Barcelona and Chelsea lose €1bn in transfers Debt-ridden Barcelona and nouveau riche Chelsea have lost the most money through player transfers in world football since 2014, according to research group CIES Football Observatory CLUBS GENERATING HIGHEST LOSS (€M) Balances for non-academy players signed and transferred between 2014-23 Team Spending Receipt Loss Barcelona ESP 1244 613 631 Chelsea ENG 1213 730 483 Arsenal ENG 584 148 436 PSG FRA 825 415 410 Man Utd ENG 726 398 328 AC Milan ITA 625 327 298 Aston Villa ENG 366 110 256 Everton ENG 657 406 251 Barcelona signed Philippe Coutinho (inset) for €135m from Liverpool in 2018, before selling to Aston Villa in 2022 for just €20m CLUBS GENERATING MOST PROFIT (€M) Team Spending Receipt Profit LOSC Lille FRA 241 627 386 Ajax NED 313 630 317 Salzburg AUT 84 317 233 Monaco FRA 588 806 218 Leipzig GER 329 545 216 Sassuolo ITA 227 435 208 Benfica POR 340 540 200 Atalanta ITA 293 493 200 Lille bought Victor Osimhen for €22.4m in 2019, before Napoli swooped one year later in €75m deal Sources: CIES Football Observatory, Transfermarkt Picture: Getty Images © GRAPHIC NEWS