Betfred have conducted a study into every Premier League 2022/23 signing in both the summer and winter windows to establish which clubs have spent the most over or under the value of the players they’ve purchased at the time of each respective deal being made.
We’ve found that Chelsea have spent £522.38 million on players with a total collective value of £385.56 million, meaning they’ve spent £136.82 million over the value of the players they’ve purchased.
Chelsea’s winter acquisition of Enzo Fernández was found to be the ‘worst value’ signing in the 2022/23 season, with the blues spending £106.7 million on Fernández, who was valued at £48.5 million at the time of purchase. Erling Haaland was found to be the ‘best value’ purchase, with Manchester City signing the Norwegian for £51.9 million, despite being valued at £147.1 million.
The study, which includes values and transfer fees from Transfermarkt, has been broken down into the following five categories:
- Premier League clubs that have spent the most over the value of the players they’ve purchased (2022/23).
- Premier League clubs that have made the biggest losses on player sales in regards to the player’s value (2022/23).
- The Premier League’s ‘worst value’ signings (2022/23).
- The Premier League’s ‘best value’ signings (2022/23).
- Each Premier League club’s ‘worst value’ signing (2022/23).
Premier League clubs that have spent the most over the value of the players they’ve purchased (2022/23):
| Team | Total Transfer Spend | Total Player Value | Difference |
| 1. Chelsea | £522.38m | £385.56m | £136.82m over |
| 2. Newcastle United | £161.24m | £142.27m | £18.97m over |
| 3. Leicester City | £42.05m | £26.65m | £15.4m over |
| 4. Manchester United | £206.03m | £192.16m | £13.87m over |
| 5. AFC Bournemouth | £72.19m | £59.76m | £12.43m over |
| 6. West Ham United | £168.12m | £157.82m | £10.3m over |
| 7. Leeds United | £125.58m | £117.48m | £8.1m over |
| 8. Wolves | £152.2m | £155.52m | £3.32 m under |
| 9. Brentford | £43.71m | £49.16m | £5.45m under |
| 10. Brighton | £48.4m | £53.88m | £5.48m under |
| 11. Crystal Palace | £40.53m | £49m | £8.47m under |
| 12. Liverpool | £115.64m | £135.15m | £19.51m under |
| 13. Aston Villa | £86.74m | £106.89m | £20.15m under |
| 14. Fulham | £61.17m | £81.58m | £20.41m under |
| 15. Tottenham | £147.06m | £167.49m | £20.43m under |
| 16. Southampton | £125.38m | £146.74m | £21.36m under |
| 17. Everton | £67.69m | £95.39m | £27.7m under |
| 18. Arsenal | £167.49m | £195.95m | £28.46m under |
| 19. Nottingham Forest | £155.52m | £189.72m | £34.2m under |
| 20. Manchester City | £130.45m | £237.75m | £107.3m under |
Premier League clubs that have made the biggest losses on player sales in regards to the player’s value (2022/23):
| Team | Total Income on Players Sold | Total Player Value | Difference |
| 1. Chelsea | £51.28m | £166.59m | £115.31m under |
| 2. Manchester United | £9.74m | £82.82m | £73.08m under |
| 3. Arsenal | £20.6m | £79.63m | £59.03 under |
| 4. Manchester City | £138.41m | £190.3m | £51.89m under |
| 5. Fulham | £18.09m | £57.34m | £39.25m under |
| 6. Liverpool | £69.85m | £97.38m | £27.53m under |
| 7. Brentford | £3.12m | £24.93m | £21.81m under |
| 8. Aston Villa | £46.94m | £62.92m | £15.98m under |
| 9. Southampton | £0m | £11.25m | £11.25m under |
| 10. Tottenham | £33.11m | £42.18m | £9.07m under |
| 11. Nottingham Forest | £6.06m | £13.55m | £7.49m under |
| 12. Wolves | £52.31m | £59.19m | £6.88m under |
| 13. Everton | £90.42m | £96.94m | £6.52m under |
| 14. Brighton | £119.76m | £125.14m | £5.38m under |
| 15. Newcastle United | £0m | £1.64m | £1.64m under |
| 16. Crystal Palace | £4.72m | £6.1m | £1.38m under |
| 17. AFC Bournemouth | £0m | £0.87m | £0.87m under |
| 18. West Ham United | £18.71m | £19.52m | £0.81m under |
| 19. Leeds United | £93.66m | £85.55m | £8.11m over |
| 20. Leicester City | £70.46m | £58.43m | £12.03m over |
The Premier League’s ‘worst value’ signings (2022/23):
| Player | Cost of Player | Player Value | Difference |
| 1. Enzo Fernández (Benfica to Chelsea) | £106.7m | £48.5m | £58.2m over |
| 2. Mykhaylo Mudryk (Shakhtar Donetsk to Chelsea) | £61.7m | £35.3m | £26.4m over |
| 3. Casemiro (Real Madrid to Manchester United) | £61.2m | £43.3m | £17.19m over |
| 4. Noni Madueke (PSV to Chelsea) | £30.8m | £13.2m | £17.6m over |
| 5. Antony (Ajax to Manchester United) | £82.2m | £64.9m | £17.3m over |
| 6. Alexander Isak (Real Sociedad to Newcastle United) | £60.6m | £43.3m | £17.3m over |
| 7. Jakub Kiwior (Spezia to Arsenal) | £22m | £7m | £15m over |
| 8. Wesley Fofana (Leicester City to Chelsea) | £69.6m | £56.3m | £13.3m over |
