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Chelsea and Manchester City could spend a combined total of more than half a billion pounds in a single transfer window, according to a new report by The Daily Telegraph.
The newspaper reported that Chelsea’s spending is set to pass the £270 million mark with four new signings.
This, combined with reported spending by City in excess of £230 million, could lead to the enormous total from just two teams.
Chelsea manager Antonio Conte welcomed AS Roma defender Antonio Rüdiger and AS Monaco midfielder Tiemoué Bakayoko to Stamford Bridge earlier in the month as part of a £127 million splurge.
The club also broke its transfer fee record to land Real Madrid striker Álvaro Morata for a £58 million fee, topping the previous record of £50 million when Fernando Torres joined in 2011.
And now the club is set to splash even more cash on the four new players, potentially adding another £143 million to the bill, taking their grand total past £270 million.
If it comes to pass, the total would beat Manchester City’s mega-spend of £230 million on five footballers, and take the combined total beyond £500 million.
Chelsea will be aware of how well title rival City has done in its recruitment drive.
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Despite winning the 2016-2017 Premier League title with a seven point cushion, Chelsea is also looking to strengthen its squad ahead of a season that will see the club compete on four fronts, including the UEFA Champions League.
As such, Conte is reportedly determined to sign £60 million-rated Juventus full back Alex Sandro and £60 million-rated Southampton defender Virgil van Dijk.
Additionally, Conte is seemingly after Inter Milan winger Antonio Candreva and Swansea City forward Fernando Llorente, who have a combined £23.5 million valuation according to football think tank CIES Football Observatory.
If Chelsea is successful in signing all four targets for £143.5 million, it would leapfrog City as the Premier League’s biggest spender this summer as it would take their shopping spree to £270.5 million.
Manchester City manager Pep Guardiola has already announced deals for Bernardo Silva, Ederson, Kyle Walker, Danilo, and Benjamin Mendy, among others, for £230 million.