1996 showed the low cost of transfers compared to today’s mega money deals, including just £75 million spent in England

THE money sloshing around the summer transfer window has gone through the roof since the Premier League was formed.

Earlier this month, Liverpool secured the signing of striker Darwin Nunez from Benfica in a deal that could be worth up to £85million.

Shearer was the most expensive transfer in England in 1996

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Shearer was the most expensive transfer in England in 1996Photo credit: Getty

Notably, a single transfer accounts for more money than all of English football spent in 1996.

statistics have recently resurfaced, showing just £75m was spent by football clubs across the country 26 years ago.

The most expensive deal this year was Alan Shearer’s move from Blackburn to Newcastle – which was valued at £15million.

The England striker’s move was more than double that of any other player this summer – with Fabrizio Ravanelli’s £7million move from Juventus to Middlesbrough the next biggest transfer.

Compare that to the last summer window in 2021, when more than £1billion was spent in the Premier League alone.

1996 both Spain [128m] and Italy [85m] paid out more in transfer fees than England.

Ronaldo’s PSV move to Barcelona has been secured for £12.8million – the biggest LaLiga deal this summer.

And in the most expensive Serie A transfer, Enrico Chiesa joined Parma from Sampdoria for £10m.

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Other notable transfers this summer included Zinedine Zidane joining Juventus for £3.2million, while Clarence Seedorf joined Real Madrid for the same amount.

Meanwhile, Brazilian superstar Rivaldo signed for Deportivo La Coruna for £5.4m and Romario arrived at Valencia for £4.8m.

Responding to the deals in 1996, one social media user said: “£15m for Shearer compared to £12.8 for the greatest striker of all time. Zidane for £3.2m – You couldn’t even buy Hanley for that much money right now. “

Another added: “How things change. They could buy all four Ronaldo, Rivaldo, Romario and Shearer for less than Tottenham are reportedly willing to pay Everton for Richarlison.”

And a third said: “Who still feels like today’s transfer fees look like classic mid 90’s minus a zero?

“Nunez £10 million – Sounds about right?”

https://www.the-sun.com/sport/football/premier-league/5582684/transfers-1996-premier-league-alan-shearer/ 1996 showed the low cost of transfers compared to today’s mega money deals, including just £75 million spent in England

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