Manchester Clubs Have Accounted For More Than 40% Of $1.03B Spent By EPL Clubs

A study by Spreadex.com found that after the recent signings of Paul Pogba and John Stones, ManU and Man City's summer transfer spending "accounts for almost half of the total outlay by Premier League clubs," according to Ed Dove of REUTERS. The Manchester clubs' combined £322M ($417.41M) expenditure made up over 40% of the league's total £794M ($1.03B) summer spending since May. ManU paid a world record fee of £89M ($115.4M) for Pogba. Man City signed England defender Stones from Everton for £47.5M ($61.6M). The spending power of the Manchester two "underpins the dominance" of the "Big Six," with Arsenal, Chelsea, Liverpool, Tottenham Hotspur, Man City and ManU spending £529M ($686M) since May, "twice as much as the rest of the league combined, according to Spreadex's figures." The outlay of the Big Six "dwarves the league's average spend per club" of £23M ($29.8M), while only four sides have turned a profit to date this summer (REUTERS, 8/11).