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Top Five: Premier League's biggest net spenders (2)

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5. Arsenal - £20m net profit

Football News

The Gunners are one of only four teams to have made a profit on their transfer dealings since 2006/07.

What does that mean exactly? Well it could mean that Arsenal have been reluctant to spend in the transfer market - something that fans often accuse them of doing.

Of course, Arsenal have sold off their best players (Sami Nasri, Cesc Fabregas, Gael Clichy, Robin van Persie) in recent years for decent prices, which has an impact on their overall spend.

However it is interesting to see that Tottenham, in a very similar boat with their best players leaving, have been more prepared to go into the transfer market and spend if a big player leaves.

The club will say they are being persecuted for running a tight ship, and that when UEFA's financial fair play directive kicks in, they'll be in an excellent position to capitalise.

Is the lack of new, expensive arrivals to blame for the lack of recent silverware over the last eight seasons? It is hard to say, but the only other conclusion can surely be that Arsene Wenger is no longer up to the job. Either way, Arsenal must come up with some answers soon.

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Tottenham Hotspur
Manchester City
Premier League
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