Football Manager 2023: Biggest transfer budgets & richest clubs in FM23

Connor Bennett
FM23 logo and biggest transfer budgets text

There are a lot of factors you’ll need to take into account when playing Football Manager 2023 (FM23), including how much cash each club has, so here’s a full rundown of the clubs with the biggest transfer budgets in the game.

One of the first big decisions you’ll have to make in Football Manager 2023 is what team you want to manage and there are various factors that you’ll need to take into account when making your choice, including the transfer budget.

Whether you want to take on an underdog team in the lower leagues or jump straight into managing one of the best clubs in the world, knowing how much transfer budget each team has could be crucial to your decision. After all, the bigger the budget, the more likely you are to be able to aquire the best players in the game.

So, here’s everything you need to know about transfer budgets in FM23.

Football Manager 2023 key art
It’s important to take transfer budgets into account in FM23.

FM23 biggest transfer budgets 

For all the talk of Newcastle being the richest club in the world because of their new Saudi Arabian owners, that’s not actually the case in FM23. They only have a modest budget of around £40 million, but that’s because they’ve spent big on the likes of Alexander Isak and Sven Botman. 

In fact, it’s Real Madrid that has the biggest starting transfer budget in the game. After missing out on Kylian Mbappe, the Spanish giants have £103 million on offer from the get-go – and the squad doesn’t need too much work either. 

Despite spending big on Erling Haaland, Manchester City have around £102 million for you to play with. So, if you can’t find success with the game-breaking Norweigan striker, you can go out and spend to your heart’s content. 

ClubFM23 Transfer Budget
Real Madrid£103 million
Manchester City£102 million
Brighton & Hove Albion£70 million
PSG£69 million
Liverpool£42 million
Newcastle United£40 million
Ajax£30 million
Aston Villa£30 million
Tottenham Hotspur£26 million
Arsenal£26 million
Leeds United £25 million
Athletic Bilbao£22 million
Manchester United£21 million
Southampton£20 million
AS Monaco£17.2 million
LOSC Lille£17.2 million
Bayern Munich£17.2 million
RB Leipzig£17.2 million
AC Milan£16.8 million

FM23 richest clubs

In terms of the richest clubs overall, though, not all of these have a massive transfer budget in season one. Some aren’t extravagant sugar daddy spenders but rather have big backers that are willing to write off the debt. 

These clubs are good choices for a long-term project because, if you manage the books well early on, you’re going to have a sizable budget in the years to come.

That also means that you’re more likely to be granted requests like stadium expansion, bigger scouting networks, more coaches, and the like as well. Though, if it all goes wrong, they won’t be afraid of sacking you quickly either.

ClubFM23 Balance
Liverpool£166 million
Tottenham Hotspur£164 million
Newcastle United£152 million
Manchester City£134 million
Manchester United£133 million
Real Madrid£115 million
PSG£95 million
Leicester City£76 million
Brighton & Hove Albion£73 million
Ajax£66 million
Everton£62 million
Athletic Bilbao£59 million
Arsenal£51 million
Shanghai Port£51 million
LAFC£48 million
LA Galaxy£47 million
West Ham United£44 million
Al-Hilal£43 million
Atlanta United£42 million

So, that’s everything you need to know when it comes to having money in your pocket from the get-go in FM23. For more content on the game, check out our guides below:

Is Football Manager 2023 on Xbox Game Pass? | Is Football Manager 2023 Touch on iPad? | Football Manager 2023 review

About The Author

Based out of Liverpool, Connor is Dexerto's UK News Editor having joined the website in 2018 with a degree in International Journalism. You can find him covering everything from CoD, GTA, FIFA, Apex Legends, and influencer boxing. Need to get in touch? Email Connor at Connor.Bennett@Dexerto.com