Clubs spend £1,7bn

16 Aug, 2019 - 00:08 0 Views

eBusiness Weekly

The English Premier League transfer window, a window that never simply closes but rather “slams shut”, came to an end last week as the country’s leading clubs splashed out £1,41 billion ($1,7 billion) during the shopping bonanza — including £170 million ($205 million) on the final day alone.

Just a day before Liverpool kicks off the new Premier League season against Norwich at Anfield last Friday night, clubs were desperately trying to bolster their options in a last-ditch attempt to strengthen their chances of success and, for many, survival.

Driven by rolling news channels, an insatiable appetite for transfer rumours, deadline day itself has arguably become one of the most entertaining days in the football calendar.

Since the latest transfer window opened on May 16 for domestic deals, 11 clubs have smashed their own transfer records, according to the Deloitte Sports Business Group which tracks football finances. — CNN.

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