Transfer spending goes through £500m barrier

Transfer spending by Premier League clubs this summer has now broken through the £500m barrier. With four weeks to go in the transfer window, analysts think that the remaining £335.4m needed to break last year’s record will be spent.

However, net spend could well be down as clubs seek to stay within financial fair play rules.   There could be quite a lot of churn in the composition of squads.

Transfer spending by Premier League clubs this summer has now broken through the £500m barrier. With four weeks to go in the transfer window, analysts think that the remaining £335.4m needed to break last year’s record will be spent.

However, net spend could well be down as clubs seek to stay within financial fair play rules.   There could be quite a lot of churn in the composition of squads.