Transfer madness sees Premier League spending top €1 billion

DONE DEAL: Error-prone defender David Luiz has resigned for Chelsea.

PREMIER LEAGUE clubs spent a ludicrous €1.3 billion during the summer transfer window, which finally closed on August 31.

The incredible sum was trumpeted proudly by Sky, as if it is something to admire, while thirteen clubs broke their previous transfer records.

On deadline day itself the most surprising transfer was perhaps the return of Brazilian bumbler David Luiz, who re-signed for Chelsea from Paris St. German for a fee of around €40 million.

He will be joined at Stamford Bridge by ex-Bolton defender Marcos Alonso, the Spanish left back signing from Fiorentina for a reported €27 million.

A total of seven players left Manchester City on loan, as Samir Nasri and Eliquim Mangala signed season-long loan deals with Sevilla and Valencia, respectively.

England goalkeeper Joe Hart has joined Italian side Torino, while striker Wilfried Bony linked up with Mark Hughes’ Stoke side.

Tottenham Hotspur were among the biggest spenders, as they beat Everton to €36 million Newcastle midfielder Moussa Sissoko and finally confirmed the €13 million signing of  Marseille winger Georges-Kevin Nkoudou.

Champions Leicester smashed their transfer record as they added Algerian striker Islam Slimani from Sporting Lisbon for a fee approaching €35 million, while Sunderland also reached new heights by nabbing Lorient midfielder Didier Ndong for a cool €16 million.

Unwanted Liverpool striker Mario Balotelli was offloaded to Nice on a free transfer just two years after joining the Anfield outfit for €19 million.

Arsenal loaned Jack Wilshere to Bournemouth, Callum Chambers to Middlesbrough, while Serge Gnabry signed permanently for Werder Bremen, and a host of other loan deals included West Ham’s Enner Valencia join Everton and Dynamo Kiev’s Dieumerci Mbokani link up with Watford.

Free agents Alvaro Arbeloa and Hal Robson-Kanu signed for West Ham and West Brom, respectively.

There were a host of other deals during the course of the day, while spending in the Championship also exceeded anything seen previously, as relegated pair Newcastle United and Aston Villa forked out more than €130 million between them.

The Championship was the fifth-biggest spending league in Europe, usurping France’s Ligue 1, as the football bubble shows no sign of bursting.

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    • Geof

      01 September 2016 • 21:03

      Well, let’s face it, an obscene wage for footballers is only to be expected… Much better than feeding the starving millions, of whom are mostly children. I child does of starvation every 4 SECONDS. Yeah, let’s give it to footballers who need it more.


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