Sports
20 Clubs With the Highest Net Spend in World Football (2025-26)
The sums of money in football have become absurd in recent years, especially in the English Premier League, which is shown in the net spend table for the 2025-26 season.
Clubs in Europe and the rest of the world, including Saudi Arabia, appear to be struggling to keep up with the sums of money English clubs are dropping on players. More than half of the current Premier League sides feature among the top 20 net spenders this season.
Now that the January transfer window is shut, we’ve decided to take a look at the amount of money spent this season. Net spend combines money spent and recouped, and below are the 20 clubs with the biggest outlay.
20-16: Newcastle Outspend Al-Nassr
It goes a long way to show just how wealthy the Premier League has become in recent decades when Burnley, who are almost certain to be relegated, are outspending Spanish giants Atletico Madrid (£73.4m) and Cristiano Ronaldo’s Al-Nassr (£81.1m).
That, however, is the state of play in the 2025-26 season as the Clarets spent a substantial amount in the summer transfer window to give themselves the best chance of survival. Lesley Ugochukwu and Armando Broja were the biggest arrivals at Turf Moor from Chelsea.
Meanwhile, Eddie Howe was backed significantly by Newcastle United’s owners after guiding the Magpies back into the Champions League. Big money was spent on Nick Woltemade, Yoane Wissa, and Anthony Elanga – three signings the jury remains out on. The British record £125 million sale of Alexander Isak did recoup a big chunk of the money they spent.
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Highest Net Spend in World Football (20-16) |
||
|---|---|---|
|
Rank |
Club |
Net Spend |
|
20. |
Atletico Madrid |
-£73.4m |
|
19. |
NEOM SC |
-£79.1m |
|
18. |
Al-Nassr |
-£81.1m |
|
17. |
Burnley |
-£81.4m |
|
16. |
Newcastle United |
-£89.4m |
15-11: Everton and Nottingham Forest Go Big
Three more Premier League clubs that are either in a relegation battle, or were expected to be at the start of the season, are high on the spending charts. Leeds United, under Daniel Farke, have reaped the rewards of their £91 million net spend as the Elland Road outfit look likely to survive in the top-flight.
The same can’t be said for Nottingham Forest. Evangelos Marinakis splashed out huge sums of money on the likes of Omari Hutchinson, Dan Ndoye and Dilane Bakwa to try and compete in the Europa League. However, Sean Dyche’s men are currently fighting for their lives.
The Tricky Trees have only just outspent one of the most exciting clubs in European football right now. Como, with Cesc Fabregas at the helm, have taken to Serie A football brilliantly, but have also been backed more than any other Italian side this season.
David Moyes picked a good time to make his long-awaited return to Everton. Despite suffering financial struggles for the past decade, the Toffees have settled into a state-of-the-art new stadium and are now capable of paying big transfer fees. Tyler Dibling, Thierno Barry and Kiernan Dewsbury-Hall all commanded over £20 million each in fees.
|
Highest Net Spend in World Football (15-11) |
||
|---|---|---|
|
Rank |
Club |
Net Spend |
|
15. |
Leeds United |
-£91m |
|
14. |
Al-Qadsiah |
-£92.4m |
|
13. |
Como |
-£96m |
|
12. |
Nottingham Forest |
-97m |
|
11. |
Everton |
-£101.8m |
10-6: Sunderland Just Pipped by Real Madrid
The Saudi Pro League continued to flex its financial muscle this term, with Al-Ittihad (103.4m) and Al-Hilal (£139.5m) both having a nine-figure net spend. Cristiano Ronaldo even went on strike, as he doesn’t feel Al-Nassr are as strongly backed as their Middle Eastern rivals.
Between the two Saudi giants is Turkish Super Lig powerhouse Galatasaray. Nigerian forward Victor Osimhen signed permanently for £65 million after a successful loan spell, while Monaco defender Wilfried Singo also cost a significant amount.
Meanwhile, it feels like an alternate universe when newly-promoted Sunderland have a net spend of only £4 million less than the biggest club in world football. Granit Xhaka, Enzo Le Fee and Habib Diarra were among the headline signings made at the Stadium of Light.
