Premier League Summer Player Spending Up for Sixth Year
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The spending spree has been sparked by a new £5bn three-year television deal, which begins this season.
Each club can expect to receive between £30m and £50m from the Premier League for 2016-17 as a result of the TV deal.
"TV money is obviously one big factor when it comes to the increasing trend in spending over recent years," said Harry Philp, a sports finance expert at Portland Advisers.
"But there are other issues, including the number of wealthy foreign investors who have come in and taken over English top clubs, such as at Manchester City.
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