<p>Transfer spending in the English Premier League reached 500 million pounds ($4.5 million) this summer with four weeks still left to go until the window closes.<br /><br /></p>.<p>Raheem Sterling's move to Manchester City for an initial fee of 44 million pounds has been the highest so far. Football finance expert Rob Wilson said: "A new record is likely as clubs look to benefit from the new TV deal," reports Efe.<br /><br />Starting from the 2016-2017 season, deals for Premier League television rights will increase from 3.02 billion pounds to 5.14 billion pounds over the next three seasons.<br /><br />Meanwhile, Manchester United's boss hinted at a "surprise" signing, despite having already spent 83 million pounds.<br /><br />The champions of the Premier league will earn more than 150 million pounds in prize money while the bottom club will pocket 99 million pounds per season.<br /><br />"Manchester United have spent 83 million pounds this summer which is fairly reasonable after spending 59.7 million pounds on Angel di Maria last season," Wilson said.<br /><br />"If they recoup about 45 million pounds for selling di Maria to Paris Saint-Germain, they could sign Pedro from Barcelona and their net transfer spend would still be pretty modest."<br /><br />He also noted that Liverpool has funded the transfer deal of Christian Benteke through Sterling's move which he considered as "a good move for football in general".<br /></p>
<p>Transfer spending in the English Premier League reached 500 million pounds ($4.5 million) this summer with four weeks still left to go until the window closes.<br /><br /></p>.<p>Raheem Sterling's move to Manchester City for an initial fee of 44 million pounds has been the highest so far. Football finance expert Rob Wilson said: "A new record is likely as clubs look to benefit from the new TV deal," reports Efe.<br /><br />Starting from the 2016-2017 season, deals for Premier League television rights will increase from 3.02 billion pounds to 5.14 billion pounds over the next three seasons.<br /><br />Meanwhile, Manchester United's boss hinted at a "surprise" signing, despite having already spent 83 million pounds.<br /><br />The champions of the Premier league will earn more than 150 million pounds in prize money while the bottom club will pocket 99 million pounds per season.<br /><br />"Manchester United have spent 83 million pounds this summer which is fairly reasonable after spending 59.7 million pounds on Angel di Maria last season," Wilson said.<br /><br />"If they recoup about 45 million pounds for selling di Maria to Paris Saint-Germain, they could sign Pedro from Barcelona and their net transfer spend would still be pretty modest."<br /><br />He also noted that Liverpool has funded the transfer deal of Christian Benteke through Sterling's move which he considered as "a good move for football in general".<br /></p>