While the Black Cats’ spending has majorly paid off so far, the same can’t quite be said for Real Madrid. Dean Huijsen, Alvaro Carreras, Franco Mastantuono and Trent Alexander-Arnold were snapped up for more than £140 million combined for Xabi Alonso at the start of the season. The Spaniard then lasted less than six months in the job.
|
Highest Net Spend in World Football (10-6) |
||
|---|---|---|
|
Rank |
Club |
Net Spend |
|
10. |
Al-Ittihad |
-£103.4m |
|
9. |
Galatasaray |
-£121.1m |
|
8. |
Al-Hilal |
-£139.5m |
|
7. |
Sunderland |
-£139.6m |
|
6. |
Real Madrid |
-£143.8m |
5-1: English Clubs Dominate Spending Charts
English football is the true financial powerhouse of football right now. The top five is entirely made up of Premier League ‘Big Six’ teams. Manchester United backed Ruben Amorim with big-money signings in the summer, such as Bryan Mbeumo and Matheus Cunha, before sacking the underperforming Portuguese boss.
Thomas Frank could be heading the same way as Amorim after struggling to make the most of his £159 million net spend at Tottenham this season. On paper, Spurs’ summer business looked good, but Mohammed Kudus, Xavi Simons and Mathys Tel have failed to deliver so far. Conor Gallagher was then snapped up in January, only adding to the big spending in north London.
While Pep Guardiola takes every opportunity possible to point out that Manchester City don’t top the net spend charts, the Citizens come very close after snapping up Antoine Semenyo and Marc Guehi in January.
Liverpool shocked the world in the summer when following up their Premier League title win with two record-breaking signings. Alexander Isak (£125m) and Florian Wirtz (£116m) arrived at Anfield, but huge amounts of money were brought back in by the sales of Luis Diaz and Darwin Nunez.
The favourites to lift the Premier League trophy at the end of the season, Arsenal, are the only club to have a higher net spend than the Reds. Mikel Arteta made his squad the strongest in history, according to Piers Morgan anyway, with the additions of Viktor Gyokeres, Martin Zubimendi and Piero Hincapie over the summer.
|
Highest Net Spend in World Football (5-1) |
||
|---|---|---|
|
Rank |
Club |
Net Spend |
|
5. |
Manchester United |
-£153.4m |
|
4. |
Tottenham |
-£159.1m |
|
3. |
Manchester City |
-£173.4m |
|
2. |
Liverpool |
-£228.9m |
|
1. |
Arsenal |
-£243.6m |
All figures in this article are courtesy of Transfermarkt. Correct as of 05-02-26.
Sports
Mateus Fernandes Wants to Join Tottenham After Bigger Offer Than Man Utd
Tottenham Hotspur are trying to beat Manchester United to the signing of West Ham United midfielder Mateus Fernandes, and they have received a huge boost in their pursuit, according to the Independent.
Tottenham fans would have been excited when Fabrizio Romano dropped the bombshell earlier this month that they were working on a deal to sign Newcastle United midfielder Sandro Tonali, and that feeling would have only increased further after David Ornstein confirmed that Roberto De Zerbi also wants to sign Fernandes in a separate deal to the Italy international.
Man United have been viewed as the frontrunners to sign the 21-year-old for weeks now, having entered talks with the player and his agent over personal terms.
One report has claimed that the player has agreed to join after being happy with the financial offer, with the player said to be keen to link up with compatriot and idol Bruno Fernandes at Old Trafford as he looks to avoid playing Championship football next term.
However, Spurs are serious about landing the Portugal international, and they are willing to go to big lengths as club chiefs look to deliver a fourth signing of the summer for their Italian boss.
Tottenham Make Bigger Offer Than United for Fernandes
According to the Independent, Tottenham have now made headway in the battle with United to sign Fernandes.
Spurs are said to have held positive talks with West Ham over a potential deal, with De Zerbi being backed with a significant summer transfer budget.
The Hammers are demanding £85m for their ‘superstar’ player, and they want a significant portion of that fee paid upfront, with Tottenham already offering a higher overall package than the Red Devils.
De Zerbi is a huge fan of Fernandes and Spurs have also launched a salary offer higher than United’s as they look to come out on top in this transfer battle.
Crucially, the report adds that the Portugal international is ‘very keen’ on a switch to the Tottenham Hotspur Stadium, which would also allow him to carry on living in London.
