Reigning back to back Premier League champions Manchester City, who last season became the first side to accomplish an English domestic treble, are also the first football club to exceed €1 billion spent on building their roster of players.
That’s according tothe Switzerland based CIES Football Observatory,whose data sets show Paris Saint-Germain and Real Madrid right behind them, with each club spending north of 900 million Euro. The red side of Manchester comes in fourth, with 750 million euro invested in their current squad. Obviously, this statistic is yet another reminder of howunderachieving and underperforming Ed Woodward/Ole Gunnar Solskjaer’s side are.
All of the Premier League’s “big six” made the top ten, except for Tottenham Hotspur, as Liverpool registered eighth, Chelsea ninth and Arsenal 10th. The study covered Europe’s “big five” leagues, with four of them having representation within the top ten.
England placed five, Spain three, while France and Italy each had one.
1. Manchester City (€1.014bn)
2. Paris Saint-Germain (€913m)
3. Real Madrid (€902m)
4. Manchester United (€751m)
5. Juventus (€719m)
6. Barcelona (€697m)
7. Liverpool (€639m)
8. Chelsea (€561m)
9. Atletico Madrid (€550m)
10. Arsenal (€498m)
Can anyone say FFP (Financial Fair Play)? It will be interesting to see what will happen moving forward in regards to the financial landscape of football. Is this brave new world of financial social darwinism here to stay? Can anything be done to stop it?
Paul M. Banks runsThe Sports Bank.net, which is partnered withNews Now.Banks, the author of“No, I Can’t Get You Free Tickets: Lessons Learned From a Life in the Sports Media Industry,” regularly appears onWGN CLTVand co-hosts the“Let’s Get Weird, Sports” podcastonSB Nation.