Premier League clubs spent a record 2.36 billion pounds ($2.97 billion) on new players in the transfer window that closed on Friday night, according to analysis from Deloitte.
The transfer window, which was open from June 14 to Sept. 1, exceeded last year's record 1.92 billion pounds, with the top-flight clubs spending 255 million pounds onPremier League clubs were responsible for 48% of the spending across Europe's top five leagues including Spain's LaLiga, Italy's Serie A, Germany's Bundesliga and France's Ligue 1.
"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 pounds, eclipsing the 106 million pounds they paid to sign midfielder Enzo Fernandez in January.
Last season's runners-up Arsenal splashed out 65 million pounds on forward Kai Havertz, followed by 105 million on England midfielder Declan Rice, while Manchester United spent 72 million on striker Rasmus Hojlund.
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