If you look at net spend 2020 - 2024, they aren’t that high in the list, so it’s still an under-dog story.
Over the past four seasons (2020/21 to 2023/24), Premier League clubs have exhibited varying net transfer spends, reflecting their investment strategies and on-field ambitions. Here’s a breakdown of the net transfer spend by club during this period:
1. Chelsea - £772m
2. Manchester United - £539m
3. Tottenham Hotspur - £465m
4. Arsenal - £461m
5. Newcastle - £360m
6. West Ham - £272m
7. Liverpool - £248m
8. Nottingham Forest - £217m
9. Aston Villa - £213m
10. Crystal Palace - £144m
11. Manchester City - £140m
12. AFC Bournemouth - £125 million.
13. Fulham - £121 million..
14. Brentford - £94m
15. Southampton - £59m
16. Brighton & Hove Albion - £49m
17. Leicester City - £17m