Premier League summer spending rockets

Barclays Premier League clubs in England splashed out £485 million in the summer transfer window, a huge 33% increase on last year’s total summer spend.

England’s 20 top-flight clubs spent £120 million more than in the corresponding window in 2010 after the 2011 summer window shut yesterday evening. Arsenal, Chelsea, Liverpool, Manchester City and Manchester United each spent more than £50 million on transfers this summer, with these five clubs responsible for about two-thirds of the Premier League’s total transfer outlay. Levels of spend hit the highs that clubs were spending at pre- 2008.

Transfer fees to overseas clubs totalled about £205 million. However, although this represented a 25% drop on the summer 2010 figures, the outlay to foreign clubs still made up 42% of total transfer fees.  Clubs spent circa £165 million on English talent – 34% of their total spending.

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