Manchester United and English Premier League Have Worst Net Spending in a Decade, Says CIES Study

Manchester United’s Worst Net Spending in a Decade Revealed

Manchester United have had their worst net spending in a decade, according to a study by the International Center for Sports Research (CIES), which takes into account player deals since 2014.

During this period, Manchester United spent €1.959 billion on contracts and received €563 million from the sale of some of their players, leaving a deficit of around €1.396 billion.

Behind him in the rankings is Chelsea with a negative balance of one billion euros, then Paris Saint-Germain with the same amount, Arsenal (872 million) and finally Manchester City (856 million).

English Premier League Faces the Worst Balance Sheet

The English Premier League (Premier League) is the league with the worst balance sheet as English first-class clubs have paid €21.480 billion since 2014 and earned €10.370 billion, representing a negative balance of €11 billion, much higher than the Chinese Super League (1 .33 billion euros) and the Saudi League (1.32 billion euros).

The Spanish league (La Liga) spent 7.4 billion on transfers and made 6.92 billion in profit, so its negative balance is less than that of the Italian league (1.12 billion) and higher than that of the German league (540 million).

In terms of Spanish clubs, Barcelona are in seventh place with a negative balance of €663m, while Real Madrid, having spent €1.279bn and earned €954m, is in 19th place with a negative balance of €325m, according to (CIES).

Chelsea Tops the List for Worst Balance Sheet in 2023

Chelsea had the worst balance sheet in 2023 with a deficit of 557m, followed by Al Ittihad (362m).

Football’s Economic Strength Rebounds

Football has regained its economic strength after years of the Corona epidemic, thanks to the growth of the English Premier League and Saudi and American investment, according to CIES.

At the same time, the transfer market reached a record level of 12.4 billion euros, compared to 10 million in the previous record year 2019.

Source: “Wakalat”

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