Thursday briefing: Premier League executives warn of liquidity risks after €4.1 billion spending

Concerns over liquidity in English football are growing after Premier League clubs spent over €4.1 billion this summer, with executives alarmed by transfer structures that defer payments for several years, according to The Independent.

Sources described how multiple deals did not require buying clubs to make any payments this season before meeting instalments in subsequent years. Selling clubs, meanwhile, could account for the full value of a transfer immediately, adding to concerns ov