A report has revealed that the Glazer family have wasted more than £200million by paying over the odds for new players at Manchester United over the last 10 years.
United have been among the biggest spenders in the Premier League for a number of years, but they set a new record outlay over the summer when they splashed out £216million on six new arrivals.
New boss Erik ten Hag was heavily backed over the summer, with £85m Antony topping off the club’s signings.
In addition, Casemiro arrived from Real Madrid for £63m, while Lisandro Martinez was also signed for £51m.
And while the club’s owners have often been criticised for a lack of investment, the CIES Football Observatory claim they’ve actually paid in excess of £200m over true market value for new signings over the last decade.
The report states United have spent £1.4billion on players since 2012. However, the transfers were only worth a combined total of around £1.19bn.
That means the Glazers have wasted £210m by paying too much for new additions. That is more any other club in Europe, as reported in the Daily Express.
Juventus were not far behind though, having paid £208m more than they should have over the last decade. PSG also spent an excessive £142m on 31 players during that same period.
English clubs paying premiums for top talents
The report in the Express adds that those figures ‘can be attributed to the rapid inflation that has gripped the transfer market in recent seasons’. Indeed, that has forced clubs into splashing mind-boggling amounts of money in order to snap up the world’s biggest talents.
Chelsea, Arsenal, Aston Villa and Everton also feature high on the list of teams to have overpaid in the market.
That suggests that European clubs demand more for their players from Premier League teams because of the wealth in the English game.
Only three Premier League sides were among the 36 clubs that invested less money than expected to conclude the deals assessed, highlighting the role of English top-flight clubs in driving up transfer inflation.
Wolves were found to have underpaid by seven million euros, Tottenham by six million and Brighton by one million.
As for United, Paul Pogba remains their biggest outlay at £89m back in the summer of 2016. Harry Maguire also cost £80m, while the likes of Jadon Sancho, Antony, Martinez, Angel Di Maria and Anthony Martial have also been signed for huge fees since Sir Alex Ferguson’s exit in 2013.
Meanwhile, Ten Hag is expected to be backed again in upcoming windows, but not by as much.
Ten Hag January budget revealed
Indeed, The Sun suggests that the Dutchman will be handed £75m to bolster his first-team squad in January.
However, that figure could end up being used on one position if Cristiano Ronaldo leaves in the new year.
The Red Devils legend made his first start since the Brentford debacle in the Europa League last week. But he looks certain to be back on the bench when the Premier League returns after the international break.
Much depends on Marcus Rashford’s injury situation ahead of the Manchester derby on October 2.
The United forward was not picked by England boss Gareth Southgate for the upcoming Nations League games.
However, Rashford is only rumoured to have a minor knock that should not mean him missing much game time.
READ MORE: Ten players Man Utd failed to sign in the summer transfer window & how they’re faring
The article New report reveals Glazer family overpaid by more than £200m on Man Utd transfers over a decade; London duo also feature high on list appeared first on Teamtalk.com.