The Premier League net spend table since Mikel Arteta took over at Arsenal in 2019

Ben Stewart • 04 Sep 2026

Arsenal have bought big, but rarely bought in funds to match.

Arsenal have the third-highest net spend of any Premier League club since Mikel Arteta took the job back in December 2019.

When Arteta took the job, Arsenal sat 10th in the Premier League table and are now Premier League champions.

After finishing 8th in his first full season in charge, the club has been on an upward trajectory since and their 2026 title win has been in the post for a while.

During that time, Arsenal have spent €1.3billion on transfer fees, with their biggest purchases being Declan Rice, Viktor Gyokeres, Eberechi Eze and Bruno Guimaraes.

While the Gunners didn’t quite land the spectacular coup of their top target Vinicius Junior this summer, a transfer that would’ve likely broken the Premier League’s transfer record, their outlay is still more than enough

Particularly when you look at the overall picture and net spend, having recouped €400million via player sales – a tiny amount in comparison to the likes of Chelsea, Manchester City, Newcastle, Aston Villa and Brighton.

In total, that gives Arsenal a net spend of €927million since Arteta took the reins, which is the third-highest in the Premier League.

Manchester United have a mammoth €1.02billion net spend since December 2019, while Chelsea are fourth with a mammoth €879million net spend during that period.

To raised eyebrows across North London, Tottenham are second with €970million.

While Manchester City have spent more money than Arsenal in recent years, they’ve also made considerably more through player sales, leaving them sixth on this list with a €55million net spend.

Liverpool are fifth with a net spend of €789million since Arteta took over at the Emirates.

Here’s the full breakdown of all 11 Premier League clubs who’ve been ever-present during Arteta’s reign and their net spend since he took over at Arsenal.