Man Utd lead record Premier League summ spend of over €1 billion

Louis van Gaal splashed out a total of €200 million
on seven players, including a British-record fee for
Angel Di Maria, as 2014 saw a huge increase in
clubs' outlays
Deadline day saw the Premier League reach a record €1
billion spend on transfers this summer.
The huge numbers were led by Manchester United, whose
huge outlay of €200 million on seven players was the
highest single-window spend yet by a British club.
It included a €75m deal to recruit winger Angel Di Maria
from Real Madrid, the highest fee ever spent by any British
team, and a late loan deal for Monaco's Radamel Falcao .
The Colombia international sealed a sensational switch to
Old Trafford after a long summer of intense interest from th
likes of Carlo Ancelotti's Champions League winners and
Premier League holders Manchester City.
According to analysis from Deloitte’s Sports Business
Group, summer spending is up by almost €250m on 2013's
total of €796m, which was at the time €164m higher than
ever before.
"This summer transfer window is one of records," said Dan
Jones, a partner in the Sports Business Group.
"There are a number of factors contributing to this
summer's spend, including the showcase for global talent a
World Cup provides. However, one of the main drivers of
Premier League spending continues to be the increased
resources clubs now have as a result of improved broadcas
deals.
"Last season the average Premier League club received
around €31.6m more in central broadcast distributions than
they did in 2012-13, which helped fuel a record transfer
window last summer. We are again seeing Premier League
clubs use these resources to contribute to what is a new
record this summer."

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