For more than a decade, Manchester City have spent money without worrying about adding up the numbers, but in 2022 so far, remarkably, they are actually making a net profit on the transfer fee.
Since taking over Abu Dhabi in 2008, the Citizens have spent some €2.25 billion on players. On the other side of the coin, they only took in €774m from player sales, giving them a net spend of over €1.4bn.
It gives Manchester City by far the highest net transfer spend in world football over the period, with not even Paris Saint Germain approaching spending levels at the Etihad.
Manchester Unitedby the way, is the only other club with a net spend of more than one billion euros over the period. Barcelona and Juventus follow PSGcompleting the top five.
In 2022 so far, however, counting last season’s winter transfer window and this summer’s window as things stand, City are in the odd position of having a negative net spend. , having collected more than he spent for once.
All of this, of course, assuming that the proposed deal of 59.1 million euros to be taken Raheem Sterling at Chelsea ends. The England international underwent a medical over the weekend and is expected to join his team-mates in the United States this week.
Sterling will be City’s third over €50m sale this year, after Gabriel Jesus and Ferran Torres were sold to Arsenal and Barcelona respectively for a similar fee.
The more modest sales of Pedro Porro (Sporting CP) for 8.5 million euros and Koh Itakura (Borussia Mönchengladbach) for five million bring City’s outgoing revenue to 179.8 million euros.
Despite the notable arrivals of Erling Haaland and Kalvin Phillipswith Argentine hope Julian Alvarezwhich still leaves the light blues with a positive balance of 54.05 million euros.
Of course, we’re not even halfway through July yet and you wouldn’t bet on City reopening their checkbook before the end of August. Time will tell, but maybe they finally manage to find a better balance to their previously unsustainable transfer business.