We have many Europe’s wealthiest clubs competing in Premier League, and according to the recent study by CIES Football Observatory, transfer spending by those clubs could lead to further domination by those at the top if left unchecked.
The March reports takes into account the spending in the five major European leagues, including England, Spain, Germany, Italy and France. It examines the transfer window during 2009-10 season; and reports that Europe’s wealthiest clubs are spending more than ever before.
Most fantastic number revealed on the transfer business of the 98 “big-five league teams which spent €6.9 billion on signing recruit players present in their 2009-10 squads. It was equating to an average spend of €70.4 million. The number rose to €8.6 billion in 2014-2015, which means €87.7 million per club. And the average is increasing for 24.5%.
In particular, we can see the Premier League an increase in spending of 41.1 percent, with fees invested in player signings increasing from €2.43 to €3.43 billion between 2009 and 2014; or around €171 million per club. This competition placed the first rank of Europe clubs who spend extremely increased transfer costs.
The study reports that success costs more and more each years, with clubs which having ranked in the top three places in the 2009-10 seasons spending an average of €189 million in signing players, with this season’s number is €278 million. It shows significant increase of 47 percent, which never been higher before.
Furthermore, concerning the recurring condition, CIES warns that “a process of concentration of expenditure at the top of the pyramid is taking place.” The organization later suggest that reform is needed in order to prevent the phenomenon of increasing domination by the wealthiest clubs. CIES also propose a suggestion to give clubs a residual fee for players who once passed through; and the fee be based on the number of games that the player featured in for that club.
However, the study notes that the Premier League’s upcoming £5 billion British TV rights deal for the 2016-2019 seasons is likely to increase spending in England by even greater amounts, while also indicating that the “redistributive power of the transfer market is limited.”
The “big-five” league clubs are still spending most heavily on signing forward players, showing an average spend of €4 million per forward, though the biggest increase in relative terms indicate a 39 percent increase in spending on defensive midfielder.