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The World Cup in Russia has ended, and all attention has once again turned to club football. Teams have quietly been moving to complete transfer targets in a move to restructure their teams and compete for laurels in the coming season.
Some of the teams have been unusually quiet in the market while others have taken a more dominant role, splashing colossal sums of money to lure away great talents to help build a dominant team. Here we take a look at the 5 biggest spenders on the market so far.
Before we delve deeper into the lists, we will like to take a look at the methodology for this ranking. We came about this list by reviewing all confirmed transfers for the upcoming season and ranked the top 50 of those transfers value. We calculated the total amount of money spent by each team on all transfers so far.
The biggest surprise was Real Madrid, who have unusually stayed quiet for the most part of the transfer season. Real Madrid has not made move for any huge player thus far. Liverpool and Juventus, on the other hand, have been really busy on the transfer market splashing huge sums of money.
#5 West Ham United(€90,000,000)
West Ham United of the Premier League comes fifth on our list with having spent a total of €90 million according to transfermarkt on new signings so far. This is quite surprising for West Ham, who rarely spends a lot of fees on transfers. This is a break from their tradition. Under a new coach, it is believed the Board is willing to augment the squad with fresh legs to compete formidably in the upcoming season.
Manuel Pellegrini, the coach of the side, is seeking to rebuild a formidable side that can compete for middle table finish in the Premier League this season after struggling last season on the league table. He is seeking to inspire a new challenge on the team with new signings and hoping for a better season.
#4 Atletico Madrid (€90,000,000)
Atletico Madrid has been really active on the transfer market spending a staggering €90,000,000 on new signings so far. The club has agreed to a €70,000,000 fee for Thomas Lemar from AS Monaco. It is quite unusual for the club to spend colossal sums of money on new signings, but it is believed the administrators of the club believe they need to spend big this summer, as several clubs try to woo their players with attractive deals, to remain relevant and dominant in Europe this season.
#3 Paris Saint Germain(€135,000,000)
Paris Saint-Germain will pay a mandatory fee of €135,000,000 to AS Monaco to complete Mbappe's move. PSG have always been big spenders on the transfer market in the last seven years after Nasser Khalifa took ownership of the club. They have reportedly spent €1,500,000,000 to woo players like Zlatan Ibrahimovic, Thiago Silva, and other big names in the past. They spent a staggering world record fee to lure Neymar from Barcelona last season, and it is believed they are in violation of UEFA's Financial Fair Play regulation. This has been the reason they have stayed quiet on the transfer market this season. With the club's board still after European glory, it will not be surprising to see them spend more on transfer in the future.
#2 Liverpool(€184,700,000)
Liverpool has surprisingly spent huge sums of players this summer. Spending a total of 124.7 million euros on Naby Keita, Fabinho, Allison, and Shaqiri, Liverpool is second among the biggest spenders of Europe. As a club that rarely spent huge sums on signings, Liverpool has broken from that tradition under Klopp. During Klopp's time, the club has increasingly spent big on the transfer market with many speculating the Board seems impressed with the direction of the club under Klopp. The club placed second in the UEFA Champions League last season, the best they have placed in the last thirteen years, and the Board seems really eager to see the club repeat last season's success and are willing to break the bank for that.
#1 Juventus (€197,400,000)
Juventus tops our list having spent a whooping €197,000,000 on signings so far. It has recently completed its highest transfer ever for Cristiano Ronaldo from Real Madrid. Juventus is reportedly bent on reconquering Europe and are willing to increase spending on transfer to reach their ultimate goal if that is what it takes. Having failed to win the UEFA Champions league in two finals in the last five years, Juventus has spent a staggering €115,000,000 for Cristiano Ronaldo, who is believed is capable of helping Juventus recapture European glory, having won the trophy three times in the past five seasons. Juventus is still expected to spend money on other players this summer.
