Premier League clubs have splurged a record 1.95bn pounds ($2.45bn) on players in the summer transfer window, with spending expected to exceed 2bn pounds, according to analysis from Deloitte published Friday.
The transfer window, which opened on June 14, has already exceeded last year's record 1.92bn pounds with a week remaining until the Friday deadline, Deloitte's Sports Business Group said.
Two transfers have been for more than 100m pounds each, with midfielders Moises Caicedo joining Chelsea and Declan Rice signing for Arsenal, compared to none last summer.
Chelsea, who have signed nine players so far, spent more than $1bn in transfer fees since the new ownership led by Todd Boehly and Clearlake Capital completed their takeover of the club in May 2022.
Champions Manchester City signed winger Jeremy Doku for a reported 55m pounds this week, having brought in defender Josko Gvardiol for 90m euros ($97m) and midfielder Mateo Kovacic for 25m pounds earlier.
Manchester United splashed out 72m pounds on striker Rasmus Hojlund, while last year's runners-up Arsenal spent 65m pounds on forward Kai Havertz.
Newcastle United, who finished fourth last season, brought in midfielder Sandro Tonali for 55m pounds and winger Harvey Barnes for 38m pounds.
