We've reached a point in European football where the Premier League has by far the biggest spending power among the big five leagues. It had been a gradual push in the 21st century, before the COVID-19 pandemic truly solidified things. Ultimately, Premier League clubs were able to power through despite the loss of income from having no fans in the stands due to their massive TV deal, which wasn't the same case elsewhere in Europe. Even with a stagnation in domestic TV money from the latest contract, they are still set up better than the other major European leagues (especially when also accounting for international rights).

The behavior of recently promoted clubs is an example of how much things have changed. Sunderland have forked over around £100 million in the hopes of avoiding r

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