The Premier League summer transfer window is now shut, and it will go down in the history books as more money than ever before was spent across the division.
In total, the 20 Premier League clubs spent £3bn between them, with Liverpool contributing nearly 15% of that through their £446m spending spree.
Despite that huge outlay, the Reds don't top the net spend table for the 2025 window. To find out who does and how every team balanced the books this summer, check out our Premier League net spend table below.
Premier League net spend table – Summer 2025
| Team | Money spent | Money received | Net spend |
|---|---|---|---|
| Arsenal |
£263m |
£11.6m |
£251.4m |
| Liverpool |
£442m |
£207m |
£235 |
| Man Utd |
£228.5m |
£61.6m |
£166.9m |
| Tottenham |
£174.3m |
£36.5m |
£137.8m |
| Everton |
£122 |
£6m |
£116m |
| Sunderland |
£150.4m |
£37m |
£113.4m |
| Newcastle |
£252.6m |
£157m |
£95.6m |
| Nottingham Forest |
£200.8m |
£105.4m |
£95.4m |
| Leeds |
£100.1m |
£8.6m |
£91.5m |
| Man City |
£173.5m |
£93.3m |
£80.2m |
| West Ham |
£125.1m |
£55.4m |
£69.7m |
| Burnley |
£87.4m |
£29.6m |
£57.8m |
| Fulham |
£34.5m |
£16m |
£18.5m |
| Chelsea |
£276.1m |
£266.6m |
£9.5m |
| Aston Villa |
£34.5m |
£42.5m |
£-8m |
| Wolves |
£101.8m |
£116.5m |
£-14.7m |
| Crystal Palace |
£45.5m |
£68.5m |
£-23m |
| Brentford |
£84.5m |
£143.4m |
£-58.9m |
| Bournemouth |
£134m |
£197.3m |
£-63.3m |
| Brighton |
£67.75m |
£135.9m |
£-68.15m |
Premier League net spend analysis
Arsenal top the Summer 2025 net spend
Despite spending less money than Liverpool and Chelsea, it's Arsenal who had the highest net spend this summer. The Gunners splashed £263m on seven new players, including Viktor Gyokeres, Martin Zubimendi and Eberechi Eze, but only managed to bring back in £11m.
Liverpool recoupe a healthy amount after shopping spree
Liverpool's outlay of £446m this summer was an English record, but their savvy transfer committee did manage to bring £207m back in through sales. The Reds were prepared to be the net spend leaders, though, with a £35m move for Marc Guehi collapsing at the last minute. If that sale had gone through, then Liverpool's net spend would have been higher than Arsenal's.
Man Utd are still bad at selling players
Man Utd have been bad at selling players ever since David Gill left the club in 2013, and that trend continued this summer. While their hands were somewhat tied regarding the public nature of the ‘bomb squad', it was still a poor effort to bring in just over £60m for Alejandro Garnacho, Marcus Rashford, Jadon Sancho, and Antony.
Villa balance the books
Everyone knew about the PSR trouble that Aston Villa were in ahead of the summer window, but the club did a decent job of keeping things under control. They ended the summer in profit but their lack of incoming could come to bite them on the pitch, especially after a poor start to the season.
Chelsea's policy is starting to pay off
Chelsea's rogue transfer policy of effectively hoarding players in the hope of selling them for profit looks as if it is starting to pay off. The club managed to spend close to £300m this summer but they were also able to bring in £266m in sales, leaving them with a net spend of just £10m.
