Footballs going broke? The top 10 Premier League clubs with the most debt
Fresh from a glorious World Cup and a frenetic transfer window, the Premier League returned last weekend to the joy of the football loving public who had to go a whole four weeks without any competitive matches to watch.
The start of a new season is a time for clubs to showcase their big money signings and justify why these athletes are worth the money splashed out on them.
This transfer window was an expensive one with over £1bn spent in total. Liverpool topped the table in terms of transfer expenditure, parting with £177m across the summer, Chelsea were the second biggest spenders with £128m followed surprisingly by newly promoted Fulham who spent £105.3m.
Liverpool topped the table in terms of transfer expenditure, parting with £177m across the summer, Chelsea were the second biggest spenders with £128m
These kind of spending sprees can give club accountants a bit of a headache, and it’s no surprise that the majority of Premier League teams are in a substantial amount of debt.
A new tool created by Know Your Money has revealed the debts of the Premier Leagues clubs and allows you to compare your postcodes debts against them.
So which teams could do with a bit of a spending freeze?
- Arsenal – £227m
- Brighton & Hove Albion – £207m
- Tottenham Hotspur – £
- Manchester United – £503m185m
- Liverpool – £182m
- Newcastle United – £129m
- Cardiff City – £127m
- Everton – £104m
- West Ham United – £89m
- Manchester City – £66m
So how does your postcode stack up to the spending of the Premier League? Take a look at the tool below and see where you come in the table!