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Transfer chumps and champions: Man United get WORST value for money on signings in the world after squandering £359m, stats boffins say - and another Premier League club joins them in Hall of Shame

Manchester United's recruitment has been heavily criticised in the post-Sir Alex Ferguson era and their malaise in this department has been highlighted by the latest CIES Football Observatory post.

In their latest findings, they have analysed their world's smartest clubs in the transfer market since January 2021.

And it makes for grim reading for those associated with the Red Devils as they sit bottom of this list.

United are the worst club with a negative total balance of a whopping £424million over this period.

CIES Football Observatory's case study is based on the financial balance sheets of players recruited as professionals (i.