Arsenal, Liverpool, Chelsea and Manchester City are expected to be the busiest Premier League clubs in a convoluted summer transfer market, according to top football agent Jon Smith. The director of player representation agency First Artist believes there will be a flurry of activity before the European Championships as the Premier League pays its clubs earlier than usual.Smith expects the middle clubs to be more prudent and protect their balance sheets in the hope of considerable investment from emerging markets around the world, notably China, who are changing world football in more ways than one. He told Sky Sports News HQ: The interesting thing is that the Premier League have decided to pay the clubs earlier this year, partly, I guess, because of the European Championships.Its going to be a bit convoluted. What will happen is youll have a spree and then a decline of activity as people wait for the European Championships, and then it will pick up again towards the end of July. Jackson Martinez, in Atletico Madrid, was one of several high profile players to join the Super League this season Arsenal, Liverpool, Chelsea, Manchester City will be the busiest I suspect. Of the ones coming up, probably Middlesbrough. The rest will be prudent. Its about the valuations of football clubs and how people want to build their businesses, not just about success on the field any more.You have the top five, six clubs very well organised and well owned, and then you have a number of very interested parties around the world looking at Premier League clubs at potential investments.So the clubs in the middle - for example Stoke, West Brom, Swansea and Southampton to a lesser degree - are going to look at their balance sheets and not want to degrade those by overly spending too early with player commitments on their books. They want to keep their books in good shape just in case one of these high-net-worths come up.China have exploded onto the football player market in recent months, with its Super League clubs signing world stars in their prime including Jackson Martinez, Ramires and Alex Teixeira.But Smith says Chinese investors are actively looking to invest in Premier League and Championship clubs and make English football richer via revenue streams from the Far East. Jon Smith is director and agent at First Artist representation agency He said: We got very close with a Championship club with some Chinese individuals. It didnt quite happen but the main income stream was to come from China. The UK income stream was just consequential to wash its face.Theres a huge market in China and dont discount other markets like India. Its not there yet; cricket is still the number one sport but football is catching on. Those markets are going to become more important to our Premier League and Championship over the coming years.The home, base market has to be nurtured. We cant have empty stadiums. Theres a great argument for decreasing ticket prices as income from around the world increases. But the market for saleability and profit is going to come from other corners of the world such as America and Asia. Also See: Transfer Centre Latest transfer news Transfer betting Paper Talk Vegas Strong Jersey . Patton was placed on the restricted list testing positive for a banned amphetamine. Patton took Adderall, a drug commonly used to combat Attention Deficit Hyperactivity Disorder, late in the 2013 season and then was given a random drug test. William Karlsson Jersey . - Golden State Warriors coach Steve Kerr has nothing but good problems right now. http://www.officialgoldenknightsfanstore.com/jon-merrill-golden-knights-jersey-c-9/ .com) - Bradley Beal deposited a season-high 33 points and John Wall posted another double-double as the Washington Wizards went on the road and beat the Houston Rockets, 104-103. Colin Miller Jersey . - Andrew McCutchen went 4 for 5 and finished a home run short of a cycle, and Jordy Mercer drove in a career-high four runs to lead the Pittsburgh Pirates to an 8-2 rout of the Philadelphia Phillies on Friday. Vadim Shipachyov Jersey . 8 Sergio Parisse for its penultimate Six Nations match against Ireland at Lansdowne Road.FRANKFURT - Bayern Munich began the defence of its Bundesliga title on Friday by beating Wolfsburg 2-1 with goals from Thomas Mueller and Arjen Robben shortly before and after the interval. Bayern dominated the match until a goal by Ivica Olic in the 52nd minute that breathed new life into Wolfsburgs game. Wolfsburg wasted a tremendous late opportunity to earn a point and Robben hit the crossbar in stoppage time. "It would have been difficult for us if they had made it 2-2," Bayern director Matthias Sammer said. Both teams were missing several injured players. Bayern was without Franck Ribery and Bastian Schweinsteiger, among others. But central defender Holger Badstuber returned to the Bundesliga after missing 20 months with a knee injury and two operations. Bayern coach Pep Guardiola gave 17-year-old Gianluca Gaudino, son of former Germany international Maurizio Gaudino, his Bundesliga debut and the teenager had a good game, nearly setting up a goal. New Bayern striker Robert Lewandowski failed to score and was substituted late in the second half. Guardiola had predicted that his team would face a difficult first half of the season due to the many injuries and because many players were still getting into shape after the World Cup. But he started with five of his six Germany players, plus Robben, who also played throughout the Worldd Cup with third-placed Netherlands.dddddddddddd And Robben was one of the top players in the season opener. Lewandowski set up Mueller early but Mueller tried to play back the ball instead of shooting and the Wolfsburg defence cleared. Gaudino then chipped a pass and Lewandowski attempted an acrobatic first-time effort but Wolfsburgs goalkeeper Max Gruen palmed the ball over. Bayern opened the scoring in the 37th when Robben faked Luiz Gustavo and sent in a low cross that was knocked in from close range by Mueller. Mueller began the move that led to Bayerns second goal in the 47th, feeding Lewandowski, who launched Robben. Josuha Guilavogui appeared to move aside and Robben had the space he needed to slot the ball inside the post. Wolfsburg got back into the match when Olic picked up a throw-in and fired onto the underside of the crossbar and into the net of his former team. Junior Malanda should have salvaged the point for Wolfsburg in the 79th. He raced in to connect with a low cross from Maximilan Arnold but the ball hit Bayern and Germany goalkeeper Manuel Neuers leg and bounced off the crossbar. It fell to Malanda but he hit it with his shin and managed to miss the target from just one meter (yard) out. Bayerns substitute Sebastian Rode found the net in the 84th but the play was called offside in a questionable decision. 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