{"id":82708,"date":"2023-02-04T15:36:08","date_gmt":"2023-02-04T15:36:08","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/premier-league-almost-bankrolling-european-football"},"modified":"2023-02-04T16:11:09","modified_gmt":"2023-02-04T16:11:09","slug":"premier-league-almost-bankrolling-european-football","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/premier-league-almost-bankrolling-european-football","title":{"rendered":"Premier League \u2018almost bankrolling\u2019 European football"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Chelsea spent \u00a3288m in the January transfer window, including \u00a3107m on Enzo Fernandez. Their total spend was more than that of France, Germany, Italy and Spain combined<\/p>\n

The Premier League is \u201calmost bankrolling\u201d European football, with La Liga, Serie A, Bundesliga and Ligue 1 in danger of becoming \u201cfeeder leagues\u201d, says French journalist Julien Laurens.<\/p>\n

Premier League clubs spent \u00a3815m during the January transfer window. That is over four times the combined \u00a3198m in Spain, Italy, Germany and France.<\/p>\n

\u201cRight now the only league where you can afford anyone is the Premier League,\u201d said Laurens.<\/p>\n

Speaking on BBC Radio 5 Live\u2019s Euro Leagues podcast, the French football expert added: \u201cBournemouth have the capability of spending \u00a360m or \u00a370m in one transfer window in January. The other leagues can\u2019t become feeder leagues to the Premier League, but right now that\u2019s how it looks.<\/p>\n

\u201cPeople that run French clubs, they\u2019re relying on English clubs to spend \u00a320m or \u00a330m to sign one of their players. If you have a young player that\u2019s not too bad in Ligue 1 someone from England can say \u2018he might be good, here\u2019s \u00a340m\u2019. The Premier League is almost bankrolling European football.<\/p>\n

\u201cIf English clubs were only spending money buying players in the Premier League a lot of [French] clubs would be thinking \u2018oh, no, we need that money\u2019.<\/p>\n

\u201cFifa and Uefa have to look into it. I don\u2019t know if you could limit the spending to \u00a3100m or \u00a3150m [per club], I don\u2019t know if that\u2019s possible.\u201d<\/p>\n

The British transfer record was smashed on deadline day with Chelsea signing Benfica\u2019s Argentina midfielder Enzo Fernandez for 121m euros (\u00a3107m), with the Blues spending about \u00a3288m in January alone.<\/p>\n

\u201cIt\u2019s incredible the country that protested the most against the Super League is [effectively] the Super League,\u201d added James Horncastle, an expert on German football.<\/p>\n

\u201cYou can\u2019t criticise the Premier League for being the best commercially run league in the world. But It saddens me that Europe has just become development leagues for Premier League teams.\u201d<\/p>\n

Horncastle felt the Premier League clubs will have a problem getting rid of their unwanted players, as nobody else would be able to afford the transfer fees or cover their wages.<\/p>\n

He added: \u201cPremier League clubs are so much richer than the others. They sign these players for huge amounts, give them \u2018reasonable\u2019 wages for Chelsea, but those wages are super, super expensive compared to the European clubs, so it\u2019s difficult to sell or loan them into Europe.<\/p>\n

\u201cWhen Manchester City were selling Gabriel Jesus and Oleksandr Zinchenko they sold them to Arsenal, Raheem Sterling they sold to Chelsea. European clubs can\u2019t afford these players in the Premier League, even those sitting on the bench. What they earn is too expensive for German teams.\u201d<\/p>\n

Figures from financial services company Deloitte say the spending by English top-flight clubs accounted for 79 per cent of the total across Europe\u2019s \u2018big five\u2019 football leagues.<\/p>\n

\u201cIn the last five years \u00a31bn went from England to France, \u00a31bn from England to Germany,\u201d said Belgian football journalist Kristof Terreur. \u201cThe Belgian league likes to sell their players to English clubs. The Belgian clubs all made a loss of 200m euros in the last accounting period, then the Premier League comes along and they can sell their players – the Premier League is saving them. It is a pretty desperate situation in Europe.\u201d<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Chelsea spent \u00a3288m in the January transfer window, including \u00a3107m on Enzo Fernandez. Their total spend was more than that of France, Germany, Italy and Spain combined The Premier League is \u201calmost bankrolling\u201d European football, with La Liga, Serie A, Bundesliga and Ligue 1 in danger of becoming \u201cfeeder leagues\u201d, says French […]<\/p>\n","protected":false},"author":84,"featured_media":82705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[6857,7003,544],"class_list":["post-82708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nPremier League \u2018almost bankrolling\u2019 European football - kenya<\/title>\n<meta name=\"description\" content=\"Chelsea spent \u00a3288m in the January transfer window, including \u00a3107m on Enzo Fernandez. 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