The premier league spending grossfallen for the second year in a row.
According to analysis from Deloitte, this year saw clubs in the English top flight splash out £1.1 billion ($1.5bn) on new signings throughout the summer transfer window – a reduction in spending for the second year in a row.
READ ALSO; Ronaldo Has More Instagram Followers Than Every Premier League Club Since Joining Man United From Juventus
It is the English premier league’s lowest summer spend since 2015 .
It’s an 11 per cent drop from last year’s gross expenditure on transfers, which was 9% lower than the previous year, meaning spending has declined for consecutive years for the first time since 2008 to 2010
