Premier League clubs have recorded a transfer window with profit for the first time ever, despite spending reaching a six-year January high of £215 million.
Top-flight sides brought in £40 million more than they paid out, with several players moving to the Chinese Super League.
— Premier League (@premierleague) January 31, 2017
Clubs at the bottom half of the division made late moves in the market as Southampton F.C and Burnley F.C made late deadline-day deals for Manolo Gabbiadini and Robbie Brady respectivley, while Odion Ighalo moved from Watford F.C to China for £20 million.
The Saints reportedly paid £14 million for the services of S.S.C Napoli’s striker Manolo Gabbiadini and the The Clarets signed Norwich City’s winger Robbie Brady, for a fee that could rising up to £13 million with add-on’s.
— Premier League (@premierleague) February 1, 2017
Elsewhere Mamadou Sakho’s loan move from Liverpool to Crystal Palace F.C is one of the most eye-catching transfer deadline day signings. His transfer was confirmed on their twitter page last night.
— Crystal Palace F.C. (@CPFC) February 1, 2017
Premier League teams have spent a record £1.38 billion on transfers in the 2016-17 season, after a summer spend of £1.165 billion.
Spending in January 2017 is the second highest expenditure in history for Premier League Clubs.
While the transfer window is now closed for the major European leagues, there could still be some big name departures as the Chinese Super League has until their official deadline of the 28th February.