French clubs smash transfer spending records

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Paris (AFP) – Clubs in the top two divisions in France spent a record 697 million euros ($830mn) in the close season, the French league (LFP) announced on Monday.

The total expenditure was more than four times the amount spent by French professional teams 12 months ago, led by Neymar’s world-record breaking move from Barcelona to Paris Saint-Germain for 222 million euros.

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