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How Much Money Every Club in Premier League History Has Made or Lost

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The financial aspect of running a football club is never simple, is it? That is especially the case in the Premier League, the most-watched league in world football, as teams often rely on money to compete in one of the toughest divisions on the planet. Those teams who get promoted from the Championship, in particular, require a windfall of cash if they have any chance of surviving among the very best in the country.

But how much has each team that have played in the Premier League era – from the likes of Oldham Athletic and Wimbledon, two sides who participated in its maiden campaign, to those who currently ply their trade in England’s primary division – earned in that period?

Football finance expert Kieran Maguire has taken to X (formerly Twitter) to reveal that, since the Premier League’s inception in 1992, clubs have lost just shy of £5 billion – £4.99bn, to be precise – and there are ten clubs, including Chelsea and Aston Villa, who are responsible for 90% of that significant loss. But who have lost the most money and which teams have been the best at handling their finances?

Premier League Teams, Since 1992, Who Have Made Money

Let’s kick things off with the shrewd money-makers who have plied their trade in the Premier League since its inception in 1992 and Swindon Town and Oldham Athletic, two sides now in League Two, kick things off with £0.1 million made, which is just bettered by that of Barnsley in League One – £0.7m.

Kieran McKenna’s Ipswich Town are hoping to return to the Premier League after being relegated (by virtue of their 19th-placed finish) at the end of 2024/25 but, as of now, their net gain is sitting at £1.3m.

Fellow Championship side Birmingham City, who have plans to build one of the biggest stadiums, worth £3 billion, in England, have added a total of £5.6m to their kitty, according to Maguire. Reading of League One have made a figure of £10.8m across the last 34 years or so – and that is bettered by Liverpool, who are one of six teams to never be relegated from the Premier League.

The Reds may have enjoyed a ton of seasons in England’s top flight post-1992 but their spending, especially under Jurgen Klopp, never reached the levels of Manchester United and Manchester City; and that could be a large factor behind the fact they’ve earned £12m in the allotted time frame.

Blackpool of League One, Norwich City of the Championship and Brentford of the Premier League all follow. As do Huddersfield Town, who have pocketed £33.5m, and Championship outfit Swansea City – who have benefitted from being one of the biggest sides in Wales alongside Cardiff City.

Brighton & Hove Albion and Burnley, two sides in the Premier League, are among the biggest money-makers, too, having earned respective figures of £46.1m and £131m.

Arsenal and Tottenham Hotspur, two halves of one of the biggest derbies in British football, are the two sides that have chalked up the most money since the Premier League was made in 1992. The Gunners, thanks to their global influence, are a money-making side – and that’s evidenced by their figure of £132.4m, which is just less than Spurs, who have earned £183.2m in that time.

Premier League Teams, Since 1992, Who Have Made Money

Team

Current League

Money Made Since 1992

Swindon Town

League Two

£0.1m

Oldham Athletic

League Two

£0.1m

Barnsley

League One

£0.7m

Ipswich Town

Championship

£1.3m

Birmingham City

Championship

£5.6m

Reading

League One

£10.8m

Liverpool

Premier League

£12m

Blackpool

League One

£20.9m

Norwich City

Championship

£30.3m

Brentford

Premier League

£31.2m

Huddersfield Town

League One

£33.5m

Swansea City

Championship

£35.1m

Sheffield United

Championship

£35.2m

Brighton & Hove Albion

Premier League

£46.1m

Luton Town

League One

£49.5m

Hull City

Championship

£51.7m

West Bromwich Albion

Championship

£68.1m

Burnley

Premier League

£131m

Arsenal

Premier League

£132.4m

Tottenham Hotspur

Premier League

£183.2m

Premier League Teams, Since 1992, Who Have Lost Money

There are, however, teams that aren’t as trusty with their money. Wimbledon, now in League One, have lost a mere (in hindsight) £1.4 million, and they are quickly followed by Bradford City and Cardiff City – two teams that also ply their trade in England’s third tier. Respectively, they’ve lost £5.6m and £9.5m since 1992.

Charlton Athletic, now managed by Nathan Jones, used to be a regular fixture in the promised land of English football, but they are now in the Championship after winning the play-off final against Leyton Orient. The likes of League One’s Wigan Athletic (£21.8m) are also among those to have lost money.

As are the Championship sextet: Coventry City, Sheffield Wednesday, Queens Park Rangers, Watford, Portsmouth and Derby County, who are widely regarded as one of the worst teams in Premier League history.

