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Summer window net spend – who wins…who loses?

Will West Ham Wolves, Brighton, Burnley and Crystal Palace have the last laugh as the financial impact of COVID continues to hit football clubs.

Premier League clubs spent over one billion pounds in the transfer window with many of them borrowing heavily from banks and institutions to do so.

Those clubs are doing so because they believe this is the way to preserve their Premier League status but the five clubs mentioned have been more frugal in a bid to keep a financially sustainable model with no sign of supporters returning to stadiums in sight this season.

Yesterday Claret and Hugh revealed the transfer net spend table  in which the Hammers finished bottom

Wolves spent just £2m in net spend with Brighton just above at £2.5m, Burnley considered one of the best-run clubs from a financial standpoint spent less than £1m.

Crystal Palace had a negative net spend of minus £2m while West Ham has a minus £7m net spend.

Premier League clubs are losing £80m per month in lost revenue and that is not sustainable without something changing.

It may seem  far fetched but we could  see a Premier League club enter administration if a continuation of spending beyond their means goes on.

So who will be the winners and losers – send us your views?

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About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon

3 comments on “Summer window net spend – who wins…who loses?

  1. Honestly, I don’t give a toss what other clubs are doing.
    I’m only interested in our club and getting Tweedledum, Tweedledee and the Wicked Witch out.
    Moyes disappointed me with his latest comments, throwing his support behind the owners, saying that they tried to sign players…. where have we heard that before?
    Offering low prices and stupid terms just says to me that they didn’t try very hard.
    Personally, I think it wasTweedledum’s plan to waste time going after players with no intention of signing them, thus leaving Moyes to shop in the bargain basement.
    Of all the Championship players that we have been linked with, only Manning, Benrahma and maybe Rodon are, I think, good enough to add to the squad. But we will probably end up with Dawson and Welbeck…oh happy days!!!

  2. If any of those clubs get relegated I’d imagine they’ll regret not spending because the financial loss due to civic will be small in comparison.

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