4. Manchester United – €836.10m

Ever since Sir Alex Ferguson retired in 2013, the Red Devils have been a disaster and a far cry from their glory days. The memory of them winning two league titles early in the last decade doesn’t seem real anymore.

Five different coaches have sat in the Old Trafford dugout since in David Moyes, Ryan Giggs (interim), Louis van Gaal, Jose Mourinho and now Ole Gunnar Solskjaer.

And Man United have spent an absurd amount of cash in the last five years to change their fortunes. A world-record €105m fee to re-sign Paul Pogba from Juventus has literally gone up in smoke.

Seeing them so high up in this biggest spending football clubs list with little silverware doesn’t look good.