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The spending power of the Premier league clubs has been always on the up. It is a case this time around as well after the clubs in the Premier league have spent close to £ 400 million, which is a feature that could rise to about £ 500 million considering that there is still one more day left in the transfer window.

Premier league clubs have been extremely active in this transfer window with Manchester United and Chelsea being the major contributors towards the overall figure. Chelsea have spent close to £ 80 million in bringing in new attacking talent, while Manchester United have spent around £ 50 million looking to retain the title from Manchester city.

In the last few seasons, Manchester city have been the biggest spenders in the Premier league. However, they have had a relatively quiet summer after Roberto Mancini has seen a number of high-profile players like Eden Hazard and Robin van Persie deciding to join other clubs instead. Even the likes of Tottenham and Arsenal have also contributed to the swelling figure. Tottenham have brought in the Fulham midfielder Mousa Dembele for £15 million, while Arsenal have brought in strikers for £ 25 million.

“As the final day of the transfer window gets under way, we expect to see Premier League clubs being very active again. While spending in this transfer window looks set to be close to record levels, this should be considered in the context of increases of over 70% in the Premier League domestic broadcast deals announced earlier this year. Once overseas broadcast deals are factored in, the average Premier League club looks set to benefit from at least an additional £25m of revenue per year from next season,” said the Deloitte’s Sports Business Group consultant, Dan Jones in a recent interview.