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Premier League clubs’ January transfer spending joint second highest ever

The combined spend by the Premier League’s bottom six clubs was £90 million – over half of the league total – whereas the equivalent figure in January 2015 was £20 million, less than 20 percent of the total.

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However the January total equals the second-highest figure and has contributed to gross spending by Premier League clubs for the 2015-16 season of more than £1bn, a new record, according to the financial analysts Deloitte.

No Premier League club received less than 64 million pounds when the money was shared out last season with Aston Villa, who narrowly avoided the drop in 17th place, taking 68.6 million.

The likes of Bournemouth, Sunderland and Norwich City all boast greater net spends than the traditional clubs, though Manchester City made probably the move of deadline day by announcing Pep Guardiola would take charge of the club from next season.

The lower leagues of English football have received £25.9m from this transfer window.

English clubs took their spending on players for the season soaring past 1 billion pounds on Monday, but the biggest signing on transfer deadline day was that of a manager as Manchester City confirmed Pep Guardiola will take over this summer.

There was one division that benefitted the most from Premier League spending this January – the Premier League itself.

Premier League clubs hoping to use their new signings on Tuesday must have registered the players by midday today.

Newcastle parted with the most cash, paying out £29m as they brought Andros Townsend, Jonjo Shelvey and Henri Saivet to St James’ Park.

That spending power also ensures an element of unpredictability and sees champions Chelsea flirting with the relegation zone this season and outsiders Leicester City challenging for the league title.

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Stoke City’s £18.3 million capture of French midfielder Giannelli Imbula from Porto, concluded late on Monday, was the biggest deal.

Reuters