United don’t want to get involved in a bidding war and could walk away from a deal and look at alternative targets.
⚽
England World Cup Quiz
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Romano: Tottenham Want to Sign Impressive World Cup Star
As well as transforming their central midfield options, Tottenham are also looking to make changes all across the frontline too.
Spurs remain in talks to sign Manchester City left-winger Savinho, but they are clearly looking at alternative targets to the Brazilian with progress slow on agreeing a deal with the Premier League runners-up.
One of those is Liverpool star Cody Gakpo, with Romano confirming that De Zerbi and Tottenham do have an interest in the Netherlands international.
The Dutchman had already been linked with a summer move away from Anfield even before they signed Victor Munoz, with the Spain international usually operating from the left flank.
It remains to be seen if that addition could spell the end for Gakpo at Anfield, but his performances for his country at the World Cup are only showcasing his ability, with two goals and an assist in the latest 5-1 win against Sweden.
Sports
Mateus Fernandes Wants to Join Tottenham After Bigger Offer Than Man Utd
Tottenham Hotspur are trying to beat Manchester United to the signing of West Ham United midfielder Mateus Fernandes, and they have received a huge boost in their pursuit, according to the Independent.
Tottenham fans would have been excited when Fabrizio Romano dropped the bombshell earlier this month that they were working on a deal to sign Newcastle United midfielder Sandro Tonali, and that feeling would have only increased further after David Ornstein confirmed that Roberto De Zerbi also wants to sign Fernandes in a separate deal to the Italy international.
Man United have been viewed as the frontrunners to sign the 21-year-old for weeks now, having entered talks with the player and his agent over personal terms.
One report has claimed that the player has agreed to join after being happy with the financial offer, with the player said to be keen to link up with compatriot and idol Bruno Fernandes at Old Trafford as he looks to avoid playing Championship football next term.
However, Spurs are serious about landing the Portugal international, and they are willing to go to big lengths as club chiefs look to deliver a fourth signing of the summer for their Italian boss.
Tottenham Make Bigger Offer Than United for Fernandes
According to the Independent, Tottenham have now made headway in the battle with United to sign Fernandes.
Spurs are said to have held positive talks with West Ham over a potential deal, with De Zerbi being backed with a significant summer transfer budget.
The Hammers are demanding £85m for their ‘superstar’ player, and they want a significant portion of that fee paid upfront, with Tottenham already offering a higher overall package than the Red Devils.
De Zerbi is a huge fan of Fernandes and Spurs have also launched a salary offer higher than United’s as they look to come out on top in this transfer battle.
Crucially, the report adds that the Portugal international is ‘very keen’ on a switch to the Tottenham Hotspur Stadium, which would also allow him to carry on living in London.
United don’t want to get involved in a bidding war and could walk away from a deal and look at alternative targets.
⚽
England World Cup Quiz
You scored
out of 20
Romano: Tottenham Want to Sign Impressive World Cup Star
As well as transforming their central midfield options, Tottenham are also looking to make changes all across the frontline too.
Spurs remain in talks to sign Manchester City left-winger Savinho, but they are clearly looking at alternative targets to the Brazilian with progress slow on agreeing a deal with the Premier League runners-up.
One of those is Liverpool star Cody Gakpo, with Romano confirming that De Zerbi and Tottenham do have an interest in the Netherlands international.
The Dutchman had already been linked with a summer move away from Anfield even before they signed Victor Munoz, with the Spain international usually operating from the left flank.
It remains to be seen if that addition could spell the end for Gakpo at Anfield, but his performances for his country at the World Cup are only showcasing his ability, with two goals and an assist in the latest 5-1 win against Sweden.
Sports
Spurs Have Already Sealed £8.5m Transfer Better Than Fernandes
Tottenham Hotspur’s owners are putting their money where their mouths are and backing new head coach Roberto De Zerbi in the summer transfer market.
Spurs have finished 17th in the Premier League in back-to-back seasons, failing to live up to the ‘big six’ billing. They only survived in the top flight on the final day of last season, beating Everton 1-0 to stave off relegation to the Championship and condemn fierce rivals West Ham United to the second tier instead.
De Zerbi rescued the club in the final two months of the campaign, saving them from what looked like a perilous position.
