Premier League clubs hope to net sterling rebound

pl-app — Lion's share: Premier League teams had to shell out around £100 million more for players post-Brexit

- Louis Parr
- 13 Sep 2016

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The UK's Premier League football clubs are hoping for a rebound in sterling to soften the impact of paying for players during the summer transfer window immediately after Brexit, which forced them to shell out nearly £100 million more due to foreign exchange movements.

Clubs spent an astonishing £1.175 billion-plus to buy players from mostly European teams between July 1 and August 31, only a week after sterling plunged from near 1.30 to around 1.19 in the wake of Britain's vote to leave the

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