Spend, spend, spend: English top Europe with record £630m outlay

money bag

By Andrew Warshaw
September 3 – Despite UEFA’s financial fair play regulations, English Premier League clubs spent a record £630 million in the summer transfer window that slammed shut on Monday, according to Deloitte’s Sports Business Group. The new tally easily beat the previous record of £500 million set back in 2008, with clubs able to take advantage of the Premier League’s massive television deal without which spending would have been far lower.

Read more …