#9 – ARSENAL
Squad Transfer Expenditure: £369m
Record Signing: Alexandre Lacazette (£47m)
Arsenal come in at ninth in our top ten with a higher transfer expenditure than their North London rivals despite finishing four places lower in the league last season. The Gunners also broke their transfer record this summer to sign Alexandre Lacazette and have only spent more than £30m on five players. Arsene Wenger has been praised for his success with the club given their modest transfer budgets in recent years.