Manchester United have the worst net spend of any club in the world over the last 10 seasons, it has been revealed.
The Red Devils have a negative net spend of £1.15billion on transfers, which makes them the only club to shatter the £1bn barrier.
Chelsea are their nearest rivals in second with a negative net spend of £892million, as per the CIES Football Observatory.
For United, lavish buys such as £89m on Paul Pogba, £82m on Antony, and £80m on Harry Maguire comprise their total.
For Chelsea, more recent luxuries of £115m on Moises Caicedo, £107m on Enzo Fernandez, and £98m on Romelu Lukaku swell their spend.
Seven English clubs make the top 10 but there is no room for Liverpool, who only come in 13th with a negative net spend of £395m - around three times less than United.
Arsenal, Manchester City, Newcastle United, Tottenham, and West Ham all make the top 10 globally.
Arsenal were more conservative spenders in the Arsene Wenger regime but have loosened the purse strings in recent transfer windows.
Splurging £105m on Declan Rice and £65m on Kai Havertz in the summer boosted their total.
There have also been big-money moves for Nicolas Pepe (£72m) and Ben White (£50m) in the post-Wenger era.
Only three foreign clubs sneak into the 10 who have blown the most cash: PSG, Barcelona, and AC Milan.
PSG sit third with a negative net spend of £821m, compared to £566m for Barcelona in seventh and AC Milan in ninth with £481m.
The observatory's list presents all 169 clubs who have had a 'volume' of transfers - including purchases and sales - exceeding £85.66m in the last five years.
In that regard, Chelsea have been the most active club in the transfer market by some distance.
Their volume of transfers hits a whopping £2.2bn in five years.
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