Football inflation adjusted Premier League net spend of clubs shows zero ambition under Mike Ashley
On Wednesday we published the total Premier League net spend of all the top spending clubs.
The figures covered the entire Premier League era.
Running from 1992 up to 2018, the latest available figures.
Kieran Maguire lectures in football finance at Liverpool University and also has his own Price Of Football website.
He put together the following table…
However, Kieran Maguire has now done a follow up, saying:
“Yesterday (Wednesday) I put out net spend totals since creation of the Premier League and many Manchester City fans claimed it was the ‘most useless statistic in football’.
“So I’ve adjusted the numbers for football inflation (rise in income since 1993) and these are the new numbers.”
Kieran then commenting on the differences then shown between the two tables, once football inflation factored in:
“This compares to the original figures.
“All the numbers have gone up with the exception of Newcastle, who have had so many years of negative net spend theirs went from £274m to £227m.”
This of course tells the true story of Newcastle United and ambition in the top tier, shown by the football inflation adjusted figures.
The Mike Ashley era/seasons that Kieran Maguire refers to, dragging Newcastle United down to 12th in this adjusted net spend table, only fraction above Crystal Palace and way behind the likes of West Ham, Stoke, Leicester, Villa, Everton and the rest.
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