How much have the EPL’s promoted teams have spent so far?

How much have the EPL's promoted teams have spent so far? - originally posted on Soccerlens.com

When writing a piece for the Montreal Gazette concerning how much each promoted side had paid to assemble their roster, it was interesting to note the circumstances of each team. Queens Park Rangers, though ostensibly backed by the capacious pockets of Bernie Ecclestone and perhaps Lakshmi Mittal, have spent a miserly ₤1.