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Steps Into Jansen's Ring
Chris Tranter
| GK | Peter Enckleman | Aston Villa | 2.5m |
| D1 | Lauren | Arsenal | 3m |
| D2 | Graham Le Saux | Chelsea | 2.5m |
| D3 | Martin Keown | Arsenal | 3m |
| D4 | William Gallas | Chelsea | 3.5m |
| M1 | Yordi Djorkaeff | Bolton Wanderers | 3.5m |
| M2 | Danny Murphy | Liverpool | 4m |
| M3 | Fabian Fernandes | Southampton | 2m |
| S1 | Ruud Van Nistelrooy | Manchester United | 7m |
| S2 | Thomas Radzinski | Everton | 3m |
| S3 | Alan Shearer | Newcastle United | 5m |
Cost of team = £39m
Transfers
| September | no one | none | 0 | for | no one | none | 0 | Current team value = £40m |
| October | Lauren | Arsenal | 3m | for | Stephane Henchoz | Liverpool | 5.5m | Current team value = £37.5m |
| November | Alan Shearer | Newcastle United | 5m | for | Jason Euell | Charlton Athletic | 2.5m | Current team value = £40m |
| December | Fabian Fernandes | Southampton | 2m | for | Lee Bowyer | Leeds United | 4m | Current team value = £38m |
| January | Danny Murphy | Liverpool | 4m | for | Norberto Solano | Newcastle United | 4 | Current team value = £38m |
| February | William Gallas | Chelsea | 3.5m | for | Franck Queudrue | Middlesbrough | 2m | Current team value = £39.5m |
| March | Thomas Radzinski | Everton | 3m | for | Robbie Keane | Leeds United | 3.5m | Current team value = £39m |
| April | no one | none | 0 | for | no one | none | 0 | Current team value = £39m |
| May | no one | none | 0 | for | no one | none | 0 | Current team value = £39m |