Premier League clubs dominate summer transfer spending with record investment

English Premier League teams spent $4.7 billion on 315 new players during the summer transfer window that closed Tuesday. This total exceeded the combined spending of clubs in Italy, Germany, Spain, and France. Nine of the 13 clubs across Europe with a net spend exceeding 100 million euros were based in England. The Premier League’s financial structure, driven by broadcast revenue and an equitable distribution system, allows clubs to maintain high spending levels. Trading between domestic rivals has increased, with the three most expensive deals involving moves between Premier League teams, including Enzo Fernandez to Manchester City and Morgan Rogers to Chelsea., the league has transitioned from profit and sustainability rules to a squad cost ratio system that restricts spending on transfers and wages to 85% of club revenue.

• 5:33 PMYahoo Sports — Wild Transfer Window Shows How Premier League Towers Over Soccer