Friday, 31 January 2014

Premier League transfer spending hits £700m for first time

New signing Juan Mata of Manchester United celebrates Robin van Persie scoring against Cardiff
Transfer spending by Premier League clubs this season has passed the £700m mark for the first time, says Deloitte.

So far, £725m has been spent in the 2013-14 season, including £95m during the current winter transfer window, which closes at 2300 GMT.

That is ahead of winter window spending at the same time a year ago, of £85m.

"We expect deadline day to again be a busy time for Premier League clubs," said Dan Jones of the sport business group at Deloitte.

"However, regardless of the amount of activity today, we have already seen the 2013-14 seasons set a record for Premier League transfer spending."

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