Squad transfer cost: four ‘billionaire’ clubs

13 September 2023

The 430th edition of the CIES Football Observatory Weekly Post presents the top 100 teams in the world having invested the most on transfer fees (including add-ons regardless of effective payment) to recruit players currently in their squad. Four teams head the list with investments of at least one billion euros: three English clubs (Manchester United, Chelsea and Manchester City) and one French (Paris St-Germain).

Saudi side Al-Hilal (18th) is the club from outside the European big-5 that has invested the most on transfer indemnities to assemble its squad (€382m), ahead of Leicester City (26th, €281m) and Ajax (32nd, €236m). By position, the biggest spenders are Liverpool for goalkeepers (€73m), Manchester United for defenders (€383m), Real Madrid for midfielders (€447m) and Paris St-Germain for strikers (€557m).

Clubs from nineteen different leagues feature in the top 100, with a maximum of 19 teams for the English Premier League (all clubs except Luton), followed by the Italian Serie A (15 teams), the Spanish Liga (12), the French Ligue 1 (11) and the German Bundesliga (also 11). Among non-European competitions, the Saudi Pro League is the most represented (4 clubs), ahead of Mexico’s Liga MX (3) and Brazil’s Serie A (2).

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