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Football, Finance and the Future: A Bubble About to Burst?
Higher revenues - Do they stay in the game?
The following table shows that transfer spending has risen over the late 1990s, by nearly 40% in the two seasons shown (between 1997-98 and 98-99.)
| |
(£ million)
1997 - 98 |
(£ million)
1998 - 99 |
| English clubs' spend on transfers |
227.9 |
316.9 |
| Transfer money going abroad |
70 |
142.2 |
| Premiership spend on transfers from Nationwide Football League |
1.5 |
27.5 |
This data also indicates that, of the total expenditure by English professional clubs on transfers, 45% was devoted to bringing foreign players into the country.
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