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Premier League Sets New Transfer Record at £2.37bn With 10 Days to Go

A new £6.7bn domestic TV rights cycle is powering the spending.

Overview

  • Leeds United’s £18m signing of Noah Okafor from AC Milan pushed the total beyond the previous 2023 mark of £2.36bn.
  • Aggregate outlay now exceeds the combined spending of Serie A, Bundesliga, Ligue 1 and LaLiga, according to compiled transfer data.
  • Six clubs have broken their individual transfer records, led by Liverpool’s £100m fee plus £16m in add-ons for Florian Wirtz.
  • Projections suggest the total could approach £3bn before the 1 September deadline, with additional big-money moves reported as possible, including a potential deal for Eberechi Eze.
  • The surge is being linked to the first season of a four-year domestic TV deal worth £6.7bn, with around £1bn in reported player sales helping fund reinvestment.