Premier League clubs splash the cash

(AP Photo/Alastair Grant)

LONDON (AP) English Premier League clubs spent a record 835 million pounds ($1.38 billion) on players during the summer transfer window, almost twice as much as any of Europe's other top leagues.

A study by football finance expert Deloitte showed gross spending in England's top league was up more than 30 percent on the previous record of 630 million pounds (now $1.04 billion) set in 2013.

Spanish clubs were the second-highest spenders of the so-called "big five" divisions in Europe, with an outlay of 425 million pounds ($700 million), Deloitte said. Italian clubs were next highest on 260 million pounds ($430 million). Germany spent 250 million pounds ($410 million) and France 100 million pounds ($165 million).


© Copyright 2014 by STATS LLC. Any Commercial use or distribution without the express written consent of STATS LLC is strictly prohibited.