Premier League Increase Transfer Spending That May Breach Fair Play Regulations in the Future

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The transfer window for the Barclays Premier League made clubs spent a estimated total of £485 ($786m) million in the summer window a 33% increase from last year but has the spending made clubs forget the importance of the FIFA fair play regulations?

Deloitte stated that England’s 20 top-flight clubs spent £120 ($194.6m) million more than in the corresponding window in 2010 after the 2011 summer window shut yesterday evening. Arsenal, Chelsea, Liverpool, Manchester City and Manchester United each spent more than £50 million on transfers this summer, with these five clubs responsible for about two-thirds of the Premier League’s total transfer outlay.

Dan Jones, Deloitte Sports Business Group partner, said: “This summer’s spending is largely focused amongst the top end Premier League clubs most strongly competing for domestic and European success and the consequent financial rewards.”

The Net spending is expected to about £10m ($16.2m) for most clubs in the Premier League.

But Micheal Cunnah, Isportconnect Advisory Board member, believes that continued investment like this is not feasable as the fair play rules will be implemented in 2013/14 season. He is especially critical of Chelsea, Manchester City, Manchester United and Stoke City.

“Chelsea, Manchester United, Manchester City and Stoke City all made big net investments in their playing squads. All are in UEFA competitions and so how is this continued level of investment going to affect their chances of staying within the UEFA financial fair play rules?” he asked on the discussion page on the Isportconnect website.

Financial fair play requires the clubs to break even- clubs must not spend more than they generate over a period of time.

To follow this discussion click here