Published 12:19 IST, October 1st 2020

Man City net transfer spent has crossed £1 billion, Man United ranked second at £906m

The 'Man City net transfer spent' has officially breached the £1 billion mark after the club confirmed the signing of Ruben Dias for £64 million.

Reported by: Sujay Chakraborty
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A lot has been said about Manchester City's spending spree since its take over in 2008 by Abu Dhabi United Group. cash-rich owners meant City have generally been highest spenders in league, which has resulted in an influx of talent to blue half of Manchester.

In 2019, Man City became first team in football history to spend more than €1 billion to assemble ir squ. data analysed by Swiss-based CIES Football Observatory estimated City to have breached  €1 billion-mark with its transfer spending. w, according to latest analysis by Transfermarkt, Man City are first club to cross  £1 billion (€1.1 billion) with respect to net total of money spent on transfers.

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Man City net transfer spent breaches £1 billion mark

club's recent splurge in transfer market to rectify ir leaking defence means Man City net transfer spent figure stands at a whopping £1.016 billion. This season, Pep Guardiola's side spent a combined £106 million on defensive duo Nathan Ake and Ruben Dias, who arrived at Etih from Bournemouth and Benfica, respectively. If reports in UK are believed, Man City are also looking to sign a left-back before transfer window closes on October 5. Bayern Munich's David Alaba and Ajax defender Nicolas Taglifico are rumoured targets for City. 

Also Re | Man City Transfer News: Guardiola Could Target Alaba Or Tagliafico To Solve LB Woes

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In list for highest net spenders in Premier League, Man City are closely followed by ir city rivals Manchester United. Red Devils' net transfer spending stands at £906 million. number is expected to see a bump before window closes as United are currently linked to Porto's Alex Telles, Dortmund attacker Jon Sancho and also a loan move for Barcelona's Ousmane Dembele.  

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Unlike Man City though, United have failed to replicate ir ermous transfer spending into on-field success. Since Sir Alex Ferguson left club in 2013, United are yet to win Premier League, with only Europa League, an FA Cup and a League Cup to show for during that time. Furrmore, Red Devils' manment has been repeatedly been criticised by fans for failing to bring right talent to club that could help m get back ir old glory days.

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Manchester clubs are followed by Chelsea (£485m), Arsenal (£424m) and Liverpool (£324m). Chelsea's intricate system of moving ir young players on means club's net spending is almost half of Man United, despite fact that Chelsea have spent more in transfer market than Red Devils. Meanwhile, Liverpool remain fourth on list, largely thanks to big-money sales of Luis Suarez (£65m) and Philippe Coutinho (£130.5m) to Barcelona in past seven years. 

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(Im Credits: Man City Official Website)

12:19 IST, October 1st 2020