The Premier League’s summer spending of £2.36billion demonstrates the “incredible pace of growth” in the league’s wealth, according to finance company Deloitte.
The £2bn milestone was surpassed for the first time in advance of Friday’s deadline with moves such as Manchester City’s £53million capture of Wolves’ Matheus Nunes then driving the total to new heights.
Calum Ross, assistant director in Deloitte’s Sports Business Group, told the PA news agency: “It took 14 summer transfer windows to exceed £1bn and it’s only taken seven more to surpass £2bn, so that just reflects the incredible pace of growth that we’re seeing.”
Deloitte’s analysis showed the 2023 summer transfer window exceeded the previous record of £1.92bn, set only last summer, by almost £440m.
Chelsea’s spending under Todd Boehly’s ownership group has continued with the £100m signing of midfielder Moises Caicedo from Brighton, £63m for forward Christopher Nkunku and Friday’s £40m capture of Cole Palmer from Manchester City.
With Newcastle beating the Blues, Tottenham and Liverpool to a place in this season’s Champions League and Brighton – who pulled off a deadline-day coup with a loan deal for Barcelona star Ansu Fati – also challenging, there are as many as eight teams with realistic top-four ambitions.
Arsenal signed West Ham captain Declan Rice for a similar fee to that for Caicedo and Manchester City spent £77m on Croatia defender Josko Gvardiol, while Spurs’ £47.5m move for Nottingham Forest forward Brennan Johnson was another standout move on deadline day.
Ross said: “You’ve got that intensity of competition across the league. There are 10 clubs that have spent more than £100m so it’s not all those top clubs.
“I think at the moment, more than half of the clubs have spent more than they did last season.”
England’s top flight has spent almost as much as the other members of Europe’s ‘big five’ leagues – LaLiga in Spain, Italy’s Serie A, the French Ligue 1 and Germany’s Bundesliga – combined this summer.
But a new challenge has emerged with the Saudi Pro League attracting the likes of Neymar, Karim Benzema and Riyad Mahrez to follow Cristiano Ronaldo’s January move to Al Nassr.
The fees and wages on offer in Saudi Arabia are eye-watering with Liverpool rejecting a £150m deadline-day bid from Al-Ittihad for attacking talisman Mohamed Salah.
Ross said: “This is the first time since the summer window of 2016 that one of the big five leagues, LaLiga, doesn’t appear in the top five spenders globally. The Saudi Pro League’s replaced them, I think they’re the second highest at the moment with over 850million euros (£728m).
“Also it’s another source of funding though – I think almost half of the transfer fees received by Premier League clubs came from the Saudi Pro League. So having that extra funding from Saudi Pro League clubs and other overseas markets is then providing them with additional funds to redistribute to their transfer targets.”
The Saudi window remains open until next Thursday and while clubs could be reluctant to sell with no opportunity to replace departed talent, Ross said: “There is still a chance over the next week or so that we will see further outgoings.
“Being able to operate in a financially sustainable manner, as well as complying with the relevant financial regulations, is a key part of their activity.
“It’s balancing that need for financial sustainability and profitability with the desire for on-pitch success.”
Nashville SC v Atlanta United: Long-time coach Smith departs in shock move
Gary Smith has left Nashville SC, with the team confirming they have parted company with their long-serving head coach.
Nashville beat Toronto FC on Wednesday, moving up to 10th in the Eastern Conference.
Yet on Thursday, the team confirmed they had decided to part ways with Smith, who had been in charge for seven seasons.
Smith won 52 MLS games during his spell in charge, while also leading Nashville to the Leagues Cup final in 2023.
Nashville face Atlanta United on Saturday, with ex-player and now player development coach Rumba Munthali stepping in as interim head coach.
No reason was provided for Smith's departure. He has been joined in leaving the club by assistant coach Steve Guppy.
A Nashville statement read: "Nashville SC extends its gratitude to Smith and Guppy for their dedication and contributions to our team and wishes them and their families all the best in their future endeavours.
"Under Smith's leadership, Nashville SC emerged as a very organised and hard-to-beat team in both leagues.
"In the USL Championship, Smith guided the team to a 32-win record over two seasons, including two playoff appearances and a second-place finish in the Eastern Conference in 2019.
"His transition to MLS with the club was seamless, leading Nashville to four consecutive MLS Cup playoff appearances, a feat only achieved by two other teams in the league's history."
PLAYERS TO WATCH
Nashville SC - Hany Mukhtar
Mukhtar has scored five goals in nine career regular-season matches against Atlanta. Only Luciano Acosta (nine goals in 17 games) has scored more times against the Five Stripes.
