As of 18 September 2026 · Source of Transfer Compensation: transfermarkt.de
Since 1 July 2026 the Premier League has spent roughly €4.12bn on transfers and taken in €2.59bn. The resulting €1.53bn deficit is comfortably the weakest balance of the nine leagues surveyed — and larger than the combined transfer spending of LaLiga and Ligue 1.
A market that exports cash
Only six of the twenty clubs post a surplus. That is the underlying mechanic of this league: the Premier League is the buyer of the European transfer market, not its supplier. Of the €8.82bn spent across all nine leagues, 46.8% comes from England alone, against just 36.2% of the income.
Manchester City lead the spending with €526.20m, ahead of Chelsea (€406.70m) and Tottenham (€366.35m). The spread is striking: City outspend the league’s most frugal club by more than sevenfold.
Who still turns a profit
Aston Villa record the league’s best balance (+€65.05m) on income of €365.25m and spending of €300.20m. That is not thrift but throughput: Villa trade at elite volume in both directions. Chelsea are similar, posting the league’s highest income at €447.80m and turning a surplus (+€41.10m) despite enormous outlay.
At the other end sit Liverpool at −€238.40m, then Tottenham (−€202.10m) and promoted Ipswich Town (−€201.29m). That a promoted side invests on this scale shows how strongly the league’s broadcast revenue shapes spending even at the bottom of the table.
Concentration: lower than you would expect
The three biggest spenders account for 31.5% of league expenditure. For comparison: 70.7% in LaLiga and 76.6% in the Saudi Pro League. The Premier League is the least concentrated of the nine — not because the top spends less, but because the mid-table also moves nine-figure sums.
Every club at a glance
| Club | Transfer income (€m) | Transfer expenditure (€m) | Balance (€m) |
|---|---|---|---|
| Chelsea FC | 447.80 | 406.70 | +41.10 |
| Aston Villa | 365.25 | 300.20 | +65.05 |
| Manchester City | 337.02 | 526.20 | -189.18 |
| Newcastle United | 279.10 | 313.00 | -33.90 |
| Brighton & Hove Albion | 192.15 | 180.10 | +12.05 |
| Nottingham Forest | 164.70 | 138.20 | +26.50 |
| Tottenham Hotspur | 164.25 | 366.35 | -202.10 |
| Arsenal FC | 135.15 | 227.10 | -91.95 |
| Crystal Palace | 129.30 | 85.30 | +44.00 |
| Everton FC | 128.95 | 102.75 | +26.20 |
| Manchester United | 55.65 | 173.20 | -117.55 |
| Leeds United | 35.10 | 99.70 | -64.60 |
| Sunderland AFC | 32.75 | 70.90 | -38.15 |
| Liverpool FC | 31.20 | 269.60 | -238.40 |
| Fulham FC | 20.50 | 102.40 | -81.90 |
| Hull City | 20.27 | 175.65 | -155.38 |
| Ipswich Town | 19.36 | 220.65 | -201.29 |
| AFC Bournemouth | 13.40 | 80.80 | -67.40 |
| Brentford FC | 12.85 | 124.30 | -111.45 |
| Coventry City | 5.15 | 160.55 | -155.40 |
| Total | 2,589.90 | 4,123.65 | -1,533.75 |
Cross-league context
| Metric | Premier League | All nine leagues |
|---|---|---|
| Transfer income (€m) | 2,589.90 | 7,156.34 |
| Transfer expenditure (€m) | 4,123.65 | 8,818.17 |
| Transfer balance (€m) | -1,533.75 | -1,661.84 |
| Share of income across all nine leagues | 36.2 % | 100 % |
Frequently asked questions
How much has the Premier League spent on transfers in 2026/27?
Between 1 July 2026 and 18 September 2026 the 20 Premier League clubs spent around €4.12bn on transfers and generated €2.59bn in income, for a balance of −€1.53bn.
Which Premier League club spends the most?
Manchester City at €526.20m, ahead of Chelsea at €406.70m and Tottenham Hotspur at €366.35m.
Which Premier League club has the best transfer balance?
Aston Villa with a surplus of €65.05m, followed by Crystal Palace at €44.00m and Chelsea at €41.10m.
