European Soccer Teams Spent $2 BILLION On Players Alone This Summer

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Deliotte estimates that first-division clubs in England, Spain, and Italy spent nearly $2 billion on player transfers this summer.

England led the way, with the 20 EPL teams spending $790 million combined — a 33-percent increase from last year.

Five clubs — Manchester City, Manchester United, Chelsea, Liverpool, and Arsenal — accounted for two-thirds of the league's total bill.

The transfer window closed yesterday at 11 p.m., meaning no more players can be bought or sold until January.

Click here for some more wild Premier League facts. >>

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