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Premier League Clubs Beginning to Recover from Pandemic Crisis

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Club-club Premier League starting to recover from the crisis pandemic COVID-19. It is marked by the value of spending on players who return to pre-pandemic times.

The January transfer window has just closed on January 31, coinciding with the turn of the month. Clubs Premier League recorded a total transaction value of 295 million pounds or around Rp 5.7 trillion.

That value is the second largest in transaction history transfer market winter in the Premier League, after a total of £430 million in 2018. In comparison, last year the Premier League only spent 70 million pounds during January.

All of Europe’s top four leagues, namely LaLiga, Bundesliga, Serie A and Ligue 1, recorded a total player spending of £317 million this January. That means only 22 million pounds of the total Premier League spending alone.

Transaction values ​​in the January transfer market indicate that clubs are starting to recover from the crisis caused by the pandemic COVID-19. For the record, more than half of the transactions were carried out by the bottom five clubs, with a value of 150 million pounds.

“The transfer market indicates that the financial pressure from COVID to Premier League clubs is starting to ease, with spending clearly returning to pre-pandemic levels and remarkably among the highest we have seen in January,” said the Group Head. Sports Business at the financial firm Deloitte, Dan Jones.

“The Premier League continues to lead the way globally, retaining its status as the world’s largest domestic football league in financial terms, once again supported by full stadiums and successfully securing strong overseas broadcasting deals.” BBC.

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