Football

Premier League spending for this season has topped £1 billion.

Premier League spending this season tops £1 billion

Published Add your comment

Football News
24/7

Premier League spending for the 2015/16 season has surpassed £1 billion, for the first time in history.

With the January transfer window still open and more deals possible, this season's cumulative spending has already beaten the £965 million record from last year.

In comparison, the 2009/10 season saw the top 20 clubs spend less than half that figure, with just £480 million worth of transfers completed.

SIGN UP NOW!

Want to become a GMS writer? Sign up now and submit a 250-word test article: http://gms.to/haveyoursay4

Article continues below

What's causing the rise?

First and foremost, TV money.

The Premier League sold the rights to live games for £3.018 billion in 2013, whilst next season's deal that runs until 2019 will be worth an incredible £5.136 billion to the elite clubs of English football.

Article continues below

Since its inception in 1992, the Premier League has become a global brand as the most watched football league in the world.

Almost two million people tuned in to watch the Manchester derby earlier this season - to be welcomed with a dire 0-0 draw - and as a result, clubs can also make a fortune from other avenues

Manchester United receive £75 million-a-year from their kit deal with Adidas, whilst Deloitte's recent money league revealed that 17 of the 30 highest-earning clubs in world football, play in the Premier League.

FBL-ENG-PR-MANUTD-SHIRT

More is less

Despite the increasing wealth of the Premier League clubs, this season's football has been largely disappointing.

English football has always been renowned for its competitiveness and never has the mantra that 'anyone can beat anyone' been more accurate.

However, whilst Leicester City's remarkable rise has provided the story of the season - they currently sit top of the table, having narrowly avoided relegation last season - the Premier League no longer boasts some of Europe's finest clubs, with Manchester City the only likely qualifier for the Champions League quarter-finals.

There will be more

With the January transfer window still open, combined spending will push beyond the £1 billion mark.

West Brom striker Saido Berahino is reportedly attracting interest from three Premier League clubs, whilst the frenzy of the final hours of the window will inevitably lead to inflated transfer fees.

Do you think signing Saido Berahino would help Tottenham ensure Champions League qualification for next season? Have your say in the comment box below!

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Arsenal
Premier League
Football
Transfer News
Manchester United

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again