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Premier League transfer expenditure exceeded $4 billion for the second consecutive summer, with the headline move on Deadline Day being Manchester City's $168.8 million (£125 million) joint-British record signing of Enzo Fernández.
The Argentine's situation had been the subject of relentless speculation throughout the summer, with matters finally reaching a boiling point as the transfer window neared its close. City made their approach, persuading Chelsea to sell their unsettled midfielder, and he was accompanied in the arrivals list by Everton's Iliman Ndiaye ($87.7 million / £65 million).
There was also notable activity at Aston Villa and Newcastle United, pushing the Premier League's total transfer expenditure to an unprecedented $4.75 billion (£3.5 billion). In 2025, approximately $4.1 billion (£3.1 billion) was invested in new players, underlining just how dominant the world's top league truly is.
But which club splashed the most cash? Here is a breakdown of every Premier League club's total spending this summer.
Premier League Transfers: The Clubs Who Spent the Most Money
Place | Club | Total Money Spent ($ / £) |
|---|---|---|
1. | Manchester City | $609.1 million (£458m) |
1. | Chelsea | $470.7 million (£349m) |
2. | Tottenham Hotspur | $423.9 million (£302m) |
3. | Newcastle United | $362.2 million (£268m) |
5. | Aston Villa | $347.4 million (£256m) |
6. | Liverpool | $306.2 million (£198m) |
7. | Arsenal | $262.8 million (£194m) |
8. | Ipswich Town | $255.3 million (£171m) |
9. | Brighton & Hove Albion | $208.4 million (£154.5m) |
10. | Hull City | $203.2 million (£150.5m) |
11. | Manchester United | $200.4 million (£148m) |
12. | Coventry City | $171.8 million (£126m) |
13. | Nottingham Forest | $159.9 million (£117.5m) |
14. | Brentford | $143.8 million (£106m) |
15. | Everton | $118.8 million (£88m) |
16. | Fulham | $118.5 million (£87.8m) |
17. | Leeds United | $115.4 million (£85.5m) |
18. | Crystal Palace | $98.7 million (£73.1m) |
18. | Bournemouth | $93.5 million (£69.2m) |
20. | Sunderland | $88.7 million (£65.7m) |
- | Total | $4.75 billion (£3.5bn) |
*Transfer totals per Transfermarkt.com | Last updated: Sept. 2 at 6:00 a.m. ET. Fees converted at the prevailing rate.
Manchester City's Enzo Maresca-driven squad overhaul amounted to more than $600 million in total. Fernández and Ndiaye were complemented by the similarly high-priced Elliot Anderson and Ayyoub Bouaddi, with a late deal also secured for promising youngster Allan.
Chelsea have become accustomed to lavish spending since BlueCo assumed control, and their disappointing 2025–26 campaign made yet another costly recruitment drive entirely predictable. The Blues ranked as the Premier League's second-highest spenders, with their total outlay reaching $470 million. Their standout acquisition was Aston Villa's Morgan Rogers, who arrived for a club-record $159.6 million. Chelsea are among 11 Premier League clubs to have broken their transfer record this summer.
A post-Daniel Levy Tottenham Hotspur moved decisively — or recklessly, depending on your perspective — to overhaul their defense and midfield. They shattered their transfer record on two occasions, bringing in Mateus Fernandes and Sandro Tonali for a combined $252 million, while also investing heavily in their attack.
Ipswich Town mirrored Sunderland's transfer approach from the previous year and ranked as the eighth-biggest spenders. Their $255.3 million investment eclipsed the $221 million the Black Cats spent last summer, a strategy that helped them flourish upon their return to the top flight and surprisingly secure European qualification.
Sunderland's activity this window was considerably more restrained, and they ended the transfer period as the division's most frugal club, despite completing the Deadline Day signing of Malick Fofana from Lyon. Crystal Palace and Bournemouth were the other two sides to keep their spending below $100 million.
Manchester United wrapped up their midfield overhaul with the arrivals of Andrey Santos, Youri Tielemans, and Carlos Baleba from fellow Premier League clubs, placing them ninth on the spending table. Liverpool climbed to sixth following their pricey capture of Bradley Barcola from Paris Saint-Germain, while title holders Arsenal came in seventh with a $262 million spend — with midfielder Bruno Guimarães representing their most expensive recruit.
Newcastle United and Aston Villa were both heavily raided by domestic and European rivals, compelling them to undertake significant squad rebuilds. They ended the window as the fourth and fifth-biggest spenders, respectively.