Nottingham Forest have not been afraid to splash the cash since they’ve established themselves as a regular in the Premier League era and that’s been reflected in the fact they’ve lost £61.1 million since 1992, which is when Division One transformed into the Premier League.

Albeit now in League One, there was a time when Bolton Wanderers were involved in proceedings at the summit of English football – and many believe they contributed to the golden era of top flight action. All in all, they’ve lost £107.1 million in that time and that is just less than Leeds United and Wolverhampton Wanderers (£109.1m and £121.4m, respectively).

Nearing the top of the list, of course, are a heap of sides who have been playing in the Premier League for a while, thus allowing them to spend big and sometimes beyond their means. West Ham United (£135.1m), Newcastle United (£148.1m) and Crystal Palace (£171.6m) have all recorded losses.

White Black Modern Photo Collage Before After Youtube Thumbnail - 2025-12-28T212421.025


Every Premier League Club Ranked on How Much They Are Worth – Liverpool Only 3rd

Six clubs are priced at over one billion pound.

Two teams on either side of the Manchester derby, Manchester United (£244.1m) and Manchester City (£569.7m), have not been afraid to spend big on new players. The latter, however, have managed to outlay their billions’ worth of new recruits with outgoings.

This should come as little to no surprise, but the club who have lost an eye-watering £1.26 billion between 1992 and the present day are Chelsea, who have become one of Europe’s talent hoarders. Partial to over-spending on players that are not up to scratch (think Mykhailo Mudryk and Alvaro Morata both spring to mind), the Blues are only set to spend more and more under the ownership of Todd Boehly and Clearlake Capital.

Premier League Teams, Since 1992, Who Have Lost Money

Team

Current League

Money Lost Since 1992

Wimbledon

League One

£1.4m

Bradford City

League One

£5.6m

Cardiff City

League One

£9.5m

Charlton Athletic

Championship

£19.1m

Wigan Athletic

League One

£21.8m

Coventry City

Championship

£22m

Derby County

Championship

£24.1m

Sheffield Wednesday

Championship

£25.1m

Queens Park Rangers

Championship

£42.9m

Watford

Championship

£54m

Portsmouth

Championship

£55.4m

Nottingham Forest

Premier League

£61.1m

Stoke City

Championship

£77.3m

Blackburn Rovers

Championship

£77.8m

Bolton Wanderers

League One

£107.1m

Leeds United

Premier League

£109.1m

Wolverhampton Wanderers

Premier League

£121.4m

Southampton

Championship

£123.1m

West Ham United

Premier League

£135.1m

Middlesbrough

Championship

£147.9m

Newcastle United

Premier League

£148.1m

Crystal Palace

Premier League

£171.6m

Bournemouth

Premier League

£174.4m

Leicester City

Championship

£182.4m

Sunderland

Premier League

£211m

Manchester United

Premier League

£244.1m

Fulham

Premier League

£357.6m

Manchester City

Premier League

£569.7m

Everton

Premier League

£633.1m

Aston Villa

Premier League

£677.9m

Chelsea

Premier League

£1.26bn

All figures per football finance expert Kieran Maguire – correct as of 22/01/2026

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Heartbreaking Footage of Ilia Topuria Straight After Justin Gaethje Loss

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It was a brutal night for former featherweight champion, Ilia Topuria, as he was savagely beaten by Justin Gaethje at UFC Freedom 250 in front of the White House.

Following constant personal back and forth between the pair in the build-up to the scrap for the lightweight title, it came as no surprise that this was an all-out war for the majority. Both fighters had moments of sheer brutality, but it was the American who dealt with it better and outlasted his opponent, eventually making him retire on his stool in between the fourth and fifth round.

Justin Gaethje Stops Ilia Topuria After Brutal Fight

In truth, it was a pretty even fight for the majority, but following a seriously brutal third round, it was Gaethje who took control, with Topuria’s face becoming quite the picture after suffering severe punishment over and over.

In fact, the doctor nearly brought an end to the fight one round earlier than the eventual stoppage, claiming that Topuria couldn’t see out of one of his eyes. However, referee Marc Goddard overruled the decision and the fight resumed, despite the Georgian getting a lot more time to recover than he should have.

But, it didn’t make a difference in the end, as in round four, the onslaught continued. By this point, Topuria’s face was bloodied, battered, and bruised. Everything Gaethje landed was making a lasting impression. This wasn’t the case the other way round, though.

Despite Topuria landing some sickening shots of his own, especially to the body of Gaethje, the American didn’t look like he had been in a fight whatsoever, especially not compared to his opponent.

