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The Finance Base
2025/26 season

How Much Did Every Premier League Club Spend on Transfers in 2025/26?

Liverpool led TransferNews’ 2025/26 table with €476.4 million in known transfer fees; Aston Villa recorded €75.0 million. See spending, income and net balance for all 20 clubs.

By TheFinanceBase Team 4 min read
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Liverpool recorded the Premier League’s highest known transfer-fee spend in the 2025/26 season, at €476.4 million. Aston Villa was lowest, at €75.0 million. These are TransferNews’ season-wide recorded known fees—not audited totals of every club’s transfer costs or cash outlay.

Premier League clubs’ known transfer spending in 2025/26

The table ranks all 20 clubs by TransferNews’ recorded known fees for the 2025/26 season. Amounts are in euros. “Net balance” is known income minus known spending, so a positive figure indicates a surplus on those recorded fees.

Rank Club Known spend Known income Net balance
1 Liverpool €476.4m €219.0m −€257.4m
2 Chelsea €337.0m €331.7m −€5.4m
3 Manchester City €301.9m €107.3m −€194.6m
4 Arsenal €287.9m €13.3m −€274.6m
5 Newcastle United €274.3m €176.0m −€98.3m
6 Tottenham Hotspur €268.4m €81.5m −€186.9m
7 Manchester United €250.7m €74.2m −€176.5m
8 Nottingham Forest €234.6m €105.4m −€129.2m
9 Sunderland €212.0m €52.0m −€160.0m
10 AFC Bournemouth €180.1m €307.4m +€127.3m
11 West Ham United €177.1m €145.5m −€31.6m
12 Wolverhampton Wanderers €148.1m €230.2m +€82.1m
13 Crystal Palace €145.0m €97.2m −€47.9m
14 Burnley €130.7m €31.6m −€99.1m
15 Everton €129.8m €12.6m −€117.2m
16 Leeds United €113.7m €9.0m −€104.7m
17 Brentford €104.6m €154.3m +€49.8m
18 Brighton & Hove Albion €82.0m €146.2m +€64.2m
19 Fulham €75.7m €19.3m −€56.4m
20 Aston Villa €75.0m €57.2m −€17.9m

Source: TransferNews’ published 2025/26 season table, using its fees-v3-canonical-eur methodology. Figures are rounded as published.

What the numbers say—and what they do not

TransferNews reports €4.0 billion in known Premier League spending and €2.4 billion in known income across 803 recorded transfer movements for 2025/26. Its reported fee coverage is 34%. Transfers marked confirmed or completed are included in ranked values, but undisclosed fees are not estimated; fees without a sourced canonical euro value are also excluded from euro totals.

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That means the table is a comparison of recorded known fees, not a complete accounting of each club’s transfer activity. It should not be read as audited or final all-in cash outlay. The source keeps the figures in euros; converting them to pounds would require an exchange-rate choice and could make comparisons with sterling lists misleading.

Gross spend, income and net balance are different measures

  • Known spend is the recorded fee total for incoming transfers covered by the source.
  • Known income is the recorded fee total for outgoing transfers covered by the source.
  • Net balance here means known income minus known spending. It is not gross spending, total transfer cost, or a club’s overall cash position.

For example, Chelsea’s known income of €331.7 million nearly matched its €337.0 million known spend, leaving a reported net balance of −€5.4 million. Bournemouth, Wolves, Brentford and Brighton had positive known net balances in this table.

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Why published totals differ by transfer window

A full-season table and a summer- or January-window tracker answer different questions. Even two estimates for the same window can disagree because providers may count deals or fees differently, and may convert currencies using different rates. The available summer reports illustrate the scale of that variation:

Summer 2025 measure Reported total or examples Source and scope
Collective Premier League spending £3.17 billion Sporting News’ summer report
Selected club totals Liverpool £446.5m; Chelsea £276m; Arsenal £263m; Brighton £12m Sporting News’ summer report
Selected club totals Liverpool £415m; Chelsea £282.1m; Arsenal £255m; Nottingham Forest £205m Sports Illustrated’s September 2 summer tracker, attributed to FootballTransfers; fees converted at prevailing rates

Nottingham Forest’s summer figure, for example, is £205 million in the Sports Illustrated tracker versus £95.1 million in the Sporting News list. These provider estimates should not be averaged or combined: the cited pages do not provide enough shared methodological detail to reconcile them. The summer estimates are not directly comparable with TransferNews’ season-wide euro table.

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January 2026 was a separate window snapshot

Sports Illustrated’s January tracker, attributed to FootballTransfers and last updated February 3, 2026, reports Manchester City at £84 million and Crystal Palace at £83 million, followed by Tottenham at £47.8 million and West Ham at £47 million. The tracker says fees are converted at prevailing rates.

January 2026 spend Clubs
£84m Manchester City
£83m Crystal Palace
£47.8m Tottenham Hotspur
£47m West Ham United
£36.5m AFC Bournemouth
£28.7m Aston Villa
£27m Fulham
£23.6m Sunderland
£8.5m Brentford
£7m Wolverhampton Wanderers
£2.1m Nottingham Forest
£1.8m Brighton & Hove Albion
£0 Arsenal, Burnley, Chelsea, Everton, Liverpool, Leeds United, Newcastle United and Manchester United

A £0 in that tracker is its reported figure for that window, not proof that a club had no transfer activity or no undisclosed deal. Separately, PSRwatch notes that its season pages do not provide per-row transfer dates, so those season totals cannot be split into summer and January using that source.

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Transfer fees are not every squad-related cost

Transfer-fee tables do not capture every cost associated with acquiring players. The FA’s 2025/26 reporting on payments to FA-registered football agents covers the period February 4, 2025 to February 2, 2026 for men’s leagues. The FA says those payments may relate to transactions entered before the reporting period, and club payment totals do not necessarily correspond directly to the listed transactions. Agent payments are therefore a separate measure and should not be added to this transfer-fee table using the cited data.

FIFA reported that English clubs in men’s professional football spent USD 3.82 billion on incoming international transfers in 2025. That is an association-wide statistic, not a Premier League-only total for the 2025/26 season, so it provides broader context rather than a direct comparison with these club figures.

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