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Football: Summer 2023 Transfer Window

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We publish below the highlights of the DELOITTE News Release of 2 September 2023:

 

Records eclipsed as Premier League clubs spend over £2bn for the first time: 

 

  • Premier League clubs’ gross spend of £2.36bn is almost £440m higher than the previous record (£1.92bn) set last summer; 
  • Gross spend in the 2023/24 season (£2.36bn) is already the second-highest ever after the record last season (£2.73bn), with the January transfer window still to come; 
  • Premier League clubs received a total of £550m in transfer fees from overseas clubs, more than two-and-a-half times higher than ever before (summer 2022: £210m), with £245m of these receipts coming from Saudi Pro League clubs; 
  • With the exception of La Liga, gross transfer spend increased in all of Europe’s ‘big five’ leagues, with the aggregate expenditure increasing by almost €1.16bn (26%) (2023: €5.68bn; 2022: €4.52bn); 
  • Only two of Europe’s ‘big five’ leagues spent more on transfers than they received (Premier League: net spend €1.18bn; Ligue 1: net spend €35m; Bundesliga: net receipt €290m; Serie A: net receipt €165m; La Liga: net receipt €115m); 
  • Championship clubs’ gross spend (£140m) was the highest since before the pandemic (2019: £160m), however the overall net receipt (£320m) was also the highest on record. 

 

The transfer windows for the English Premier League, English Football Leagues, Bundesliga, La Liga, Ligue 1 and Serie A all closed on 1 September 2023.

 

The transfer window for the Saudi Pro League remains open until 7 September 2023.

 

For further information, log onto: www.deloitte.co.uk/sportsbusinessgroup 

 

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