The January transfer window for the Premier League 2022-2023 has officially ended, get to know all the details like net spend of clubs, player sales, and record-breaking spendings
This year’s January transfer window saw a huge £815 million in total spent by the 20 Premier League clubs.
Premier League clubs net spend this 2022-23 season
Premier League Clubs Net Spend 2022/23 pic.twitter.com/TB7SDxEdhx
— Total Football (@TotalFootbol) February 2, 2023
EPL is way ahead of rest of Europe league.
– £815m winter transfer spend
– £275m January deadline spend
– £2.8bn on transfers this season
– Net transfer spend is £1.8bn, compared to £120m of the other ‘big five’ leagues.https://t.co/hwfZVcHKl9— Meedah’s Stan (@Abdul_gafarS) February 1, 2023
Chelsea are the top club to have spent the most money this season compared to any other Premier League club.
Record-breaking spendings
The 20 Premier clubs spent a total of £815 million this January transfer. In fact, the total spending of deadline day alone was over £275 million, beating the previous deadline record of £150 million, set in 2018.
Add this amount to the record expenditure of £1.9 billion earlier in the summer transfer window, and it comes to a whopping £2.8 billion for the entire 2022/23 season smashing the spendings records of the Premier League.
Unsurprisingly, the Premier League accounted for 79% of the total spendings across the top five leagues in Europe this January. To make things more clear, Premier League side Chelsea’s total spending expenditure of £288 million was more than the combined total of all clubs in the Bundesliga, La Liga, Serie A, and Ligue 1.
January transfer window net spend and player sales
Chelsea tops the list of net spends this transfer window with a total net spend of £548.7 million. Manchester United come in second place with a net spend of almost £200 million. A surprising name Nottingham Forest, come in third place after spending £190.59 million with a total of 28 players signed in total this season.
Despite currently fighting to avoid relegation, West Ham have the fourth highest net spend at around £173.85 million. Newcastle, who are currently the richest football club in world ranked with a net spend of £169.80 million.
The rest of the top 10 clubs in terms of net spend are Southampton (£147.15m), Arsenal (£146.96m), Tottenham (£145.50m), Bournemouth (£75.45m) and Wolves (£69.35m).
Interestingly, at the other end are four clubs who actually managed to make a profit in sales this season. Brighton have a net spent of -£105.60m following sales of players like Marc Cucurella, Yves Bissouma and Leandro Trossard.
Man City on the other hand made a profit of £62.76 million from selling the likes of Raheem Sterling, Gabriel Jesus and Oleksandr Zinchenko. Leicester also managed to make a profit of £23.5 million after selling Wesley Fofana last summer. Meanwhile Everton also made a profit of a little over £18 million after selling Anthony Gordon to Newcastle.
Premier League record-breaking spendings
Tim Bridge, who is the lead partner in Deloitte’s Sports Business Group, stated:
The record spending by Premier League clubs this season is beyond anything that we’ve seen before.
Premier League clubs have outspent those within the rest of Europe’s ‘big five’ leagues by almost four to one in this transfer window, allowing them to hold on to their key players, while attracting top-talent from overseas.
Bridge also shared his concern about the results of the transfer season regarding the decline in spending across the English football system. He stated that this could become a growing concern for the EFL members and also instigate further debates surrounding even distribution of finances among clubs.