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Saudi Pro League Clubs Spent $957 Million in Football Transfer Window

September 8, 2023
Saudi Pro League Clubs Spent $957 Million in Football Transfer Window
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The Saudi Pro League (SPL) clubs spent $957 million in the 2023 summer transfer window, according to Deloitte’s Sports Business Group.

The transitions resulted in a net spend of $907 million, marking the second to the Premier League’s net transfer spend ($1.39 billion).

Gross transfer spending across Europe’s ‘big five’ leagues hit $6.10 billion in this summer’s window, higher by nearly $1.25 billion on last summer’s total ($4.85 billion).

Meanwhile, the gross spend increased to the previous summer in all the ‘big five’ leagues except La Liga.

Almost half of the transfer fees received by Premier League clubs from overseas valued at $698 million came from Saudi Pro League clubs.

Two Premier League clubs, Fulham and Liverpool, saw 100% of their transfer receipts come from Saudi Pro League clubs.

Across the rest of Europe, receipts from Saudi Pro League clubs were at $148 million, $122 million, $116 million, and $32 million in Ligue 1, Serie A, La Liga and Bundesliga, respectively.

Izzy Wray, Deloitte’s Sports Business Group, said the caliber of players signed by Saudi Pro League clubs aligns with the Kingdom’s commitment to “propelling the SPL to become a leading football league on the world stage.”

Wray added: “The futuristic view is also reflected by the lowered average age of the league compared to last season.”

She highlighted that European football continues to be the benchmark for the game globally.

The Saudi investment in the game will divert its focus towards the infrastructure. This aims to elevate the level of Asian football.

She concluded that the Kingdom’s privatization program is likely to draw a wave of interest around the SPL, fueling the current spending pattern for the windows to come.

“With the spending power of the SPL already surpassing some of Europe’s ‘big five’, it remains to be seen the impact this will have on the make-up of elite football for future generations.”

Tags: Saudi Pro League
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