Saudi Arabia’s entry into the world of English soccer had been going so well. Newcastle’s first full season following the controversial takeover by the kingdom’s Public Investment Fund in 2021 saw a recently relegation-threatened club soar, first reaching a cup final and then surpassing expectations by finishing fourth in the Premier League last May to qualify for the lucrative Champions …
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European transfer deadline day sees Premier League spending power significantly reduced
MANCHESTER, England (AP) — The January transfer window closed on Thursday with the Premier League’s spending power considerably down on previous years. Based on reported fees, top-flight clubs in England spent around $120.55 million on signings, not including loan deals. A year ago, Chelsea’s $357 million mid-season spree was part of a league record outlay of around $831 million. Figures …
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