Why Premier League clubs keep signing each other's players for the same fee
Briefly

Why Premier League clubs keep signing each other's players for the same fee
"Earlier this month, AFC Bournemouth forward Antoine Semenyo moved to Manchester City for an initial £62.5 million. Everything about the deal felt significant: A huge fee, a huge deal and a huge moment for the Ghana international. Yet, for many inside football, it didn't feel that big at all. That is likely because we've grown used to this type of deal. Semenyo became the ninth player this season to move from one Premier League club to another for a fee of £50 million or more."
"In the space of just a handful of years, that exact kind of transfer has become remarkably commonplace, establishing two new unwritten rules: First, this is the fee Premier League clubs now command for their top stars; second, clubs that spent years avoiding doing business with direct rivals now willingly partner for big-money transfers. In the summer of 2024, only three players ( Dominic Solanke, Pedro Neto and Amadou Onana) moved to another Premier League club for £50 million or more."
Antoine Semenyo moved from AFC Bournemouth to Manchester City for an initial £62.5 million, becoming the ninth player this season to transfer between Premier League clubs for £50 million or more. Such transfers have become commonplace, with clubs now valuing top players at that price and routinely trading with direct rivals. Summer 2024 saw only three intra-league £50m-plus moves, but this season has already produced nine, and total transfer fees between Premier League teams have surpassed £1 billion for the first time. There have been 39 intra-league transfers so far this season, the most since 2018. Inflation contributes to rising fees.
Read at ESPN.com
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