As the teams prepare for the 2021/22 Premier League season, all clubs are spending money to improve their squads, but who are the big spenders so far?
Only Newcastle United, Manchester City and Chelsea have yet to spend a dime, although the Premier League winners and European champions are linked with some of the bigger contracts.
With the financial power held by City and Blues owners Sheikh Mansour and Roman Abramovich respectively, it’s only a matter of time before they open their checkbooks.
Currently, Arsenal, Manchester United, Leicester City, Liverpool, Aston Villa and Norwich City have spent the most money to attract new players.
The Gunners ultimately secured the £ 50million deal from Ben White, while other notable deals include United’s signing of £ 73million from Borussia Dortmund and England winger Jadon Sancho, and the Leicester City deals for Patson Daka and Boubakary Soumare for a combined total of £ 40million.
Liverpool also played big for Ibrahima Konate, spending £ 36million on the RB Leipzig defender.
Meanwhile, Villa overwhelmed and beat Arsenal to signing Emiliano Buendia for £ 33million and Championship winners Norwich City shelled out £ 31.5million for six players as they prepare for their return to the elite.
That being said, the spending of a few of these clubs drastically decreases their total net transfers.
Liverpool, despite the arrival of yet another center-back this summer following their defensive crisis last season, have only spent £ 7million following the smart sales of Marko Grujic, Harry Wilson and ‘others for a total of £ 29million.
Norwich City have made money this summer, the £ 33million received from Villa for Buendia saw the Canaries turn a profit of £ 1.5million, despite signing seven players.
The term ‘net expense’ has been used widely lately in light of the large fees that clubs have received to make up for the money they have spent.
Chelsea, for example, a club known to spend a lot of money, have also received considerable sums of money.
When they do end up signing that transfer window or two they will be able to boast that the club have achieved £ 29.86million in sales so far.
Taking into account of net expenditure; United, Crystal Palace, Leicester and Aston Villa are still the biggest spenders.
And with Liverpool and Norwich both receiving big amounts, the next biggest spenders then become – surprisingly – Leeds and Brentford.
Who would have thought that the richest clubs in the Premier League would be at the bottom of the transfer window’s biggest spenders so far …
The Premier League’s biggest net spenders
= 1. Arsenal: £ 73million
= 1. Manchester United: £ 73million
3. Crystal Palace: £ 41million
4. Leicester City: £ 40million
5. Villa Aston: £ 27.5million
6. Leeds United: £ 23.8million
7. Brentford: £ 23million
8. Brighton and Hove Albion: £ 17million
9. Wolverhampton Wanderers: £ 11.4million
10. Watford: £ 10.25million
11. Burnley: £ 4million
12. Everton: £ 1.1million
13. Southampton: £ 600,000
14. Newcastle United: £ 0
15. City of Norwich: – £ 1.5m
16. West Ham United: -2.3 million pounds
17. Tottenham Hotspur: -3.5 million pounds
18. Liverpool: -7 million pounds
19. Chelsea: -29.86 million pounds sterling
20. Manchester City: -38.3 million pounds sterling
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