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The “obscene amounts of money” in modern football is “madness” according to former Tottenham, West Ham and Stoke City winger Matthew Etherington. Premier League clubs spent £1.165bn on players in the summer transfer window, smashing last year’s record of £870m. 13 Premier League clubs have also broken their transfer records. “I thought that two or three years ago it would hit a peak and level out, but it seems to be getting higher and higher,“ Etherington said. Premier League clubs have benefited from a record £5.1bn television deal which came into effect this season. This clip is originally from 5 live Breakfast on 01 September 2016