The CIES Football Observatory have presented their latest report and it looks into the transfer window just closed, amongst their findings it names the 10 European clubs with the biggest net spending this summer in the big five European leagues (England, Germany, Spain, France and Italy).
The 10 who feature include many predictable names but also a couple of surprising ones…
CIES Football Observatory net spending club by club (figures in euros):
€343m PSG (€418m spent & €75m incoming)
€189m AC Milan (€250 and €61m)
€186m Man Utd (€197m and €11m)
€173m Man City (€282m and €109m)
€106m Chelsea (€236 and €130m)
€68m Bayern Munich (€102m and €34m)
€62m Marseille (€66m and €4m)
€54m Brighton (€54m and €0)
€51m Liverpool (€105m and €54m)
€48m Huddersfield (€55m and €7m)
The move up from the Championship to the Premier League is universally acknowledged as by far the most valuable in World football.
It then also produces the biggest challenge as well for the promoted clubs, how to get a foothold and stay up in that first season, when fighting against 17 clubs who have already had a chance to build up a Premier League standard squad due to investing in their squads.
The answer is obvious, promoted clubs have to spend big to give themselves a realistic chance of staying up.
Brighton had net spending of €54m, the eighth biggest in Europe, and Huddersfield €48m, the tenth largest in Europe.
In contrast, Mike Ashley allowed a net spending of only €12.5m.
The bottom line is that the other two promoted clubs are investing in advance some of the money that they will receive this season from their Premier League/TV payout, to give themselves the best chance of survival.
Newcastle have not, as Ashley refused to back Rafa Benitez as he had promised to do.
To put the individual clubs’ spending in context, just look at what the figures say when you compare the spending of each league/country.
CIES Football Observatory net spending league by league:
€835m Premier League (€1,771m spent & €936m incoming)
€139m Serie A (€1,109 and €970m)
€81m Bundesliga (€671m and €590m)
€55m Ligue 1 (€916m and €861m)
+€9m La Liga (€684m and €693m)
The money/spending power of the Premier League is really shown here and why it is no surprise to see six Premier League clubs in amongst the 10 biggest net investors in their squads.
The average (gross) spent by each Premier League club was €88.5m and €41.75m the average net spending.
Yes, some other Premier League clubs had a lower net spend than Newcastle, or even made a profit, BUT their situation is totally different, they already have a squad of Premier League players, who at the very least have shown they can survive in the top tier.
Hopefully Rafa Benitez can use his expertise to enable Newcastle to battle against the odds but if NUFC are struggling by the time January comes around, it will be interesting to see if Ashley then repeats his previous strategy of then belatedly allowing money to be spent when relegation looks imminent.