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Tuesday briefing: Premier League transfer spending sees significant decrease

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IMAGO

Amanda Staveley targets 25% stake in Tottenham

27 August 2024 - 4:30 AM

Premier League clubs have significantly reduced their spending in the current transfer window, with expenditures down by £800 million compared to last summer's record of £2.3 billion.

As reported by the BBC, with the deadline approaching, clubs have so far spent £1.5 billion, and the total spending for 2024 is also lower at £1.6 billion compared to £3.1 billion in 2023.

The decrease in spending has been attributed to compliance with profit and sustainability rules (PSR), which r

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