Chelsea Tops the List
In a recent study, it has been revealed that Chelsea is the biggest spender of the 21st century. The club has shelled out over £1 billion on transfers since Todd Boehly took over just last year. This comes as no surprise considering their massive outlay.
Premier League Dominates
Premier League clubs have not held back when it comes to spending big on transfers. In fact, six Premier League clubs feature in the top ten biggest spenders. These clubs include Chelsea, Manchester City, Manchester United, Arsenal, Tottenham, and Liverpool. The Premier League dominance is evident in the rankings.
Manchester City Not Far Behind
Manchester City is not far behind Chelsea in terms of spending. Although they have splashed out £750 million less than Chelsea, their net spend is only £90 million less. City has spent a whopping £2.35 billion since 2000, with a significant portion of their outlay coming after the Abu Dhabi takeover in 2008.
Real Madrid and Barcelona's Spending
It's no surprise that Spanish giants Real Madrid and Barcelona have spent big on transfers in the last 23 years. Both clubs have exceeded £2 billion in player spending. However, their transfer income puts them lower on the list. Real Madrid ranks fifth and Barcelona ranks seventh, with only Chelsea bringing in more money than them.
Arsenal's Recent Spending Spree
Arsenal's spending has been ramped up in recent years, particularly since Mikel Arteta took charge in December 2019. The Gunners have spent £852 million on transfers, with over £200 million being spent this summer alone. However, their player sales are relatively lower compared to other clubs in the top ten.
AC Milan's Departures
AC Milan may not be in the top five biggest spenders, but they hold a significant record. Since 2000, the club has had 781 player departures, more than any other club in the top ten. This showcases the constant changes in the Milan squad over the years.
In conclusion, the Premier League clubs have dominated the spending charts in recent years, with six of them making it into the top ten. Chelsea's massive outlay makes them the biggest spenders of the 21st century. However, the likes of Manchester City, Manchester United, Arsenal, Real Madrid, and Barcelona have also not held back when it comes to splashing the cash on transfers.
