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| Premier League January transfer spending falls | Premier League January transfer spending falls |
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| Premier League football clubs have spent less in this year's January transfer window so far compared with a year ago, research has shown. | Premier League football clubs have spent less in this year's January transfer window so far compared with a year ago, research has shown. |
| As the transfer deadline looms, and with a number of deals still to be agreed, Deloitte estimates Premier League clubs have spent around £80m acquiring new players this year. | As the transfer deadline looms, and with a number of deals still to be agreed, Deloitte estimates Premier League clubs have spent around £80m acquiring new players this year. |
| That compares with £95m a year ago. | That compares with £95m a year ago. |
| However, to date Premier League clubs have spent a record £900m on players in the 2014/15 season, Deloitte added. | However, to date Premier League clubs have spent a record £900m on players in the 2014/15 season, Deloitte added. |
| That was well above the previous record spend on player transfers, which stood at £760m in the 2013/2014 season. | That was well above the previous record spend on player transfers, which stood at £760m in the 2013/2014 season. |
| Spending in January had been "slightly more reserved" this year, said Dan Jones, partner in the Sports Business Group at Deloitte. | Spending in January had been "slightly more reserved" this year, said Dan Jones, partner in the Sports Business Group at Deloitte. |
| But several deals have yet to complete, including Chelsea's £23m bid for Colombian winger Juan Cuadrado from Italian club Fiorentina, which is being part-funded by the club's sale of Andre Schurrle to German side Wolfsburg. According to reports, the deal is expected to complete before the close of the window. | |
| Last year's estimated £95m spent by Premier League clubs ahead of the close of the January transfer window rose to £130m once transfer deals completed on the day were counted. | Last year's estimated £95m spent by Premier League clubs ahead of the close of the January transfer window rose to £130m once transfer deals completed on the day were counted. |
| Similarly in January 2012, Premier League clubs were estimated to have spent £85m ahead of the close of the January transfer window but the total rose to £120m by the end of transfer deadline day. | Similarly in January 2012, Premier League clubs were estimated to have spent £85m ahead of the close of the January transfer window but the total rose to £120m by the end of transfer deadline day. |
| Deloitte said increased spending on players by Premier League clubs was largely the result of broadcast revenue. All 20 Premier League clubs now rank in the global top 40 based on their revenue. | Deloitte said increased spending on players by Premier League clubs was largely the result of broadcast revenue. All 20 Premier League clubs now rank in the global top 40 based on their revenue. |