Premier League clubs spent £430million in the January transfer window, nearly double the previous record of £225million, according to analysis by Deloitte.
Deadline day alone saw Premier League clubs complete deals totalling £150million, also a new record for the winter window, the accountancy firm said.
Deloitte’s Sports Business Group estimates spending by Premier League clubs in the 2017/18 season to be a record £1.9billion, eclipsing last season’s record of £1.4billion.
Partner Dan Jones said: “Premier League clubs have taken the opportunity to refresh their squads in January before the decisive phase of the season.
“International trade has flourished, with the highest ever January gross overseas outlay in Premier League history (£260m), but also the highest amount of January receipts from abroad (£185m), with names such as Coutinho and Costa leaving the UK and Laporte and Aubameyang arriving from abroad.”
Liverpool got in early to line up the costliest deal of the month, signing Virgil van Dijk from Southampton for £75m.
Jones said: “While another record-breaking season catches the eye, Premier League clubs’ expenditure continues to be well within their means in the context of revenue generated.
“Estimated 2017/18 net spend of £755m represents just 17% of forecast 2017/18 Premier League revenue, in line with the average over the 15 years since the first transfer window in January 2003, as clubs’ increase investment in players in proportion to the overall growth of the football business.”
A new January transfer window record for player sales was also set, with deals totalling £340million, leaving net transfer expenditure at £90million.
The winter transfer season usually sees the bulk of spending by clubs at the bottom of the league as they attempt to spend their way to survival from relegation, although the splurge seen in January is more akin to the summer window.
Nearly two thirds of the gross expenditure was by the top six, while the bottom six accounted for about a fifth.
Jones said: “Such is the level of competition for a coveted top-four position in the Premier League, as well as ongoing European battles, that top clubs have been willing to break with more traditional summer investment strategies to steal a march on their rivals mid-season, with several club transfer records being broken in this window.”
A record-breaking £150 million was spent by Premier League clubs on deadline day itself of the January transfer window.
That took the total for this window to £430 million, smashing the previous record of £225 million.
Here, we look at all the deadline day deals that led to that figure.
Eliaquim Mangala [Manchester City – Everton] Loan
Benik Afobe [Bournemouth – Wolves] Loan
Alexander Sorloth [FC Midtjylland – Crystal Palace] Undisclosed
Jordan Hugill [Preston – West Ham] Undisclosed
Islam Slimani [Leicester – Newcastle] Loan
Andy King [Leicester – Swansea] Loan
Badou Ndiaye [Galatasaray – Stoke City] £14m
Andre Ayew [West Ham – Swansea] £18m
Jack Withers [Boston United – Swansea] Undisclosed
Lucas Moura [Paris St-Germain – Tottenham] £23m
Didier Ndong [Sunderland – Watford] Loan
Olivier Giroud [Arsenal – Chelsea] £18m
Pierre-Emerick Aubameyang [Borussia Dortmund – Arsenal] £56m
Phew! We’ve just about caught our breath back after another epic January transfer window!
There was no shortage of cash lavished throughout the 31 days in the month, with many top and record-breaking deals taking place.
Here, we round-up the best and most notable transfers from across European football’s biggest leagues:
– Philippe Coutinho from Liverpool to Barcelona – €160m – (Dh730m)
– Diego Costa from Chelsea to Atletico Madrid – €60m – (Dh273m)
– Vitolo from Sevilla to Atletico Madrid – €37.5m – (Dh171m)
– Inigo Martinez from Real Sociedad to Athletic Bilbao – €32m – (Dh146m)
– Roger Martinez from Jiangsu Suning to Villarreal – €32m – (Dh146m)
– Francis Coquelin from Arsenal to Valencia – undisclosed
– Yerry Mina from Palmeiras to Barcelona – €11.8m – (Dh53m)
– Guilherme Arana from Corinthians to Sevilla – €11m – (Dh50m)
– Marc Bartra from Borussia Dortmund to Real Betis – undisclosed
– Hector Moreno from Roma to Real Sociedad – €6m – (Dh27.3m)
– Roque Mesa from Swansea City to Sevilla – loan
– Sandro Ramirez from Everton to Sevilla – loan
– Giampaolo Pazzini from Verona to Levante – loan
– Manuel Akanji from Basel to Borussia Dortmund – €21.5m – (Dh98m)
– Sandro Wagner from Hoffenheim to Bayern Munich – €13m – (Dh59m)
– Mario Gomez from Wolfsburg to VfB Stuttgart – €3m – (Dh13m)
– Admir Mehmedi from Bayer Leverkusen to Wolfsburg – undisclosed
– Renato Steffen from Basel to Wolfsburg – undisclosed
– Nigel de Jong from Galatasaray to Mainz – free
– Leon Goretzka from Schalke to Bayern Munich – freedom of contract from July
– Mark Uth from Hoffenheim to Schalke – freedom of contract from July
– Abdul Rahman Baba from Chelsea to Schalke – loan
– Marko Pjaca from Juventus to Schalke – loan
– Bryan Dabo from Saint-Etienne to Fiorentina – undisclosed
– Martin Caceres from Verona to Lazio – undisclosed
– Rafinha from Barcelona to Inter Milan – loan
– Lisandro Lopez from Benfica to Inter Milan – loan
– Jonathan Silva from Sporting Lisbon to Roma – loan
– Pietro Pellegri from Genoa to Monaco – €25m – (Dh114m)
– Martin Terrier from Lille to Lyon – €15m including bonuses (loaned to Strasbourg until end of season) – (Dh68m)
– Diafra Sakho from West Ham United to Rennes – undisclosed
– Lassana Diarra to Paris Saint-Germain – free
– Yann M’Vila from Rubin Kazan to Saint-Etienne – free
– Neven Subotic from Borussia Dortmund to Saint-Etienne – free
– Leo Dubois from Nantes to Lyon – freedom of contract from July
– Paul-Georges Ntep from Wolfsburg to Saint-Etienne – loan
– Mathieu Debuchy from Arsenal to Saint-Etienne – loan