Summary The net spending of every Premier League team during the summer transfer window of 2025 has been ranked.
So far, six teams have turned a profit.
Despite only purchasing two players, Manchester United is one of the biggest spenders.
Since the Premier League is the most profitable league in the world, it is inevitable that its clubs will invest enormous sums of money in bolstering their teams in order to win in the most competitive division of the beautiful game.
Millions of dollars are frequently spent—and sometimes wasted—on players, but this summer, some teams are going above and above with their new recruits and the sums they must pay to acquire them. At the time of writing, just six clubs have a net spend that doesn’t lie in the red, while the team with the greatest outlay has spent more than the first six teams in the negative column combined.
20-16 Wolves, Brentford, Brighton, Nottingham Forest, and Bournemouth
Due to some significant outgoings, the bottom five have the healthiest bank accounts thus far this summer in terms of their budgets. Bournemouth is in last place, and manager Andoni Iraola was rewarded for his successful season by seeing his best players go. In two of the largest transactions of the window, Milos Kerkez left for Liverpool and Dean Huijsen moved to Real Madrid.
Although Nottingham Forest may have anticipated spending more before their debut season in Europe, the sale of Anthony Elanga has kept them in the black. Joao Pedro has now made an immediate impact at Chelsea, but Brighton is yet to spend the £60 million they recovered for him.
Manchester United is to blame for the current positions of the final two in the bottom five. Both Bryan Mbeumo and Matheus Cunha were lost by Brentford and Wolves to the Old Trafford team, and if the Bees had acceded to Yoane Wissa’s demands, things might have turned out even better—or worse, depending on your point of view. Additionally, it excludes the compensation they received when Thomas Frank left to join Tottenham.
Net Spend of Premier League Clubs (20-16)
Rank
Club
Spending
Revenue
Net Spending
20.
The Bournemouth
£36.8 million
£107.7 million
+£70.9 million
19.
Forest of Nottingham
£63.4 million
£103.3 million
+£39.9 million
18.
Brighton
£69.5 million
£105.8 million
+£36.3 million
17.
Brentford
£48.6 million
£84 million
+£35.4 million
16.
Wolves
£68.7 million
£100 million
+£31.3 million
15-11
West Ham, Aston Villa, Fulham, Crystal Palace, Newcastle
Only one other Premier League team has turned a profit thus far, and that is by the narrowest of margins. Mohamed Kudus’ transfer to Tottenham is a credit to West Ham, and it is unclear how Graham Potter would use the funds going forward. Aston Villa, on the other hand, is now breaking even after a lacklustre campaign under Unai Emery.
With only one new player and no significant departures, Fulham hasn’t done much, and their net spending hasn’t even hit £1 million. It is also not much better for Crystal Palace, who would profit from the current situation if they allowed Eberechi Eze to join Arsenal, as he is rumoured to do.
Newcastle comes next. Eddie Howe has acknowledged that this window has not gone as planned, despite Elanga being the primary acquisition to yet. He might have problems if he doesn’t sign Benjamin Sesko, but if he sells Alexander Isak, the Magpies might have some extra cash at the end of the transfer window.
Net Spend of Premier League Clubs (15-11)
Rank
Club
Spending
Revenue
Net Spending
15.
West Ham
£53.9 million
£55.5 million
+£1.6 million
14.
Villa Aston
£6.1 million
£6.1 million
£0 million
13.
Fulham
£434,480
£0
-£434,480
12.
The Crystal Palace
£2 million
£0
-£2 million
11.
Newcastle
£57.4 million
£27 million
£-30.4 million
10-6 Chelsea, Burnley, Everton, Leeds, and Sunderland
With Burnley, the Premier League’s newest team, lying just in the centre of the table—a spot they would be delighted with in the actual standings—we begin to see significant spending as we go into the top half. Their spend is only set to increase too, with reports linking them to two Chelsea players.
Everton and David Moyes finish eighth, but the Scot has already expressed his dissatisfaction with their current business. But Kiernan Dewsbury-Hall’s impending signing will undoubtedly be beneficial. The other two recently promoted teams, Leeds and Sunderland, are also spending a lot of money, with the latter being helped by the club-record sale of Jobe Bellingham.
Lastly, even though Chelsea spent the third most of any team in the top division, they still failed to place in the top five. Nonetheless, the margins have been lowered thanks to the sales of players like Noni Madueke.
Net Spend of Premier League Clubs (10-6)
Rank
Club
Spending
Revenue
Net Spending
10.
Burnley
£64.2 million
£30.4 million
£33.8 million
9.
Everton
£51 million
£3.5 million
£47.5 million
8.
Leeds
£74.2 million
£5.2 million
-£69 million
7.
Sunderland
£122.9 million
£37 million
-£85.9 million
6.
Chelsea
£242.9 million
£131.7 million
£-111.3 million
5-1 Arsenal, Liverpool, Manchester United, Manchester City, and Tottenham
Four of the top five teams are spending their Champions League funds, and one will be really sad not to have that additional cash to spend. After a disappointing domestic campaign, Tottenham will be hoping that Kudus and other newcomers can help them turn things around under Thomas Frank. As other teams continue to spend, Manchester City’s early business may now be overlooked, but it will undoubtedly help Pep Guardiola’s team as they attempt to recapture their title.
Despite just signing two players this summer, Manchester United has earned no transfer fees, placing them third, as has been the case in previous years due to their inability to let go of undesired squad members.
As Arne Slot tries to seize the top prize, Premier League winners Liverpool have become the largest spenders in the division despite spending almost nothing to bolster the team that won the title the previous season. However, the team with the highest net spend is the one that is nearest to them geographically, therefore Arsenal is at the top of the list. The Gunners are now at the top because Liverpool’s sales of Luis Diaz and Jarell Quansah have helped them cut their overall expenditure.
Net Spend of Premier League Clubs (5-1)
Rank
Club
Spending
Revenue
Net Spending
5.
Tottenham
£126.4 million
£7 million
-£119.4 million
4.
City of Manchester
£153.7 million
£28.7 million
-£125 million
3.
United Manchester
£133 million
£0
-£133 million
2.
Liverpool
£268.1 million
£115.8 million
-£152.3 million
1.
The Arsenal
£194.8 million
£131.7 million
£-£187.8 million
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