Man United top league of transfer losses with $1.14 billion net spend

Manchester United's Cristiano Ronaldo reacts during the English Premier League soccer match between Manchester United and West Ham at Old Trafford stadium in Manchester, England, Saturday, Jan. 22, 2022. AP

Manchester United returned to the top of the table on Monday but not the one they were hoping for as they were named the club with the biggest transfer losses in the last decade, splashing out more than one billion euros ($1.14 billion) on players.

A study published by Switzerland-based independent research group CIES Football Observatory revealed United had a net spend of 1.075 billion euros since 2012, spending 1.545 billion on transfers while making 470 million back in player sales.