Spending bizarre amounts is the only way to bring success nowadays. But it's who you spend it on that matters.
It's a shame, because football is in a poor state. How on earth do we bring young English talent through? I watch my 10 year old brother travel up and down the country every week with his academy, and train 3 days a week after school, yet he probably has less than a 1% chance of making it to the Premier League. It's so sad... I hate the way football has become money driven.
Given how simply being English can double a player's fee I don't think that developing players doesn't make sense financially for clubs. Because no one really seems to do it in England it's probably even a lot more beneficial for PL clubs than it is for their German or Spanish counter parts which focus on it heavily anyway.
Unless you're talking net spend and include the wage bill any comparison is basically worthless.
I definitely see the point in including wages, but why net spend? This diagram is (probably) designed to show you how effectively clubs spend their money, for that you don't need to know where it came from.
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