Ranking the football transfers with the worst ROI in history

Costly purchases
The worst returns on investment
10. Richarlison to Tottenham Hotspur (£60M / €70M / $76M, 2022)
On the way out?
9. Jadon Sancho to Manchester United (€85M / £73M / $92M, 2021)
A costly flop
8. Paul Pogba to Manchester United (€105M / £90M / $113M, 2016)
Left on a free transfer
7. Romelu Lukaku to Chelsea (€115M / £98M / $124M, 2021)
8 goals and out
6. Ousmane Dembélé to Barcelona (€105M + €40M add-ons / £90M + £34M / $113M + $43M, 2017)
Half price clearence sale
5. João Félix to Atlético Madrid (€127M / £109M / $137M, 2019)
34 goals in 131 appearences
4. Eden Hazard to Real Madrid (€146M / £125M / $157M, 2019)
Never got settled
3. Philippe Coutinho to Barcelona (€160M / £137M / $172M, 2018)
Shipped around before being sold at a reduced price
2. Antony to Manchester United (€100M / £86M / $108M, 2022)
On loan to Real Betis
1. Neymar to Al-Hilal (€90M / £77M / $97M, 2023)
Injury-prone
Easily the worst ROI
Costly purchases

Talent comes with a huge price tag in the football world, but big fees don’t always guarantee success, and some transfers prove to be financial disasters.

The worst returns on investment

Whether due to injuries, poor form, or failure to adapt, we've witnessed a number of high-profile signings that have delivered shockingly low returns on investment (ROI). Here are our top 10. All stats sourced from Transfermarkt.

10. Richarlison to Tottenham Hotspur (£60M / €70M / $76M, 2022)

Tottenham Hotspur acquired Brazilian forward Richarlison from Everton in 2022 for a reported £60 million (€70M / $76M). However, his time at Spurs has been plagued by injuries and inconsistent form. In his first season, he managed only 18 goals in 65 appearances across all competitions since 2022.

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On the way out?

The following season saw limited improvement, with injuries further restricting his contributions. As of January 2025, Richarlison has yet to justify his hefty transfer fee, with speculation rife among fans and journalists that he has one foot out the door at Spurs.

9. Jadon Sancho to Manchester United (€85M / £73M / $92M, 2021)

Manchester United spent €85 million on Jadon Sancho after his stellar performances at Borussia Dortmund. However, he never settled at Old Trafford, delivering just 12 goals in two and a half seasons. 

A costly flop

Falling out with Erik ten Hag, he was exiled from the squad and eventually loaned back to Dortmund, before getting moved on to Chelsea. Another costly flop for United.

8. Paul Pogba to Manchester United (€105M / £90M / $113M, 2016)

Speaking of which, Manchester United made Pogba the world’s most expensive player in 2016, bringing him back from Juventus for €105 million (£90M / $113M). While he had moments of brilliance, including becoming the club's highest scorer in 2018/19 with 16 goals, Pogba’s inconsistency, frequent injuries, and off-field distractions meant he never justified his price tag.

Left on a free transfer

After six seasons of underachievement, United let him leave on a free transfer in 2022 – back to Juventus – just to cut their losses on this one, as reported by the BBC.

7. Romelu Lukaku to Chelsea (€115M / £98M / $124M, 2021)

Chelsea re-signed Romelu Lukaku from Inter Milan for €115 million (£98M / $124M) in 2021, believing he was the missing piece to their attack. However, after a strong start, Lukaku publicly criticized Chelsea's tactics and fell out of favor with manager Thomas Tuchel.

8 goals and out

He finished the season with just 8 Premier League goals before being loaned back to Inter Milan, and then AS Roma.

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6. Ousmane Dembélé to Barcelona (€105M + €40M add-ons / £90M + £34M / $113M + $43M, 2017)

Barcelona signed Dembélé from Borussia Dortmund as Neymar’s replacement for a staggering fee of €105 million (£90M / $113M), plus €40 million (£34M / $43M) in potential add-ons. Unfortunately, persistent injuries and inconsistency meant he never became the superstar they expected.

Half price clearence sale

In six seasons, he played just 185 games, missing over 100 matches due to injuries. Barcelona eventually sold him to PSG – ironically once again to fill a Neymar-shaped hole – for less than half of his initial cost, as reported by the Daily Mail.

5. João Félix to Atlético Madrid (€127M / £109M / $137M, 2019)

Atlético Madrid shattered their transfer record to sign João Félix from Benfica in 2019 for €127 million (£109M / $137M), expecting him to be the next great forward. However, Félix struggled to fit into Diego Simeone’s defensive system, failing to live up to his price tag.

34 goals in 131 appearences

Across four seasons, he scored 34 goals in 131 appearances, a poor return for such a massive investment. He was eventually loaned out to Chelsea and later Barcelona, before being sold to Chelsea for a third of what Atlético paid, per Sky Sports.

4. Eden Hazard to Real Madrid (€146M / £125M / $157M, 2019)

Real Madrid secured Belgian winger Eden Hazard from Chelsea in 2019 for a fee that could rise to €146 million (£125M / $157M). However, injuries and fitness issues plagued Hazard's time in Madrid, limiting him to just 76 appearances over four seasons, during which he scored seven goals and provided 12 assists.

Never got settled

His lack of impact and persistent injury problems led to criticism, and he left the club in 2023 by mutual consent, a transfer that promised so much but drastically underdelivered.

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3. Philippe Coutinho to Barcelona (€160M / £137M / $172M, 2018)

In January 2018, Barcelona signed Brazilian midfielder Philippe Coutinho from Liverpool for a club-record fee of €160 million (£137M / $172M), per Goal. Despite high expectations, Coutinho struggled to find his place in the team, contributing 21 goals and 11 assists in 76 appearances.

Shipped around before being sold at a reduced price

His underwhelming performances led to loan spells at Bayern Munich and Aston Villa, with Barcelona eventually selling him to Aston Villa for €20 million (£17.2M /$20,5M). Easily one of the worst transfers of all time.

2. Antony to Manchester United (€100M / £86M / $108M, 2022)

Manchester United once again! The Red Devils secured Brazilian winger Antony from Ajax in 2022 for a substantial fee of €100 million (£86M / $108M). Despite a promising start, Antony struggled to make a significant impact at Old Trafford. Over two seasons, he made 54 appearances, scoring only five goals and providing minimal assists, while accumulating more yellow cards than goals.

On loan to Real Betis

His underwhelming performance led to a loan move to Real Betis, with the Spanish club given an option to buy at the end of the 2025 season. For our money, he has had the worst ROI of any Premier League transfer.

1. Neymar to Al-Hilal (€90M / £77M / $97M, 2023)

But the footballer with the worst ROI has to go to Neymar and his move to the Saudi Pro League. In August 2023, Neymar made a high-profile move from Paris Saint-Germain to Al-Hilal for a reported €90 million (£77M / $97M), signing a two-year contract worth €150 million per year.

Injury-prone

However, his tenure was marred by injuries, including a ruptured ACL in October 2023, as reported by Sporting News, which limited him to just seven appearances, totaling 428 minutes, during which he scored only one goal and provided three assists.

Easily the worst ROI

This equates to approximately €12.8 million per appearance, making it one of the most costly transfers in football history. Neymar and Al-Hilal mutually agreed to terminate his contract less than 18 months into the deal.

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