Masters denies Premier League transfer spending is damaging European football
In a statement, Richard Masters, the Premier League's chief executive, has refuted the notion that the league's high transfer spending is detrimental to European football. Masters argued that the Premier League's financial prowess "breathes life" into rival competitions, rather than suffocating them. Masters emphasized the Premier League's global standing and outlined plans for the league's continued expansion. He dismissed the idea that the league's spending is harming the European game, stating, "I don't see how it's suffocating [the European game]." The chief executive's remarks come as the Premier League maintains its position as one of the world's most financially dominant football leagues, with its clubs frequently engaging in high-profile and costly transfers.
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