{"id":156,"date":"2007-09-04T15:33:00","date_gmt":"2007-09-04T15:33:00","guid":{"rendered":"http:\/\/www.the-finance-zone.co.uk\/markets\/tv-deal-fuels-transfer-spending\/"},"modified":"2007-09-04T15:33:00","modified_gmt":"2007-09-04T15:33:00","slug":"tv-deal-fuels-transfer-spending","status":"publish","type":"post","link":"https:\/\/the-finance-zone.co.uk\/index.php\/2007\/09\/04\/tv-deal-fuels-transfer-spending\/","title":{"rendered":"TV deal ‘fuels transfer spending’"},"content":{"rendered":"\n\n
\n
\"Fernando<\/p>\n
Liverpool paid \u00c2\u00a320.5m for Fernando Torres this summer.<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n

New owners and a massive television broadcasting deal have helped English football clubs spend more than \u00c2\u00a3530m on players this summer, a survey says.<\/strong>The study, by Deloitte Sports Group, shows the spending was about two-thirds higher than the \u00c2\u00a3330m of summer 2006.<\/p>\n

Of the money spent by top-flight clubs, about \u00c2\u00a3110m went to lower-league sides while some \u00c2\u00a3265m went outside England.<\/p>\n

The spree came as a three-season, \u00c2\u00a31.7bn, deal for domestic and overseas television rights began. <\/p>\n

Several clubs – including Liverpool, Manchester City and West Ham – also benefited from ambitious new owners bolstering the transfer fund kitty.<\/p>\n

“This summer’s transfer spending by English clubs has beaten all previous records,” said Paul Rawnsley of Deloitte.<\/p>\n

“But as Premier League clubs will receive around \u00c2\u00a3300m of extra broadcast payments during the 2007\/08 season the increase in transfer spending is not a surprise.”<\/p>\n

Mr Rawnsley said that player wages would also increase – though by a much lower proportion than the rise in transfer spending.<\/p>\n

The average transfer fee paid by Premier League clubs rose from about \u00c2\u00a33.5m a year ago to \u00c2\u00a34m. The number of transfers also grew – from about 80 to more than 100.<\/p>\n

Twelve top flight clubs spent more than \u00c2\u00a320m on players.<\/p>\n","protected":false},"excerpt":{"rendered":"

Liverpool paid \u00c2\u00a320.5m for Fernando Torres this summer. New owners and a massive television broadcasting deal have helped English football<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[32],"tags":[],"class_list":["post-156","post","type-post","status-publish","format-standard","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=156"}],"version-history":[{"count":0,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/156\/revisions"}],"wp:attachment":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}