The latest TV money has only enabled the league to go even higher in terms of the transfer outlay. The transfer window may have officially opened only on July 1, but several clubs have already done their summer purchases. Here are some of the top names to have made the switch in the 2017-18 summer transfer window so far.
The Belgian international could become the world's most expensive player at £90 million, if his performances at Manchester United trigger the several bonuses agreed by the Red Devils to sign him from Everton. The base fee is at £75 million, which already makes him one of the most expensive in the world.
The 24-year-old striker was at the centre of a battle between Manchester United and Chelsea – a result of scoring 25 goals in the league last season. Lukaku's biggest strength is his physicality, and he may very well be converted into the next Drogba.
Arsenal do not break their transfer record often, but the club obviously felt that they could not miss out on Alexandre Lacazette's availability. The Lyon striker has been linked with a move to top European clubs for several years, but he has finally made the switch at 26 years of age.
He has been one of the prolific scorers in the French Ligue 1 over the last couple of years. He has scored an astonishing 76 goals in his last 97 league appearances. Even though he has cost £46 million, there is a reason for Lacazette to be considered as a bargain signing if he manages to replicate this goal record at the Emirates stadium.
Eyebrows were raised when Everton paid an incredible £25 million for Jordan Pickford, but there is little doubt that the former Sunderland goalkeeper is on his way to greatness. At 23 years of age, he has the best part of more than a decade ahead of him. The transfer fee will be a huge weight on his shoulder, as he has just cost more than David de Gea and Manuel Neuer. Yet, Everton have had to pay this fee in order to sign a highly talented goalkeeper who will also fit into the home-grown players rule.
Bernardo Silva has been one of the first signings of the summer, as he made the £43 million switch to Manchester City. He had been linked with a move to the Premier League ever since playing a vital role in Monaco's incredible 2016-17 season.
It was widely acknowledged that the pacey winger would be able to improve any team in the division, and City manager Pep Guardiola made it a priority to sign him before the likes of United. Considering the transfer fees that have been spent on several mediocre players in the summer transfer window, City will be reasonably pleased with their outlay on Silva.
Things did not go well for Liverpool when the club last broke their transfer record with the signing of Andy Carroll. However, there is confidence among the Liverpool faithful that the club will finally be able to win the Premier League with the addition of Mohamed Salah.
There is already significant money going into the English Premier League live odds that back Liverpool for the title. Of course, one signing alone will not help make Liverpool title contenders ahead of the likes of City and Manchester United, but the arrival of the former Chelsea winger is certainly a step in the right direction.
Manchester City and Pep Guardiola knew that they had made a massive mistake with the signing of Claudio Bravo, who had cost an incredible £17 million from Barcelona last summer. However, City have not shied away from almost breaking the world transfer record for a goalkeeper in the efforts to find a replacement for Bravo. Ederson comes with a huge weight on his shoulders, as he has cost a quite incredible £30 million – just £3 million less than Gianluigi Buffon. Still only 23 years old, the Brazilian will have to prove that he is much better than some of his international compatriots from the Premier League.
After a lot of back-and-forth decisions, Victor Lindelof finally became a Manchester United player after making the £31 million switch from Benfica in the summer. He will reinforce the central defence at Manchester United which has witnessed numerous injury problems in the last couple of years. Even as early as back in January, it was rumoured that Jose Mourinho was keen on adding Lindelof with Eric Bailly. Unsurprisingly, the Swedish centre back was the first major signing of the summer for United.
It was a huge surprise when it became apparent that Chelsea would let go Nathan Ake – one of the best defenders to come out of their youth academy in recent years. While the club received a hefty £20 million fee for the player who made less than 20 appearances for Chelsea, it is seen as a sharp move by Bournemouth.
Nathan Ake impressed during his time on loan at the club, and playing regularly will be a major boost to the player's confidence levels. He has a Premier League title under his belt already, and Nathan Ake can be invaluable to Bournemouth’s bid to stay in the division.