Premiere League clubs spent £630million transfer record

Premiere League soccer clubs have shelled out a record £630million in the summer transfer window.

14:53 03 September 2013

In 2008, soccer clubs in the English Premier League have spent £500million. This year’s summer transfer window has broken this record with a whooping £630million. This was made possible by dramatic signings that were finalised later in the day.

Dan Jones at Deloitte said: "The story of this summer transfer window is of new records: a new record for Premier League spending as well as a new world transfer record fee.”

On the other hand, Alex Thorpe at Deloitte said: "Testament to the impact this is having is in the scale of Premier League gross spending, as well as the gulf in net spending between the Premier League and other European leagues.”

"Whereas many clubs around Europe have been reliant on selling players in order to spend, the financial advantages Premier League clubs enjoy has enabled net spending of £400million across the league."

The biggest transfer fee this year was for Gareth Bale, who was sold by Tottenham Hotspur to Real Madrid for £85million. Other signings include Mesut Ozil who’ll go with Arsenal, leaving Real Madrid for £42.4million. Meanwhile, Manchester United signed Marouane Fellaini from Everton for £27.5million.