They've all had millions of pounds to splash in the transfer market.
But which of Premiership's richest managers have nabbed bargains to make David Dickinson proud, and which have been sold a heap of old tat?
Arsenal
Cheap as chips
No one could ever complain about the £4.5m spent on World Cup winner Gilberto Silva.
But Patrick Vieira, for £3.5m? In a world where Seth Johnson is worth £7m? Steal of the Century, for sure.
Jury still out
Sylvain Wiltord had a good year last season, scoring important goals and filling in well on the flanks - and back in August the man was on fire.
But is that enough to justify a fee of £13m? That's £2m more than Thierry Henry.
You've been had, mate
Anyone fancy buying a striker with a long history of ankle problems for £8m? You do? Chap by the name of Jeffers - great prospect...
Manchester United
Cheap as chips
Back in the summer of 1996, Sir Alex Ferguson was busy wasting money on Jordi Cruyff.
Luckily, he also splashed £1.5m on a young Norwegian named Ole Gunnar Solskjaer - who would go on to score a goal every two games over the next six seasons, and notch the goal which won United the European Cup.
Jury still out
Juan Veron's played well for United this season. That's well, not brilliantly.
When he's outstanding more times than he's simply good, £28.1m might be justified.
You've been had, mate
Fergie hasn't bought many stinkers. But United fans around the world still shiver at the memory of £4.4m goalkeeper Massimo Taibi's display against Southampton in the autumn of 1999.
Newcastle
Cheap as chips
At one stage, £6m for a Coventry striker who could barely score seemed like the biggest waste of money since George W Bush invested in a new pair of reading glasses.
But, two years on, Craig Bellamy has not only revitalised Alan Shearer but also been the catalyst for a full-scale Newcastle revival.
Jury still out
Let's be kind to Titus Bramble. He might have had a less-than-glorious first few months at St James's Park after his £5m move from Ipswich, but time is on his side.
However, the fact that Sir Bobby is sniffing round Jonathan Woodgate doesn't exactly bode well.
You've been had, mate
Carl Cort has every reason to be concerned, seeing that he cost £7m.
But can Diego Gavilan (£2m, no impact) and Christian Bassedas (£3.5m, even less impact) really expect to escape ridicule?
Chelsea
Cheap as chips
Take a bow, Mr Ranieri - when you signed William Gallas for £6.9m, did you really know that he'd even overshadow Marcel Desailly in the Chelsea defence?
Jury still out
Boudewijn Zenden has done all right for Chelsea, even if Ranieri did accuse him of being overweight.
And that's the thing. He's only ever been all right - and £7m should surely buy you more.
You've been had, mate
He might be gone now, but that's no reason to stop slagging off Slavisa Jokanovic.
Never before has a meagre £1.7m been spent so badly than on this hapless midfielder, Ranieri's first - and worst - signing at Stamford Bridge.
Liverpool
Cheap as chips
Gerard Houllier pulled off a couple of rare blinders when he rebuilt the Reds' defence in the summer of 1999.
Stephane Henchoz for £3.5m was good enough, but Sami Hyypia for £3m? Hats off indeed.
Jury still out
You would hope for a better return on £10m than two Premiership goals in six months.
But hey - let's give El Hadji Diouf the benefit of the doubt. At times he's looked quite lively - and he's only young. For a bit.
You've been had, mate
Whoooah. No need to push, Emile Heskey (£11m) and Vladimir Smicer (£4.2m) - you're very much in the picture.
But neither of you are as calamitously untalented as Igor Biscan, a man who cost a staggering £5.5m and whose first touch bears unflattering comparisons with that of a brick wall.