Falcao’s loan move to Manchester United was the major deadline day signing as Premier League summer spending hit a record £835m.
The Colombian striker’s £6m switch, Daley Blind’s £13.8m move to United and their sale of Danny Welbeck to Arsenal for £16m helped set the new landmark.
Overall deadline day spending was down £55m to £85m compared to 2013.
But earlier deals, such as United’s £59.7m British record signing of Angel Di Maria, contributed to the record.
Financial analysts Deloitte said Louis van Gaal’s near £150m spree was the highest gross transfer spend in a single window by any club.
On deadline day, most of the major transfers were announced after the 23:00 BST cut-off – with clubs given an hour’s grace to finish deals they had started.
Falcao’s surprise move was announced at 01:30 BST, 32 minutes after Welbeck’s move was confirmed. Manchester City revealed Alvaro Negredo had been sent on loan to Valencia at 23:28 BST.
City also allowed England international Micah Richards to go on loan to Italian side Fiorentina, with United striker Javier Hernandez going on loan to Real Madrid.
Hull were the busiest Premier League side on transfer deadline day, signing four players, including Palermo striker Abel Hernandez for a reported club-record £10m and Premier League trio Hatem Ben Arfa, Gaston Ramirez and Mo Diame.
Crystal Palace broke their club record to sign £7m Wigan midfielder James McArthur.
Premier League spending has been boosted by a £3bn television deal – 70% higher than the last contract – that is entering its second year.
The previous record of £630m – set last summer – was broken this year on 14 August, before a ball had been kicked in the Premier League.
Other key Premier League transfer window stats, provided by Deloitte, include:
- Clubs in the Champions League contributed 40% (342m) of the total spend.
- £530m went to clubs overseas. This was up from £490m last year but is down as a proportion of total spend from 78% to 63%.
- £60m was spent on Football League players.
- Premier League total spending is more than La Liga (£425m), Serie A (£260m) and Ligue 1 (£100m) combined. A total of £250m was spent in the Bundesliga.
Three of the busiest clubs this summer did not sign players on deadline day.
Liverpool have spent £117m since the end of the season, Chelsea £91.3m, and Manchester City £50m.
Arsenal’s signing of Welbeck took their summer transfers to £82m. Southampton’s total was £74.9m, although they did sell £92m worth of players.
Here Is The Transfer List
Shinji Kagawa Man U –Borussia Dortmund) undisclosed
1:33 – James McArthur [Wigan Athletic – Crystal Palace] £7m
21:30 – Ryan Cresswell [Fleetwood – Northampton] Undisclosed
21:14 – Ryo Miyaichi [Arsenal – FC Twente] Loan
21:14 – Ignasi Miquel [Arsenal – Norwich] Undisclosed
21:02 – Alex Kacaniklic [Fulham – Copenhagen] Loan
21:02 – Ryan Bird [Portsmouth – Cambridge] Free
20:52 – Sam Clucas [Mansfield – Chesterfield] Undisclosed
20:43 – William Kvist [Stuttgart – Wigan] Free
20:35 – Zeki Fryers [Tottenham – Crystal Palace] Undisclosed
20:20 – Betinho [Sporting Lisbon – Brentford] Loan
19:46 – Daley Blind [Ajax – Man Utd] £13.8m
19:29 – Bruno Ecuele Manga [Lorient – Cardiff] Fee in excess of £5m
19:27 – Saphir Taider [Inter Milan – Sassuolo] Loan
19:15 – Ricardo Alvarez [Inter Milan – Sunderland] Loan
18:51 – Mohamed Diame [West Ham – Hull] Undisclosed
18:36 – Andy Procter [Bury – Accrington] Free
18:30 – Sebastian Coates [Liverpool – Sunderland] Loan
18:30 – Jack O’Connell [Blackburn – Rochdale] Loan
17:45 – Andrew Surman [Norwich – Bournemouth] Undisclosed
17:37 – Brian Montenegro [Nacional – Leeds] Loan
17:34 – Lewis Holtby [Tottenham – Hamburg] Loan
17:30 – George Donnelly [Rochdale – Tranmere] Undisclosed
17:26 – Benjamin Stambouli [Montpellier – Tottenham] Undisclosed
17:08 – Royston Drenthe [Reading – Sheff Wed] Loan
17:00 – Ryan Watson [Leicester – Northampton] Loan
17:00 – Jose Canas [Swansea – Espanyol] Free
16:22 – Achille Campion [Norrby IF – Port Vale] Loan
15:58 – Abel Hernandez [Palermo – Hull City] £10m
15:46 – Nathaniel Chalobah [Chelsea – Burnley] Loan
15:01 – Alex Nicholls [Northampton – Exeter] Loan
15:00 – Jonathan Obika [Tottenham – Swindon] Undisclosed
14:54 – Alex Bray [Swansea – Plymouth] Loan
14:45 – Andy Delort [FC Tours – Wigan] Undisclosed
14:21 – Holmbert Fridjonsson [Celtic – Brondy] Loan
14:16 – Adam Forshaw [Brentford – Wigan] Undisclosed
14:16 – Vitalijs Maksimenko [Brighton – VVV-Venlo] Loan
14:08 – Jelle Vossen [Genk – Middlesbrough] Loan
13:58 – Jordan Cranston [Nuneaton – Notts County] Free
13:56 – Michael Gardyne [Dundee United – Ross County] Loan
13:52 – Dylan McGeouch [Celtic – Hibernian] Loan
13:38 – Nathan Eccleston [Coventry – Partick Thistle] Free
13:20 – Javier Hernandez [Man Utd – Real Madrid] Loan
13:08 – Jack Price [Wolves – Yeovil] Loan
13:00 – Stuart Beavon [Preston – Burton] Undisclosed
12:58 – Marco van Ginkel [Chelsea – AC Milan] Loan
12:37 – Modu Barrow [Ostersunds – Swansea] Undisclosed
11:55 – Tom Koblenz [Hoffenheim – Derby] Free
11:30 – Shane Duffy [Everton – Blackburn Rovers] Undisclosed
11:24 – George Boyd [Hull – Burnley] £3m
10:59 – Yanic Wildschut [Heerenveen – Middlesbrough] Undisclosed
10:13 – Karim
El Ahmadi [Aston Villa – Feyenoord] Undisclosed
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