Somtosport makes a compilation of top 10 Football clubs in the European Leagues that has most debt to their names
Professional football is one known to be power-packed with lots of financial needs and gains as going debt free after every season isn’t something very easy to come by.
From having too many players to pay huge sums weekly to having facilities to fix and staffs to pay, running a football club is indeed a hectic venture although the incomes are overwhelming.
Following a stat dropped by Deloitte, Somtosport brings you a quick run-down on the top 10 clubs with most wages as Chelsea and few other clubs shockingly miss the list despite having been slapped a heavy sanction by the UK Government lately. Although the sanction is lifted now, after the new owner took charge.
10. Liverpool Football Club – €386m debt
Also missing out on the Premier League following a late time stunner from Manchester City against Aston Villa helped keep away few sums they could have used to cover up these debts.
Liverpool are already looking to make space on their wage list by letting Origi leave after a long spell at the club.
Sadio Mane is also leaving amid strong interest from Bayern Munich as Reds eye space in their wage list to help reduce their €386m debt.
It’s unclear if the Reds will involve much in this summer transfer window as they have mostly been linked to no player ahead of the window.
9. Manchester United – €420m debt
Man United is clearly one team that can never miss out on this list until things take a new turn at the club.
Their €420m debt is definitely one of the main reasons for the #Glazersout movement that has led to lots of protest by the fans.
The Red Devil’s rank 9th on this list after rekindling relationship with 5 time Balon d’Or winner, Cristiano Ronaldo who was on his way to Manchester City before they stole in halfway to snatch him at the Airport.
Also signing Jadon Sancho and a whooping Harry Maguire move helped shoot this figures high as these players aren’t sitting on petty payments, especially Ronaldo.
Man United aren’t doing well with their performances and as such, sales are expected to drop as fans aren’t happy to even patronize their stores.
Coupled with the fact that the ownership are in for more of the earnings than investments, unlike former Chelsea owner, Roman Abramovich who wrote off a whooping £1.5B debt the club owes to him personally.
Man United are still linked to big names in the window this summer following the arrival of former Ajax manager, Erik Ten Hag. This means the figures could skyrocket after the summer window is closed.
8. Atletico Madrid – €523m debt
The Spanish team rank 8th on the list with their half a billion euros debt after they returned Antonio Griezmann to the squad.
The Attacker is known to be one of the reasons Barcelona would be spearheading this list of football clubs with most debts.
Atletico also has other big names on their list which they would probably want to do away with this summer, especially Luis Suarez who has confirmed to be leaving.
Atletico Madrid will be more of a shy participant of the summer transfer window as they would mostly go for the cheaper names in order to keep their debt in check.
7. Arsenal Football Club – €625m debt
A very bad season, a large debt headache and a Champions League late miss out, what more evil can an Arsenal fan ask for.
This indeed tells why the North Londoners are as well taking on the protest route with their #korenkeout.
Gunners are known to be one of the sides with the worst ownership in Premier League history, although their Academy has been top notch when it comes to producing talents but not to forget that this is as a result of evading landing big transfer names.
The ownership shy away from big transfer moves but yet the club are soaking in debt with yet no major trophy to their name in decades.
Arsenal are looking to spend around €50m this summer which could mean more debt to their name as they push closer to landing Gabriel Jesus.
6. Real Madrid C.F. – €662m debt
Los Blancos can’t miss out on this list as they would have whatever they believe in to thank for missing out on Kylian Mbappe which could have had their debt hitting the roof in no long time after his arrival.
Madrid were so close to landing the Frenchman but a last minute disappointment saved them the opportunity of sending their debt to heaven.
The signings of big names like Eden Hazard has helped keep this figure up as this type of deals comes with a huge weekly pay to the player.
Hazard sits on a contract that lasts until 2025 and even without living up to expectations due to injury issues, Los Blancos keep vomiting his weekly wage.
Real Madrid appear not scared of the figures as they were boldly pushing for Kylian Mbappe and has turned to other names after missing out on the attacker.
Tchouameni is one player they have secured, although yet to finish paperwork for his arrival but it’s understood that both parties have agreed terms.
The club also have sealed deal with former Chelsea defender, Antonio Rudiger who they will announce soon, and it’s also meaning huge wage to be paid weekly.
