English clubs paid majority of January transfer fees across Europe’s top five leagues


FE Team | Published: February 05, 2018 20:24:02 | Updated: February 07, 2018 12:15:59


English clubs spent majority in January transfer window

The spending of Premier League clubs in January accounted for 51 per cent of transfer fees paid out by Europe's top five leagues, according to a CIES study.

CIES said "the total estimated spending was over one billion euros" in England, France, Germany, Italy and Spain.

Premier League sides had an outlay of £483 million (545 million euros) with a net loss of £100 million (113 million euros).

There was a deficit despite Philippe Coutinho moving to Barcelona from Liverpool for £142 million.

Striker Diego Costa also left Chelsea to join Atletico Madrid for a fee CIES put down as £58.5 million (66 million euros).

Those two moves contributed to La Liga having a record deficit of £166.5 million (188 million euros), says BBC.

The two biggest signings in England involved Liverpool bringing in defender Virgil van Dijk from Southampton for £75 million and Arsenal's purchase of striker Pierre-Emerick Aubameyang for £56 million.

The "estimated balance sheets" of the other leagues saw Italy's Serie A (£42.5 million), Germany's Bundesliga (£29.2 million) and France's Ligue 1 (£12.4 million) in credit.

Premier League clubs spent £430 million in January, according to analysis by Deloitte's Sports Business Group.

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