The past transfer window in the Premier League offered as crazy a spending spree as football has ever seen.
English clubs have broken several records, bolstering themselves with new players in a frantic race to secure the most competitive squads possible.
Teams spent a total of £1.9 billion, breaking the previous record of £1.4 billion set in 2017.
Winger Anthony is now the most expensive signing on the last day of the transfer market after the deal between Manchester United and Ajax for around £82m.
And as many as nine of the 20 elite clubs on the Island splashed out over 100 million for new players, which showed how far ahead the Premier League is financially compared to all other domestic championships.
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— Football on BT Sport (@btsportfootball) September 2, 2022
Nottingham Forest attracted a record 21 new signings in one transfer window, but Chelsea spent the most money – about 260 million pounds (a British record) for Raheem Sterling, Kalidou Koulibaly, Pierre-Emerick Aubameyang and other players.
In second place in terms of expenses, Manchester United remained with 214 million, with which the new manager Eric ten Haag was supported. Apart from Antoni, a serious sum was also paid for Casemiro from Real Madrid.
Those numbers are impressive anyway, but they start to get scary when you compare them to the numbers in the other top leagues.
The costs everywhere else are downright miniscule compared to Albion’s. Premier League teams spent more than those in La Liga, Serie A and the Bundesliga combined.
🚨 The biggest spenders in the summer transfer window:
🏴 8 English clubs in the top 10. 😳
🔝 The Super League is already here and it’s called the Premier League.
— Transfer News Live (@DeadlineDayLive) August 25, 2022
It’s no wonder that by offering such prices, the Premier League is able to pick the best of the rest of the major leagues.
The financial balance of the transfer window has provoked much comment and led some observers to conclude that the Super League already exists – and not elsewhere, but precisely where the fans have most massively united against it.
“Premier League side Wolverhampton spent almost twice as much as European club champions Real Madrid – then they say Super League was a bad thing,” commented one fan on Twitter.
Another adds: “The Premier League is the Super League and they want to keep it that way.”
Spending by England’s elite clubs this summer is 67% more than their investment in last summer’s transfer window. For the first time, net spending by clubs has reached almost a billion pounds, and 49% of all money spent on players in the top 5 leagues has been spent by – you guessed it – English teams.
Let’s compare this impressive 1.92 billion given by the Premier League with its closest competitors.
In second place is Serie A with 749 million for transfers, followed by League 1 with 558 million, La Liga with 505.7 and the Bundesliga with 484.1 million, or four times less than the English.
The Championship is also recovering financially after the corona crisis. England’s second division spent more than twice as much on selection as last summer, and far more Championship players were bought by Premier League sides (19 compared to just six a year ago).
The main reason for such large-scale investments by the English elite clubs is well known – their ever-increasing income from TV rights, which has increased further with new deals for India and Asia, has inflated the total TV package to the amount of 10.4 billion pounds.
All this is happening as Britain is rocked by an inflationary crisis and a painful spike in the cost of living.
“The record spending in this transfer window is a clear indication of the confidence of Premier League clubs. Confidence because the fans are back in the stadiums and a new cycle of the TV rights deal has started,” commented Tim Bridge of the sports business group at Deloitte.
“It has become necessary in the Premier League for clubs to spend significant sums to perform at their best. This season the desire to raise the class has reached new levels because the pressure on clubs to be competitive is higher than ever.” .
Nottingham Forest have spent £126m on players and this is the third time an elite newcomer has spent over £100m on his way into the top flight.
“The high spending of these clubs trying to keep their place in the Premier League is an indicator of the increasing distance between this championship and the Championship. The financial impact of the pandemic, which was stronger on the Championship than on the Premier League, helped the trend. league,” says Bridge.
David Aganso, the president of the international football union FIFPRO, points to an increasingly worrying trend related to the large-scale selections carried out by clubs.
More and more teams are trying to force certain players under contract to leave in order to free up budget for new ones.
“This is one of the most shameful aspects of the clubs’ abuse of certain players. Solutions must be found to stop this harassment,” Aganso points out.
The European Super League project collapsed in April last year, hours after it was officially announced.
Since then, Real Madrid, Barcelona and Juventus have remained the only clubs that continue to openly support such a concept. It is expected that sooner or later they will come on the scene with a new idea in the same direction.
The question is how far the Premier League will have progressed by then – and whether there is any way to limit inequality in football at all.