Ten football clubs with the most abysmal net spendings in the round leather game have been disclosed to the public with English teams populating the list.
Nine out of the ten football teams that make up the list are from England with one other club sandwiched in the midst of the teams coming from one of the top 5 leagues in Europe.
The Blues, Chelsea sit at the summit of the teams with the worst net spendings in the last five (5) campaigns, a data that includes information collated since the year 2018/19.
Chelsea splashed the cash in acquiring some players like Mhykailo Mudryk from Shakhtar Donetsk and Enzo Jeremais Fernandez from Benfica.
The CIES Football Observatory Conducted The Research
This week, the CIES football observatory released teams with poor net spendings since the 2018/19 campaign.
Parameters used in picking clubs with the worst net spendings in Europe
The individuals who did this findings viewed the money spent on incomings and weighed it with the amount received for outgoings.
The number of clubs observed are 100 of the most operational teams in the last five (5) years.
Surprisingly, Only two English sides out of a quarter quantity of the teams in the list boast of a positive net spend.
West London side Chelsea are the most woeful spenders with their new owner, Todd Boehly’s extravagant way of spending in the last two transfer windows.
They have a net spend that reads negative in spite of having positive net spent numbers in two of the previous five (5) years.
League competitors, Manchester United closely follow Chelsea with – £595m net spendings and they sit second place on the abysmal net spendings list of football clubs.
They haven’t had a positive net spend since the 2018/19 season although they would want to correct that going forward.
Chelsea’s London rivals Arsenal are placed third with a net spend of – £483m as Mikel Arteta’s side have been more vociferous in the transfer market in recent years.
Tottenham Hotspur, West Ham United and Newcastle United complete the top 6 alongside Aston Villa and Wolverhampton Wanderers.
The Only Team Outside of England In The Top 10 Amongst Other Clubs With The Worst Net Spendings, Juventus
The Old ladies of Turin, Juventus then come in ninth on the log with cataclysmic Liverpool completing the top 10 list.
The only English side with a sign of positivity breathing around their net spend are the Hornets, Watford who are placed 17th on the log.
In terms of the football clubs with positivity oozing over their net spend numbers, SL Benfica of Portugal are at the pinnacle after gathering an impressive £329m profit.
Benfica in the past few years have sold Ruben Dias, Darwin Nunez and Enzo Jeremais Fernandez to teams in the Premier League.
Losc Lille of France are second of this magnificent list with a positive £274m profit while Ajax Amsterdam of Netherland sit third with £259m.
English clubs appear to be the clubs who have been overly extravagant with their finances and many may presume it’s due to the financial muscle of the Premier League.
Possible Reason Why Premier League Teams Populate The List Of Clubs With The Worst Net Spendings
The reason why the Premier League teams populate the list of clubs with the worst net spendings is probably because some other leagues have to generate funds internally to balance the books and also make signings without an outlay of money spent on them by external bodies.
Some other leagues depend heavily on prize money from League authorities and sponsors payout to keep their clubs running. But the Premier League clubs are heavily funded by their billionaire owners.
Hence, clubs from other leagues are condemned to follow due processes that would lead them to a pathway of having a positive net spend in order to be able to spend in future transfer dealings.
