The 2017 summer transfer window will go down in history as the most free-spending in history - with Premier League clubs accounting for £1.4 billion in business.
In Europe, Paris Saint-Germain smashed the transfer record to sign Neymar for a reported £198 million, and Arsene Wenger said he believes a tipping point has now been reached.
“Something will happen,” the manager said. “It is for the first time that yesterday politically the German prime minister came out and the president of Uefa came out. I think politically something will happen in the next 12 months to regulate and limit the transfer amount.
“You have to go one of two ways – regulate it properly or leave it completely open. But you cannot be in between – that is where we are at the moment.
“That is only to the advantage of some clubs who can deal with rules in a legal way. The regulation has to be stricter and clearer, or open it completely: you can do what you want provided you can guarantee you have the money to pay.
“At the moment, we are a bit in between and that does not work.”
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