Premier League clubs net spending top 10 – Newcastle United and Sunderland make all-time list
A new report shows Premier League clubs net spending.
The 10 clubs who since the Premier League era began in 1992/93 have the biggest net spending.
Football finance expert Kiaran Maguire has put the table together, showing over the course of 27 years who has spent the most on transfers after taking into account what they have banked from selling players.
Kiaran Maguire lectures in football finance at Liverpool University and also has his own Price Of Football website, here are the top ten with net spending from 1992/93 onwards:
£1,341m Man City
£1,116m Chelsea
£954m Man Utd
£942m Liverpool
£465m Arsenal
£404m Everton
£255m Newcastle United
£251m West Ham
£241m Aston Villa
£234m Sunderland
As you can see, our friends in League One make 10th place.
They waged a campaign against Ellis Short but his problem wasn’t not making money available, instead it was terrible choices of managers who spent and wasted the relatively big money he made available for signings.
The top five in this Premier League clubs net spending list are no surprise, though Arsenal do lag well behind the other four as their owners have diverted money to paying for the Emirates stadium and aren’t generally so keen to pay the transfer fees the others are paying out in that top group.
As for the likes of Everton, West Ham and Aston Villa, the vast majority of their net spending has come in the last decade, as Premier League revenues have risen, so has their outlay on transfers.
The odd one out is of course Newcastle United.
Since 2007 when he took over, the net spending on players has almost been non-existent under Mike Ashley. Around 90% of the NUFC net spending happened in the years before Ashley took over, when revenues were far less.
Since the Premier League started in 1992/3 clubs have had overall net spend of just over £9 billion on transfers. The 10 biggest net spenders are #MCFC #CFC #MUFC #LFC #Arsenal #EFC #NUFC #WHUFC #AVFC & #SAFC. No sign of #Spurs yet. Top 10 clubs responsible for 68% of net spend pic.twitter.com/2Z1NJtyZXB
— PriceOfFootball (@KieranMaguire) March 20, 2019
Kieran Maguire pointing out that since the Premier League started in 1992/3, PL clubs have had a massive overall net spend of just over £9 billion on transfers.
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