Premier League January transfer spending fall for first time since 2012

first_img Next Reuters LondonFebruary 1, 2019UPDATED: February 1, 2019 15:35 IST This year’s biggest transfer move of the January window came from Chelsea, who spent 55 million pounds for Christian Pulisic from Borussia Dortmund (Reuters Photo)HIGHLIGHTSPremier League’s January spending in 2018 was at 180 million poundsThree of the top six Premier League clubs did not to add players to their existing squads in JanuaryThe top six Premier League clubs accounted for 43 per cent of expenditurePremier League spending in the January transfer window fell for the first time since 2012 after three of the top six clubs decided not to add players to the squad, according to a Deloitte report published on Friday.Thursday’s deadline day spending accounted for 50 million pounds ($65.49 million) — bringing the month’s spending to 180 million pounds.That is less than half of January 2018 spending of 430 million pounds, which included Liverpool signing Virgil van Dijk from Southampton for a world record deal fee for a defender.The top six Premier League clubs – Liverpool, Manchester City, Tottenham Hotspur, Arsenal, Chelsea and Manchester United – accounted for 43 per cent of expenditure, lower than January last year when this figure stood at 62 per cent.Tottenham are set to play the entire 2018-19 campaign without recruiting players, having failed to add new faces over the last two transfer windows.Liverpool, United, Everton and Southampton also chose not to sign anyone in January.”With central distributions to clubs now likely to remain around current levels until at least the end of the 2021-22 season, clubs are potentially taking a more long-term view to their transfer strategies,” Tim Bridge, director in the Sports Business Group at Deloitte, said.January spending was at 225 million pounds in 2011 but fell to 60 million pounds in the following year.This year’s biggest transfer move of the January window came from Chelsea, who spent 55 million pounds for Christian Pulisic from Borussia Dortmund.For the first time since 2005, Newcastle United broke their transfer record to sign Paraguayan playmaker Miguel Almiron from Major League Soccer side Atlanta United for 20 million pounds.advertisementWolverhampton Wanderers completed the signing of Atletico Madrid full back Jonny Otto for 15 million pounds after a successful loan spell.Defending champions Manchester City signed Hajduk Split midfielder Ante Palaversa for 7 million pounds and loaned him back to the Croatian side.The Deloitte report also confirmed that clubs in the bottom six of the standings recorded spending of 20 million pounds, compared to 90 million pounds in the same period last year.Also Read | Crystal Palace sign Batshuayi from Chelsea, Leicester bag Tielemans loan dealAlso Read | Manchester United agree fee with Chinese club Shandong for Marouane FellainiAlso Read | Denis Suarez gives us attacking flexibility, says Arsenal manager Unai EmeryAlso Watch:For sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byJepher Nickels Tags :Follow Premier league Premier League January transfer spending fall for first time since 2012Thursday’s deadline day spending accounted for 50 million pounds ($65.49 million) — bringing the month’s spending to 180 million pounds. That is less than half of January 2018 spending of 430 million pounds, which included Liverpool signing Virgil van Dijk from Southampton for a world record deal fee for a defender.advertisementlast_img

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