Premiership clubs tighten their belts as transfer fees nose dive
AUSTERITY was the word for the region’s financial firms yesterday after a record low spending Premiership transfer window saw very few clubs dig deep into their dwindling pockets.
Player transfer spending by Premier League clubs was around £350m in the summer transfer window, according to analysis by the business advisory organisation Deloitte.
Dan Jones, partner in the Sports Business Group at Deloitte, said: “Premier League clubs’ spending in this transfer window has been restrained at around £350m, after three years in which the clubs had spent £450-500m each summer.
1.Sep.10 | Finance
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Major coup for North East firm
A GLOBAL retail group which operates in 44 countries and has annual sales of £9.3b has appointed a North East accountancy firm to its supplier list. Tait Walker, based in Gosforth,…
31.Aug.10 | News
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Deloitte down but not out
BUSINESS advisory firm Deloitte has reported revenues of £1,95bn for the year ended 31 May 2010 - down £16m on the previous year. The organisation has blamed the tough economic climate…
30.Aug.10 | News
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Region’s businesses paying more to borrow
THE REGION’S business leaders have said new figures that show a rise in SMEs bank fees are “worrying”. The Institute of Chartered Accountants in England and Wales (ICAEW) has said many…
27.Aug.10 | News
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Forum urges small firms to tell of their banking experiences via online survey
A NOT-FOR-PROFIT small business support group is urging firms to take part in a new survey to highlight their experiences of dealing with the banks. The Forum of Private Business is hosting the…
26.Aug.10 | News
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Fraudsters put £18m dent in North East economy
NEW figures show there was £18m worth of large scale fraud in the North East in the first half of the year while nationally mortgage fraud has quadrupled in the…
9.Aug.10 | News
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Students urged to spend a Deloitte-ful summer in finance
BUSINESS advisory group Deloitte has begun recruiting undergraduates to take part in its summer vacation scheme in the North East. The seven-week programme offers students in their penultimate year of university…
4.Aug.10 | News
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Northern Rock looking to play its cards right
NORTHERN Rock plans to start offering credit cards and personal loans again as it readies itself for sale to the private sector, the group said yesterday. The lender said it has…
3.Aug.10 | News
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Deloitted to be here
Business advisory firm Deloitte has appointed three new directors at its office in Newcastle. David Taylor, Tom Vallance and Jane Taylor have spent several years working at Deloitte’s North East office.…
14.Jul.10 | Finance
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NBS makes major appointment
NEWCASTLE Building Society (NBS) has announced the appointment of Angela Russell as its new finance director. Ms Russell, who has been acting finance director since the end of January 2010, has…
5.Jul.10 | News
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Finance giant on recruitment drive
BUSINESS advisory empire Deloitte is on the hunt for the North East’s top talent as it vows to recruit more than 1,100 graduates in the next 12 months. The company is…
5.Jul.10 | News
