Leeds’ place in the below table compiled by football finance expert Kieran Maguire sheds light on why the club found itself in dire straits during the early 2000s, after expending tens of millions on players, which at the time represented a sum in excess of the club’s earnings.
Maguire described the table as such: “Inflation (using revenue as a measure of changing purchasing power) adjusted record transfer spending per season.”
Here are the 20 teams to have spent the most on players in any given Premier League season since 1992/93, adjusted for 2024 inflation.
19. Aston Villa: 1998/99
IN: £335.4m (Dion Dublin, Steve Stone, Steve Watson, Paul Merson, Alan Thompson, David Unsworth) | Getty Images
20. Manchester United: 2017/18
IN: £330.6m (Romelu Lukaku, Nemanja Matic, Zlatan Ibrahimovic, Alexis Sanchez, Victor Lindelof) | AFP via Getty Images