Premier League Spending Reaches Record £1.165bn on Deadline Day

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Transfer window closes with some staggering deals we have seen on the deadline day including Jack Wilshere loan move to AFC Bournemouth from Arsenal and Moussa Sissoko ditched Everton for £30 million move for Tottenham.

Premier League clubs spend more than £155 million on transfer deadline day, which means the summer window outlay reached a record staggering £1.165bn.
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Premier League elite clubs had spend a combined £1.005bn, shattering last year's record of £870 million.

Thirteen Premier League clubs broke their own transfer records.

Television deals for the Premier League club has been a big boost in terms of their finances are concerned as all the 20 clubs in the Premier League have benefited from a record £5.1bn television deal which came into effect this season.
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The average gross spend for a Premier League club in the 2016 summer transfer window was about £60 million.

The spending of £155 million by Premier League clubs on the deadline day broke the previous record of £140 million set during the 2013 summer transfer window.
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The top four Premier League clubs of the last season 2015/16 who are now competing in this years Champions League, Arsenal, Leicester City, Tottenham Hotspur and Manchester City had a combined transfer spend of about £385 million, representing a third of the aggregate gross transfer spend by the Premier League clubs.
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