Premier League clubs' spending reaches £1bn this season

Newcastle have spent more than any other Premier League club in the January transfer window so far

Premier League clubs have spent more than £1bn on transfers in a season for the first time, new figures reveal.

A record £965m was spent in 2014-15, but that figure has already been beaten, with clubs having until 23:00 GMT on Monday to sign further players.
The 20 clubs have already spent £130m in the January transfer window alone, with Newcastle spending £29m.

They have signed Jonjo Shelvey, Andros Townsend and Henri Saivet, and bid £21m for West Brom striker Saido Berahino.

Dan Jones, partner in the Sports Business Group at Deloitte, said: "We've seen Premier League clubs again use the January window to invest significantly in playing talent.
"With a day left, the total gross spending this season has already reached £1bn for the first time.                    

 

Premier League spending since 2003-04
Season	Summer transfer window	January transfer window	Total
*2015-16 January transfer window figures as at 09:00 GMT on 1 February. credit bbc.co.uk
2003-04	£215m	£50m	£265m
2004-05	£215m	£50m	£265m
2005-06	£235m	£70m	£305m
2006-07	£260m	£60m	£320m
2007-08	£470m	£175m	£645m
2008-09	£500m	£170m	£670m
2009-10	£450m	£30m	£480m
2010-11	£365m	£225m	£590m
2011-12	£485m	£60m	£545m
2012-13	£490m	£120m	£610m
2013-14	£630m	£130m	£760m
2014-15	£835m	£130m	£965m
2015-16	£870m	£130m so far	£1bn so far