Chelsea were the biggest Premier League spenders of the summer transfer window, which included a £47m deal for Timo Werner from Bayer LeverkusenPremier League clubs made light of the financial implications of the coronavirus pandemic by spending over £1billion in this summer's transfer window to once more showcase the league's financial might. "(Gross) transfer spending is down by approximately half this summer compared to previous summer transfer windows across Europe's top five leagues," Cebr economist Sam Miley said. Photo: Reuters"There is some slight subdued level of spending (in the Premier League) but certainly compared to the likes of Germany and Spain, the levels of spending have largely been unobstructed by Covid, it seems. "This is what sets the Premier League apart from counterparts across Europe, where sponsorship and broadcast deals are less significant proportions of their revenue and ticket sales are more significant. "But I think the gate receipts is the one that's going to be very difficult, even for the Premier League clubs, to bridge that gap."

Source: Irish Independent October 06, 2020 13:47 UTC