Premier League crushes rivals in January spending

The Associated PressFebruary 1, 2014
Premier League crushes rivals in January spending
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Manchester United's new signing Juan Mata, right, displays his new shirt alongside manager David Moyes before a press conference at the team's Carrington training ground, Manchester, England, Monday, Jan. 27, 2014. With Manchester United in danger of missing out on the Champions League next season, Juan Mata's arrival at Old Trafford for a club record fee of 37.1 million pounds ($61.2 million) is certainly an emergency move. But it also marks the first step in the rebuilding process of England's most titled club. After a botched transfer campaign last summer that was followed by the club's lackluster first half of the season, United now looks determined to allow manager David Moyes the opportunity to build his own team.(AP Photo/Jon Super)

LONDON (AP) -- English Premier League clubs were once again the biggest spenders in Europe in the January transfer window, splashing out around $213 million to break the record for the season.

Figures by soccer finance experts Deloitte released Saturday show that teams in England's top division had an outlay of $1.25 billion over the summer and January windows, shattering the previous record of $1.10 billion from the 2008-09 season.

The Premier League is midway through the first year of lucrative broadcasting deals.

France's top clubs were the second biggest spenders in Europe in January, according to Deloitte, with their total outlay around 40 percent of the Premier League.