Premier League teams not afraid to spend huge money now

Premier League transfers

The Premier League transfer business means that clubs are not afraid to spend over £100m to capture players as it keeps pace with the rest of Europe and the big money coming into the game from the Saudi Pro League.

Moises Caicedo’s move to Liverpool or Chelsea makes him the third-highest transfer in football history. The Reds’ potential late ‘hijacking’ of the star midfielder, from under the noses of Chelsea will raise some eyebrows considering it wasn’t long ago that manager Jurgen Klopp was openly saying that the huge transfer fees being paid out was not a road that his club would go down.

British Record

The £111m deal will be a British transfer record, surpassing that of Chelsea paying £107m for Enzo Fernandez. The deal also goes past the amount that West Ham made when cashing in on Declan Rice when Arsenal came calling, which also usurped the Manchester City signing of Jack Grealish from Aston Villa.

Brighton and Hove Albion had already sold World Cup winner Alexis Mac Allister to the Anfield side for £35m, and now this potentially pairs the two players together again in the heart of a midfield that needed a fresh look. The Seagulls had turned down a trio of bids from Chelsea, who were reluctant to match the huge valuation put on the Ecuadorian until now.

Big money in Europe

The days of the £100m transfer fee is now well upon us. In the past five years, the market in Europe has seen five high-profile players pass that mark, the most notable being the huge £198m that PSG paid Barcelona for the services of Neymar. Now though, it seems the Premier League is breaking the bank, and it is hard to tell when this activity will end.

Caicedo has made his intentions clear since January, and it was Arsenal who first expressed interest, but their early bid was nowhere near Brighton’s reserve price. This paved the way for Chelsea to step in, but again they were shunned. Now things may finally be coming to an end.