Robert Orr and Samuel AginiAug 22, 2026 – 5.00amLondon | English Premier League clubs are on course to break the record for transfer spending this northern summer as they hire and fire managers at an unprecedented rate, underscoring the increasingly cut-throat economics of the world’s richest soccer league.With 12 days before the transfer window closes, the 20 clubs in English soccer’s top flight have spent a combined €2.7 billion ($4.4 billion) on transfers ahead of the new season, which kicks off on Saturday (AEST).Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles