Manchester United’s £120m spending squeeze shows aim to close gap on Man City

Manchester United have closed the gap on cross-city rivals Manchester City when it comes to having the most expensively assembled squad from players signed for transfer fees in Europe’s top-five leagues, new data has revealed.

Data released by the CIES Football Observatory has confirmed that United, who completed the big-money signings of Raphael Varane, Jadon Sancho and Cristiano Ronaldo during the transfer window, now have a squad that is not far away from City’s in terms of the monetary values spent on players to assemble the squad they currently have.

The data shows that United’s squad, based on the players within it that have been signed for transfer fees, including add-ons, is now priced at a whopping £877,999,980million.

United spent more than well over £100million during the summer transfer window, with the planned additions of Varane and Sancho costing £115.9million, though that figure could increase depending on how Varane performs at Old Trafford.

United’s heavy investment in the squad this summer means the players within the squad they have spent money on now stands at just £57million less than what City have spent on players currently available to Pep Guardiola, showing that the gap has decreased, despite City splashing out £100million on Jack Grealish from Aston Villa last month. City’s squad, based on the players currently in it, has a value of £926,672,400.

From when the last study was carried out, the gap between the two clubs has decreased by just over £120million.

When removing add-ons from the equation, the value of City’s squad stands at £872,799,570 and United’s at £743,192,540.

Both City and United are the only clubs within Europe’s top five leagues to have splashed out over £850million on transfer indemnities to create their current squads.

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Sitting high up in the top two positions, City and United are joined on the podium by French heavyweights Paris Saint-Germain, who have spent £805,568,100 on transfer fees based on the players within their current squad.

In terms of City and United’s nearest rivals in England, Chelsea are next in the queue, spending £669,192,000 on transfer fees, including possible add-ons, whilst Liverpool have splashed out £576,542,400 on transfers.

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