Now the plan is clear – for a season like that to never happen again.
Spurs owners are following through with their vow to invest in the squad
The Lewis Family, who own the club, made a statement to the fans after the final game of the season, saying: “We take responsibility for rebuilding Spurs. Our ambition is to recapture the spirit of the club and bring back the excitement, the fearlessness and the bold football we have always felt defined us. That means football comes first. The board and executive team have laid out their plans to meet this ambition.
“This will require investment – in our teams, the academy, our backroom functions and more – and we are fully committed to this. We are not selling the club. We are all in. We are investing in it. You will see more of this in the coming months.”
That vow has already bore fruit with three defensive signings arriving at the club early in the transfer window. Andy Robertson, Marcos Senesi and Jan Paul van Hecke have already joined the De Zerbi revolution in N17 and more signings are set to follow.
After addressing the defence – Spurs have conceded 246 goals in the last four Premier League seasons combined – the Italian has turned his attention to the midfield department.
They have seen one bid of around £75million rejected by Newcastle for Sandro Tonali, while there are talks over bringing Mateus Fernandes to the club from West Ham. Spurs face a battle with Manchester City for Tonali and Manchester United for Fernandes, with reports suggesting it is not one or the other, but that the Lilywhites would be keen to add both to their ranks.
But with a new plan to bring in big-money signings and change to a more ‘win now’ approach, there are sure to be some painful decisions to be made with current members of the squad.
Two young players are ready to leave Tottenham
And that is already being seen, with talk of two talented youngsters wanting to leave the Tottenham Hotspur Stadium in search of more game-time elsewhere. Nineteen-year-old defender Luka Vuskovic has been the subject of two bids from Brighton & Hove Albion, having impressed on loan with Hamburg in the Bundesliga last season. He is a highly-rated centre-back reportedly keen to leave having never made an appearance for the Lilywhites.
There is a feeling that Vuskovic, who started Croatia’s World Cup opener against England, could go on to become a £100million player if nurtured the right way.
And then there’s Lucas Bergvall, the 20-year-old Swede whom Spurs beat off competition from Barcelona to sign in 2024 for just £8.5million.
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Bergvall got perhaps more game time than he would have expected in the 2024/25 season due to a wealth of injuries to first-team stars, but did not look out of place at all, becoming a firm fans’ favourite in Ange Postecoglou’s second season and winning all three of the club’s end of season awards.
Three different managers and Spurs battling relegation stunted his opportunities in 2025/26 and with big-money signings being touted and having only played 113 minutes under De Zerbi in the final seven games of the season have led to the 20-year-old seeking pastures new too.
As Mauricio Pochettino alluded to in 2019, before he was sacked, a painful rebuild was required and seven years later it looks like that is finally happening and supporters may have to come to terms with some decisions that, on the face of it, look very strange and disappointing.
Bergvall would be a painful loss at Spurs
Bergvall falls into that category. Signing Tonali, a ready-made, 26-year-old midfielder makes a lot of sense. Signing Fernandes, while letting Bergvall go, however, does not.
The Hammers star has two years’ experience in the Premier League – like Bergvall – and is aged just 21, a year older than the Swede.
Fernandes also has two relegations to his name, having gone down with Southampton before making the move to the London Stadium last summer and then suffering the same fate.
Now that is not all his fault, of course, but does Fernandes, offer anything better than Bergvall, given they both play in the same position and both prefer to be an 8 rather than a 6?
True, we’ve probably seen more of what Fernandes is capable of, but Bergvall being buffeted around the pitch, playing as a 6 a 10 and even wide does him a disservice. We really need to see what he can do in his favoured position on a regular basis before just discarding him.
And then there’s the price tag. West Ham want around £80million to sanction a deal for Fernandes. Spending that kind of money on Tonali again makes complete sense, but doing it twice, for a player who may or may not be better than what you already have, who cost just £8.5million is confusing.
Ask any Spurs fan and they will tell you they have been waiting a long time for the club to truly invest and embrace a win now approach rather than being in transition and ‘building for the future’. Bergvall may well be for the future, but he has already shown he is for the here and now too and is probably just as good, if not better, than an £80million Fernandes and that is why his exit will really hurt.
Fabrizio Romano Reveals How Much Tottenham Will Sell Lucas Bergvall For
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