Clrnc Basically spending like Chelsea and City in their hey days
This is a mental assertion.
There's been enough videos and articles this summer about 'how are Arsenal spending so much?'. I'd recommend you go watch or read one of them.
The short answer is no, we're not artificially inflating our commercial income, and no, we're not racking up well over 1bn in debt to our owners. In fact the only debt KSE have taken on is the pre-existing stadium loan.
There's factors that have allowed our massive outlay at are unlikely to continue, our wage bill is going to grow quite a bit for a start.
The good news is having the youngest squad in the league should mean that we should be able to focus our spending, so if we just wanted to sign Osimhen next summer...