It isn’t exactly a secret when it comes to how much ‘ambition’ was shown Newcastle United this summer.
Rather than properly investing in the squad, Mike Ashley decided to insist on a profit in excess of £20m being made on transfers in and out.
However, how does the cost of building Newcastle’s overall squad compare to the rest of the Premier League and indeed those in the other major European leagues?
Football finance specialists the CIES Football Observatory, have published a report showing the most expensive 98 club squads from the five major European Leagues (England, Spain, Italy, France, Germany), based on the transfer cost each one has spent to build them.
Obviously the figures won’t be exact to the penny but they use the same criteria and sources in terms of building their data.
The power of the Premier League is transparently obvious, at least in terms of money.
The top 11 features seven English clubs, with only PSG, Real Madrid, Barcelona and Juventus included.
Manchester City are almost at the Billion mark in terms of Euros spent on their current squad, with 976m Euros (£868m) the estimated amount they have spent on the players they now have.
Quite incredibly, apart from Cardiff, all the other 19 Premier League clubs are in the top 42.
Newcastle United find themselves in 37th place overall and 16th highest of the PL clubs, on a figure of 135m euros (£120m), behind the likes of Brighton and Bournemouth.
The only PL clubs that have spent less to build their current squads are Wolves and Burnley (both 126m euros (£112m), as well as Huddersfield (110m euros – £98m) and Cardiff (59m euros – £52m).
The current Premier League table shows the bottom four also feature in the five cheapest squads, Wolves the exception as they are in 9th place in the PL table.
It is quite incredible to compare the situation in England compared to some of the clubs on the continent, with the likes of Fortuna Dusseldorf playing in the Bundesliga with a squad that cost only 10m euros (£8.9m), the same being the case with Real Valladolid in La Liga, also with a squad that only cost 10m euros (£8.9m)
CIES Football Observatory table of clubs in big 5 European leagues based on transfer cost to build current squad:
CIES Football Observatory:
‘Manchester City has spent almost €1 billion in transfer indemnities to sign its present squad members (add-ons included). This is the highest figure ever measured for a football team. Issue number 233 of the CIES Football Observatory Weekly Post presents the data for all of the big-5 league teams.
Seven English Premier League teams are in the 11 top positions of the table. The biggest increase compared to last year was measured for Liverpool (from €437M to €704M). The Spanish giants (Barcelona and Real Madrid), Juventus and Paris St-Germain (2nd overall) are the only non-English teams in the top 11. The best-ranked German Bundesliga club, Bayern Munich, is 12th.
Total transfer expenditure to make up the squad for clubs from the five major European leagues went constantly up during the last decade. In 2010, a big-5 league had spent on average €67M to sign its squad members. In 2018, this figure reached a new record high of €161M. During the same period, the amounts invested to assemble the squad by English Premier League clubs went up from €126M to €326M.’