The 2025 summer transfer window saw Premier League clubs spend a record-breaking £3 billion. While Liverpool had the highest outlay, Arsenal topped net spend, and Chelsea ended with a profit.
The 2025 summer transfer window rewrote the record books, with Premier League clubs collectively spending a jaw-dropping £3 billion on new players – the highest ever by any league in a single window.
While the outlay was unprecedented, clubs across the division took very different approaches when balancing their books.
Big Spenders
Liverpool set the pace with an extraordinary spree worth £446 million, twice breaking their own transfer record during the market. Yet, they also proved shrewd sellers, recouping almost £200 million from departures to offset the heaviest costs.
Arsenal, however, top the ‘net spend’ table. The Gunners shelled out £267 million without generating any major sales, leaving them with the division’s highest overall net spend at £257 million.
Chelsea followed another strategy altogether. Despite splashing close to £300 million on incomings, they released a hefty number of players and actually finished the window with a healthy net profit of nearly £18 million.
For Manchester United, the story was less flattering. The club struggled to shift unwanted players for maximum value, bringing in just £67.1 million against a spend of £232.4 million. Their net spend stood at £170.7 million, placing them among the biggest financial outlayers.
Tottenham Hotspur also featured near the top, closing with a net spend of £154.2 million. But the real surprise came from Sunderland, who after their Premier League promotion, showed huge ambition by investing heavily for survival. Their business left them with a net spend of £141.4 million, fifth-highest in the division.
At the other end of the scale, seven clubs actually walked away from the window in profit. Bournemouth topped the money-makers, banking a surplus of almost £66 million after letting go of several key players. Brighton (-£59.8m) and Brentford (-£59.2m) were not far behind, both managing to stay well in the green.
Here’s the full net spend breakdown from the 2025 summer window:
Premier League Net Spend – Summer 2025
Arsenal – £257m
Liverpool – £218.4m
Man Utd – £170.7m
Tottenham – £154.2m
Sunderland – £141.4m
Everton – £114m
Leeds United – £103.1m
Nottingham Forest – £101m
Newcastle United – £99.3m
Man City – £89.9m
West Ham – £76.3m
Burnley – £66.7m
Fulham – £26.4m
Aston Villa – -£15m
Crystal Palace – -£17.7m
Chelsea – -£17.9m
Wolves – -£20.9m
Brentford – -£59.2m
Brighton – -£59.8m
Bournemouth – -£65.8m