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Free Transfer XI
Buzz Grady
| GK | Carlo Cudicini | Chelsea | 4m |
| D1 | Lauren | Arsenal | 3m |
| D2 | Wes Brown | Manchester United | 3m |
| D3 | Gareth Barry | Aston Villa | 2m |
| D4 | Geremi | Middlesbrough | 2.5m |
| M1 | Tugay | Blackburn Rovers | 2m |
| M2 | Frank Lampard | Chelsea | 4m |
| M3 | Harry Kewell | Leeds United | 4.5m |
| S1 | Mark Viduka | Leeds United | 5m |
| S2 | Thierry Henry | Arsenal | 6.5m |
| S3 | Andy Cole | Blackburn Rovers | 3.5m |
Cost of team = £40m
Transfers
| September | Lauren | Arsenal | 3 | for | Andy O'Brien | Newcastle United | 3 | Current team value = £40m |
| October | Geremi | Middlesbrough | 2.5m | for | Danny Mills | Leeds United | 3.5m | Current team value = £39m |
| November | Ryan Giggs | Manchester United | 4.5m | for | Jan Arne Riise | Liverpool | 4 | Current team value = £39.5m |
| December | Kevin Campbell | Everton | 2.5m | for | Massimo Maccarone | Middlesbrough | 3m | Current team value = £39m |
| January | Tugay | Blackburn Rovers | 2m | for | Trevor Sinclair | West Ham United | 2.5m | Current team value = £38.5m |
| February | Andy Cole | Blackburn Rovers | 3.5 | for | Kevin Campbell | Everton | 2.5 | Current team value = £39.5m |
| March | Wes Brown | Manchester United | 3m | for | Ugo Ehiogu | Middlesbrough | 3.5m | Current team value = £39m |
| April | Mark Viduka | Leeds United | 5 | for | Nicolas Anelka | Manchester City | 4 | Current team value = £40m |
| May | Harry Kewell | Leeds United | 4.5 | for | Ryan Giggs | Manchester United | 4.5 | Current team value = £40m |