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What can do I do to pay less for players. I always feel I'm overpaying for players.
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check out when their contracts are ending, then when there is around 6-9 months left start praising them in the media, then they will (often) sign with you on a bosman.
also, try to avoid some of the big name players, there are plenty of good players who are similar (or better with the right training) running around but you can pick them up for less than a quarter of the price.
i may love Stevie G like a God, but i wouldn't opay 200M Euros for him!