Transfer window closes: Premier League clubs spend £295m in busy January 2022
Over half of the money spent by Premier League clubs came from the bottom five clubs - Everton, Norwich, Newcastle, Watford and Burnley. Last year the bottom five spent a total of £5m.
Dan Jones, partner and head of the Sports Business Group at Deloitte, said: "This transfer window indicates that the financial pressures of Covid on Premier League clubs are easing, with spending firmly back to pre-pandemic levels and remarkably among the highest we've ever seen in January. "The Premier League continues to lead the way globally, retaining its status as the world's biggest domestic football league in financial terms, once again supported by full stadia and securing strong overseas broadcast deals."
Europe's other top four leagues combined spent 380m euros , only £2m more than the Premier League and EFL combined. Premier League clubs' net spending of £180m is the highest since the January transfer window was introduced in 2003.
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