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Manchester United Top Transfer Losses Table


English Premier League giants Manchester United have recorded a negative net-spend of £1.19bn in transfers across the past decade, more than any other club in world football according to research institute, CIES Football Observatory.

Of the five highest negative net-spenders since 2014, four of them are Premier League clubs, with French champions Paris St-Germain not among the English top flight. The top ten consists of one Spanish club, that being Barcelona and one Italian club, seven-time European champions AC Milan. 2022-23 Europa Conference League winners West Ham United round off the top ten.

Man Utd are adjudged to have spent a total of around £1.67bn on new signings over the past ten years, but brought in only £481m in return. However, Chelsea exceeds the Red Devils on the spending front, having forked out around £2.25bn for new players under the command of former owner Roman Abramovich and current owner Todd Boehly. The Blues though, have generated £1.37bn in sales which amounts to an overall negative net-spend of £885.5m.

Paris St-Germain’s current negative net-spend currently stands at approximately £865.8m, just below Chelsea, the Parisians having paid a world-record transfer fee to sign striker Kylian Mbappe from AS Monaco back in 2017. Arsenal have recorded the fourth highest negative net-spend, losing £746.9m for a return of just three FA Cup triumphs, whilst reigning European champions Manchester City are said to have accumulated a £733.8m net-loss on transfers in a ten-year period which has seen them win the Premier League title five times and lift a total of 13 major trophies.

Fixed transfer fees, fee-paying loans and all add-ons, regardless of whether they have been paid or not are included as part of the study, which further underlines the financial dominance of English clubs in the transfer market.

Jon Fisher
Jon Fisher
Jon has over 20 years' experience in sports journalism having worked at the Press Association, Goal and Stats Perform, covering three World Cups, an Olympics and numerous other major sporting events.


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