MANCHESTER CITY and neighbours United have lost the most money in the last 10 transfer windows ahead of the likes of Paris Saint-Germain.
Six Premier League sides fill the top 10 clubs across Europe including both Aston Villa and Everton.
While clubs have been forced to tighten the purse-strings over the coronavirus pandemic, it hasn’t always been the case with Barcelona forking out the most on transfers since the summer of 2016.
According to data from CIES Football Observatory, the Catalan giants have spent £1billion on players.
But it is the Manchester duo who have been most lavish with City having a total transfer deficit of -£554million.
Pep Guardiola’s side top the charts having spent £883m on superstars while recouping £329m on player sales.
Over the years they have splashed out on the likes of John Stones and Aymeric Laporte for a combined £100m.
Arrivals such as Riyah Mahrez (£61m) and Benjamin Mendy (£51m) have also contributed to their huge spending.
City have eased the bank balance with the sales of Leroy Sane (£40.5m) and Danilo (£33.3m)
Aymeric Laporte cost Manchester City £58m in 2017Credit: Getty Images – Getty
The Red Devils have a total deficit of -£515m having spent £730m on players over the last 10 transfer windows.
And they will be the first to hold their hands up and say a large proportion have flopped at Old Trafford.
Romelu Lukaku (£76.2m), Henrikh Mkhitaryan (£37.8m) and Alexis Sanchez (£30.6m) are just some of the transfers who failed to hit their potential.
They have recouped just £215m in player sales after getting the likes of Memphis Depay and Morgan Schneiderlin off the wage bill.
Romelu Lukaku failed to hit the heights at Manchester UnitedCredit: PA:Empics Sport
Barca have spent the most out of any other club outlaying a fortune on star-studded names.
Some of their big money signings include Antoine Griezmann (£108m) Philippe Coutinho (£130m) and Ousmane Dembele (£117m).
Their transfer deficit stands at -£413m having flogged players for £614m over that period.
Barca have spent £1bn on transfers including the likes of CoutinhoCredit: Reuters
Chelsea have spent the third highest fee on players having spent £848m.
Frank Lampard forked out around £200m last summer landing the likes of Kai Havertz, Timo Werner, Ben Chilwell and Hakim Ziyech.
But they have also spent big money on Kepa Arrizabalaga (£72m) and Alvaro Morata (£59m).
Their deficit is the ninth highest totalling £270m after flogging £578m worth of talent.
Chelsea forked out a world-record fee for Kepa ArrizabalagaCredit: Reuters
The Gunners’ outlay of £515m is over £300m less than Premier League rivals Chelsea.
But they have only sold £253m worth of talent having seen a number of big names leave the Emirates on free transfers.
Mesut Ozil was the latest name to have his contract paid off while Aaron Ramsey also joined Juventus for nothing.
Arsenal also unbelievably sold Bayern Munich superstar Serge Gnabry for just £4.5m to Werder Bremen.