Premier League table v cost of squad: Teams ranked from least to most expensive with actual league position for comparison

Leicester City’s stunning season is ripping up all expectations about what budget is necessary to challenge for – and possibly win – the Premier League title.

Meanwhile, the struggles of champions Chelsea, 20-times title winners Manchester United and even fourth-placed Man City are seem to demonstrate that total transfer spend isn’t everything.

So, which clubs are punching above their weight and which teams are underperforming, relative to the amount they cost?

We’ve totted up the total cost of each Premier League squad in terms of transfer fees, ranked each club, and measured this against their current Premier League position (*correct on March 8 2016).

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