The Value Perspective: What Alan Shearer has to teach us about inflation

What is the priciest Premier League transfer ever?

clock • 4 min read

The transfer fees football clubs are willing to pay nowadays may have you shaking your head in disbelief but Andy Evans has a similar reaction when he sees people seemingly unmoved by what inflation does to their cash

So who are the world's three biggest spenders on defence these days? That's right - the US, China and … Manchester City. Boom, boom. Yes, we may still be a fortnight away from the start of the 2017/18 English Premier League season but of course it has been generating back-page headlines for weeks now thanks to the multi-million-pound transfer fees that appear to grow ever more incredible with each passing year. None has - yet - surpassed the £90m-odd Manchester United paid for Paul Pogba this time last year, but the club has again led the way, shelling out £75m for Romelu Lukaku. O...

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