He said: "This analysis will cover the last five years from 2014/15 to 2018/19 (the last season when accounts are available), looking at the 20 clubs currently in the Premier League, i.e. including those promoted last season.
“In the last 5 years, the 20 Premier League clubs have benefited from £1.9 bln net financing with most of the money coming from their owners £1,569m (81%) and another £366m (19%) sourced from banks. However, there is a big difference between business models at individual clubs.”
Here, we take a look at how much cash EVERY Premier League club as received and lost through financing over five seasons from 2014/15 to 2018/19.
Simply scroll down and click through the pages to see the full table and where YOUR club ranks...
![Money lost through financing and net cash outflows: £169m](https://www.thestar.co.uk/webimg/b25lY21zOjgzNzljY2JkLTExMTQtNGU2NS04MDliLTQ3NjdhN2YxZTM0NTpkZjU2OThhMi02MTczLTQzOGEtYTg3My0xMmQ5NmIxZTM1OGQ=.jpg?crop=3:2&width=640)
1. MANCHESTER UNITED
Money lost through financing and net cash outflows: £169m Photo: Charlotte Tattersall
![Money lost through financing and net cash outflows: £101m](https://www.thestar.co.uk/webimg/b25lY21zOjlkYjFjYTg4LTQ3YWEtNDM0Ny04MTE1LWMwZWU2MGE4NjE0ODowOTZjNGM5Zi1jMjExLTQyNjktYTE2ZS1kYmE0NzkyMTdlNWY=.jpg?crop=3:2&width=640)
2. ARSENAL
Money lost through financing and net cash outflows: £101m Photo: Pool
![Money lost through financing and net cash outflows: £18m](https://www.thestar.co.uk/webimg/b25lY21zOmRmYmJlMzM2LTNiMjgtNGJlYi1iODRmLWViZjE0Yzk4MDQxYTo1NWQ0Mjk2My0zZGJlLTRiOGMtYjBjZS1lODhmYmJiY2E5YzE=.jpg?crop=3:2&width=640)
3. NEWCASTLE UNITED
Money lost through financing and net cash outflows: £18m Photo: LINDSEY PARNABY
![Money lost through financing and net cash outflows: £18m](https://www.thestar.co.uk/webimg/b25lY21zOmZkY2E5NWQ4LTIzNWQtNDczOC05NGUzLWNmODUyNGY2MTYwZjphOGMzOWIxNy1kMGE4LTQxNjMtODQ3Yi1jMmZkMDAzMjU2MTY=.jpg?crop=3:2&width=640)
4. SOUTHAMPTON
Money lost through financing and net cash outflows: £18m Photo: Mike Hewitt