Serie A clubs spent €1.14bn on the transfer market this summer, second only to the Premier League.
According to Panorama, Serie A clubs spent €1.14bn during the just closed Mercato, considerably more than the €907m from a year ago.
It is a massive leap forward, considering Serie A spent just €335m in 2014, then €608.8m in 2015 and €707.35m in 2016.
Juventus opened their wallets the most with €250m, over €100m of that going to Real Madrid for Cristiano Ronaldo, €40m for Joao Cancelo, another €40m for Douglas Costa and €35m for Leonardo Bonucci.
The Ballon d’Or winner is the most expensive player transfer of the summer throughout Europe and the only one to go beyond the €100m mark.
Roma were the second biggest spenders in Serie A, shelling out €136m in 13 different transfers, but thanks to sales of Alisson and Radja Nainggolan, the books remained balanced.