In the end, enough was enough, and Topuria opted to retire on his stool between the fourth and fifth round, losing his unbeaten status in the process. For Gaethje, however, it was undisputed status at last, after a few previous unsuccessful attempts.

Ilia Topuria After Losing to Justin Gaethje

Despite not being shown on the broadcast after losing, Topuria was spotted by fans in attendance, and one fan’s footage has quickly gone viral after being shared on social media platform X.


Justin Gaethje


Judges’ Scorecards For Ilia Topuria vs Justin Gaethje at UFC Freedom 250

The judges’ scorecards for Ilia Topuria vs Justin Gaethje at the time of stoppage make for interesting reading…

Topuria could be seen getting helped out of the Octagon and begin to make his way backstage, momentarily putting a towel over his head so no one could see him or his battered face.

Whether you’re a fan of Ilia Topuria or not, or even just wanted Justin Gaethje to win at UFC Freedom 250, you can admit it’s heartbreaking to see him so down and deflated after an epic fight that he just came up short in.

One thing is for sure, though, Topuria will be back.

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Judges’ Scorecards and Punch Stats For Ilia Topuria vs Justin Gaethje at UFC Freedom 250

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Justin Gaethje lived up to his nickname as The Human Highlight as, in the early hours of Monday, the 15th of June, at The White House in Washington, D.C., the American fighter brutally rearranged Ilia Topuria’s face to score a corner stoppage between the fourth and fifth round of a feral fire-fight atop the UFC Freedom 250 card.

Gaethje wasn’t expected to be competitive, let alone successful, in his challenge of Topuria’s UFC lightweight championship. Largely thanks to Gaethje’s status as a bridesmaid rather than a bride, combined with Topuria’s crushing knockout victories over Alexander Volkanovski, Max Holloway, and Charles Oliveira.

But, in the open-air venue on the South Lawn of one of America’s most iconic buildings, the Spanish-Georgian suffered the first loss of his stunning career — and, when you look at the punch stats, but particularly the scorecards, it wasn’t even close.


Sean Strickland


Sean Strickland Reacts After Getting Arrested Before UFC Freedom 250

Sean Strickland cannot help but keep getting himself into trouble with the UFC…

Scorecards & Punch Stats For Justin Gaethje vs Ilia Topuria

Ilia Topuria Speaking

See the scorecards right here:

More to follow…


Jon Jones


Jon Jones Immediately Posted After Alex Pereira Was Brutally Stopped By Ciryl Gane at UFC Freedom 250

It did NOT take long for the GOAT to react to Ciryl Gane’s massive win over Alex Pereira at The White House…

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Jon Jones Immediately Posted After Alex Pereira Was Brutally Stopped By Ciryl Gane

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It did not take long for one of the all-time great MMA fighters, Jon Jones, to respond to Ciryl Gane‘s electrifying victory over Alex Pereira on the South Lawn of The White House on Sunday in Washington, D.C.

Gane has challenged for the UFC championship multiple times during his stint as a fighter on Dana White‘s roster, including a first-round knockout loss to Jones himself. But, on the 14th of June, Gane finally got his hands on a belt thanks to knocking Pereira out in brutal fashion while the Brazilian was still on his feet in the second round.

It all went down at the UFC Freedom 250 event — to commemorate the 250th anniversary of the United States, as well as the 80th birthday of sitting U.S. President, Donald Trump. Every fight on the seven-fight card yielded an incredible finish, and the Gane vs Pereira bout was no different.


Eric Trump with Kayla Harrison and Donald Trump


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At least one member of the mixed martial arts press corps also claims to have seen the tweets.

Jon Jones Reacts to Ciryl Gane’s KO of Alex Pereira

Alex Pereira vs Ciryl Gane Credit: Amber Searls-Imagn Images

Watch Jones’s official response right here:

Elsewhere on the UFC Freedom 250 card, Mauricio Ruffy roughed-up Michael Chandler with a spinning wheel kick and punches in the first round, Sean O’Malley finished Aiemann Zahabi, and Josh Hokit annhilated Derrick Lewis at heavyweight. Earlier in the show, Bo Nickal needed only one round to eviscerate Kyle Daukaus, and Diego Lopes came-from-behind to descimate Steve Garcia.

More to follow…


Sean Strickland


Sean Strickland Reacts After Getting Arrested Before UFC Freedom 250

Sean Strickland cannot help but keep getting himself into trouble with the UFC…

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