To say that money doesn’t buy success is naïve, yet to believe that money is the sole ingredient in a recipe for success is equally so. Modern football is clearly in the grip of a financial revolution and, like it or not, it is becoming increasingly evident that club finances play a role in the success or failure of English clubs. To what extent, though, is this the case? Below is the Premier League net-spending chart for the last five years. The figure represents the total amount of money spent after player sales have been subtracted from the total.
Interesting to see that Stoke is 3rd on the list, and Arsenal have negative net spend :0