Tom McCoy
BBC Sport journalist
Sunderland have agreed a deal to sign Getafe defender Omar Alderete for an initial £10m, a transfer which, once completed, will take spending by the three newly promoted clubs to over £300m this summer.
Excluding Alderete, the Black Cats have paid out an estimated £122m on 10 players. Burnley have brought in 13 new faces at a cost of approximately £100m, while Leeds have invested £73.5m on seven signing.
There is little doubt that consolidating top-flight status is harder than ever, with the gulf between the Championship and Premier League continuing to widen. In each of the previous two seasons, the three sides that came up went straight back down.
As a consequence, clubs are spending ever increasing sums in the hope of remaining competitive, but with no guarantee it will pay off. Southampton, Ipswich and Leicester shelled out a total of £276.5m last summer but together they accumulated just 59 points, the lowest combined figure by newly promoted teams in a 38-game Premier League season.
Should Sunderland continue to splash the cash, they could surpass Nottingham Forest’s outlay of around £142m three years ago – the most ever by top-flight newcomers.
Summer spending by newly promoted Premier League teams since 2017