Paul Merson grades every club's January transfer window business

Riyad Mahrez 7/2 to join Arsenal

Deloitte's Sports Business Group revealed that Premier League clubs spent a January transfer deadline-day record £150M ($214M) on Wednesday to take their overall outlay for the month to £430M ($613M), according to the BBC. The next-highest spending league was La Liga, with total transfer expenditure of around £250 million (€285 million).

Federation Internationale de Football Association announces that next season's Premier League transfer window will open on June 9, with clubs only allowed to sign players until the start of the campaign.

The French League big spenders PSG were curbed last month due to the Financial Fair Play regulations after the massive transfers of Kylian Mbappe and Neymar in 2017 - so it came as no surprise as the league posted a profit of R222 million [€15 million] amongst the 20 sides in the division. Though his price (the most expensive defender of all time) was discussed at lengths, for Liverpool, it was all about the abilities that Van Dijk will bring to the table.

Going out of the Emirates exit were Theo Walcott (£20m to Everton), Olivier Giroud (£18m to Chelsea) and Francis Coquelin (£12m to Valencia). Total net spend was £23m and £86m respectively. Dan Jones, a partner in Deloitte's Sports Business Group, said, "Assuming the new TV deal delivers what people are expecting, I think we get to that £2 billion at some point within that TV deal".

But net spend, the amount spent after the income from player sales is deducted, was the equivalent of around 3% of a club's total revenue across the Premier League.




Mr 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.

The Premier League's redistribution programme will invest £443m in all areas of professional sport this season.

He said: "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 United Kingdom and Laporte and Aubameyang arriving from abroad".

In total, Premier League clubs made almost 50 new signings last month, with more than 150 players leaving their sides.

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