Back in the day under legendary manager Arsène Wenger, Arsenal often carried the tag of a club who were never willing to splash the cash. The move from Highbury to the Emirates in 2006 put some serious shackles on the pursestrings, and meant the north London side were left with a restricted budget while many other teams around them were spending fortunes. In more recent season's that's changed. As the stadium debts been cleared, a new look Mikel Arteta team has been able to lay out some big transfer fees to bring in some top stars to try and take the Gunners back to the top.

ARSENAL

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There have been some high profile signings that haven't quite worked out in modern times, with some other clubs profiting from Arsenal splashing out big money for their stars in recent years. But which clubs have the Gunners paid the most money to in transfer fees in the last 20 years since the 2004/05 season? Here at Transfermarkt, we have you covered. Two of their London rivals feature in the top five.

The clubs Arsenal have paid the most money to in transfer fees

Coming in at first place is none other than Chelsea, who have made €173.7m from selling as many as nine players to Arsenal on permanent deals in the last 20 years, including this summer's €56m deal for winger Noni Madueke and Arsenal's €5m signing of keeper Kepa Arrizabalaga  In second place are French outfit Lille, whom Arsenal have paid as much as €118m in transfer fees to in the last 20 seasons. That is the accumulated fee of just three separate deals - Whilst the €26m deal for centre-half Gabriel in 2020 can be seen as an unequivocal success, the same can't be said for the €80m signing of Nicolas Pépé in 2017, nor the €12m deal for Gervinho in 2011. 

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