MPs have branded the Premier League's £2BN transfer spending spree as 'obscene' and insisted the game needs be 'brought back down to earth' as the country braces for a cost-of-living crisis.
The English top flight broke its own record for the most money spent on new players in the summer transfer window, which closed yesterday.
Fuelled by new owners keen to make their mark, record TV deals and desperation to qualify for the Champions League, or simply to survive in the top division, clubs went well beyond the previous high of £1.