Man Utd have wasted more money than any European rival as £908m spend emerges

It is no secret that Manchester United have wasted plenty of money over the last century, and it has revealed that they spent £908m on new signings.

Since the departure of Sir Alex Ferguson in 2013, the Red Devils have struggled in all competitions and continually looked to the transfer market to try and bring in players to reignite the team.

But a large bulk of their acquisitions have flopped at Old Trafford.

Angel Di Maria (£67.5m), Anthony Martial (£54m) and Harry Maguire (£78m) are just a few names amongst a plethora of players who have massively underperformed since joining United.

Jadon Sancho and Raphael Varane were purchased ahead of the start of the season for a combined total of £112.5m, and although neither have lit up the Premier League just yet, it is too early to completely judge either of the pair.

According to CIES Football Observatory, the club have made the biggest loss on transfers in the past 10 years – £78m more than rivals Manchester City, who have trophies and a star-studded squad for their expenditure.

United are currently sitting in fourth place in the Premier League and have been tipped by many to splash the cash again in the summer once a permanent manager is found.

Current boss Ralf Rangnick went unbacked in the January transfer window, with the board keen to only buy players who are part of the plans of his successor.

HAVE YOUR SAY! Who has been Manchester United's biggest flop? Comment below.

Paris Saint-Germain are named the third team with the biggest loss on transfers to their name.

Barcelona make up the top four, unsurprisingly, with a £549m loss, which is made all the more damaging to the finances of the club given the wage packages that some of their previous flops were offered.

It remains to be seen how United’s finances pan out as the seasons go by, and with Rangnick soon moving into a consultancy role it will be interesting to see whether the German can bring in a more influential crop of players.

Top 10 clubs for negative net spend over the past 10 years:

1. Manchester United – £908m (€1075m)

2. Manchester City – £831m (€984m)

3. Paris Saint-Germain – £794m (€941m)

4. Barcelona – £549m (€650m)

5. Arsenal – £492m (€583m)

6. Juventus – £473m (€561m)

7. AC Milan – £364m (€432m)

8. Everton – £362m (€429m)

9. Aston Villa – £358m (€424m)

10. Chelsea – £348m (€413m)

Source: Read Full Article