Premier League spending hits £1billion for season

Transfer spending by Premier League clubs this season has surpassed the £1billion mark for the first time, according to Deloitte.
It may have been a quiet start to deadline day on Monday, but total spending in the whole of the 2015-16 campaign has already reached an eye-watering amount.
Deloitte estimates that £130million has been spent so far in the January transfer window, which takes the total sum for the season beyond £1billion for the first time in history.
Dan Jones, partner in the Sports Business Group at Deloitte, said: “We’ve seen Premier League clubs again use the January window to invest significantly in playing talent. With a day left, the total gross spending this season has already reached £1bn for the first time.”

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