Premier League summer spending exceeds £2bn for the first time
The Premier League’s summer spending of £2.36billion demonstrates the “incredible pace of growth” in the league’s wealth, according to finance company Deloitte. The £2bn milestone was surpassed for the first time in advance of Friday’s deadline with moves such as Manchester City’s £53million capture of Wolves’ Matheus Nunes then driving the total to new heights. Calum Ross, assistant director in Deloitte’s Sports Business Group, told the PA news agency: “It took 14 summer transfer windows to exceed £1bn and it’s only taken seven more to surpass £2bn, so that just reflects the incredible pace of growth that we’re seeing.” Deloitte’s analysis showed the 2023 summer transfer window exceeded the previous record of £1.92bn, set only last summer, by almost £440m. Chelsea’s spending under Todd Boehly’s ownership group has continued with the £100m signing of midfielder Moises Caicedo from Brighton, £63m for forward Christopher Nkunku and Friday’s £40m capture of Cole Palmer from Manchester City. With Newcastle beating the Blues, Tottenham and Liverpool to a place in this season’s Champions League and Brighton – who pulled off a deadline-day coup with a loan deal for Barcelona star Ansu Fati – also challenging, there are as many as eight teams with realistic top-four ambitions. Arsenal signed West Ham captain Declan Rice for a similar fee to that for Caicedo and Manchester City spent £77m on Croatia defender Josko Gvardiol, while Spurs’ £47.5m move for Nottingham Forest forward Brennan Johnson was another standout move on deadline day. Ross said: “You’ve got that intensity of competition across the league. There are 10 clubs that have spent more than £100m so it’s not all those top clubs. “I think at the moment, more than half of the clubs have spent more than they did last season.” England’s top flight has spent almost as much as the other members of Europe’s ‘big five’ leagues – LaLiga in Spain, Italy’s Serie A, the French Ligue 1 and Germany’s Bundesliga – combined this summer. But a new challenge has emerged with the Saudi Pro League attracting the likes of Neymar, Karim Benzema and Riyad Mahrez to follow Cristiano Ronaldo’s January move to Al Nassr. I think almost half of the transfer fees received by Premier League clubs came from the Saudi Pro League Calum Ross of Deloitte’s Sports Business Group The fees and wages on offer in Saudi Arabia are eye-watering with Liverpool rejecting a £150m deadline-day bid from Al-Ittihad for attacking talisman Mohamed Salah. Ross said: “This is the first time since the summer window of 2016 that one of the big five leagues, LaLiga, doesn’t appear in the top five spenders globally. The Saudi Pro League’s replaced them, I think they’re the second highest at the moment with over 850million euros (£728m). “Also it’s another source of funding though – I think almost half of the transfer fees received by Premier League clubs came from the Saudi Pro League. So having that extra funding from Saudi Pro League clubs and other overseas markets is then providing them with additional funds to redistribute to their transfer targets.” The Saudi window remains open until next Thursday and while clubs could be reluctant to sell with no opportunity to replace departed talent, Ross said: “There is still a chance over the next week or so that we will see further outgoings. “Being able to operate in a financially sustainable manner, as well as complying with the relevant financial regulations, is a key part of their activity. “It’s balancing that need for financial sustainability and profitability with the desire for on-pitch success.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland boss Andy Farrell says ability to ‘roll with punches’ key for World Cup Mason Greenwood will begin to rebuild career with loan move to Getafe David Moyes enjoying West Ham topping Premier League after Luton win
2023-09-02 10:26
'Sister Wives' star Meri Brown looks stunning as she flaunts slimmer physique in tiny shorts
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2023-09-02 09:57
Michigan fans mercilessly troll Michigan State struggles in opener: Best memes and tweets
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2023-09-02 09:56
Pentagon: Russian fighter jets approached US and Coalition aircraft over Syria 7 times in August -- at times within 1,000 feet
Russian fighter aircraft approached US F-35 fighter jets and other Coalition aircraft over Syria on seven occasions during the month of August and in several instances flew within 1,000 feet, the Pentagon said Friday.
2023-09-02 09:46
North Korea Fires Cruise Missiles as US-South Korea End Drills
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2023-09-02 09:28
Trump co-defendant Rudy Giuliani pleads not guilty in Georgia case
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2023-09-02 09:27
Blue-water ambitions: Is China looking beyond its neighborhood now it has the world's largest navy?
China has built the world's largest naval fleet, more than 340 warships, and until recently it has been regarded as a green-water navy, operating mostly near the country's shores.
2023-09-02 09:21
Small town near Seattle declares state of emergency over false alarms from dam warning system
A state of emergency was declared in a small city in Washington state this week after a warning system for a dam protecting the city from being flooded by a reservoir falsely went off a fourth time since 2020, city officials said.
2023-09-02 09:19
White House focused on McCarthy's impeachment whip count
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2023-09-02 08:57
Alabama starting quarterback for season opener revealed
Nick Saban has reportedly decided on Alabama football's starting quarterback for the season opener against Middle Tennessee.
2023-09-02 08:55
California equestrian accused of trying to hire hitman to kill her husband during divorce
A California equestrian was arrested for allegedly attempting multiple times to hire a hitman to kill her estranged husband. Tatyana Remley, 42, is accused of first offering a friend $2m to murder Mark Remley, and last month she allegedly met with an undercover police officer and asked him to kill her husband. She has been charged with solicitation of murder after meeting with an undercover detective last month and allegedly gave specific details on how she wanted her husband killed and his body disposed of, according to the San Diego Sheriff’s Office. Ms Remley came into contact with police after the sheriff’s office responded to a house fire on 2 July. She was arrested on firearms offences after she was found to be in possession of three guns and ammunition. Prosecutors say that in the month after the fire police received information that she was trying to hire someone to kill her husband. During a 2 August meeting with the undercover detective she brought three firearms and money as a downpayment for the killing, say officials. She is currently being held without bail at the Las Colinas Detention Facility in Santee, California and pleaded not guilty at a hearing last month, according to The Coast News. Solicitation of murder can carry a sentence of up to nine years in California and the firearms felony charge could add another year. The Remleys ran the production of an acrobatic equestrian show called Valitar at the Del Mar Fairgrounds in 2012, which was supposed to run for 45 performances but was cancelled after just a few. The couple, who lived in Del Mar, near San Diego, married in 2011 and have filed for divorce several times over the years, according to the outlet. The couple were in the process of divorcing when the alleged murder plots were undertaken. She is due back in court on 6 October. Read More 25,000 pounds of trash pulled from the Great Pacific Garbage Patch Powered by wind, this $10B transmission line will carry more energy than the Hoover Dam Billionaires want to build a new city in rural California. They must convince voters first
2023-09-02 08:54
Large wildfire triggers evacuations in east Texas
A large wildfire burning across 500 acres in Huntsville, Texas, forced some parts of the city to evacuate Friday, as forecasters are predicting extremely hot weather to persist over Labor Day weekend.
2023-09-02 08:47
