Premier League clubs spent a record £2.36 billion pounds on new players in the recently concluded transfer window, according to analysis from Deloitte.
"A second successive summer of record spending by Premier League clubs suggests that year-on-year revenue growth could return following the pandemic," Tim Bridge, lead partner in Deloitte's Sports Business Group, told the BBC."Nearly three-quarters of Premier League clubs spent more this summer than the last, reflecting the increased intensity of competition.
The London-based club broke the British transfer record for the second time in a year by signing Ecuador midfielder Moises Caicedo for a reported £115 million, eclipsing the record £106 million they paid to sign midfielder Enzo Fernandez in January.
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