Premier League transfer spend drops £200m to £1.23bn, after 10-year growth bubble

money

By Paul Nicholson and Andrew Warshaw

August 10 – The amount spent in the summer transfer window by English Premier League clubs has fallen for the first time in eight years. Clubs spent £1.23 billion in the window that closed yesterday, a drop of £200 million, but still £180 million up on the net expenditure record of £685 million in summer 2016, according to Deloitte figures.

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Out of ammo? Usmanov now looks ready to sell 30% Gunners stake

Alisher Usmanov

July 25 – The on-going shareholder battles at Premier League Arsenal have taken a new turn with Russian billionaire Alisher Usmanov (pictured), who has repeatedly failed in his attempts to increase his 30% stake in the club, now apparently putting his holding on the sales block to anyone but rival American shareholder Stan Kroenke.

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