The Premier League has been recognized as the most entertaining and competitive league in world football. Even the English Premier League ‘s highest caste competition is always interesting because there are quite a number of clubs that have the potential to become champions.
In the last decade, Bayern Munich, Paris Saint-Germain (PSG), and Juventus have managed to dominate their respective domestic leagues, while in Spain La Liga is often seen as a two-horse rivalry. These things are not seen in the Premier League .
The top six clubs in the Premier League are all quite strong. Five different teams have won the Premier League title of English football in the last decade.
English clubs also thrived on the European stage during this period. The main reason they can do that is because of the purchasing power they have.
Chelsea and Manchester City have spent heavily on player transfer fees and wages since the club takeover. These two clubs, and Manchester United are some of the clubs that have been less affected by the COVID-19 pandemic.
In this note, here are the five Premier League clubs with the highest spending this century:
5. Tottenham Hotspur – 1.43 Billion Euros
Tottenham Hotspur have spent 1.43 billion euros in transfer fees since entering 2000. Tottenham have had many good moments in the Premier League in the last two decades.
Their best football was played in Mauricio Pochettino’s reign, when they reached the Champions League final.
Now Antonio Conte’s team has shifted North London rivals Arsenal to fifth on this list. Despite having spent so much money, the Spurs did not win many trophies.
In fact, the last time the Spurs won the trophy was in 2008, when they beat Chelsea 2-1 in the Carling Cup final.
The Tottenham Hotspur Stadium, and previously White Hart Lane, has witnessed many world-class clubs such as Gareth Bale and Harry Kane.
However, it is questionable whether North Londoners are happy enough with their success, even after spending a lot of money?
4. Liverpool – 1.65 Billion Euros
Liverpool, along with Manchester City, have dominated the Premier League in recent seasons. The Reds have won the Premier League and Champions League, once each in the last four years. However, they have not had much success throughout the 21st century.
Despite spending 1.65 billion euros in the last two decades, Liverpool have been quite disappointing, especially at the domestic level of the Premier League . They were several times involved in the competition for the title but always failed before appointing Jurgen Klopp as manager. In fact, they often consistently fail to finish in the top four.
The German manager turned Liverpool into serious title challengers. Jurgen Klopp had to buy big players, like Virgil van Dijk and Alisson Becker. However, getting results from these players is what matters, and the former Borussia Dortmund coach excels in that regard.
3. Manchester United – 2.02 Billion Euros
Manchester United is the most successful team in the Premier League era. The team that won 13 Premier League trophies went through a challenging, but often successful period until 2013. Since the departure of Alex Ferguson, the Red Devils have struggled to compete with the top teams. Premier League .
Sir Alex Ferguson does not need to make a lot of money to be able to bring his team to compete, because many quality players have come through the Manchester United academy.
Most of the expenditure of 2.02 billion euros that occurred after Sir Alex Ferguson retired. Although they have poured cash in the last decade, they have not won the Premier League title.
Unlike Chelsea and Manchester City, clubs who also made 2 billion euros in the 21st century, the Red Devils are not spending their money wisely. Expensive acquisitions such as Romelu Lukaku, Angel Di Maria, even Paul Pogba and Harry Maguire, have disappointed United supporters.
2. Manchester City – 2.35 Billion Euros
Manchester City has become the club with the most financial strength in the Premier League since it was acquired by Sheikh Mansour in 2008. The Citizens won the Premier League title for the first time in the 2011/2012 season.
The Citizens have become the most successful team in England since then, winning 5 of the last 10 league titles. This season, they are on track to win their fourth Premier League title in five years.
In addition, a large number of trophies in domestic competitions have completed the trophy cabinet at the Etihad Stadium in the last decade. However, the Champions League trophy is still not in Manchester City’s trophy cabinet.
Overall, Manchester City have spent the money to good effect. It’s no surprise, though, that their success has been built on the backing of wealthy owners, who must value the club for using their own money.
There is only one Manchester City player who is included in the list of the 10 most expensive players in the Premier League. City rarely bring in expensive players who fail.
1. Chelsea – 2.44 Billion Euros
Chelsea have spent 2.44 billion euros in the last 22 years, slightly more than Manchester City. The London club was taken over by Russian businessman Roman Abrahmovich in 2003. Since then, they have become a force to be reckoned with, both at home and abroad.
The Blues have won five Premier League titles , six FA Cup trophies and three League Cup trophies since 2000. Chelsea have won the Champions League twice, equaling Liverpool’s number of wins in the competition’s 21st century record.
The frequent sacking and hiring of managers at Stamford Bridge, has its pros and cons. However, Chelsea fans will be delighted with the number of trophies they have managed to win.