Premier League transfer spending rankings 2023/24 per team table and which teams spent the most

Premier League transfer spending rankings 2023/24 per team table and which teams spent the most

Check out which EPL club has spent the most, a look at Premier League transfer spending in the 2023/24 season 

As the heavy hitters get ready for the new season, there will be a lot of transfer rumours and expenditure in the Premier League’s offseason.

Premier League transfer spending rankings 2023/24 per team, which teams spent the most and expensive

Three-peat winners, along with championship challenger Arsenal, fellow Champions League qualifiers Manchester United, and Newcastle United, Manchester City is anticipated to get stronger.

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Early efforts were made by Liverpool and Chelsea to sign Alexis MacAllister and Christopher Nkunku, while Germany international Kai Havertz left the Blues to join Arsenal. Sandro Tonali, the midfielder from AC Milan who has become the club’s most costly acquisition under Eddie Howe, signed a contract with Newcastle. The news has been overshadowed by Mikel Arteta’s Arsenal, though, after they agreed to a British transfer record sum to acquire Declan Rice from West Ham.

Premier League club spending in 2023/24 transfer window

The majority of Premier League clubs had a delayed start to the summer transfer window due to preparations being put on hold before preseason due to the June international break. However, the gossip cycle has picked up steam in July with significant agreements already closed and more anticipated before the campaign’s start on August 11 and beyond.

With Rice’s move across London, Arsenal is now the team with the greatest summer transfer spending, but other teams are catching up, with Manchester United spending a lot of money on Mason Mount and Andre Onana.

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Transfermarkt data as of August 5, 2023; clubs are listed in order of net spending

Club Expenditure Income Net spend
Arsenal £200m £22m -£178m
Man United £165m £22m -£143m
Tottenham £119.8m £10m -£109.8m
Aston Villa £76m £2.5m -£73.5m
Man City £103m £34.6m -£68.4m
Newcastle £100m £38.5m -£61.5m
Bournemouth £60m -£60m
Burnley £56.8m £2m -£54.8m
Brentford £56m £5.6m -£50.4m
Liverpool £96m £52.2m -£43.8m
Notts Forest £29.5m £5m -£24.5m
Fulham £25m -£25m
Crystal Palace £17.3m -£17.3m
Luton Town £17.1m -£17.1m
Brighton £64.1m £59.6m -£4.5m
Sheffield United £11.3m £14.7m +£3.4m
Everton £3.6m £33.7m +£30.1m
Wolves £52.7m £91.4m +£38.7m
Chelsea £179m £219.6m +£40.6m
West Ham £102.7m +£102.7m
TOTAL £1,432bn £716.1m -£717.70m

Most expensive Premier League transfers 2023/24

Although teams haven’t been hesitant to spend more in the first few preseason weeks, the transfer market will pick up speed as the 2023–24 Premier League season approaches. There has been a lot of inflow and outflow, and the aggregate sums in both sectors are rose in July and August.

Incoming

All figures via Transfermarkt as of July 21, 2023

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Player From To Transfer fee
Declan Rice West Ham Arsenal £105m
Kai Havertz Chelsea Arsenal £60m
Dominik Szoboszlai RB Leipzig Liverpool £60m
Sandro Tonali AC Milan Newcastle £55m
Mason Mount Chelsea Man United £55m
Christopher Nkunku RB Leipzig Chelsea £52m
Andre Onana Inter Milan Man United £47.2m
Mathues Cunha Atl Madrid Wolves £44m
James Maddison Leicester City Tottenham £40m
Alexis Mac Allister Brighton Liverpool

Outgoing

All figures via Transfermarkt as of July 21, 2023

Player From To Transfer fee
Declan Rice West Ham Arsenal £105m
Kai Havertz Chelsea Arsenal £60m
Mason Mount Chelsea Man United £55m
Ruben Neves Wolves Al Hilal £47m
James Maddison Leicester City Tottenham £40m
Alexis Mac Allister Brighton Liverpool £36m
Joao Pedro Watford Brighton £30m
Moise Kean Everton Juventus £25.8m
Mateo Kovacic Chelsea Man City £25m
Nathan Collins Wolves Bremtford £23m
Granit Xhaka Arsenal Bayer Leverkusen

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