Brighton & Hove Albion had the highest known net spend among 2024/25 Premier League clubs, with recorded spending exceeding recorded transfer income by €230.5 million. Liverpool was the only club with a smaller positive balance than Crystal Palace, recording a €5.0 million known surplus. The figures below are TransferNews’ recorded EUR fees for the full season, not a complete account of every club’s transfer costs.
2024/25 Premier League net spend table
TransferNews calculates net balance as known income minus known spending. A negative balance means the club’s recorded spending exceeded its recorded income; a positive balance indicates a recorded surplus. The ranking below orders clubs from the largest deficit to the largest surplus.
| Rank | Club | Known spending | Known income | Net balance |
|---|---|---|---|---|
| 1 | Brighton & Hove Albion | €280.3m | €49.8m | −€230.5m |
| 2 | Ipswich Town | €155.1m | €1.2m | −€153.9m |
| 3 | Manchester United | €246.3m | €97.0m | −€149.3m |
| 4 | Tottenham Hotspur | €174.9m | €55.3m | −€119.6m |
| 5 | Manchester City | €235.0m | €137.0m | −€98.0m |
| 6 | West Ham United | €144.4m | €49.7m | −€94.7m |
| 7 | Southampton | €122.2m | €41.6m | −€80.6m |
| 8 | AFC Bournemouth | €126.9m | €66.1m | −€60.8m |
| 9 | Chelsea | €273.2m | €229.5m | −€43.7m |
| 10 | Leicester City | €89.8m | €47.3m | −€42.6m |
| 11 | Nottingham Forest | €111.5m | €83.4m | −€28.1m |
| 12 | Arsenal | €108.9m | €82.9m | −€26.0m |
| 13 | Brentford | €98.4m | €73.9m | −€24.5m |
| 14 | Fulham | €84.9m | €68.8m | −€16.1m |
| 15 | Liverpool | €42.0m | €47.0m | +€5.0m |
| 16 | Crystal Palace | €91.9m | €100.7m | +€8.8m |
| 17 | Newcastle United | €67.7m | €93.4m | +€25.7m |
| 18 | Wolverhampton Wanderers | €89.9m | €116.2m | +€26.3m |
| 19 | Everton | €50.7m | €80.7m | +€30.0m |
| 20 | Aston Villa | €214.2m | €254.2m | +€40.0m |
Source: TransferNews, Premier League 2024/25 transfer table, 2026 snapshot. Values are known recorded fees in euros.
What the figures include—and leave out
TransferNews reports €2.8 billion in known spending and €1.8 billion in known income across 795 recorded movements in its 2026 snapshot. It reports 28% fee coverage. The publisher includes sourced transfers marked confirmed or completed, but does not estimate undisclosed fees. Its EUR totals use canonical recorded euro values; a fee in another currency is excluded until a sourced EUR value is recorded.
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That means the table compares the fees recorded by this database, rather than verified total spending or all financial costs associated with transfers. Transfer fees alone also do not show wages, loan terms, add-ons that have not been recorded, or other club finances.
How to read net spend
The table uses the formula net balance = known income − known spending. For example, Brighton’s €49.8 million in recorded income minus €280.3 million in recorded spending gives a −€230.5 million balance. The negative sign indicates a net outflow in the recorded fees. Liverpool’s €47.0 million in income against €42.0 million in spending gives a +€5.0 million balance.
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Why summer-window rankings may differ
A summer-only ranking is not directly comparable with this full-season table: it can use a different cutoff, data publisher and currency. For example, a Sporting News article by Dom Farrell, published 31 August 2024, reported a £610 million Premier League summer-window net spend using Transfermarkt figures as of 30 August 2024. It also placed Brighton at the top of its club table. Those are summer-window figures in pounds, not the full-season EUR balances shown here.
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