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@Manc_Ronnie
United's new spend is offset by £80m for Ronaldo. They do eschew spending big as part of a club culture, but because Uncle Malcolm and sons are busy siphoning it off. Has any other team in this country even come close to paying £19m for a goalkeeper ?
Arsenal used to be big spenders, but in the glory era under Wenger preferred to have a large wage bill of cheap but good players from Europe.
Barcelona have pissed away a fortune, though have got good/lucky at spotting young talent of late.