Premier League's January net spend more than double that of last year
1 February 2020
While the level of spending exceeded that of last year's January transfer window by just around £15 million, clubs sold players for a significantly smaller amount than they did last year.
Clubs are not prepared to sign players "at any cost," according to a football finance expert.
The average price per player rose by 12 per cent.
Premier League clubs' purchase power fell again this transfer window as player prices rose, while the level of spending also exceeded that of last year.
Transfer costs are rising globally and last month a FIFA report showed total transfer spending reached $7.35 billion in 2019, an all-time high. It also showed English clubs continue to be the biggest spenders with a net balance of negative $549.9 million for the same year.
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