Let's get this one out of the way...
All sorts of fake money records were broken in 2016/17.
Income
A new record for the total income in a season came in at just over £660m. That was boosted by a new team record of £142,500,000.
Four other teams saw receipts of £50m+.
Expenditure
Another record here as total spending was bang on £700m. That was driven by two clubs shelling out more than £100m (one broke the league record). Three other teams spent more than £60m.
At the other end of the scale three teams spent less than £100m.
Business
After all that, and if you're good at maths, you'll see that there was only a deficit of just less than £40m. Five teams turned in a profit on transfers and seven were down by less than £10m.
Were there not that many good players coming into the league? Or should we expect a splurge at the August auction?
Overall losses on transfers since 2006/07 are over £1.6bn in case you're interested. A few teams are closing in on half a billion in expenditure.
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