A wild window… and it’s not over yet

The 2025 transfer window has been a spectacle in itself. With over £1.63 billion spent by Premier League clubs, the money has been pouring in non-stop since the window opened on June 1st. And with weeks still to go, the top spenders already reveal a clear trend: the big guns aren’t holding back—and even the underdogs have gone all in.

10. Leeds United – $118 million

Back in the Premier League, Daniel Farke’s side is aiming high. They signed Jobe Bellingham, Harry Winks, and Anass Zaroury, reinforcing a solid British core. Their spending shows they don’t plan on going back to the Championship.

9. Burnley – $123.4 million

With Vincent Kompany gone, Burnley is rebuilding. They’ve invested in defense and midfield, highlighted by the signing of Charlie Cresswell and the return of Dwight McNeil from Everton. They’re chasing stability after narrowly avoiding relegation.

8. Brighton – $132.8 million

Despite losing key players like Joao Pedro, Roberto De Zerbi’s Brighton stuck to their model. They brought in Samu Omorodion, Arthur Vermeeren, and Radu Drăgușin. Smart, controlled spending.

7. Sunderland – $139.5 million

Sunderland’s return to the top flight came with bold ambition. With Tony Mowbray still at the helm, they signed Joel Piroe, Jesús Vázquez, and Morgan Whittaker, betting on youth and long-term potential. They want to stay up for good.

6. Tottenham – $164.3 million

Despite finishing 17th in the league, Spurs won the Europa League—then sacked Postecoglou. With Thomas Frank now in charge, they spent big on Mohammed Kudus (£55M) and made Mathys Tel’s loan permanent for £30M.

5. Manchester City – $170.4 million

Pep Guardiola moved swiftly: Reijnders, Aït-Nouri, and Cherki were brought in with a surgical—not explosive—approach. The 2024 Champions League winners keep their core intact.

4. Manchester United – $179.1 million

After finishing 15th, their worst ever Premier League result, the Red Devils invested heavily. Bryan Mbeumo arrived from Brentford, and Matheus Cunha from Wolves—both forwards account for most of the total spend.

3. Arsenal – $268.3 million (estimated)

Arteta’s side wants to take the final step after three straight runner-up finishes. They’ve already signed Zubimendi (£60M) and Madueke (almost £50M), and are close to landing Gyökeres for £63.5M, which would push them past the £200M mark.

2. Chelsea – $284.4 million

The Blues continue their aggressive transfer policy. They paid £60M for Joao Pedro from Brighton, £56M for Jamie Gittens from Dortmund, and £30M for Liam Delap. Fourth in the league last season—but second in spending.

1. Liverpool – $360.8 million

After winning the league by 10 points, Arne Slot’s new project kicked off with an open wallet. Florian Wirtz arrived for what could be a British record (£116M), followed by Hugo Ekitike (up to £79M), full-back Milos Kerkez (£40.8M), and Jeremie Frimpong (nearly £35M). If they seal the deal for Isak, they could break every spending record.

A Premier League inflated like never before

According to Transfermarkt, six clubs have already spent over a billion combined this summer. And while Liverpool leads the way so far, their spending would only rank 48th all-time if adjusted for "football inflation", according to Kieran Maguire. However, if they land Isak for £135M or more, they could climb into the top 10 all-time spenders.