The Great British summer has finally arrived and with it comes the main football transfer window, a time of the sporting year that football fans view with a mixture of amusement at the improbable speculation, excitement as fresh talent signs on the dotted line with their beloved clubs, and frustration as a target decides to ply his trade with a rival team.
It’s also a time when the general public joins the football-mad fraternity in being staggered by the sheer size of modern transfer fees. In the summer transfer window of 2016, Premier League clubs spent an astonishing £1.194 billion on incoming talent. What is the transfer window all about?
Historically, clubs purchased players at will throughout most of the year and there were cogent reasons for modifying the system. Clubs, for example, now need to plan their squad development much more strategically because they …