Premier League spending hit £1.165 billion after deadline day - Deloitte
Deals on transfer deadline day took Premier League spending to a record £1.165 billion ($1.53bn), according to a BBC report using figures from Deloitte.
Wednesday saw a number of moves made before the close of the transfer window, with Chelsea among the big spenders as they re-signed defender David Luiz from Paris Saint-Germain for a reported £35 million ($46.02m).
Chelsea also signed left-back Marcos Alonso from Fiorentina in a deal reportedly worth £23m ($30.24m), while Tottenham Hotspur completed a late move for Moussa Sissoko from Newcastle United for £30m ($39.44m).
Premier League champions Leicester City, meanwhile, brought in Algeria striker Islam Slimani from Sporting Lisbon, with sources close to the club telling ESPN FC the fee for the 28-year-old was €35 million, a club record for the Foxes.
The moves saw Premier League sides spend more than £155m ($203.76m) on deadline day, adding to the £1bn ($1.3bn) spent already -- with 13 teams breaking their transfer records -- which made it the fourth successive summer that a new record had been set for top-flight spending in England.
In 2015, the Premier League announced a 70 percent increase in the value of its British television rights for the 2016-19 seasons with Sky and BT paying a combined £5.136bn ($7.8bn) to show games.
That agreement has swelled the money available for clubs to spend, with Manchester United's signing of Paul Pogba from Juventus for £89.3m ($117.41m) setting a new world record.
"As has been the case for a number of years now, the increases in broadcast revenue, with the 2016-17 season being the first of the new broadcast deal cycle, is the principal driver of this spending power," Dan Jones, a partner at financial analyst Deloitte, said.
Bundesliga clubs, meanwhile, spent a record €548m (£461m) this summer and Serie A clubs also broke their national spending record, racking up €708m (£594m) in transfer costs, while club's in Spain's La Liga spent €492.2 million (£413.89m) on signings in the summer transfer window, according to figures reported by AS.
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