Premier League’s most expensive squads: Man City no longer in 1st spot, champions Arsenal in 6th

7) Newcastle United – £705m

This was a challenging summer for Newcastle as so many of their stars left, but it’s surely also helped them out a bit in terms of spending. Given their significant Saudi investment, it’s not too surprising to see them 7th on this list with a squad worth £705m.

8) Aston Villa – £495m

There’s quite a jump from 7th to 8th on this list, with Aston Villa’s total squad value a lot lower than Newcastle, and it’s not too surprising after a difficult summer saw them sell considerably more star names than they brought in. If Unai Emery can get them challenging for a place in Europe again this season, it’s truly superb work to be doing so with considerably less in the way of resources than his rivals.

9) Brighton – £421m

Brighton’s current squad might not have cost a huge amount, but it would be interesting to see the value of some of their recent sales. We’ve seen Chelsea raid them a few times now for major signings like Moises Caicedo and Joao Pedro, and one imagines there are a few more in this current Seagulls squad who’ll end up moving for considerably more than they joined for.

10) Brentford – £379m

Another club that does its recruitment really well, Brentford will probably remain competitive in the top half of the table again this season despite putting their squad together for a fraction of what Tottenham have spent. The Bees probably also have a few more superstars in the making in there somewhere who’ll move on for significant profit in upcoming transfer windows.

11) Bournemouth – £378m

Bournemouth are similar to the two clubs above them as they continue to punch well above their weight. The Cherries have mastered the art of snapping up bargains who later increase in value and earn big moves. Antoine Semenyo, Dean Huijsen, and Milos Kerkez were among their big sales last season, and there’ll surely be eyes on the likes of Alex Scott and Eli Junior Kroupi in the near future.

12) Nottingham Forest – £347m

Nottingham Forest have spent a lot in recent years, but usually without parting with vast sums of cash for any one player in particular. Still, someone like Liam Delap this summer was a significant investment, contributing to them being 12th on this list.

13) Ipswich Town – £311m

That’s quite an expensive set of players for a newly-promoted side who clearly knew they had to make significant changes in order to survive in the Premier League this season.

14) Fulham – £311m

Fulham continue to establish themselves as a safe mid-table Premier League club, and some smart spending this summer means they’re still looking in pretty strong shape without doing anything too crazy on the market.

15) Crystal Palace – £281m

Crystal Palace have had to cope with a lot of player sales in recent times, with Eberechi Eze moving on last summer, Marc Guehi in January, and then Maxence Lacroix this summer. Overall they’re not left with a particularly high-value squad.

16) Everton – £268m

Most fans would acknowledge that Everton look to have left themselves short with a quiet summer. The low value of their squad reflects the worrying lack of personnel in some key positions which could well lead to a season of struggling against relegation.

17) Leeds United – £240m

If Leeds manage to survive again in the Premier League this season, you can’t say they’ve just spent their way to success, with their squad value putting them just outside the relegation zone.

18) Sunderland – £232m

When you see this kind of money invested in Sunderland, it really starts to look like a miracle that they finished as high as 7th last season, but can they repeat the trick?

19) Coventry City – £174m

Unlike Ipswich, Coventry City have not spent huge money upon winning promotion to the Premier League, with their squad costing them just £174m.

20) Hull City – £160m

Finally, Hull City have really made a tremendous start with six points from their first six considering theirs is the cheapest squad in the entire Premier League. It’s also particularly damning for Tottenham, who have spent almost £600m more on their squad, but who sit bottom of the table with zero points and zero goals so far.