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 Chelsea Willian Jersey . Scott Kazmir allowed four hits in seven shutout innings, Michael Brantley hit a two-run homer in a three-run first inning and the Indians maintained their hold on an AL wild-card spot with a 4-1 win over the Houston Astros on Saturday night. Chelsea Jerseys For Sale . Jeff Green scored 13 points and Kris Humphries 12 for the Celtics, who nearly blew an 18-point, second-half lead. Sullingers 20-20 was the first by a Celtics player since Kevin Garnetts first game in Boston in 2007. 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