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Premier League clubs spent a record £815 million ($1 billion) in a frantic January transfer window -- nearly double the previous highest figure, according to sports finance experts Deloitte.
RIYADH: Al Nassr's surprise capture of football superstar Cristiano Ronaldo is the latest in a string of high-profile sports acquisitions by oil-rich Saudi Arabia.
Manchester United’s football director John Murtough insists the level of spending seen this summer will not be repeated by the club after the wage bill hit record levels.
Barcelona's summer asset sale allowed them to lift their salary cap from minus 144.3 million euros ($144.8 million)in March to a positive balance of 656.4 million by September, La Liga reported Friday.
MADRID: Barcelona’s summer asset sale allowed them to lift their salary cap from minus 144.3 million euros ($144.8 million) in March to a positive balance of 656.4 million by September, La Liga reported Friday. The Spanish league made public the salary limits available to teams after the summer transfer window. The figures reveal the complete transformation of Barcelona’s finances and the huge divide between the richest clubs and the rest.
Newcastle plotting January deals The Mirror is reporting that after splashing out on Matt Targett, Nick Pope, Sven Botman and Alexander Isak, Newcastle United are considering where to look in January. The club did not want to be held to ransom so kept their powder dry, but will now look to act in winter as they want to bolster their squad under current manager Eddie Howe.
Arsenal — B+ After missing out on the Champions League last season there might have been reason for Arsenal to consider how much money they wanted to commit to another year of Mikel Arteta. Thankfully for the Spaniard, they saw enough to continue to back him and they have delivered an impressive collection of new players.
Premier League clubs shattered their single-season spending record during an incredible £1.9 billion ($2.1 billion) spree during the summer window.