MU has spent the most money on net during the previous ten years than any other team in Europe, but success is negatively correlated, according to the Center for International Sports Studies (CIES).
Since the summer of 2014, when coach Louis van Gaal was hired, Man United’s net spend—which includes player sales and revenue—has reached an astounding £1.2 billion. By overtaking even wealthy Chelsea, Representing Manchester became the only club in the world to have spent a net total of more than 1 billion pounds on the transfer market in the last ten years.
The amount of money the club spent during this time was not, however, directly correlated with Man United’s success. The Red Devils have signed 54 new contracts and brought in five new coaches, according to CIES statistics, although the club has only won one Europa League title, one FA Cup, and two League Cups overall. Many individuals, upon seeing Man United’s losses in the transfer market, remarked: “If football were regarded as a business, perhaps the Old Trafford team would have gone bankrupt a long time ago because of the way they do business like this.”
Man United has a history of making poor transfer decisions, earning the reputation as a “stupid person” for a very long time. Harry Maguire, Anthony Martial, Fred, Lukaku, Jadon Sancho, Antony, and Rasmus Hojlund are just a few examples of the Red Devils’ recent disastrous signings. Maguire became the most expensive midfielder in history after Man United spent up to 80 million pounds on him. Jadon Sancho cost 73 million pounds, Anthony Martial cost 60 million euros, and Antony cost 100 million euros, but none of them made much of an impact. contrary to expectations.
Chelsea comes in second on this list, per CIES data, with net spending of 885 million pounds, 558 million of which will be spent by the Blues in 2023 alone. A sobering fact for the top league in the cloudy nation is that seven of the ten clubs with the highest net spending since 2014 are Premier League teams. Man City came in first ($734 million), Newcastle came in second ($575.4 million), Arsenal came in fourth ($747.8 million net), Tottenham came in eighth ($522.2 million net), and West Ham came in tenth ($451.1 million net).