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Manchester City's net spend on transfers is at -£1.2 billion and the closest team to them is Paris Saint-Germain who have a net spend of -£822 million.
The Premier League champions have shelled out an enormous amount of money since 2008. They've spent a whopping £1.5 billion and have a net spend of -£1.2 billion.
Eights teams including City have splurged in excess of £1 billion on players since 2008. Real Madrid, Barcelona, Chelsea, PSG, Juventus, Manchester United and Liverpoool.
While AS Monaco and Borussia Dortmund are the only teams in the top 20 to have a positive net spend.
The pair of clubs have made huge profits over the years. From the sales of Kylian Mbappe to Ousmane Dembele. They both commanded mega transfer fees.
Below is the top 20 per Transfermarkt.
Position - Team - Expenditure - Net Spend
1. Manchester City: £1.5 billion (-£1.2bn)
2. Real Madrid: £1.27 billion (-£658m)
3. Barcelona: £1.27 billion (-£658m)
4. Chelsea: £1.22 billion (-£447m)
5. Paris Saint-Germain: £1.11 billion (-£822m)
6. Juventus: £1.08 billion (-£426m)
7. Manchester United: £1.04 billion (-£721m)
8. Liverpool: £1.01 billion (-£327m)
9. Inter Milan: £786 million (-£237m)
10. AC Milan: £746 million (-£347m)
11. Atletico Madrid: £740 million (-£69m)
12. AS Roma: £691 million (-£32m)
13. Arsenal: £665 million (-£297m)
14. Tottenham: £665 million (-£71m)
15. Bayern Munich: £661 million (-£395m)
16. AS Monaco: £615 million (+£247m)
17. Napoli: £593 million (-£222m)
18. Borussia Dortmund: £562 million (+£25m)
19. Everton: £530 million (-£220m)
20. Wolfsburg: £507 million (-£182m)
City top the pile and they could continue their transfer spree during this summer window. The Blues have been strongly linked with new recruits as they look to bolster their squad ahead of the 2019/20 season.
Riyad Mahrez remains the club's record transfer at £60 million.
Will they break their transfer record this summer? Watch this space.
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