Chelsea and Man Utd key to Premier League's spending culturepublished at 12:12 9 September
No club in European football has spent more on transfers than Chelsea since 2015.
That's according to data delivered by the highly-respected CIES Football Observatory., external
In its monthly report, the organisation says the Blues have spent 2.78bn euros since 2015 - around £2.35bn. Manchester City are second on the list, on 1.96bn euros, with Manchester United third on 1.95bn euros (around £1.65bn).
The figures form part of a spending-heavy culture in the Premier League. England's top flight has committed over 23bn euros (£19.42bn) to transfers since 2014, with Italy's Serie A second on 10.84bn euros (£9.1bn).
The Premier League's net spend is over 11.5bn euros - around £9.7bn, a stark contrast to Portugal's Primeira Liga, which has made a net profit of over 2.34bn euros since 2015.
Drilling into the data more, Manchester United have made a net spend in every year across the 10-year period. Benfica, by contrast have made a net profit in nine of the 10 seasons on transfers. United's consistent buying means they are the club with the biggest net spend in Europe since 2015 as Chelsea have recouped over half of their spend through player sales.
In its report, the CIES says: "From a club point of view, Chelsea stands out clearly with €2.78 billion invested on transfer fees over the last decade, 42% more than the second biggest spenders: Manchester City and Manchester United. The latter club has the most negative net transfer spending (€1.30 billion), while SL Benfica has the most positive one (+€816 million)."