Serie A splashes the cash as Italy’s clubs chase Europe’s big spenders
ROME, Aug 28 — For Italian football this has been a chastening year, yet, ahead of a likely frenzy before their tr...
Italian football has faced a challenging year, but Serie A clubs have been vying to match the financial prowess of Europe's top leagues heading into the September transfer window closure. According to Transfermarkt, Italian teams spent over €1 billion, surpassing Spain's La Liga and the Bundesliga. The 20 Serie A clubs collectively incurred a loss of nearly €430 million, while Spain's total was around €300 million, and the Bundesliga and Ligue 1 reported profits.
English clubs led the spending with €3.2 billion, outpacing all other leagues combined. Serie A's biggest spenders, AC Milan, have reportedly invested €160 million so far, eclipsing Juventus' spending by a narrow margin. Manager Ruben Amorim hinted at further signings and stressed the importance of developing young talent, rejecting the idea of quick fixes.
Despite Italy's absence from the World Cup, five of the six biggest spenders began their season on a winning note, while Fiorentina suffered a loss against Roma.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
