Premier League clubs have spent more than £1bn on transfers in a season for the first time, new figures reveal.
A record £965m was spent in 2014-15, but that figure has already been beaten, with clubs having until 23:00 GMT on Monday to sign further players.
The 20 clubs have already spent £130m in the January transfer window alone, with Newcastle spending £29m.
They have signed Jonjo Shelvey, Andros Townsend and Henri Saivet, and bid £21m for West Brom striker Saido Berahino.
Dan Jones, partner in the Sports Business Group at Deloitte, said: “We’ve seen Premier League clubs again use the January window to invest significantly in playing talent.
“With a day left, the total gross spending this season has already reached £1bn for the first time.”
| Premier League spending since 2003-04 | |||
|---|---|---|---|
| Season | Summer transfer window | January transfer window | Total |
| *2015-16 January transfer window figures as at 09:00 GMT on 1 February | |||
| 2003-04 | £215m | £50m | £265m |
| 2004-05 | £215m | £50m | £265m |
| 2005-06 | £235m | £70m | £305m |
| 2006-07 | £260m | £60m | £320m |
| 2007-08 | £470m | £175m | £645m |
| 2008-09 | £500m | £170m | £670m |
| 2009-10 | £450m | £30m | £480m |
| 2010-11 | £365m | £225m | £590m |
| 2011-12 | £485m | £60m | £545m |
| 2012-13 | £490m | £120m | £610m |
| 2013-14 | £630m | £130m | £760m |
| 2014-15 | £835m | £130m | £965m |
| 2015-16 | £870m | £130m so far | £1bn so far |
FROM : BBC.com
