Premier League January transfer window turns up to be the second-highest spending January window in history. The Premier League clubs spent a total of £295m in this winter transfer window.
Meanwhile, many Premier League clubs completed big transfers. However, Tottenham made the biggest moves on deadline day.
As per Dan Jones, partner and head of the Sports Business Group at Deloitte:
“This transfer window indicates that the financial pressures of Covid on Premier League clubs are easing, with spending firmly back to pre-pandemic levels and remarkably among the highest we’ve ever seen in January.
“The Premier League continues to lead the way globally, retaining its status as the world’s biggest domestic football league in financial terms, once again supported by full stadia and securing strong overseas broadcast deals.”
A total of 12 Premier League transfers on deadline day alone. Meanwhile, this took spending to the highest total since 2018’s £430m. As things appear, clubs seem to have recovered from the effects Covid had on finances.
Nearly £150m has been spent by the bottom five clubs i.e, Everton, Norwich, Newcastle, Watford, and Burnley. Last year the bottom five spent a total of £5m due to the COVID situation.
Europe’s other top four leagues combined spent nearly £317m, only £2m more than the Premier League and EFL combined.
Premier League January transfer major signings
Tottenham Hotspur signed two Juventus players Rodrigo Bentancur and Dejan Kulusevskifor approximately £24m. However, they sold midfielder Dele Alli to Frank Lampard’s Everton for a fee of up to £40m and loaned out three players.
Record signing Tanguy Ndombele (Lyon), Bryan Gil (Valencia) and Giovani lo Celso (Villarreal) have all left temporarily.
Pierre-Emerick Aubameyang left Arsenal for Barcelona on a free transfer while Calum Chambers left for Aston Villa.
Newcastle had already sealed a deal for midfielder Bruno Guimaraes for £35m, striker Chris Wood for £25m and right-back Kieran Trippier for £12m. Moreover, the Magpies signed Dan Burn for £13m and Matt Targett on loan to end an impressive month of recruitment.
Manchester City signed River Plate striker Julian Alvarez for £14.1m. However, he will go back on loan to the Argentine club until the summer.
Burnley signed striker Wout Weghorst from Wolfsburg for £12m. Meanwhile, Crystal Palace signed two strikers – Jean-Philippe Mateta for £9m and Luke Plange.
Brighton signed Royale Union Saint-Gilloise forward Deniz Undav for a reported £6m. Meanwhile, Brentford made the first signing of the day when they recruited Denmark midfielder, Christian Eriksen, on a free transfer.
Liverpool signed the biggest deal in England the day before deadline day, in the form of Luis Diaz joining in a deal worth £37.5m.
Wolves made the loan signing of RB Leipzig forward Hwang Hee-chan permanent for £14m.
Villa signed Barcelona’s Philippe Coutinho on loan. Meanwhile Adama Traore, Anthony Martial, and Amad Diallo all left the Premier League on temporary deals.