5. AC Milan – €666m debt
The Italians are cruising on the 5th place of the rank with their strange figures debt.
AC Milan managed to get their hands on the Serie A trophy this season, meaning greater goods could come next season to help write off some of their debts.
Ibrahimovic could be leaving this summer too to help lessen the financial burden on the club as letting Bakayoko return to Chelsea without pushing for a permanent deal discussion shows the financial position the club is at.
They could also let Theo Hernandez leave for a good fee as closing the gap is much of their interest at the moment.
4. Inter Milan – €702m debt
The Nerazzurris are only looking to send this figures higher by moving to reunite with Romelu Lukaku who they let off their chest a year ago.
Although they are pushing to having him back on a loan deal which would also involve him taking 40% pay cut.
Inter are also pushing to sell Lautaro Martinez to help recoup funds in order to cover up their debts to an understandable level.
3. Tottenham Hotspur – €826m debt
Sure every of our readers who is Spurs fan would be asking, how on earth they amassed such a huge debt and yet have failed to get their hands on even the smallest trophy.
The Tottenham Hotspur Stadium which cost around £1bn to build and was opened back in 2019 played a key role in this figure attaining such a great height.
Although Spurs look ahead for a very good season as they make a return to the UEFA Champions League and a top four finish for the 2021/2022 premier league season after frog-jumping Arsenal.
The North Londoners aren’t shying away from transfer business as they yesterday announced the signing of former Inter Milan player, Ivan Perisic and are also still chasing on other transfer targets.
Daniel Levy had a chance to close in on some of the debt but decided to reject a £100m deal for Harry Kane last summer.
2. Juventus – €900m debt
Juventus ranks second on the list with a €900m debt which they hope to cut down after this summer.
The Old Lady will be parting ways with one of their high rated attacker, Paulo Dybala as the Argentine was seen shedding tears on his last match for the club.
Chiellini will also be leaving this summer to the American Soccer League as agreement has already been reached with Los Angeles FC.
But this could be only making space for the arrival of Paul Pogba who the club will reunite with this summer. Pogba’s arrival will most likely keep the debt afloat with the Frenchman known to be a huge earner.
Juventus finished 4th on the Serie A table for the 2021/2022 season and would be looking to perform better next season.
1. Barcelona – €1.3bn
Barcelona are on another league when clubs with most debt are talked of as they head the list with a whooping €1.3bn debt.
The Catalans shot their own foot when they acquired Ousmane Dembele, Philippe Coutinho and Antonio Griezmann while still having Lionel Messi.
Although they later sold Messi to PSG but the damage has already been done as they were swimming in debt before letting go of the Argentine who even pleaded to take pay-cut in order to remain at the club.
Barça now look to make more space available after sending Coutinho on loan to Aston Villa and hope the Villains will want him on a permanent term.
Xavi’s desire to keep Ousmane Dembele after a great show from the Frenchman towards the end of last season, only would help send the club’s debt to the immortal realm of existence.
The club have a lifeline with Chelsea closing in strongly on the former Dortmund attacker who even has refused a renewal at Barcelona.
Griezmann is back at Atletico Madrid but on loan and Barça are hopeful the Spanish rivals want to keep him forever.
Laporta is already gasping for air as the debts which could fall in further is already choking the 59-year-old.
The club had a disappointing finish last season and also failed to get their hands on the Europa League after firing up performances under Xavi.
The club seem ready to take more risk of skyrocketing their debt as they push closer to landing AC Milan midfielder, Franck Kessie and Chelsea trio, Andreas Christensen, Cesar Azpilicueta and Marcos Alonso. These were once European Champions who won’t take petty payments.
Moreover, the club are already stuck as they can’t register new signings due to their financial state.
They are now relying on the departure of players like Dembele before they can register their incoming.
In summary below is a table ranking top 10 clubs with most debts in Europe
|10.||Liverpool Football Club||€386m debt|
|9.||Manchester United||€420m debt|
|8.||Atletico Madrid||€523m debt|
|6.||Real Madrid||€662m debt|
|5.||AC Milan||€666m debt|
|4.||Inter Milan||€702m debt|
|3.||Tottenham Hotspur||€826m debt|