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Transfer: EPL clubs spend record £1.5bn in summer

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Premier League clubs have shattered their record for summer transfer window spending, according to analysis from sports finance experts Deloitte.
Gross spending by the 20 Premier League teams stood at £1.5 billion ($1.7 billion) on Thursday, surpassing the 2017 record of £1.43 billion spent by English clubs in the close-season window.It is also more than the £1.44 billion spent in the whole of last season.

With a week to go until the window shuts on September 1, the all-time record for an entire Premier League season, £1.86 billion from 2017-18, could be beaten in the current summer window alone.

“The record levels of spending that we’ve seen in this summer transfer window so far provides a sign that the business models of Premier League clubs are rebounding post-Covid,” Chris Wood, assistant director in Deloitte’s Sports Business Group said.

“Whilst this is encouraging, the importance of clubs establishing responsible and sustainable spending policies cannot be overstated.

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“Clubs must balance their desire to be competitive on-pitch with the need to protect long-term financial and operational viability.”

Premier League clubs have signed 135 players this summer, already more than in the 2019 or 2020 summer windows and closing on last August’s 148.
Two-thirds of those have seen a fee paid, including 14 separate players moving for reported fees in excess of £30 million.

That list is topped by Benfica forward Darwin Nunez’s £85.5 million move to Liverpool.

Chelsea have spent £60 million on Marc Cucurella, £47.5 million on Raheem Sterling and £34 million on Kalidou Koulibaly.

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Manchester United splashed out £60 million on Real Madrid midfielder Casemiro, while Manchester City paid £50 million for Borussia Dortmund striker Erling Haaland.

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Arsenal spent a combined £77 million on Manchester City duo Gabriel Jesus and Oleksandr Zinchenko.

Tottenham laid out £60 million to bring Brazilian striker Richarlison from Everton, while West Ham, Nottingham Forest and Wolves have also engaged in substantial spending.

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Olise’s late strike gets Palace point against United

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Michael Olise has helped Crystal Palace get a point against Manchester United in their 1-1 draw at Selhurst Park Stadium on Wednesday night.

The midfielder’s late strike in extra-time, 91′, levelled the game against United, who had controlled the lead since the 43rd minute of the first half after Bruno Fernandes’ fine finish put the Red Devils ahead just before the break.

A relentless Olise scored from a free kick with a left-footed shot to the top right corner. The equalising goal saw United’s dream of replacing defending EPL champions City in the second place on the league table, fade away, as they remain third with 39 points, having played a game more than City.

Crystal Palace remains in 12th place with 23 points.

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Atletico Madrid head coach speaks on leaving Atletico Madrid

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Atletico Madrid head coach, Diego Simeone, has insisted that nobody has personally told him to leave the club.

Rumours have persisted that Simeone, 52, could be set to end this 11-year stay at Atletico Madrid at the end of the season.

However, the Argentine has now stated that no one at the club has asked him to quit the La Liga giants.

Speaking at his pre-match press conference ahead of Atletico Madrid’s Copa del Rey tie with Levante on Wednesday night, Simeone said when asked about reports suggesting he would leave the club at the end of the season: “No one has personally asked me to leave.”

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However, having already been eliminated from UEFA Champions League and sitting 13 points behind leaders Barcelona in the La Liga table, the Copa del Rey is Atletico Madrid’s last realistic opportunity for a trophy this season.

It has been a disappointing campaign for Simeone’s side, as they sit fourth in the league.

Simeone added, “The boys are enthusiastic to reverse this situation that we have experienced since the break and prior to the World Cup. It’s been a regular to a bad season. For me, there is growth after the break, hopefully, we will continue in that line.”

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EPL: Frank Lampard won’t run away – Shaun Wright-Phillips

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Former Chelsea player, Shaun Wright-Phillips has backed his former teammate, Frank Lampard to stay at Goodison Park and turn things around.

Wright-Phillips said his former team-mate does not run away from challenges such as Everton is facing now but would face them squarely

Lampard is in danger of being sacked any moment from now after yet another defeat on Friday.

Everton crashed out of the FA Cup on Friday after they were beaten 3-1 by Manchester United at Old Trafford

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Frank Lampard has now led Toffees to six defeats in their last seven matches and they have also crashed out of the Carabao Cup and are currently 18th in the Premier League.

“Frank Lampard has always been a player and a person that won’t run away from things not going well,” Wright-Phillips told the BBC.

“He is the type of person to try and solve it or try and make the situation a lot better…”

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