Transfer expenditure at the top of the football pyramid has significantly grown in recent years. Issue number 159 of the CIES Football Observatory Weekly Post analyses the sums spent in transfer fees by big-5 league teams to assemble their current squad. In football history, no club has invested as much as Manchester United this season to make up its roster: €718 million (+€185 million compared to last season).
The fees paid to assemble Manchester United’s squad vary from €110 million for new signing Paul Pogba to zero for a few players among whom Zlatan Ibrahimovic. At second and third positions of the squad cost table are Real Madrid (€634 million, + €47 million with respect to 2015/16) and Manchester City (€611 million, + €78 million).
Generally speaking, the correlation between the squad cost from a transfer fee perspective and the final position in the domestic league table is very high. However, last season, Leicester City won the English Premier League title with the 17th costliest squad out of 20.
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