Premier League Could Hit 1bn Spend On Players

Manchester United and Real Madrid's failure to organise a transfer in a window offered a modern twist to a familiar tale of brinkmanship, with David De Gea's return to Spain foundering via FIFA's online transfer matching system, rather than a malfunctioning fax machine. English clubs have once again spent a record sum on players this summer and, once the January sales are over, could be heading for the first 1bn season. If it doesn't happen this year it won't be long coming, as Premier League clubs enjoy the fruits of record broadcast income, and are charged a hefty premium by selling clubs across Europe and beyond as a result.
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