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Record Breaking Transfer Window Coming to a Close

The football summer transfer deadline is getting ever closer and there are a number of futures still up in the air.

The likes of Alexis Sanchez, Diego Costa and Philippe Coutinho could all still move away from their current clubs before the transfer window closes in the next 24 hours.

When Does the Window Close?

The transfer window closes at 11pm tonight for England, France, Scotland and Italy whereas Germany have less time with their deadline at 5pm this evening. Spain have longer than everyone else with their window closing at midnight on September 1st.

Therefore Barcelona are in prime position to complete a deal for Philippe Coutinho to move from Liverpool. So far their previous bid of £118 million was rejected in their quest to find a replacement for Neymar, who left for PSG.

Record Breaking Transfer Window

Lets have a look at the transfer balance for the English Premier League. Overall there have been 239 arrivals to clubs with a total expenditure of £1,227,766,500. Yes, a crazy figure that just seems to be increasing every year.

Now let’s look at the top 5 football leagues across Europe, which includes the Premier League, Serie A, Ligue 1, La Liga and Bundesliga. So far, the overall expenditure has almost reached a staggering £3.5 billion!

Roy Keane, the current Ireland assistant manager, has said that his old team mate Ryan Giggs would be worth £2 billion if he were to move in today’s ‘mind boggling’ transfer market. He even went as far as saying that some teams are spending ridiculous amounts on ‘average players.’ Whilst this is debatable, the amount of money involved is obscene. It’s now become just a number rather than a price.

Who’s Moving Where?

  • Undoubtedly the largest signing of the summer was Neymar moving to PSG from Barcelona for a crazy £198 million.
  • Yesterday afternoon Liverpool agreed a deal to buy Alex Oxlade-Chamberlain from Arsenal for £35 million.
  • The largest purchase for an English club this summer was Romelu Lukaku who moved from Everton to Manchester Utd for a cool £75 million.

Obviously there are many more signings however, I’ve just listed a few above.

How Can Matched Betting Benefit from this?

As matched bettors we can’t complain. The ever increasing amount of money in football is pulling the betting industry along with it. More betting companies are springing up each year. This increases the competition in the industry which means bookies have to spend more gaining and keeping customers. They do this by offering promotions and free bets for both new and existing customers which we can make a guaranteed profit from using matched betting.

If you’re unsure how this method works and would like to find out more head to some of the brilliant articles below:

Back and Lay Betting Explained
What is a Betting Exchange?
Why The Sure Bettor?

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