By Toby Prince
Club’s activity in the transfer market isn’t judged solely on the amount spent but also on the amount recovered from players sale, which leads us to Net spend.
Net spend is the difference between the amount spent and received from players purchase and sales.
Manchester City were the Premier League’s top spenders during the summer transfer window, dishing out over £150m on new signings.
Kevin de Bruyne, Raheem Sterling and Nicolas Otamendi were all big-money arrivals at the Etihad as Manuel Pellegrini authorised a net spend almost three times greater than any other club in the division.
While City spent £153.5m, they recouped £29.05m – £21.3m of which came from the sale of Alvaro Negredo to Valencia – leaving them with a net spend of £124.45m.
Newcastle had the second-highest net spend (£46.02m) in the division, with Georginio Wijnaldum (£14.5m) and Aleksandar Mitrovic (£13m) among their expensive acquisitions.
However, while Manchester United spent £108.1m on their new recruits – including Anthony Martial (£36m), Memphis Depay (£27.9m) and Morgan Schneiderlin (£25m) – they did make £44.3m from the sale of Angel di Maria to PSG, leaving them with a net figure of £33.61m.
With a net spend of £32.10m, Chelsea is fourth, followed by West Brom with £27.50.
Surprisingly, London neigbours Arsenal and Tottenham are ranked 17th and 18th respectively with net spends of £8.20m and £5.27m.
Meanwhile Southampton actually made profits from their dealings, the only club to still have some cash left after buying and selling players.
The sales of Morgan Schneiderlin and Nathaniel Clyne (£12.5m) to Manchester United and Liverpool, contributed to their £800,000 gain.