2) Tottenham Hotspur: Increased by €525m
Expenditure: €274m
Value: €799m
Yet another English club that has failed to win anything of note is Tottenham Hotspur and they, too, seem to suffer a dip in form when it matters most. Last season saw the Spurs run Leicester close in the title race before falling away at the end, even allowing derby rivals Arsenal to leapfrog them on the final day of the season.
Under Mauricio Pochettino, the club have made the step up from flirting with the idea of making the top four to actually qualifying for the Champions League. But their priorities have also been under the scanner after failing to progress past the group stage, preferring to concentrate on the league instead.
The rise of Harry Kane has been instrumental to Spurs’ progress in the Premier League and the Golden Boot winner is their most valuable player at £34m. Considering they paid absolutely nothing for him, the youth product has repaid the club by averaging 30 goals a season in the last two campaigns.
Other players who have only seen their value rise include Christian Eriksen (£26.4m), Toby Alderweireld (£23m) and Erik Lamela (£22.1m). Dele Alli, signed for £5m is now worth at least £17m (or £50m in Levy’s books).