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Premier League spending not suffocating Europe, insists chief Sport Business Premier League chief executive Richard Masters has denied English clubs’ unprecedented spending in the summer transfer window is “suffocating” rival football leagues. The 20 Premier League clubs spent £3bn over the summer, smashing all records for a transfer window. Their net spend was £1.2bn. This splurge was led by Liverpool, who spent over £400m, while [...]
Premier League spending gap shows why rivals are plotting overseas games Sport Business It’s more than 10 years since Bernard Caiazzo, then the co-president of French club Saint-Etienne, called on Uefa to take steps to curb the rampant financial power of the Premier League. Caiazzo’s warning came after the English top division had just announced its latest record-breaking media rights deal, which he said could see it become [...]
Chelsea’s transfer window and what net spend says about your club Sport Business “Feel more confident about our transfer business than I have done since the fall of the Roman Empire,” wrote a Chelsea supporter friend of this column. Chelsea are of course a transfer outlier, churning a huge roster of players, deploying ultra-long contracts (and hence amortisation periods) and happy to break even in the market. How [...]