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Chelsea sets record for most expensive soccer squad in history

Chelsea sets record for most expensive soccer squad in history

Chelsea officially has the most expensive soccer squad in the history of the sport. According to the CIES Football Observatory, the Blues have spent $1.4 billion on combined transfers to compile their current roster. The organization researches and analyzes statistical data in soccer. Created in 1995 in partnership with FIFA, CIES mostly focuses on transfer deals and player valuation.

The latest report bumps Chelsea up from second in the financial table to first. Fellow Premier League side Manchester United previously had the most expensive squad during last year’s review. The Red Devils, however, did not drop far in the new rankings as they are now second only to Chelsea.

The Blues have spent lavishly on player transfers under new ownership. While the club has freely splashed the cash since 2003, billionaire Todd Boehly and company have only increased this spending. With the American at the helm, Chelsea spent nearly $700 million on players in the first financial year alone. They then followed this up by shelling out another $777 million in the transfer market since 2023.

Premier League clubs unsurprisingly dominate spending list

Chelsea and United are just two of the top spenders in the Premier League. The top five most expensive squads in soccer all come from the English top flight. Reigning Premier League champions Manchester City are third on the list, only just narrowly behind their crosstown rivals. United’s squad cost $1.15 billion, while City’s is $1.12 billion. North London sides Arsenal and Tottenham Hotspur rounded out the top five.

Liverpool ($814 million) and Newcastle ($756 million) are also included in the top 10 of the CIES Football Observatory. Five more clubs, including Aston Villa and Brighton, finished among the top 20 most-costly squads in the sport.

To put the Premier League’s domination into perspective, Wolves and Nottingham Forest both spent more to compile their rosters than 2023/24 Serie A winners Inter…


Source link : https://worldsoccertalk.com/news/chelsea-sets-record-for-most-expensive-soccer-squad-in-history/

Author : Chris Moore

Publish date : 2024-09-04 19:27:47

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