London, Sep 1(ANI): The expense of the 20 clubs in the English Premier League in the summer transfer window came to 485 million pounds, according to a new report by business analysts Deloitte.
The transfer window closed at 23:00 BST on Wednesday.
The report also said that Arsenal, Chelsea, Liverpool, Manchester City and Manchester United each topped 50 million pounds of transfer spending this summer.
Deloitte's Dan Jones said the "significant" increase meant clubs were spending again at the level seen between 2007 and 2009.
"This summer's spending is largely focussed amongst the top end Premier League clubs most strongly competing for domestic and European success and the consequent financial rewards," the BBC quoted Jones, partner in the Sports Business Group at Deloitte, as saying. (ANI)
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