The Premier League has once again outspent its rival European leagues by a huge margin, despite transfer fees falling for the second summer window in a row.

The 2021 summer window has been one of the wildest in recent history, with all-time footballing legends Lionel Messi and Cristiano Ronaldo both change clubs.

Ronaldo and Messi both sealed shock transfers this summer

French Ligue 1 runners-up PSG have completed arguably the most blockbuster window in the game's history. As well as signing Messi, they added Sergio Ramos, Gianluigi Donnarumma, Achraf Hakimi and Gini Wijnaldum to their ranks.

However, Hakimi's €60million (around £51.6m) move from Inter Milan saw a transfer fee involved, which allowed the Premier League to once again dominate European net spend.

Accounting specialists Deloitte have run the numbers, putting the Premier League top on net spend with £560m, followed by Spain's La Liga £55m, Italy's Serie A £52m and France's Ligue 1 £15m. Germany's Bundesliga surprisingly made a £34m profit.

The Premier League saw it's transfer record smashed by Jack Grealish's £100m move from Aston Villa to Manchester City, which was quickly followed by Romelu Lukaku's £97m return to Chelsea from Inter Milan.

Grealish joined Man City for a record-breaking £100m this summer

Total spending between Europe's 'big five' leagues has gone down for a second year running according to Deloitte, with £2.58billion in total spent.

This represents a drop from the £2.79bn spent last year during the first wave of the COVID-19 pandemic, which was also down from the record-breaking summer of 2019 that saw an outlay of £4.73b.

Spain's La Liga could have comfortably secured its second place in the spending charts had PSG accepted Real Madrid's £170m bid for Kylian Mbappe, but the Frenchman is likely to go for free next summer instead.

In the Premier League Aston Villa, Brighton, Chelsea, Everton, Southampton and Wolves were the only sides to make a profit this summer while Arsenal spent the most of any team by outlying £149m.