The Premier League is the richest league in the world and so it’s no surprise to see that record figures have been spent by each club in the division.
We have looked through each Premier League team and counted up just how much money was spent on assembling their current playing squad. As a point to note, all of the figures used are from Transfermarkt, who use Euros rather than Pounds for their valuations.
Of course, spending large sums of money is no guarantee of success, but each of the traditional top six appears fairly high up on this list which is no real surprise.
In January, Chelsea shot above Manchester City up to the top spot in this list, having spent over €300million in the transfer window on Enzo Fernandez, Mykhailo Mudryk, Benoit Badiashile, Noni Madueke, Andrey Santos, David Datro Fofana – plus Joao Felix for a considerable loan fee.
Todd Boehly hasn’t quite seen a return on his original investment at Chelsea so far as the club have struggled in the Premier League this season, despite their spending spree in both transfer windows he’s been in charge during.
Man City aren’t far behind with €960million spent on their squad. What is even more amazing is the fact that City managed to record a profit in 2022, despite signing Erling Haaland amongst others.
Their profits are largely down to the sales of Raheem Sterling, Gabriel Jesus and Oleksandr Zinchenko, while £60million full-back Joao Cancelo has been loaned out to Bayern Munich. Despite the profits they have made this year, they are still way out ahead when it comes to spending itself.
Local rivals Manchester United also rank very highly on the list with a spend of €876million on their squad. Erik ten Hag will be keen to further bolster the squad in the summer no doubt, especially if their takeover gets completed and he can guide them back into the Champions League – which they look on track to do.
Jurgen Klopp has done a fine job with Liverpool and they have usually managed to hit the nail on the head when it comes to their recruitment. Latest signing Cody Gakpo didn’t quite hit the ground running but he’s growing into his new surroundings and will be hoping to be the next star to shine at Anfield.
While Arsenal’s rebuild under Mikel Arteta had its doubts to begin with, they are undoubtedly heading in the right direction as they currently top the Premier League with the youngest squad in the league.
The Gunners have spent over half a billion Euros on Arteta’s squad, which puts them comfortably ahead of the likes of Newcastle and Spurs.
Newcastle have rapidly risen up the spending table following their lucrative takeover in October 2021. Eddie Howe has made good use of the funds so far as he already has them challenging for a spot in Europe.
Here is the full table which ranks each Premier League club by how much their squad cost to assemble. Note: these totals don’t include transfer fees for players out on loan, but just members of the first-team squad.
1. Chelsea – €1.01billion
2. Man City – €960.6million
3. Man United – €876.2million
4. Liverpool – €709.05million
5. Arsenal – €531.5million
6. Newcastle – €458.95million
7. Tottenham – €390.3million
8. West Ham – €379.7million
9. Leicester – €362.1million
10. Wolves – €353.9million
11. Aston Villa –€341.6million
12. Southampton – €293.1million
13. Everton – €288.1million
14. Leeds – €241.4million
15. Crystal Palace – €217.9million
16. Bournemouth – €209.5million
17. Nottingham Forest – €187.6million
18. Fulham – €137.0million
19. Brentford – €124.1million
20. Brighton – €111.1million
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