“Heroes come and go,” the Premier League’s chief executive Richard Masters warned this summer, “we are seeing a bit of a change of the guard.”
England’s top flight undoubtedly looks different after a window of unmatched spending extravagance, but oddly familiar at the same time. Although teams have spent more money on transfers than ever before—upward of $4.75 billion—many of those fees have been paid to their domestic rivals.
