English Premiership

Manchester clubs dominate transfer spending

2016-08-11 15:30
Pep Guardiola (Gallo Images)

Cape Town - After the recent signings of Paul Pogba and John Stones, Manchester United and Manchester City's summer transfer spending accounts for almost half of the total outlay by Premier League clubs, according to a recent study by Spreadex.com.

The Manchester clubs' combined £322m expenditure made up over 40% of the league's total £794m summer spending since May.

United paid a world record fee of £89m to bring Pogba back to Old Trafford from Juventus on Tuesday, while City signed England defender Stones from Everton for £47.5m later that day.

The Manchester rivals have also spent big on the likes of Ilkay Gundogan, Nolito, Leroy Sane (all City), Henrikh Mkhitaryan and Eric Bailly (both United), and both clubs have a summer net transfer spend of over 40 per cent of their annual turnover.

The spending power of the Manchester two underpins the dominance of the 'Big Six', with Arsenal, Chelsea, Liverpool, Tottenham Hotspur, City and United spending £529m since May, twice as much as the rest of the league combined, according to Spreadex's figures.

The outlay of the Big Six dwarves the league's average spend per club of £23m, while only four sides have turned a profit to date this summer.

Southampton, who sold Sadio Mane to Liverpool for £34m, Graziano Pelle to Shandong Luneng for £13m and Victor Wanyama to Spurs for £11m, have made the greatest profit of the division to date, with £40m.

Everton, Swansea City and Hull City are the other teams to have made a net transfer profit so far this summer.

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Fixtures
30 September 2016
Everton v Crystal Palace, Goodison Park 21:00
01 October 2016
Swansea City v Liverpool, Liberty Stadium 13:30
West Ham United v Middlesbrough, Olympic Stadium 16:00
Sunderland v West Bromwich Albion, Stadium of Light 16:00
Hull City v Chelsea, The KC Stadium 16:00
Watford v Bournemouth, Vicarage Road 16:00
02 October 2016
Manchester United v Stoke City, Old Trafford 13:00
Leicester City v Southampton, King Power Stadium 15:15
Tottenham Hotspur v Manchester City, White Hart Lane 15:15
Burnley v Arsenal, Turf Moor 17:30
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Will Jose Mourinho lead Manchester United to the English Premiership title in 2016/17?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

Big month in the world of golf as the FedEx Cup concludes on the PGA Tour, the Race to Dubai gathers steam on the European Tour and the Sunshine Tour offers local golfers the chance to bank some cash. Oh, and not forgetting the USA v Europe Ryder Cup showdown at Hazeltine!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.