EPL Clubs Break Soccer Record, Splash Over $2.2 Billion In Summer Transfer Market
During the last European summer transfer market window that ended on Thursday, September 1, English Premier League clubs broke the global soccer transfer spending record for a season, splashing a whooping £1.9 billion ($2.2 billion) during the period, according to analysis from finance company, Deloitte.
The last summer transfer window, which closed last Thursday, beat the previous record of £1.86 billion ($2.5 billion) spent in a whole season, which was set in 2017-18. It also beat the previous summer spending record of £1.4billion ($1.6B) set in 2017.
Several other records were broken in the window, including Premier League clubs spending being more than Spain’s LaLiga, Italy’s Serie A and the German Bundesliga combined.
Across Europe, the Premier League also dominated the list of top 10 spenders during the 2022 summer transfer window.
Chelsea led the way following a busy summer of transfer activity under new owner and sporting director, Todd Boehly. They signed players like Raheem Sterling, Marc Cucurella and Kalidou Koulibaly before finishing the window with a flourish by adding Pierre-Emerick Aubameyang and Denis Zakaria to their ranks.
Manchester United was second in the standings after adding Lisandro Martinez and Casemiro for large fees, but it was the late addition of Antony in a blockbuster deal that could reach €100 million that saw them push quite so far up. Tyrell Malacia has also joined for a significant sum, while Christian Eriksen was a free transfer.
West Ham United concluded the summer having spent the third highest with Lucas Paqueta as their marquee arrival. Tottenham and Nottingham Forest, who signed a dazzling array of new players, round out a top five that was monopolised by Premier League sides.
Manchester City and Wolves were part of the top ten. There were only three non-Premier League teams that made the top ten list: Barcelona, PSG and Bayern Munich.
Fired by income from huge global broadcasting deals worth about 10 billion pounds ($11.8 billion) over three seasons, it seems Premier League clubs have reverted to pre-pandemic levels of massive spending, while the rest of Europe and probably the world would be left to grumble with the “crumbs”.