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A lot of money has been spent by Premier League clubs so far this summer but who has spent the most?
The Premier League season is nearly upon us and with it the clock is ticking on when the transfer window will shut.
The deadline for the 2025 summer window is Monday the 1st of September at 7pm for those that like to get the yellow tie out as England’s biggest clubs get set to spend more money than ever before. The £2.44bn of 2023 could well be in sight given that clubs like Arsenal, Liverpool, Chelsea, Man Utd, Newcastle and Spurs still have plans to splash out on more players.
Premier League teams who have made a net profit in summer 2025 window
Champions Liverpool were the team that started the quickest alongside Chelsea who had early access due to being in the Club World Cup but who are the teams who are ticking the PSR box the best in terms of net spend and who might have to move bodies out the door before the window slams shut?
Bournemouth - £70.8m profit
Given the size of the club, size of the fanbase and their annual revenue, Bournemouth are always going to be flirting with PSR unless they become Brighton 2.0 and find a team who can bank roll them to the extent that Chelsea have with the Seagulls. Selling Milos Kerkez for £40m has given them a huge boost in terms of profit.
Nottingham Forest - £39.8m
As with Bournemouth, Forest have their hands tied this summer due to investing heavily in previous windows in an attempt to establish themselves as a Premier League club. That they nearly qualified for the Champions League shows that the gamble was worth it. Anthony Elanga being sold to Newcastle United for £40m keeps them in the black, so far.
Brighton - £35.6m
A regular visitor to the profit side of the net spend table, Brighton have actually spent a lot of money this summer, however, selling Joao Pedro to Chelsea for around £60m has made their job a lot easier.
Brentford - £35.3m
As with Brighton, one big sale has made a major difference to their accounts, however, with Yoane Wissa wanting to follow Bryan Mbeumo out the door, Brentford might be worrying about relegation and the money that could be lost if they fall back into the Championship. With Leeds Utd and Sunderland spending big, they will be looking over their shoulder rather than up the table.
Wolverhampton Wanderers - £31.2m
Even before the loss of Matheus Cunha for £62.5m Wolves were one of the clubs most likely to go down if one of the promoted teams can stay up, as with Brentford, their recruitment could be the difference.
West Ham United - £900,000
Hardly the sort of profit that will have the Hammers making it onto Forbes’ rich list, but it is enough to buy them a bit of space in terms of what can be spent in the remaining weeks of the window. Graham Potter managed to ease some of the pressure on his shoulders but will need a good start to the season to keep notoriously twitchy owners from panicking.
Aston Villa - £0
Bang on the money according to Transfermarkt are Aston Villa who have yet to really get going in this summer’s transfer window. Only £6m has been spent and received in what has been an eerily quiet few months for Unai Emery. With the established clubs spending big, the gap is only going to get bigger if the Villans don’t invest.
Premier League teams who have made a net loss in summer 2025 transfer window
Fulham --£433,000
Like Villa, a handful of loan signings have returned to their parent clubs and players whose contracts have expired have left with, as yet, nobody being sold. Benjamin Lecomte has been signed for just under £500,000 with Fulham fans far from inspired.
Crystal Palace - -£1m
There is an air of inevitability surrounding Palace this summer, the money from a European campaign will help, however, Oliver Glasner could easily lose both Marc Guehi and Eberechi Eze which makes it a surprise to see just left-back Borna Sosa as the only senior addition so far.
Newcastle United - -£30.3m
If Eddie Howe had been able to get every player that they had tried to get their would probably be a zero on the end of it. With Anthony Elanga the only player they haven’t missed out on, they haven’t spent anywhere near as much as expected ahead of a Champions League campaign. The sale of Alexander Isak would soon turn that loss into a sizeable profit though.
Burnley - -£58.7m
With a miserly defence helping Burnley to earn promotion, Scott Parker will be hoping that he can enjoy more success than Vincent Kompany in terms of whether or not his style of play and philosophy can be successful. As with most promoted teams, they have had to spend to increase their chances, even if the loss of James Trafford will be a blow.
Chelsea - -£61.3m
This number could well rise in the coming days with £50m set to be spent on Xavi Simons and Man Utd wanting £30m for Alejandro Garnacho. To balance this off though, Nicolas Jackson is expected to leave and he probably won’t be the only player to depart Enzo Maresca’s 37-man squad.
Leeds United - -£68.9m
With new owners in place, new owners with deep pockets, Leeds were always going to have a different approach to teams like Ipswich or Southampton. They have spent a lot of money already and spent it wisely on experienced international footballers. With almost all of them over 6ft 2inches tall as well, they could be a handful from set-pieces this season.
Everton - -£72.25m
With only 22 players in his senior squad, David Moyes has a lot of work to do this summer and hasn’t been helped by the number of players leaving at the end of their contracts or those who were on loan. Thierno Barry and Kiernan Dewsbury-Hall have been the big money signings so far.
Sunderland - -£85.8m
Even more so than Burnley and Leeds Utd, Sunderland really needed to invest ahead of a season in the Premier League that saw them sell one of their best players earlier in the window in Jobe Bellingham. Apparently his brother plays too.
Tottenham Hotspur - -£95.5m
Mohammed Kudus has been the exciting signing so far, however, Thomas Frank will be hoping for even more attacking recruits after losing Son Heung-min to MLS and James Maddison to injury.
Manchester City - -£124.9m
Like Liverpool, City did a lot of their work earlier in the window to add to the money that they spent in January too. With the decision on their previous breaches of Premier League regulations yet to be made, it has been business as usual for the big spending Pep Guardiola.
Manchester United - -£133m
If they could spend more, they would. Given the state of their current squad though, they need to sell before they can properly rebuild under Ruben Amorim with a host of players still training on their own earning hundreds of thousands of pounds a week. This figure does not count the fee they are set to spend on Benjamin Sesko with the deal awaiting confirmation.
Liverpool - -£143.4m
This number will change once certain deals are confirmed and players like Darwin Nunez are off the books. For those asking how they could end up spending nearly £300m net if they go for Alexander Isak, the champions went into last season spending only £10m - gross.
Arsenal – -£187.6m
It doesn’t help the argument against PSR that it is designed to keep certain clubs at the top when five of the classic “big six” are in the bottom five in terms of net spend. Arsenal’s figure might breach £200m but they also are expected to sell before the window shuts.
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