"Premier League clubs spent a record £3bn this summer as deaddline day finally saw the completion of Liverpool's £125m record signing of Newcastle striker Alexander Isak. The figure, as estimated by finance company Deloitte, smashes the previous record of £2.36bn two summers ago. Liverpool spent more than £400m in the window, a record for a Premier League club, with Arsenal, Chelsea, Manchester United and Isak's former club Newcastle all breaking the £200m barrier."
"Premier League clubs are in the first year of a new domestic television rights cycle, and with a record six English clubs in the Champions League this season there was more money to go around. The figure could yet increase - as several last-minute deals have yet to be announced. It is the 10th summer in succession the Premier League's gross spend has reached 10 figures and the haul is more than was spent by Bundesliga, La Liga, Ligue 1 and Serie A clubs combined."
Premier League clubs spent a record £3bn in the summer transfer window, surpassing the previous £2.36bn high. Liverpool completed a £125m signing of Alexander Isak and spent more than £400m overall, while Arsenal, Chelsea, Manchester United and Newcastle each exceeded £200m. The league entered a new domestic television rights cycle and has six English clubs in the Champions League, increasing available funds. Several last-minute deals may push the total higher. This marks the 10th consecutive summer with 10-figure gross spend and the Premier League's haul exceeded combined spending by clubs in Bundesliga, La Liga, Ligue 1 and Serie A.
Read at 101GREATGOALS.COM
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