Tottenham made the largest signings on deadline day. Completing the second-highest spending January in Premier League history with a total of £295 million spent.
As clubs appear to have recovered from the financial effects of Covid. A total of 12 Premier League transfers on deadline day brought expenditure. To the highest level since £430 million in 2018. In January 2021, Premier League clubs spent only £70 million, with less than £10 million spent on deadline day.
Premier League clubs spent quite a lot
Spurs signed two Juventus players for at least £24 million. Traded England midfielder, Dele Alli, to Frank Lampard’s Everton for up to £40 million. Then loaned out three players a year later, with capacity crowds returning in stadiums this season.
Newcastle signed two Premier League defenders, while Manchester City and Burnley spent over £10 million on forwards. Arsenal let Pierre-Emerick Aubameyang leave on a free transfer to Barcelona, while Juventus leased Aaron Ramsey to Scottish champions Rangers.
Everton, Norwich, Newcastle, Watford, and Burnley accounted for more than half of the money spent by Premier League clubs (£150 million). The poorest five spent a total of £5 million last year.
Deloitte’s Dan Jones, partner and head of the Sports Business Group, said:
“This transfer window indicates that the financial pressures of Covid on Premier League clubs are easing, with spending firmly back to pre-pandemic levels and remarkably among the highest we’ve ever seen in January. “The Premier League continues to lead the way globally, retaining its status as the world’s biggest domestic football league in financial terms, once again supported by full stadia and securing strong overseas broadcast deals.”
Did Premier League clubs spend the most?
Only £2 million more than the Premier League and EFL combined. Europe’s other top four leagues spent 380 million euros (£317 million). The £180 million in net expenditure by Premier League teams is the biggest. Since the January transfer window was inaugurated in 2003.
Spurs have paid an £8.3 million loan price for Sweden winger Dejan Kulusevski. With an option to buy for £29.2 million. Antonio Conte’s side has paid an £8.3 million loan fee for Uruguay midfielder Rodrigo Bentancur (which could climb by £5 million).
Tanguy Ndombele (Lyon), Bryan Gil (Valencia), and Giovani lo Celso (Villarreal) have all temporarily left the club. Newcastle completed a successful month of recruitment by signing Brighton’s Dan Burn for £13 million and Aston Villa’s Matt Targett on loan.
Manchester United nor city were the highest spenders.
Manchester City paid £14.1 million for River Plate attacker Julian Alvarez but will return to the Argentine club on loan until the summer. Burnley paid £12 million to Wolfsburg for striker Wout Weghorst.
Lampard’s first signing as Everton manager was Donny van de Beek, who completed a loan move from Manchester United, and Alli became his first permanent signing on an initial free transfer.
Crystal Palace has signed two strikers: £9 million for Jean-Philippe Mateta, who was on loan from Mainz, and £1 million for Luke Plange, who will return to his old club Derby.
Brighton reportedly paid £6 million for Royale Union Saint-Gilloise forward Deniz Undav, but he was loaned back to the Belgian club. Brentford made the first signing of the day when they signed Christian Eriksen, a free agent from Denmark.
Bournemouth, who are chasing promotion to the Premier League, have made five new additions. For an undisclosed fee, they loaned Norwich midfielder Todd Cantwell, Liverpool defender Nat Phillips, and Newcastle goalkeeper Freddie Woodman, as well as forwards Kieffer Moore and Siriki Dembele.
The day before deadline day, Liverpool made the largest acquisition of the season in England, purchasing Porto’s Colombian winger Luis Diaz for 45 million euros (£37.5 million), plus an additional 15 million euros (£12.5 million) in potential bonuses.
Newcastle had already agreed to pay £35 million-plus £6.6 million in add-ons for Lyon’s Brazilian midfielder Bruno Guimaraes, £25 million for Burnley striker Chris Wood, and £12 million for Atletico Madrid and England right-back Kieran Trippier.
Four additional Premier League signings were worth £10 million or more
Aston Villa paid £25 million for Everton left-back Lucas Digne. While Everton spent £27 million on Nathan Patterson of Rangers and Vitalii Mykolenko of Dynamo Kyiv.
Wolves have made Hwang Hee-chan, a loan signing from RB Leipzig, a permanent signing for £14 million.
Juventus became the highest signing in Europe when they paid £58 million for Fiorentina attacker Dusan Vlahovic, who had been a target for several Premier League clubs.
Philippe Coutinho of Barcelona was loaned to Villa, while Adama Traore of Wolves, Anthony Martial of Manchester United, and Amad Diallo of Manchester United were all loaned out of the Premier League.
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