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Manchester United lead record Premier League summer spend of over £800m

falcao

Louis van Gaal splashed out a total of £157.7

million on seven players, including a British-

record fee for Angel Di Maria, as 2014 saw a huge

increase in clubs’ outlays

Deadline day saw the Premier League reach a

record £800 million spend on transfers this

summer.

The huge numbers were led by Manchester

United, whose huge outlay of £157.7 million on

seven players was the highest single-window

spend yet by a British club.

It included a £59.7m deal to recruit winger Angel

Di Maria from Real Madrid, the highest fee ever

spent by any British team, and a late loan deal for

Monaco’s Radamel Falcao.

The Colombia international sealed a

sensational switch to Old Trafford

after a long summer of intense

interest from the likes of Madrid and

Manchester City.

According to analysis from Deloitte’s

Sports Business Group, summer

spending is up by almost £200m on

2013’s total of £630m, which was at

the time £130m higher than ever

before.

“This summer transfer window is

one of records,” said Dan Jones, a

partner in the Sports Business

Group.

“There are a number of factors contributing to

this summer’s spend, including the showcase for

global talent a World Cup provides. However, one

of the main drivers of Premier League spending

continues to be the increased resources clubs

now have as a result of improved broadcast

deals.

“Last season the average Premier League club

received around £25m more in central broadcast

distributions than they did in 2012-13, which

helped fuel a record transfer window last

summer. We are again seeing Premier League

clubs use these resources to contribute to what is

a new record this summer.”

 

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