2. Chelsea - £233m spend
It is no surprise to see Chelsea in second place on our list of biggest net spenders.
Bankrolled by Roman Abramovich, the Blues are now one of the wealthiest clubs in the world, and have the trophy cabinet to prove it.
Since the Russian arrived in west London, Chelsea have claimed four FA Cups, three Premier League titles and the Champions League.
The money spent has not always been wise (Ahem, Fernando Torres) while the fact that they often have to pay sky-high prices for the best talent meant that when it came to move them on, relatively little money was recouped.