Football costs money -- "a lot of money," according to Neil Halligan of ARABIAN BUSINESS. Just ask Man City, the
team bought by Abu Dhabi United Group in '08, which has spent $766.6M net on transfers "since that September takeover six
years ago." Arabian Business revealed "exactly
how much it has cost" Man City, and "all the other English football
clubs that have maintained their positions in the Premier League" since '08, to buy each point in what "many fans see as the world’s most
exciting sporting league." Propping up the table is Man City. Every point picked up since '08 has cost the current Premier League champions $1,738,270 in net transfer fees. The figure is "not far off double the
investment paid by Chelsea, the next biggest spender, which has poured
in $948,562 for each point gained." At the "top of our table is Everton." Unsurprisingly, the "spendthrift
days of David Moyes saw the Merseyside club finish up with a negative
spend" -- ManU made $44.7M from its transfer dealings, "meaning for every
point they secured during their six-year period, they actually earned"
just more than $124,492 (ARABIAN BUSINESS, 11/9).
