Premier League clubs' spending on transfers during the summer window is analyzed in this article. The numbers shared take into account potential add-ons and do not include undisclosed fees. The article was last updated on September 2 at 1.45am.
Record summer splurge
Premier League clubs broke the bank this summer, shelling out an astonishing £2.44bn on fresh faces, surpassing last year's previous record of £2.14bn. Additionally, they raked in an astounding £1.36bn from player sales.As a result, the overall net spend skyrocketed to £1.07bn, marking the second-highest expenditure in history, trailing closely behind the £1.29bn spent last season.
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Who spent the most?
Chelsea spent a staggering £434.5m on recruits this summer - the most spent by any club during a transfer window in Premier League history.The figure spent by the Blues this summer surpasses the expenditure of any other Premier League club by more than double. Under Todd Boehly's ownership, the club's spending spree has now reached £1.036bn since his takeover last year.
Is the 'Big Six' still intact? The latest expenditure data for this summer certainly hints at its presence.
Manchester City stands at second place with a spending of £216.3m, followed closely by Tottenham (£212.3m), Arsenal (£208m), Manchester United (£183.5m), and Liverpool (£165.4m). However, the rising financial power of Newcastle, under their Saudi owners, places Eddie Howe's team in an impressive seventh position with £130m expenditure.
Newly-promoted Luton proved to be the most economically efficient club, investing a mere £9.5m in new players. Other clubs, such as Everton (£38.7m), Burnley (£48.6m), Crystal Palace (£50m), Brentford (£54m), Sheffield United (£54.2m), Wolves (£56.3m), and Fulham (£60.7m), also displayed relatively modest expenditure in comparison.
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Which players cost the most?
The demand for defensive midfielders continued to soar in the latest transfer window, as evidenced by Chelsea's groundbreaking acquisition of Moises Caicedo from Brighton for a staggering £115m. This eye-popping fee shattered the Blues' previous British transfer record of £106.8m spent on securing Endo Fernandez the previous summer.Declan Rice, the former West Ham captain, secured a temporary title as the priciest signing of the transfer window when Arsenal splurged £105m to acquire his services. Additionally, Manchester City made a hefty investment of £77.6m to acquire Josko Gvardiol, the RB Leipzig centre-back.
Manchester United's latest signing, Rasmus Hojlund, brought a hefty price tag of £72m from Atalanta. Joining the ranks of high-cost transfers, Kai Havertz made the move from Chelsea to Arsenal for £65m, while Mason Mount headed to Manchester United for £60m. In addition, Dominik Szoboszlai's transfer from RB Leipzig to Liverpool also reached a staggering £60m.
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Who sold the most?
Chelsea's hefty spending spree was offset by a remarkable £237.3m generated from player sales, a new record. Notably, Havertz and Mount alone contributed £125m to this impressive figure. Other notable departures from Stamford Bridge included Kovacic (£30m), Pulisic (£18.8m), Loftus-Cheek (£18.5m), Koulibaly (£17m), Mendy (£16m), Ampadu (£7m), and Hudson-Odoi (£5m).Brighton achieved yet another profitable transfer window, generating £198.7m from player sales. Notably, they successfully sold key midfielders Caicedo and Alexis Mac Allister to Liverpool for a staggering £55m, while also offloading their out-of-favour goalkeeper Robert Sanchez to Chelsea for £25m.
Manchester City (£147.8m), West Ham (£143.7m), Wolves (£137m), and Tottenham (£110m) all received a significant financial boost, accumulating £100m or more. Following closely behind are Arsenal (£79m), Everton (£59.7m), Liverpool (£53m), Manchester United (£48m), Nottingham Forest (£47.5m), Fulham (£45m), Aston Villa (£32m), Sheffield United (£20m), and Burnley (£2m).
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Bayern Munich paid Tottenham £100m for Harry Kane
Five clubs failed to bring in any funds from disclosed fees: Newcastle, Bournemouth, Brentford, Crystal Palace and Luton.
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Net spend
Now, let's see how all of this buying and selling reflects on the final net-spending chart. It's no surprise that Chelsea stands out with a staggering £197.2m net spend, considering their colossal spending spree, which is partly balanced by their remarkable income from sales.Manchester United, Newcastle, and Arsenal are separated by a narrow margin in terms of spending, with Manchester United leading at £135.5m, followed closely by Newcastle at £130m and Arsenal at £129m. Interestingly, Bournemouth sits in fifth place with a total spending of £117.3m, surpassing Liverpool (£112.4m), Tottenham (£102.3m), Manchester City (£68.5m), and Aston Villa (£65m).
On the other hand, only four clubs managed to make a profit from their transfer deals this summer. Brighton had the highest net spend at -£114.6m, closely followed by Wolves at -£80.7m, West Ham at -£21.2m, and Everton at -£21m.
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