Premier League clubs shatter world transfer spending record for single window with outrageous summer spending spree

PREMIER LEAGUE clubs have smashed the world transfer spending record with their astronomical outlay this summer.

The 20 top flight teams have spent an eye-watering £2.34BILLION across this summer’s transfer window according to financial firm Deloitte.

And the crazy outlay has surpassed last summer’s record spending by a whopping £440m.

Arsenal and Chelsea both signed £100m+ players in Declan Rice and Moises Caicedo.

With Caicedo breaking a record himself by becoming the most expensive Premier League signing ever at £115m, surpassing the £107m set by his teammate Enzo Fernandez last season.

And it’s no surprise that it’s Chelsea who have been breaking records with The Blues splashing an unfathomable £390m - more than anyone else in the league.

But they were able to offset their incomings with some significant exits - Kai Havertz, Mason Mount and Mateo Kovacic are just a few of the players who left Stamford Bridge during the window.

Elsewhere Tottenham were the league’s second highest spenders after they managed to cash in on over £100m from Bayern Munich for the transfer of Harry Kane.

They re-invested that money and then some, spending over £200million on the likes of Brennan Johnson and James Maddison.

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Luton Town were the top flight’s most frugal side spending a comparatively measly £20million all summer.

But they still managed to bring in 12 new faces to Kenilworth Road for their debut Premier League campaign.

There was big money signings all over the league with Manchester United dropping £72million on Rasmus Hojlund and their neighbours Man City forking out almost £80m for Josko Gvardiol.

And it hasn’t gone unnoticed by football fans with many taking issue with the crazy numbers being bounded about.

One fan on social media said: “They are ruining football.”

Whilst another added: “Football is becoming a money game, it’s inevitable. Sad but impressive at the same time. Can’t deny it’s the biggest league in the world though.”

There was £255m spent on deadline day alone with big name signings like Ryan Garvenberch to Liverpool and Alex Iwobi to Fulham getting over the line.

Nottingham Forest made SEVEN signings on deadline day as teams made a mad rush to improve their squads before the window slammed shut.