Why, and how, Premier League clubs are still cutting back despite record net spend
Briefly

Why, and how, Premier League clubs are still cutting back despite record net spend
"The Premier League dominated the spending, which isn't surprising given its annual revenue of €7.14 billion is nearly as much as the next two highest grossing leagues -- LaLiga, with €3.651bn and Germany's Bundesliga, with €3.619bn -- combined. According to Transfermarkt data, the English top flight's net spend -- defined as "transfer fees spent on acquiring players minus transfer fees received on moving players out" -- stood at €1.512bn ($1.76bn), which is a record amount even when you adjust for inflation."
"A word of caution on all these numbers. First, very few transfer fees are actually public: we relied on the Transfermarkt website, which is respected but not infallible. And two, increasingly popular factors in the way transfers are structured -- with things like "conditional fees" and "loan-with-obligation" -- further muddy the waters. (More on this later)."
"Also, bear in mind that in some territories (like Saudi Arabia and Turkey), the window is still open, so some net spend numbers might come down. That said, in terms of broad trends, the data is consistent and there is no arguing that the Premier League just went on a massive spending spree. Indeed, this year's net spend was nearly twice as high as a year ago (when it was a meas"
European transfer activity surged, led by the Premier League's record net spend of €1.512bn, dwarfing other top leagues. Serie A recorded a €73m net spend and LaLiga €44m, while Bundesliga and Ligue 1 posted a combined net income of €525m. Revenue disparities underpin the English market's dominance, with the Premier League's €7.14bn annual income nearly equaling LaLiga and Bundesliga combined. Transfermarkt figures were used, but many fees remain undisclosed and complex deals like conditional fees and loan-with-obligation clauses obscure true values. Windows still open in some territories could alter final totals.
Read at ESPN.com
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