Tottenham Hotspur have made £90million from the sales of academy players since the summer of 2015, with Nabil Bentaleb’s sale to Schalke in 2017 the highest earner.
The £90million figure accounts for 18% of the money earned from transfers and places the North London club 31st in the world.
That is according to the latest post from CIES’ Football Observatory, which ranks the top 50 clubs worldwide to have "generated the most incomes since July 2015 from the transfer of players [who] graduated from their youth academy and having been at the club for at least three years between the seasons of their 15th and 21st birthday."
While Chelsea are the highest ranked among Premier League clubs in eighth overall, with £175million accounting for 21% of their income, they are followed by Liverpool in 10th on £142.4million, accounting for 41% of their total market income.
Arsenal sit 19th overall with Tottenham then in 31st. Both Manchester clubs, Leicester and Aston Villa are also listed - although the latter’s presence is almost solely down to Jack Grealish’s record sale to Man City last summer.
Benfica tops the table with £316million made, Real Madrid are second with £274million, Monaco third on £237.4million and Ajax just behind having banked £235.7million. The highest non-European team is Brazilian club Flamengo in 13th on £126.6million.
The Football Observatory said: "With €2.03billion (£1.69million), English clubs generated the most money by the transfer of academy graduates since July 2015, just ahead of French teams (€1.61billion).
"Spanish clubs (€1.39billion) complete the podium per nation, ahead of the Italians (€1.11billion), the Brazilians (€951million), the Germans (€916million), the Portuguese (€788million), the Dutch (€709million) and the Argentineans (€566million)."
You can read more from the CIES Football Observatory here .
