Not quite that simple.
The EPL has spending rules just not as strict as La Liga.
The likes of Everton have one of richest owners in league and cant spend everything he would give them as they have been restricted by spending rules in league past couple seasons.
If Chelsea give Kounde and Koulibaly 20m each a season and have transfer fees of 100m for both that wont come with no consequences due to billionaoire owners.
Chelsea pay for it from the most productive youth academy in the world. They are forever selling young players for big money... latest being Broja who is being linked with 25m move away.
Obviously it is the huge spending of Abramovich that allows for that youth academy in past so all linked but it isnt as easy as just having billionaire owners writing off the costs of players signed.
Sure, but I was talking about debt, not spending power. Those clubs privately owned can clear off their debt or pay off a big portion of it, if their owners choose to.
Certainly they can also take loans like Chelsea and even City (I believe I read something about them taking some sort of loan last year) did, perhaps because their owners deemed it is cheaper to take loans and repay later rather than moving their own money around to fill their clubs' coffers, I guess.