Kieran Maguire of the PriceofFootball reveals that since the start of the Premier League in 1992 until the end of the financial year for most clubs of 30 June 2019, Premier League clubs have spent gross just under £17,000,000,000 on players.
The Top Ten clubs have spent £11.3 billion (66.7%) of the total paid by Premier League clubs on players since its inception. Five clubs have spent over one billion: in order, Chelsea; Manchester City; Manchester United; Liverpool; Arsenal.
Apart from Spurs, it is questionable whether the next five have always got value for money: Tottenham Hotspur; Everton (£827m); Newcastle United; West Ham United; Southmampton (although a net figure might put them in a much more favourable light)
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