Manchester United have lost a mammoth £909million in net transfer spending over the past 10 years - the biggest amongst any team in the world - a new study has found.
The Red Devils, according to the CIES Football Observatory, have spent more than £1.3billion on players since the summer of 2012, taking in £397m in sales, and have won just four major trophies in that time and none since 2017.
The study also shows the Premier League's financial dominance across Europe, with six of the top 10 teams in terms of expenditure from England. The figures also show Everton and Aston Villa have recorded bigger losses than Chelsea and Liverpool with far inferior results to show for it.