English clubs start to spend new-found riches

Manchester City fans watch their team warm-up before playing ManchesterUnited in their English premier league match at Maine Road November 9,2002. REUTERS/Ian Hodgson/File Photo

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LONDON (Reuters) - English soccer fans used to spend the summer ticking off the hours until the first day of the season in August but now the action kicks off on July 1 when the transfer window officially opens.