Premier League transfer window closes with £490m spent
By Tom Lowenstein
The summer transfer window slammed shut last night, with Premier League clubs in England having splashed nearly £500 million on players.
Figures from accountancy firm Deloitte's Sports Business Group (SBG) revealed that a total of £490 million was spent over the course of the window, the BBC revealed.
More than £100 million of this came in the final 24 hours as clubs raced to complete deadline deals, with the ultimate bill standing just £10 million short of the 2008 record.
The last day of the window saw Clint Dempsey move from Fulham to Tottenham Hotspur in a £6 million deal, with France goalkeeper Hugo Lloris also joining him at the North London club.
Other last-minute transfers included Javi Garcia's £16 million move to Manchester City and Southampton's signing of Gaston Ramirez for a reported £12 million fee.
Commenting on the near record-breaking spending, SBG partner Dan Jones said that it has to be considered in context with the recently-announced 70 per cent increase in broadcasting revenues.
"Once overseas broadcast deals are factored in, the average Premier League club looks set to benefit from at least an additional £25 million of revenue per year from next season," he said.
01 September 2012, 11:21