Premier League clubs like Tottenham Hotspur and Newcastle United have undergone drastic changes in recent weeks.
The Londoners have appointed Antonio Conte as their new manager after a disastrous start to the season under Nuno Espirito Santo and the Italian will be looking to bring in necessary reinforcements during the January transfer window so that Spurs can turn their season around and get back into the top four.
Meanwhile, Newcastle United have undergone a takeover and the new owners will be looking to spend during the January transfer window so that the magpies can beat the drop this season.
A study conducted by the University of Liverpool (via Daily Mail) has now revealed the potential spending limits of all Premier League clubs within the financial fair play limits.
The study suggests that Tottenham can spend a whopping sum of around £400 million and still be within the financial fair play regulations because of how well managed their finances are.
The likes of Liverpool can spend up to £273 million. Manchester United, Chelsea and Arsenal can all spend upwards of £200 million to strengthen their squad during the January transfer window.
On the other hand, the likes of Everton and Aston Villa have very little room for manoeuvre and they are unlikely to be able to strengthen their squad during the January transfer window if they want to adhere to the FFP regulations.
Below is a list of every Premier League club and how much they will be able to spend within the FFP regulations.
Tottenham: £400 million
Liverpool: £273 million
Manchester United: £243 million
Chelsea: £241 million
Arsenal: £201 million
Burnley: £171 million
Newcastle United: £166 million
Leeds United: £99 million
Norwich City: £92 million
Brentford: £88 million
Brighton: £85 million
Manchester City: £84 million
Leicester City: £79 million
West Ham United: £71 million
Wolverhampton Wanderers: £70 million
Crystal Palace: £66 million
Watford: £60 million
Southampton: £37 million
Aston Villa: £5 million
Everton: £-35 million
