Arsenal - Andrea Berta
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Arsenal have emerged as Europe’s second-biggest net spenders in the 2025 summer transfer window, behind only Premier League rivals Manchester United, as English clubs continue to dominate global transfer outlays.
With the window set to close on September 1, Mikel Arteta and sporting director Andrea Berta have overseen a major recruitment drive aimed at pushing the Gunners over the line in their bid for domestic and European silverware.
According to data from Transfermarkt, Arsenal have invested around €223.6 million (£192.6 million) on new arrivals, including striker Viktor Gyokeres from Sporting Lisbon (€65.8m), midfielder Martin Zubimendi from Real Sociedad (€60m), winger Noni Madueke from Chelsea (€56m), and defender Cristhian Mosquera from Valencia.
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However, the North London club have generated just €8 million (£6.93 million) in player sales, most notably Nuno Tavares’ £5 million move to Lazio, leaving their net spend at €216.2 million (£187.27 million). That figure is eclipsed only by Manchester United’s €229.7 million, with the Red Devils spending €153.2 million without securing significant sales.
The clubs with the worst net spend in Europe this window 😬📉💸 pic.twitter.com/WnEDOfvuSx
— LiveScore (@livescore) August 12, 2025
Arsenal’s heavy investment follows a season in which they finished Premier League runners-up and reached the Champions League semi-finals. Strengthening in attack, midfield, and defence is seen as crucial to addressing injury setbacks and depth issues that hindered their previous campaign.
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Manchester United’s own spending spree includes Bryan Mbeumo (€75m) and Matheus Cunha (€74.2m) under head coach Ruben Amorim. Other big spenders include Real Madrid (€165.5m net), Manchester City (€143.9m), and Tottenham Hotspur (€110.1m), highlighting the Premier League’s financial clout.
Despite the sizeable outlay, Arsenal remain in a stable financial position, aided by Champions League revenue and a reported £200 million-plus transfer budget. With Crystal Palace’s Eberechi Eze still a top target, further sales may be required to ease potential PSR pressures.
Departures so far include Jorginho, Kieran Tierney, and Thomas Partey on free transfers, alongside loanees Raheem Sterling and Neto returning to their parent clubs, moves that, while trimming the wage bill, have done little to offset the club’s spending.
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