European Clubs Break $6 Billion Barrier On Summer Transfer Spending

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Antoine Griezmann’s move to Barcelona was one of the biggest transfers of the summer. (Photo by Jose Breton/Pics Action/NurPhoto via Getty Images)NurPhoto via Getty ImagesEurope’s top soccer clubs are spending more than ever on new players.Teams from Europe’s ‘big five’ leagues – the Premier League, La Liga, Bundesliga, Ligue 1 and Serie A – spent a record €5.5 billion ($6b) in the 2019 summer transfer window, according to analysis from Deloitte’s Sports Business Group.Though the increase is small, up around €0.9 billion ($0.98b) on the previous record set last summer, it reflects the ever-growing wealth of those at soccer’s top table. Teams from the English Premier League, the world’s richest league, were again the biggest spenders overall. Premier League clubs spent €1.55 billion ($1.7b) on new players, just short of the record transfer window expenditure set in 2017.The most expensive individual capture of the summer was Harry Maguire, who moved to Manchester United for $97 million, a world-record fee for a defender. Arsenal broke their t

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