Splashing The Cash! Premier League Squad Values 2017/2018 - Part 1
Beyond a shadow of a doubt the Premier League is a big money game. With the average value of a Premier League squad currently sitting at a staggering £300 million, it’s evident that if you want to make it in this game, you’ll need to find some pretty wealthy investors.
There’s plenty of controversy about how big money is causing problems in English football. You only have to look at the divide between the top six clubs in the Premier League table to realise how multi-million dollar signings have developed something of a rift between the haves and that have-nots. And with Paris St-Germain’s £198 million signing of Neymar last year, it seems that this trend is going to be perpetuated the world over.
However, it’s also true that money doesn’t always automatically mean footballing happiness. Take Leicester City’s incredible Premier League triumph of 2015/16. Despite having a squad filled with relatively unknown players, they managed to defy the bookies to win the title at odds of 5000/1.
We only have to look at the sad story of Portsmouth’s bankruptcy in 2010 to see how financial mismanagement can lead to the collapse of some seemingly invincible English teams. So let’s take a look at how much each team has splashed on their squads.
Nobody would question the fact that Pep Guardiola’s mammoth spending sprees have helped Manchester City race ahead of their rivals in the Premier League table. Sheikh Mansour’s investment has meant that fans at the Etihad have got to enjoy £54 million investments on stars like Kevin De Bruyne. But you also have to remember that Vincent Kompany was a bargain £6 million buy from Hamburg. So whilst Manchester City know how to spend big money, they also know the value of a shrewd investment.
Manchester United have also had to rely on the chequebook to maintain their incredible football legacy. But expensive flops like Memphis Depay and Ángel Di María show that Manchester United might need to think a little more carefully about their big money signings. Thankfully the team have invested wisely in home-grown talent like Marcus Rashford and Jesse Lingard to help them sustain their excellent sporting reputation.
Everybody knows that the Russian billionaire, Roman Abramovich, has made no attempt to hide that money has the power to dramatically affect a team’s fortunes. But whilst the Chelsea owner has given team’s managers plenty of cash, it hasn’t always turned into footballing gold. Massive recent signings like Álvaro Morata and Tiémoué Bakayoko have helped keep the team in the top six. But the question remains of where would this London side be without the money of Abramovich?
Tottenham are another London team who’ve splashed out plenty of cash in hope of gaining that elusive Premier League title. £42 million signings like Davinson Sánchez have helped a revival of spirits at White Hart Lane. But it’s evident that Tottenham’s youth team have had a big part in boosting Spurs’ success with star strikers like Harry Kane showing that a little investment in homegrown players can pay off massively.
There’s no doubt that Liverpool’s £36 million signing of Mohamed Salah has proven to be one of the best purchases ever at Anfield. But Liverpool have a history of blowing massive amounts of money in disastrous fashion as botched signings like Mario Balotelli and Christian Benteke prove. And with homegrown players like Daniel Sturridge on loan to West Bromwich Albion, it shows that Liverpool could be nowhere without their massive investments.
It’s not just Arsene Wenger’s perilous predicament that’s causing concern for Gunners’ fans, as big money signings like Alexandre Lacazette have failed to get the team anywhere near the Premier League title. Arsenal have a history of inefficient spending, but deals like getting Danny Welbeck for £14 million from Manchester United shows that they can sometimes get it right. But with no silverware in sight, it seems that all is not well at the Emirates Stadium.
Everton have thrown plenty of money around in their bid to join the top six. But the £49 million signing of Gylfi Sigurdsson has failed to help the Goodison Park faithful get much in return. In addition to this, they’ve had to see Romelu Lukaku jump ship to Manchester United. And whilst Wayne Rooney’s return shows that this club can inspire a certain amount of loyalty, it seems that Everton’s Academy will have to work harder to keep their team afloat.
If you need a good example of how money can’t buy success, then just take a look at Southampton’s fortunes. Despite massive spending sprees on the likes of Guido Carrillo, their £223 million squad is languishing in the relegation zone. And their habit of selling homegrown stars like Gareth Bale and Theo Walcott at the first opportunity shows that this team need to think a little better about how they manage their money.
Leicester City shocked the sporting world when they picked up the Premier League title in 2016. Their system of signing up so-called Premier League rejects like Jamie Vardy showed that you don’t always need plenty of cash to cause a real upset. However, recent £25 million flops like Kelechi Iheanacho shows that Leicester City could be in danger of learning the bad habits of some of their bigger spending rivals.