A report from Deloitte confirms that transfer spending by Premiership clubs fell significantly in the transfer window that has just closed. Total spending was down from £450m to £350m, a fall of 22 per cent. It would have been even lower if it wasn’t for Manchester City splashing the cash: they accounted for 36 per cent of all spending.
A report from Deloitte confirms that transfer spending by Premiership clubs fell significantly in the transfer window that has just closed. Total spending was down from £450m to £350m, a fall of 22 per cent. It would have been even lower if it wasn’t for Manchester City splashing the cash: they accounted for 36 per cent of all spending.
Deloitte emphasise a different combination of factors from other reports: a weaker pound, higher UK income tax making England less attractive to foreign players and the lessons learnt from the failure of Portsmouth. Multiple factors are clearly at work but they all point in one direction.