Premier League clubs have spent one of the lowest amounts in a January transfer window, with owners and financial experts blaming the league’s increased scrutiny over its profit and sustainability regulations (PSR) for the significant downturn.
Last year English top-flight clubs almost doubled the record for January after paying £815m as the Chelsea owners, Todd Boehly and Clearlake Capital, continued their spending spree but the market has been noticeably quieter this month. Crystal Palace confirmed the signing of Adam Wharton from Blackburn for an initial £18.5m on Thursday but collective spending was less than the British record £106.8m Chelsea paid for Enzo Fernández alone 12 months ago.
