Manchester pair top of Premier League for summer spend
MANCHESTER clubs led the way in flexing the Premier League’s financial muscle this summer as they accounted for more than a quarter of the top-flight’s total outlay.
Manchester City spent more than £140m on attracting big-money stars such as Kevin de Bruyne, Raheem Sterling and Nicolas Otamendi, while United splashed out close to £100m on signings including Anthony Martial, Morgan Schneiderlin and Memphis Depay. Together the two clubs spent more than £240m of the Premier League’s gross total of £818m, and more than £120m of the division’s net £413m.
Southampton were the only club to turn a profit from player trading, while newly promoted Bournemouth and Watford both spent more than £20m net. After United, Liverpool recouped the most in fees with £62.6m received.