Chelsea, with new president Todd Boehly at the helm, made a number of eye-catching moves and spent more than any other side in Europe with an outlay to the tune of £251million. The likes of Timo Werner, Emerson and Billy Gilmour were sold for fees, but the Blues only recouped a fraction of what they spent and were the highest net spenders.
Manchester United aren’t far behind, having also spent north of £200million on backing Erik ten Hag in a bid to give the new boss a squad capable of getting back into the Champions League. The only money they made back was through the sale of forgotten man Andreas Pereira for a low fee to Fulham.
West Ham and newly-promoted splurgers Nottingham Forest are surprise inclusions in the top five, with newly-minted Newcastle United – who failed to offload a single player for a transfer fee – ahead of Arsenal and Tottenham, who each ambitiously spent over £100million.
The champions Manchester City, meanwhile, were one of three clubs – alongside Brighton and Leicester City – to turn a profit. It was a busy summer rebuild for Pep Guardiola, with over £100million spent on Haaland, Kalvin Phillips, Manuel Akanji and Sergio Gomez, but considerably more recouped on selling Jesus, Sterling and Oleksandr Zinchenko to their big-six rivals – plus a handful of highly-rated youngsters to Southampton.
Using data from Transfermarkt, we’ve ranked all 20 current Premier League clubs by their net spend during the 2022 summer transfer window.
1. CHELSEA Expenditure – £251.09million Income – £44.37million Net Spend – -£205.72million
2. MANCHESTER UNITED Expenditure – £214.22million Income – £8.55million Net Spend – -£205.67million