Man Metropolis, Man United have misplaced probably the most cash within the switch market

The top two teams in the Premier League, Manchester City and Manchester United, are no strangers to player transfers, but a new report has highlighted the extent of their heavy spending.

The two bitter rivals have posted the two largest net transfer deficits in any of the top five European leagues in the last 10 transfer windows, according to the latest soccer financial report from the CIES Football Observatory.

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The CIES study, which uses data published by clubs or reported by the media since the summer of 2016, found that City spent a total of more than 1 billion euros on incoming transfers – 1,006 million euros to be precise (1,217 million US Dollars) – – and achieved sales of just € 375 million. This means that they have the largest negative net expenditure in Europe at 631 million euros.

United is next on the list after spending $ 832 million on contract signing and repaying $ 246 million on outbound transfers, leaving them with a net spend of $ 586 million over 10 windows.

Here are the key takeaways from the CIES report.

Most net transfer spend compared to previous transfer windows for Big 5 league teams. @ManCity ahead @ManUtd & very dissatisfied @FCBarcelona 🧐 Six 🏴󠁧󠁢󠁥󠁮󠁧󠁿 teams & 2 of 🇮🇹 in the top 10 (@Inter & @AC Milan); full data in the last weekly @ CIES_Football post ➡️ https://t.co/1Qz0DJ9yfE pic.twitter.com/bD3GdxH9Zh

– CIES Football Obs (@CIES_Football) February 8, 2021

City spent a lot behind

Much of City’s spending went on defense lawyers. Pep Guardiola brought in defensive players worth 419 million euros in the last four years alone. Ruben Dias, the city’s most expensive defender to date, became the fifth-costliest defender of all time when he signed a € 68m deal with Benfica ahead of the 2020-21 season. With City conceding just 14 goals in 22 Premier League games so far this season and Dias having conceded 11 goals in 12 games by the end of January (that’s 990 minutes without conceding), it has to be argued that it was the hefty investment value.

United broke records

The entire Chelsea defense cost as much as Man United’s Harry Maguire 💰 pic.twitter.com/h6YTQuRPJC

– ESPN FC (@ESPNFC) November 18, 2020

United were also responsible for a number of massive transfer deals over the same period, including a couple that created the record books. Paul Pogba’s arrival from Juventus in 2016 for € 105 million was a world record at the time, while club captain Harry Maguire is still the world’s most expensive center-back after moving from Leicester City in 2019 worth € 91 million. Romelu Lukaku, Nemanja Matic, Bruno Fernandes, Aaron Wan-Bissaka and Fred also helped bring United’s total spend to € 832 million.

Barca are Europe’s biggest donors

Only one club has spent more on signings than Manchester City since the summer of 2016 and that is Barcelona. Their € 1,171m spending on players such as Philippe Coutinho, Ousmane Dembele and Antoine Griezmann will be offset by the € 700m transfer fees received during that period, which means that Barca will have – € 471m on the third place on the negative net spending list. No wonder the Catalan club are currently in dire financial straits.

PSG’s price pair

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Paris Saint-Germain is fourth on the table with a total transfer deficit of – € 455m when it comes to spending a lot of money to get what they want. When you consider that the Ligue 1 giants broke the world transfer record to sign Neymar for € 222m from Barcelona in the summer of 2017 and then spent another € 180m on the takeover of Kylian Mbappe the following year, that’s hardly surprising .

Premier League clubs all present

Of the current 88 European top clubs in the CIES table, all 20 Premier League teams are in the top half. Amazingly, Everton (- € 346m) and Aston Villa (- € 339m) are ahead of Chelsea (- € 308m) and Arsenal (- € 299m) in terms of transfer credit. In fact, not a single Premier League team has had a positive transfer record since the summer of 2016. The three clubs are Southampton (- € 50 million), West Bromwich Albion (- € 73 million) and Newcastle United (- € 77 million).

Liverpool won the title with (almost) balanced books

Transfer guidelines from @ManCity, @ManUtd & @LFC since 2⃣0⃣1⃣6⃣ compared: Much larger negative balance # for # Manchester teams than for #LFC 👁️ data for all Big 5⃣ league teams in the last @CIES_Football Weekly Post ➡️ https: // t . co / 1Qz0DIRWR4 pic.twitter.com/EQzMNKZuNA

– CIES Football Obs (@CIES_Football) February 9, 2021

In the Premier League, the reigning champions Liverpool have recorded an impressive transfer deficit of 129 million euros. While this puts them in 23rd place on the CIES overall table, the Reds total is better than any other team that ended up in the top half of the Premier League last season.

Madrid’s meager deficit

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ESPN FC’s Julien Laurens recalls some of Real Madrid’s worst transfers.

Real Madrid are ranked 29th on the list with a relatively low negative transfer balance of just -91million euros, which means they would have made a profit on transfers had they not signed Eden Hazard in a deal that they 160million Could cost euros. The transfer deals of the Spanish heavyweights somehow cost them less than Leeds United’s expenses (- 115 million euros), although the latter only played top-class football last summer.

Honors also in the Milan derby

Internazionale and AC Milan may be eternal opponents, but the two Serie A clubs agree on their ongoing problems with operating deficits. Although both Alexis Sanchez and Zlatn Ibrahimovic are making tricky transfers, neighboring rivals are in the top 10 when it comes to negative transfer spending: – € 386m for Inter and – € 311m for Milan.

French clubs the most economical

Of all 88 teams involved, two Ligue 1 clubs sit at the foot of the table, with Lyon (+ € 151m) and Lille (+ € 191m) doing better than any other club in the five in terms of net transfer balance major European leagues. Lyon have sold a number of high profile players to other European clubs in recent years, including Tanguy Ndombele, Ferland Mendy and Alexandre Lacazette who have raised big bucks for Tottenham Hotspur, Real Madrid and Arsenal. Lille have largely made Victor Osimhen’s colossal Napoli moves and Nicolas Pepes’ similarly lucrative moves to Arsenal to thank them for their position at the bottom of the table.

The best of the rest

In Italy, Germany and Spain, Atalanta (+ € 133 million), Hoffenheim (+ € 87 million) and Valencia (+ € 67 million) recorded the most positive balances.

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