Manchester United owes £ 169 million to people like Harry Maguire and Bruno Fernandes, while Bournemouth is on the hook for £ 77 million … how much money does YOUR club still owe on transfers when the impending financial crisis looms?
- Premier League clubs still owe a total of £ 1.6 billion in outstanding transfer fees
- Manchester United owe double rivals after buying Harry Maguire
- Fulham is also alarmingly high after spending a lot before being banned
- Manchester City and Tottenham are second and third on the financial table
Manchester United still owe an eye-watering £ 169.3 million in outstanding transfer fees as a financial crisis looms over the 20 Premier League clubs.
There is no football on the horizon amid the coronavirus pandemic and the grim realities of finance at the top have been revealed, realizing that parties are too dependent on TV money they no longer receive.
Kieran Maguire, an assistant professor of football finance, has indicated exactly how much each club currently owes to players who have bought them, with United a massive £ 85.6 million for one of their rivals, and the grand total standing at £ 1.6 billion.
Deals for people like Bruno Fernandes (second from left) leave Manchester United in a dangerous position
United is way ahead with a £ 169.3 million debt … but where is your club?
Deals for Bruno Fernandes, Harry Maguire and Aaron Wan-Bissaka, among others, leave United in a dangerous financial position, followed in second place by rivals Manchester City.
Current Premier League champions only owe just £ 84 million as they have made deals in recent years with Rodri, Joao Cancelo and Riyad Mahrez among others.
There is a spot in the top five for championship club Fulham, which still owes a worrying £ 73.9 million in transfer fees despite their relegation to the second level.
They are flying high on a playoff spot this season and want to head straight back into the top four, but their desperate need to return to the big time is reflected in their current financial situation.
United chief Ed Woodward has plenty to do during the corona virus crisis
Fulham is disturbingly high on the list despite relegation to the championship and has spent hundreds of millions on people like Jean Michael Seri (right) who has already left the club
On paper, Newcastle’s financial picture looks rosy because they owe nothing and instead owe themselves over £ 15m, but Sports email understands that it may not be as simple as that for the giants in the northeast.
Indeed, Newcastle and Crystal Palace are the two parties on the chart who have not submitted any financial numbers after the 2017-18 season, and the magpies have since brought in Miguel Almiron, Joelinton and Allan Saint-Maximin.
Palace, meanwhile, is high on the chart with £ 47.2 million in outstanding fees, but it’s clear that after a few spending seasons, they will owe significantly less than stated on payments for Mamadou Sakho, Jeffrey Schlupp and Patrick van Aanholt, among others.
Manchester City is in second place after major expenditures to Joao Cancelo, among others
Giovani Lo Celso is one of Spurs’ newest major recruits as they are third in the table of money owed