Many industries are understandably cautious at the moment, as they steel themselves for more tricky economic times ahead. But it seems that nobody told the English Premier League – which has just broken its own record for spending money on football players – to the tune of £1.9 billion.
Of the top 20 most expensive European club signings this summer, 15 were in the Premier League (four were in Spain’s La Liga, and one in Germany’s Bundesliga). Overall, the Premier League spent more than the top divisions in France, Spain and Italy combined.
This level of spending is not new. In the 2017-2018 season, the Premier League spent £1.86 billion, equivalent to more than £2 billion today. But what might be different this time is the potential impact on increasing the level of competition throughout the league.
