Summer Transfer Deficit for the Summer League Skyrockets for Sixth Year

 The Premier League summer football transfer spending clubs in England is now at a record £1 billion spent for a single window for the first time.

Most people are wonder why as they sit from their televisions but believe it or not, the reason for this mass spending is due to a £5 billion television deal over the span of a 3- year contract which goes into affect this coming season.

In result of this £5 billion television deal, it is expected to bring in over £30 million for each club and over and £50 million from the Premier League for 2016-2017.

Another reason for all this mass spending would be that there are a number of new supervisors at Chelsea, Manchester United and Manchester City, also including Liverpool.

Other reasons said for the major spending, Mr. Jones said: “In addition, the fact we have just finished out of a major tournament, Euro 2016 in France, also means that an increasing amount of players will have been in the ‘retail store window’ to attract the attentions of Premier League clubs with funds to spend.”

As for the fans of the Premier League, they are still striving and are growing. Among the huge advertising budget the organizations are pouring into these clubs and events to get new fans aboard as well as keep the others updated, fans are still rooting for their teams. Most fans have been keeping a close eye on the Premier League odds that the fans love to follow and bet on there favorite matches. Most have had great success and fun viewing how their teams are performing and such.

With all these large deals in the process, being made this season. We are sure to see a few more come to the table before this season ends. For example, take other transfer deals in consideration such as the signing of former Manchester United’s Paul Pogba, which was over £89 million. Overall, the increase of spending is guaranteed for the coming seasons, being that when they spend large amounts, a large return is recorded.