Premier League clubs take summer spending to nearly £2billion with week to go

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Premier League clubs take summer spending to nearly £2billion with week to go
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Spending had reached £1.95bn by midday on Friday, Deloitte said.

Premier League clubs have spent almost £2billion on summer deals already, with a week of business still to go

Data released by financial services firm Deloitte showed that as of 12pm on Friday top-flight teams’ spending had reached £1.95bn. Two of this summer’s deals so far have been worth over £100m – Arsenal’s signing of Declan Rice from West Ham and Chelsea’s recruitment of Moises Caicedo from Brighton. Calum Ross, assistant director in Deloitte’s Sports Business Group, said: “For the second year in a row, the summer transfer spending by Premier League clubs has surpassed the previous record and looks set to rise above £2bn for the first time before the window closes on September 1.“This sensational level of spending appears to be the new norm for Premier League clubs.

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