Premier League transfer spending cut |
27 January 2012
Deloitte, the business advisory firm, will release its analysis of January transfer window activity on Wednesday 1st February 2012. With four days to go until this year’s window closes, Deloitte’s interim analysis shows that gross transfer spending by Premier League clubs of around £30m is well down on last year’s level.
Dan Jones, Partner in the Sports Business Group, commented: “Going into the final weekend before the winter window closes, so far Premier League clubs have played it low-key with overall transfer fees of around £30m. This contrasts with £80m spent at the same time last year – the clubs’ transfer exertions in the final few days raised the total to a January record of £225m. Last year’s record figure was particularly boosted by the final day’s chain of events that contributed over £100m.”
“As clubs are now in the reporting period that will count towards the first assessment for UEFA’s Financial Fair Play requirements, their comparative restraint is indicative of an overriding reflection on spending levels. However, whilst it’s a sparse January so far, we can again expect an active summer window following Euro 2012. The global popularity of the English game helps drive continuing growth for Premier League clubs’ revenues, with transfer spending further supplemented from the pockets of some owners.”
- Ends –
Notes to editors:
The information for the January 2012 transfer window is based on reported transfers as at 09:30 on 27 January 2012.
Deloitte’s analysis of the levels of total transfer spending by Premier League clubs by year for 2003 to 2011, and for the January transfer window in each year, are extracted from previous analysis prepared and released by Deloitte. www.deloitte.co.uk/sportsbusinessgroup
Transfer spending analysis prepared by Deloitte covering 2003 to 2011:
About the Sports Business Group at Deloitte
Over the last 20 years Deloitte has developed a unique focus on the business of sport. Our specialist Sports Business Group offers a multi-disciplined expert service with dedicated people and skills capable of adding significant value to the business of sport. Whether it is benchmarking or strategic business reviews, operational turnarounds, revenue enhancement strategies or stadium/venue development plans, business planning, market and demand analysis, acquisitions, due diligence, expert witness, audits or tax planning; we have worked with more clubs, leagues, governing bodies, stadia developers, event organisers, commercial partners, financiers and investors than any other adviser.
For further information on our services you can access our website at www.deloitte.co.uk/sportsbusinessgroup
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