Arsenal have the third-highest net spend of any Premier League club since Mikel Arteta took the job, back in December 2019.
When Arteta took the job, Arsenal sat 10th in the Premier League table and were in desperate need of a rebuild.
After finishing 8th in his first full season in charge, the club has been on an upward trajectory since then, having finished second for the last three consecutive years.
During that time, Arsenal have spent €1.138billion on transfer fees, with their biggest purchases being for Declan Rice, Viktor Gyorkeres and Eberechi Eze.
They’ve also sold several players over the last six and a half years, having recouped €241million via player sales.
In total, that gives Arsenal a net spend of -€632.28million since Arteta took the reins, which is the third highest in the Premier League.
Even if the Gunners spend heavily again this summer, they are still behind both Manchester United and Chelsea when it comes to net spend.
The Red Devils have a -€916million net spend since December 2019, while Chelsea top the list with a mammoth -€1.04billion net spend during that period.
While Manchester City have spent more money than Arsenal in recent years, they’ve also made considerably more through player sales, so rank three places lower than them on this list.
Liverpool are fifth with a net spend of -€629million since Arteta took over at Arsenal, while Spurs are fourth with a whopping net spend of -€769million.
At the opposite end of the list, Wolves are the only Premier League club with a positive net spend since Arteta took over at Arsenal.
Largely thanks to the sales of Matheus Cunha, Max Kilman and Matheus Nunes, Wolves have made a €12million profit from the transfer market since December 2019.
Here’s the full breakdown of each Premier League club and their net spend since Arteta took over at Arsenal.
1. Chelsea
Expenditure: €2.15bn
Income: €1.146bn
Net Spend: €1.004bn
2. Manchester United
Expenditure: €1.247bn
Income: €331m
Net Spend: €916m
3. Arsenal
Expenditure: €1.138bn
Income: €241m
Net Spend: €897m
4. Tottenham
Expenditure: €1.144bn
Income: €375m
Net Spend: €769m
5. Liverpool
Expenditure: €1.088bn
Income: €459m
Net Spend: €629m
6. Manchester City
Expenditure: €1.273bn
Income: €704m
Net Spend: €569m
7. Newcastle
Expenditure: €859m
Income: €325m
Net Spend: €534m
8. West Ham
Expenditure: €845m
Income: €437m
Net Spend: €408m
9. Nottingham Forest
Expenditure: €701m
Income: €321m
Net Spend: €380m
10. Crystal Palace
Expenditure: €469m
Income: €223m
Net Spend: €246m
11. Aston Villa
Expenditure: €756m
Income: €534m
Net Spend: €222m
12. Leeds United
Expenditure: €533m
Income: €318m
Net Spend: €215m
13. Fulham
Expenditure: €375m
Income: €173m
Net Spend: €202m
14. Sunderland
Expenditure: €243m
Income: €86m
Net Spend: €157m
15. Burnley
Expenditure: €397m
Income: €272m
Net Spend: €125m
16. Everton
Expenditure: €418m
Income: €333m
Net Spend: €85m
17. Bournemouth
Expenditure: €574m
Income: €498m
Net Spend: €76m
18. Brentford
Expenditure: €374m
Income: €310m
Net Spend: €64m
19. Brighton
Expenditure: €656m
Income: €624m
Net Spend: €32m
20. Wolves
Expenditure: €694m
Income: €706m
Net Spend: +€12m
READ NEXT: The Premier League net spend table since Liverpool sold Coutinho in 2018
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