Audio By Carbonatix
Premier League clubs have broken their record for spending in a summer transfer window, according to analysis from finance company Deloitte.
Deloitte has calculated clubs have spent £1.5bn so far this summer, exceeding the previous record of £1.4bn in 2017.
There is still a week to go until the transfer window closes at 23:00 BST on 1 September.
Spending at the same point in 2021 was £895m and went on to reach £1.1bn.
"The record levels of spending that we've seen in this summer transfer window so far provides a sign that the business models of Premier League clubs are rebounding post-Covid," said Chris Wood, assistant director in Deloitte's Sports Business Group.
"While this is encouraging, the importance of clubs establishing responsible and sustainable spending policies cannot be overstated."
Some of the biggest transfers have seen Liverpool sign Uruguay striker Darwin Nunez from Benfica for an initial £64m in a deal that could rise to £85m, while Manchester United have brought in Brazil midfielder Casemiro for an initial £60m from Real Madrid in a move that could eventually be worth £70m.
Tottenham Hotspur signed Brazil forward Richarlison from Everton in a move believed to be worth £60m and Manchester City secured the arrival of Norway striker Erling Haaland for £51.2m from Borussia Dortmund.
England forward Raheem Sterling joined Chelsea in a £50m deal, while the Blues also signed Spain defender Marc Cucurella from Brighton in a move worth more than £60m.
Fourteen players have so far been signed by Premier League clubs for reported fees of more than £30m, which compares to eight during the 2021 summer transfer window.
Latest Stories
-
Wejia maintenance to disrupt water supply across 20 communities
6 minutes -
Rome wasn’t built in a day, but we’re on the right track – Joyce Bawah
10 minutes -
Regulate Airbnb or risk undermining Ghana’s hotel industry – Hotels Association president
24 minutes -
Hotels aren’t losing to Airbnb, they’re losing to unfair rules – Hotels Association President
33 minutes -
ofi Ghana Limited receives Outstanding Agribusiness Award in the Gold Category at President’s National Export Awards
40 minutes -
Joyce Bawah slams Ken Ofori-Atta for ‘running away’ from accountability
41 minutes -
Kufuor receives spiritual leader of Temple of Rabbi in Akuapem
59 minutes -
Minerals Commission applauds Zijin for commitment to sustainable mining
1 hour -
State to honour Alex Dadey with Osagyefo Dr. Kwame Nkrumah Diaspora Award
1 hour -
Financial knowledge secures future – NIB to Police Ladies
1 hour -
A brief response to Bright Simons
2 hours -
President Mahama has done considerably well looking at what he inherited – Joyce Bawah
2 hours -
Lenscape 2025 launches to elevate Ghanaian photographers and visual storytelling
2 hours -
Egg Glut Relief: Poultry farmers set up with lower prices at Joy FM X’mas Egg Market
2 hours -
KATH CEO pushes for swift completion of stalled maternity block to ease hospital pressure
2 hours