| 9. Malo Gusto (Lyon to Chelsea) | £26.4m | £13.2m | £13.2m over |
| 10. Dango Ouattara (Lorient to AFC Bournemouth) | £19.8m | £8.8m | £11m over |
The Premier League’s ‘best value’ signings (2022/23):
| Player | Cost of Player | Player Value | Difference |
| 1. Erling Haaland (Borussia Dortmund to Manchester City) | £51.9m | £147.1m | £95.2m under |
| 2. Boubacar Kamara (Free transfer to Aston Villa) | £0m | £21.6m | £21.6m under |
| 3. Christian Eriksen (Free transfer to Manchester United) | £0m | £21.6m | £21.6m under |
| 4. Jorginho (Chelsea to Arsenal) | £10m | £30.9m | £20.9m under |
| 5. Gabriel Jesus (Manchester City to Arsenal) | £45.2m | £64.9m | £19.7m under |
| 6. James Tarkowski (Free transfer to Everton) | £0m | £19m | £19m under |
| 7. Cody Gakpo (PSV to Liverpool) | £37m | £52.9m | £15.9m under |
| 8. Pablo Sarabia (PSG to Wolves) | £4.4m | £17.6m | £13.2m under |
| 9. Fábio Carvalho (Fulham to Liverpool) | £5.1m | £17.3m | £12.2m under |
| 10. Jesse Lingard (Free transfer to Nottingham Forest) | £0m | £12.1m | £12.1m under |
Each Premier League club’s ‘worst value’ signing (2022/23):
AFC Bournemouth – Dango Ouattara (Signed from Lorient) – Cost of Player: £19.8 million Value of Player Bought: £8.8 million Difference: £11 million over value of player purchased.
Arsenal – Jakub Kiwior (Signed from Spezia) – Cost of Player: £22 million Value of Player Bought: £7 million Difference: £15 million over value of player purchased.
Aston Villa – Jhon Durán (Signed from Chicago Fire) – Cost of Player: £14.7 million Value of Player Bought: £5.3 million Difference: £9.4 million over value of player purchased.
Brentford – Keane Lewis Potter (Signed from Hull City) – Cost of Player: £16.4 million Value of Player Bought: £14.7 million Difference: £1.7 million over value of player purchased.
Brighton – Simon Adingra (Signed from Nordsjælland) – Cost of Player: £6.9 million Value of Player Bought: £5.2 million Difference: £1.7 million over value of player purchased.
Chelsea – Enzo Fernández (Signed from Benfica) – Cost of Player: £106.7 million Value of Player Bought: £48.5 million Difference: £58.2 million over value of player purchased.
Crystal Palace – Naouirou Ahamada (Signed from Stuttgart) – Cost of Player: £10.6 million Value of Player Bought: £4.9 million Difference: £5.7 million over value of player purchased.
Everton – Amadou Onana (Signed from Lille) – Cost of Player: £30.3 million Value of Player Bought: £30.3 million Difference: Cost of player is equal to value of player bought.
Fulham – Issa Diop (Signed from West Ham United) – Cost of Player: £13 million Value of Player Bought: £15.4 million Difference: £2.4 million over value of player purchased.
Leeds United – Georginio Rutter (Signed from Hoffenheim) – Cost of Player: £24.7 million Value of Player Bought: £14.1 million Difference: £10.6 million over value of player purchased.
Leicester City – Harry Souttar (Signed from Stoke City) – Cost of Player: £15 million Value of Player Bought: £5.3 million Difference: £9.7 million over value of player purchased.
Liverpool – Darwin Núñez (Signed from Benfica) – Cost of Player: £69.2 million Value of Player Bought: £60.5 million Difference: £8.7 million over value of player purchased.
Manchester City – Kalvin Phillips (Signed from Manchester City) – Cost of Player: £42.4 million Value of Player Bought: £38.9 million Difference: £3.5 million over value of player purchased.
Manchester United – Casemiro (Signed from Manchester United) – Cost of Player: £61.2 million Value of Player Bought: £43.3 million Difference: £17.9 million over value of player purchased.
Newcastle United – Alexander Isak (Signed from Real Sociedad) – Cost of Player: £60.6 million Value of Player Bought: £43.3 million Difference: £17.3 million over value of player purchased.
Nottingham Forest – Morgan Gibbs-White (Signed from Wolves) – Cost of Player: £25.5 million Value of Player Bought: £21.6 million Difference: £3.9 million over value of player purchased.
Southampton – Kamaldeen Sulemana (Signed from Rennes) – Cost of Player: £22 million Value of Player Bought: £15.9 million Difference: £6.1 million over value of player purchased.
Tottenham – Richarlison (Signed from Everton) – Cost of Player: £50.2 million Value of Player Bought: £47.6 million Difference: £2.6 million over value of player purchased.
West Ham United – Nayef Aguerd (Signed from Rennes) – Cost of Player: £30.3 million Value of Player Bought: £21.6 million Difference: £8.7 million over value of player purchased.
Wolves – Hwang Hee-chan (Signed from RB Leipzig) – Cost of Player: £14.5 million Value of Player Bought: £10.4 million Difference: £4.1 million over value of player purchased.
