10 managers who have spent the most money on transfers since 2000

6) Claudio Ranieri: £591m

Claudio Ranieri

Major clubs managed: Chelsea, Valencia, Juventus, Roma, Inter Milan, Monaco, Leicester City

Manager since: 1986

Trophies won: 11

Record transfer: James Rodriguez (FC Porto to AS Monaco) – £38.5m

Although Ranieri has been a manager for more than three decades, he did not win his fist major league title until he won the Premier League with Leicester City in 2015/16. Before that, he had primarily won league titles in the lower leagues. But he did win the Copa del Rey with Valencia in 1999.

He had a stint at Chelsea before Roman Abramovich’s arrival and also managed various clubs in Serie A before being appointed the manager of Monaco who were looking to gain promotion to Ligue 1. He then oversaw the transfers of James Rodriguez, Falcao and Joao Moutinho to Monaco before the club’s finances dried out.

However, he will go down in history for accomplishing the greatest feat in English history with Leicester City – winning the league by beating 5000/1 odds after the club barely survived relegation the previous season.