Atlanta United - Thiago Almada
Almada has scored in all three of his career MLS matches against Nashville. No player has ever scored in four consecutive regular-season meetings versus Nashville, though Daryl Dike did score in four straight for Orlando City, including playoff games.
MATCH PREDICTION: NASHVILLE WIN
Despite Smith's departure, Opta's model still predicts a positive outcome for Nashville.
Atlanta are winless in 11 straight MLS away matches (D5 L6 incl. playoffs) dating back to last September. It is the longest active road winless run in MLS.
Nashville have won two straight home matches, their first regular-season home winning streak since a run of six straight last April-July. They managed just two wins in 12 home league games between the two streaks (D6 L4).
Atlanta's 4-0 home win over Nashville last August ended a seven-match winless run for them in the series (D3 L4). Atlanta won their first visit to Nashville, 2-1, in the latter's inaugural match in March 2020, but the Five Stripes are winless in five visits in all competitions since (D2 L3).
OPTA WIN PROBABILITY
Nashville SC - 46.2%
Atlanta United - 25.5%
Draw - 28.3%
FC Cincinnati v St. Louis City: Noonan looking for improved performance despite Atlanta win
Despite watching his side beat Atlanta United in midweek, FC Cincinnati head coach Pat Noonan still wants more from his side when they host St. Louis City this weekend.
Kevin Kelsy's seventh-minute strike was enough to earn Cincinnati a 1-0 win over Atlanta to make it five straight MLS victories.
Cincinnati currently sit second in the Eastern Conference, but Noonan is still demanding more from his side than Wednesday's performance.
"I wouldn't say 'negatives' but [there are] things we could have done better, and here we are with the guys keeping a clean sheet and winning the game," Noonan told reporters.
"They deserve credit and to be proud of the fact that they're still walking off the field with a win tonight."
St. Louis saw a five-game unbeaten streak end as they lost 2-0 to Los Angeles FC in midweek.
The defeat leaves St. Louis ninth in the Western Conference, though they are just three points off sixth-placed Austin FC.
Bradley Carnell is looking to get players back fit and raring to go for the visit to Cincinnati at the weekend, saying: "It's about how we manage over the next couple of days to get a solid, fit line-up for Cincinnati.
"We don't have much time to sit and dwell, and we have to be brave and positive to head to Cincinnati."
PLAYERS TO WATCH
FC Cincinnati – Kevin Kelsy
In his first MLS start, Kelsy scored Cincinnati's lone goal on Wednesday. The 19-year-old has scored in consecutive games, making him the first teenager to score multiple MLS goals for Cincinnati, and if he gets the nod from the off again here, he will once more hope to mark it with a goal.
St. Louis City – Joao Klauss
Having netted four in his previous four games, Klauss drew a blank against LAFC as St. Louis slumped to defeat. He is clearly a key man in St. Louis' attack, and he will hope to get back among the goals this weekend, and with a win too.
MATCH PREDICTION – CINCINNATI WIN
St. Louis beat Cincinnati 5-1 in the lone previous meeting between the sides last April. The four-goal margin is Cincinnati’s largest defeat since the start of last season and equals St. Louis' largest ever margin of victory.
But St. Louis are winless in eight straight away matches in all competitions (four draws, four defeats). St. Louis have won three of their last 23 on the road after winning the first three away matches in club history.
Cincinnati have won five straight regular season matches with all five wins coming by one-goal margins, the first team to do so since the Red Bulls in 2012, and though it may be a tight game again this weekend, the hosts will fancy their chances of coming out on the right side of the result and collecting another three points.
OPTA WIN PROBABILITY
Cincinnati: 44.3%
St. Louis: 28.2%
Draw: 27.5%
Klopp jokes he 'doesn't like Maddison' after failing to block Kompany winner
Jurgen Klopp has joked he doesn't like James Maddison after the midfielder's failure to block Vincent Kompany's long-range winner in the 2018-19 season.
With the title race that campaign nearing its conclusion, Manchester City and Liverpool were going toe-to-toe at the Premier League summit.
City faced Leicester City in their penultimate game, and with the contest 0-0 with 20 minutes left, the ball sat up for Kompany to shoot from range with Maddison in the vicinity.
Maddison failed to block the effort, and Kompany's drive flew into the top corner before City ultimately went on to claim the title.
Klopp has joked that he now feels differently about Maddison following that incident, telling The Redmen TV: "The moment when Vinny Kompany fires the ball, I'm really happy I didn't get a stroke because that's how it must feel.
"I was watching thinking, 'Maddison, block him, close him down!'
"And since then, I don't like Maddison! I was also angry with Brendan [Rodgers, then Leicester manager] that day, because he should have taken him off, he was tired.
"It's a personal thing. Of course, I have no problem."
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