According to DeloitteEast historical amount is 90% higher than the previous record that dated from 2018 and almost three times more important than that spent last year.
Adding expenses incurred during the summer market (2,200 million euros), Premier League clubs disbursed 3.1 billion euros in the 2022/2023 season, which is also a record.
English clubs are at the origin of 79% of the expenses incurred in the five major European championships this winter.
This new record made react to Javier Tebas, president of the Spanish LaLiga, writing on Twitter that “we read, the ‘strength’ of the @premierleague, but it is not like that, it is a competition based on millionaire LOSSES of the clubs, (their ordinary income is not enough for them) the majority of the clubs are financially doped”.
Talent search
Tim Bridge, the study’s main sponsor, explained that Premier League club spending is “a clear indication that talent acquisition is at the heart of English clubs’ strategy.”
“By enlisting top talent, clubs hope to improve their results, which will strengthen the appeal of England’s championship and cement their position at the top of world football,” he added.
With more than 85% of expenses made by players who were not in Great Britain, Tim Bridge warned about the lack of domestic transactions.