Gross expenditure of Premier League summer transfers exceed £1bn for first time - Daily News Egypt - News Summed Up

Gross expenditure of Premier League summer transfers exceed £1bn for first time - Daily News Egypt


The average gross expenditure for a Premier League club this summer was £60m, according to the Deloitte statement. Premier League clubs concluded player acquisitions amounting to a total of £155m. Moreover, gross expenditure by Premier League clubs for calendar year 2016 has also set a new record. Further, gross transfer fees to overseas clubs from Premier League clubs were £720m—an increase of 23% compared to £585m in summer 2015. This represented 62% of aggregate gross transfer expenditure by Premier League clubs, as compared with 67% in summer 2015.


Source: Daily News Egypt September 08, 2016 16:52 UTC



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