Top 40 Clubs That Spent the Most Money in This Transfer Window – Ranked

The summer transfer window has seen clubs across the globe spend staggering amounts in pursuit of talent, strengthening their squads and reshaping their futures. Below, we rank the top 40 clubs by total expenditure, starting from the lowest and climbing up to the biggest spenders of the window.

40. Fenerbahce – £58.23m

The Turkish giants made a significant push in the market with £58.23 million spent on 23 new arrivals. Despite not recording any transfer income, Fenerbahce's net balance indicates full commitment to building a competitive squad.

39. Villarreal CF – £60.35m

Villarreal’s £60.35 million outlay was well-balanced by their £89.25 million income, resulting in a positive transfer balance. With 16 signings and a profit of nearly £29 million, their business strategy was both aggressive and efficient.

38. Bayern Munich – £61.46m

The German champions were surprisingly restrained, spending just over £61 million. However, they managed to generate nearly £80.71 million in income, leaving them with a healthy profit.

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37. Al-Hilal SFC – £67.10m

Al-Hilal continued Saudi Arabia’s push into world football with £67.10 million in purchases. Their transfer balance, however, shows a heavy loss due to limited sales.

36. Brighton & Hove Albion – £68.00m

Brighton invested £68 million into 23 arrivals but made a massive £112.37 million in sales. Their model continues to be a prime example of smart recruitment and selling at a profit.

35. SL Benfica – £72.72m

Benfica’s £72.72 million spend was well covered by £80.75 million in income. The Portuguese side, known for developing and flipping talent, again posted a solid surplus.

34. NEOM SC – £75.99m

The Saudi club NEOM SC spent nearly £76 million on 17 new signings. With no reported income, this was a full cash-out effort to build their project from the ground up.

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33. ACF Fiorentina – £77.27m

Fiorentina were busy in the market with 40 arrivals, spending just over £77 million. Despite generating nearly £51 million, they ended up with a negative balance close to £26 million.

32. Inter Milan – £77.95m

Inter invested close to £78 million into 16 players and brought in just under £39 million. The €46.2 million loss (about £39.27 million) reflects a strong net investment phase.

31. FC Porto – £78.50m

FC Porto spent over £78 million and earned around £64.41 million from outgoing players. Their smart recruitment strategy allowed them to limit their loss to around £14.08 million.

30. Brentford FC – £83.90m

Brentford’s nearly break-even approach saw £83.90 million spent and £82.96 million earned. The West London side maintained a minimal net spend of just under £1 million.

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29. Borussia Dortmund – £84.75m

Dortmund’s £84.75 million expenditure was partly covered by £61.84 million in income. Their overall negative balance was modest at just under £23 million.

28. RC Strasbourg Alsace – £86.70m

Strasbourg were among Ligue 1’s busiest sides, spending nearly £87 million on 29 players. Their outgoing deals fetched them about £43.10 million, resulting in a deficit of over £43 million.

27. Paris Saint-Germain – £87.55m

PSG’s relatively quiet window saw £87.55 million spent on 13 players, with only £17.42 million recouped. The French giants seemed more focused on selective strengthening.

26. Como 1907 – £88.53m

The Italian club shocked many by spending £88.53 million on 35 signings. Their income of just £11.61 million means a net spend of almost £77 million.

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25. SSC Napoli – £90.95m

Napoli were active with 32 new faces and spent £90.95 million while generating about £107.48 million. They finished the window with a positive net balance of around £16.53 million.

24. RB Leipzig – £95.20m

RB Leipzig made 19 signings for £95.20 million but sold for £131.58 million. They walked away with one of the largest profits of the window at over £36 million.

23. Leeds United – £96.65m

Leeds spent over £96 million but earned just £6.80 million. Their net loss was a worrying £89.85 million, indicating a big gamble following their relegation.

22. Wolverhampton Wanderers – £96.90m

Wolves' £96.90 million spending was comfortably balanced by £116.87 million in sales. Their £19.97 million profit signals solid squad reshaping.

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21. Al-Qadsiah FC – £98.65m

Al-Qadsiah made a splash with £98.65 million spent on 20 signings. With no sales reported, their entire spend reflects pure investment.

20. Juventus FC – £100.73m

Juventus made 19 signings for just over £100 million and recouped £70.97 million. Their net loss of about £29.76 million shows careful budgeting compared to past windows.

19. Galatasaray – £102.65m

Galatasaray's £102.65 million spend on 21 players was far from offset by their £10.80 million in sales. The Turkish club are clearly pushing to dominate domestically and in Europe.

18. Atalanta BC – £103.53m

Atalanta spent over £103 million and brought in around £90.99 million. Their smart strategy meant only a £12.54 million net loss.

17. AFC Bournemouth – £104.63m

Bournemouth were aggressive in their recruitment, spending over £104 million. However, their income of £201.67 million resulted in a huge surplus of nearly £97 million.

16. Burnley FC – £107.66m

Burnley invested heavily following promotion, with £107.66 million spent. Their income of £29.75 million left them with a net spend of around £77.91 million.

15. Everton FC – £108.59m

Everton were among the league’s bigger spenders with over £108 million invested. Their minimal income of £3.40 million led to a large net loss of over £105 million.

14. West Ham United – £122.23m

The Hammers spent £122.23 million while bringing in £55.93 million. Their net spend of £66.30 million shows a team in transition after key departures.

13. AC Milan – £125.80m

Milan made 23 signings and spent £125.80 million, but also earned more than that—£140.51 million. They closed the window with a profit of around £14.71 million.

12. Sunderland AFC – £140.25m

Sunderland’s £140 million spend is a surprise among traditional heavyweights. Despite £43.35 million in sales, they recorded a major net deficit.

11. Real Madrid – £142.38m

Madrid brought in only 7 players but spent over £142 million. With just £1.70 million in income, this was a classic Galáctico-style window.

10. Bayer 04 Leverkusen – £147.18m

Leverkusen’s £147 million investment paid off, as they earned £195.08 million in sales. Their net profit of £47.90 million is among the best in Europe.

9. Atlético de Madrid – £148.75m

Atlético spent close to £149 million while earning £57.80 million. Their net loss of nearly £91 million highlights a shift toward refreshing the squad.

8. Manchester City – £150.37m

The treble winners invested £150 million, balanced slightly by £49.73 million in sales. Their modest net spend compared to rivals shows fiscal caution.

7. Nottingham Forest – £166.52m

Forest’s £166.52 million expenditure was partly recovered by £105.74 million in income. Still, their net loss of £60.78 million is sizable.

6. Tottenham Hotspur – £179.01m

Spurs were active with 14 arrivals and £179 million spent. Their £30.17 million in sales left them with a hefty deficit of nearly £149 million.

5. Manchester United – £195.24m

United pushed the envelope again with nearly £200 million spent. Their modest £39.27 million income reflects a desire to keep core players.

4. Newcastle United – £196.48m

The Magpies continued to invest heavily, spending nearly £200 million. Their £26.35 million in sales only covered a fraction, ending with a £170 million net spend.

3. Arsenal FC – £249.48m

Arsenal showed huge ambition with £249.48 million spent and only £6.80 million earned. Their £242.68 million net spend is among the biggest in the world.

2. Chelsea FC – £277.97m

Chelsea’s £278 million expenditure was nearly balanced by £268.39 million in sales. Their net spend of under £10 million is a rarity considering their recent spree.

1. Liverpool FC – £288.73m

Liverpool top the list with £288.73 million spent on 15 signings. Despite selling for £186.58 million, their £102 million net spend leads the Premier League.