Arsenal, Newcastle Ahead of PSG in Post-Pandemic Negative Net Spending List

Paris Saint-Germain is in the top three in CIES Football Observatory’s most negative net transfer spending in the last decade. However, those financial numbers by PSG have decreased slightly in the past few years.

CIES Football Observatory recently published European clubs’ most negative net transfer spending post-pandemic. While PSG has splashed the cash this summer transfer window, they sit at the No. 5 spot in this list with -€461 million.

So, who’s ahead of PSG on this list? Well, for starters, they’re all from the Premier League. At the No. 4 spot is Newcastle United at -529 million, and then Arsenal occupies third place with -€541 million. 

As for who occupies the top two spots, it’s Manchester United (-€612 million) and Chelsea (-€993 million). The COVID-19 pandemic affected many clubs’ spending, but not for some of the top clubs in the Premier League. 

PSG could be going on the downward regarding their spending. Even though the Ligue 1 side spent a lot on Randal Kolo Muani, they’ve also acquired players like Ousmane Dembélé at a fraction due to a clause in his contract, so it’s spending wisely. 

Furthermore, the Parisians are buying young enough players to sell and recoup most of what they paid for if it doesn’t work out.

Tags Arsenal Newcastle United
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