Wenger explains increase in Premier League transfer fees

Date published: Wednesday 19th July 2017 8:40

Arsene Wenger says that transfer fees increasing is a direct consequence of the Premier League “being rich”.

England’s top flight clubs account for five of the nine biggest transfer spends so far this summer.

In terms of single fees, Premier League clubs have spent at least £30million on nine individual players. The rest of Europe as a whole has done so four times.

Arsenal have already made a statement of intent this summer by signing France forward Alexandre Lacazette from Lyon for a club-record fee.

Wenger said the eye-watering sums being spent in the transfer market come from selling clubs demanding large figures from Premier League teams.

“For the amount of money that the Premier League spends, it’s linked with the fact that when people know that you have money, they want a lot from you,” Wenger said.

“That’s just a fact and the consequence of the Premier League being rich. That explains the (transfer fees).”

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