Premier League clubs post transfer window profit for first timeJEAN-PAUL PELISSIER/REUTERS Disgruntled Dimitri Payet was shipped out by West Ham United back to his former club Olympique Marseille for £25 million (NZ$43.4 million). Premier League clubs have made a transfer window profit for the first time, despite near-record spending in January, thanks largely to two big-money moves to China and France playmaker Dimitri Payet's return home. French Ligue 1 clubs spent a total of about £130 million (NZ$225.4 million) in January, ahead of the Bundesliga on £85 million (NZ$147.4 million) and Italy's Serie A on £80 million (NZ$138.7 million). SURVIVAL SPENDINGPremier League clubs' total spending in the January window was the second highest after January 2011's £225 million (NZ$390.3 million). English Championship (second-tier) clubs spent a total of £80 million (NZ$138.8 million), up more than 125 per cent on last year and a January record for the division.

Source: Stuff February 01, 2017 13:48 UTC