Manchester United are once again in a spot of bother following a poor start to the new season under Erik Ten Hag. United’s constant struggles on the pitch are further exacerbated by their poor spending in the transfer market.
As per the transfer figures, United have had a net spend of almost €1.4 billion(€1396 million) on transfers during the past decade. No other club has come close to United’s level of spending in the past decade.
United are followed by their Premier League rivals, Chelsea, in the second spot. The Blues have undertaken an unprecedented spree of transfers following their recent takeover. However, their recent splurge was only enough to land them a spot behind United. With a net spend of €1033m, Chelsea comes second on our list.
French giants Paris St-Germain are third on our list with a net spending of €1010m. Their spending makes PSG also the biggest spender outside of the Premier League during the past decade. PSG are followed by the top two Premier League sides from the last season, Arsenal and Manchester City, with net spends of €871m and €856m, respectively.
Newcastle United, who have recently come under the new ownership, have also made their way into the list. The Magpies have significantly spent on transfers during the past two seasons, taking their net spend to €671m. Spanish giants Barcelona are just behind Newcastle with a net spend of €663m.
The bottom three spots are occupied by two sides from England and one from Italy. Tottenham feature in the eighth spot with a net spending of €609m. Italian giants AC Milan are next with a €545m expenditure on transfers. West Ham United are last with a €527m net outlay on transfers.
Vyom Chaudhary, sports editor at SafeBettingSites.com, commented: “It’s not a surprise to see Premier League clubs dominate the list. However, the net spend from Manchester United clearly raises eyebrows. Despite having spent the most on transfers during the past decade, United have failed to build a single sustainable project.”