The English Premier League is the center of gravity for professional football. In recent years, clubs from across Europe have been flocking to England in order lay their futures at our feet and it seems like they’re not disappointed because according to numbers presented by SportBettingSites – an online betting site that tracks transfer spending- last year’s championship winners were awarded $1 trillion more than second-place!
Arsenal Spend $206.7m On Player transfers In 2021
The English clubs are spending more than ever before to take back their place as the best in global football. The financial might of these organizations has never been greater, with a billion dollars going towards player transfer fees last year alone!
The English Premier League is undoubtedly the most lucrative league in world football and their spending prowess was once again on display last year. According to new data from SportsPro, teams representing England spent $1 386 million while Italy came second with an estimated figure of around 655 Million US Dollars! The most money was spent by Arsenal on summer transfers which hits more than 200 million dollars.
The Italian clubs from Serie A and lower leagues spent a total of $667.7 million on transfers in 2021, which is 48% more than the amount paid by English clubs at just over two-thirds as much!
The top five European leagues in terms of transfer spending over the past year were as follows: French clubs come third with $511.8m, Germany’s fourth at 450 million dollars and fifth is Spain’s La Liga which recorded an all-time high for themselves with their transactions reaching 400+ Million Euros!
The Spanish giants Real Madrid and Barcelona have been keeping their wallets tightly sealed for the past year, preferring to invest in other players rather than paying top dollar. This has allowed lower-ranked teams like Spain to come up with an impressive transfer outlay of $347 million dollars!
The United States has been making waves in sports lately, with the American soccer league (MLS) ranking seventh on this year’s list. This is an encouraging sign for those who want to see more athletes from around these parts competing internationally!