ᑕ❶ᑐ Euro Leagues podcast: Premier League ‘almost funding’ European football

Euro Leagues Podcast: The Premier League
Chelsea spent €288m at the time of the January transfer window, not €107m on Enzo Fernandez. Their total expenditure was greater than that of France, Germany, Italy and Spain combined

The Premier League “almost finances” European (Site notre bureau spécialisé), La Liga, Serie A, the Bundesliga and Ligue 1 rise to become “feeder leagues”, but also French journalist Julien Laurens.

Premier League clubs spent €815m during the January transfer window.

This is more than four times the 198 million euros accumulated in Spain, Italy, Germany and France.

“At the moment the only league where you can afford to import who is the Premier League,” Laurens said.

  • Listen to the Euro Leagues podcast on BBC Radio 5 Live

Speaking on BBC Radio 5 Live’s Euro Leagues podcast, the French (Site notre bureau spécialisé) expert added: « Bournemouth have the capacity to spend €60m or €70m in a January transfer window. Other leagues can’t become feeder leagues for the Premier League, but right now that’s what it looks like.

« People who run French clubs rely on English clubs to spend 20 or 30 million euros to sign one of their players. If you have a young player who is not too bad in Ligue 1, someone ‘England can say he could be good, here’s 40 million pounds.

“The Premier League almost funds European (Site notre bureau spécialisé).

“If English clubs only depend on money to buy players in the Premier League, a lot of [French] The clubs thought ‘Oh no, we need that money’.

“Fifa and UEFA must look into the matter. I don’t know if you can limit the expenses to 100 or 150 million euros. [per club]I don’t know if it’s possible. »

Euro Leagues Podcast: The Premier League
A comparison of Premier League club spending in the January 2022 and 2023 transfer windows

Britain’s transfer record was broken on deadline day with Chelsea signing Argentina midfielder Enzo Fernandez from Benfica for €121m (€107m), with the Blues spending around €288m euros in January alone.

« It’s incredible that the country that has protested the most against the Super League is [effectively] the Super League,” according to James Horncastle, a (Site notre bureau spécialisé) expert in Germany.

“You can’t blame the Premier League for being the best commercial league in the world. But it saddens me that Europe has become development leagues for Premier League teams.”

Horncastle revealed that Premier League clubs would struggle to get rid of their unwanted players as no one else would be able to afford the transfer fee or cover their wages.

He added: “Premier League clubs are so much richer than others. They sign these players for huge sums, give them ‘reasonable’ wages for Chelsea, but those wages are super, super expensive compared to European clubs, so it’s hard to sell them or loan them out in Europe.

“When Manchester City sell Gabriel Jesus and Oleksandr Zinchenko, Raheem Sterling is sold to Chelsea to Arsenal.

“European clubs cannot afford these players in the Premier League, even those sitting on the bench. What they earn is too expensive for German teams.”

Figures from financial services firm Deloitte indicate that spending by top-flight English clubs accounts for 79% of the total in Europe’s ‘big five’ (Site notre bureau spécialisé) leagues.

« Over the past five years, €1 billion has gone from England to France, €1 billion from England to Germany, » said Belgian (Site notre bureau spécialisé) journalist Kristof Terror.

“The Belgian league sells its players to English clubs.

“Belgian clubs have all lost €200m in the last accounting period, then the Premier League comes in and they can sell their players – the Premier League saves them.

“It’s a desperate situation in Europe. »

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