From BBC Sport · · 50s
Uefa warns of transfer market two-speed system
Uefa reports Premier League clubs spent €4.6bn on transfers this summer, more than eight European countries combined, creating a two-speed market.
In brief
Uefa reports Premier League clubs spent €4.6bn on transfers this summer, more than eight European countries combined, creating a two-speed market. Premier League clubs' transfer spending now exceeds 56% of annual revenue, far above the pre-pandemic average of 33%. Originally reported by BBC Sport.
Uefa's warning
Uefa reports Premier League clubs spent €4.6bn on transfers this summer, more than eight European countries combined.
“Transfer values continue to rise sharply, particularly in the English market, increasing future pressure on club financial results”
Spending gap
Premier League clubs paid €24m per player on average, while other leagues paid €4m to €5m per player.
Financial strain
Premier League clubs spent 56% of annual revenue on transfers, up from 33% in the pre-pandemic decade.
Internal deals
English clubs made 44% more big-value transfers between themselves, totaling €1.55bn this year.
Academy sales
European clubs earned €6.8bn from selling academy players, up €655m from last year.
The main idea
Premier League clubs' transfer spending now exceeds 56% of annual revenue, far above the pre-pandemic average of 33%.
