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Transfer News: Premier League clubs spent almost £130m in January window

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Premier League clubs splashed out almost £130million in this year's January transfer window - more than twice the amount spent last year.

The acquisition of new players from overseas clubs accounted for £75m (62 per cent) of Premier League clubs' gross transfer spending, followed by acquisitions from fellow Premier League clubs (£25m, 21 per cent), and acquisitions from Football League clubs (£20m, 17 per cent). But a number of teams still leave it late to seal their deals with £35m of player transfer fees spent on deadline day. The equivalent final day figure in January 2012 was £30m, and for January 2011 it was £135m. The Premier League continues to dominate spending across Europe with Serie A clubs the second highest spenders this January, with total reported transfer spending of around 70 per cent of the total for England's top division - a large chunk of that to bring in Balotelli. Total transfer spending by top division clubs in France and Germany was around 30 per cent to 45 per cent of that by Premier League clubs. Transfer spending in La Liga was minimal in this winter window, and exceeded by the amounts spent by clubs in emerging markets such as Russia and Brazil.

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