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Ranking the top 10 highest net spends in summer 2026: Tottenham ahead of Real Madrid…

Savio and Mateus Fernandes at Tottenham and Marc Cucurella and Carlos Espi at Real Madrid
Spurs are splashing out more than Mourinho's side

Clubs from the Premier League, La Liga, Serie A and the Saudi Pro League feature among the 10 sides with the highest net spend during the summer of 2026.

Transfer fees continue to increase every summer, and five nine-figure deals have been made this year

One of these was for Bradley Barcola, snapped up by Liverpool for €125million in the final days of the window. That deal, and few big-money outgoings at Anfield, make them the summer’s big net spenders.

Having flirted with relegation throughout last season, ultimately surviving with a small buffer of two points, Tottenham broke their own transfer record twice in the space of just a few weeks.

Matheus Fernandes arrived from West Ham for €99million and Sandro Tonali was bought from Newcastle for €108million.

Alongside the two new midfield additions, Spurs have also bought Jan Paul van Hecke and Savio for big fees.

Former club captain Cristian Romero has been their most notable departure this summer, while Luka Vuskovic, Djed Spence and Will Lankshear have also been sold.

A huge transfer outlay carries no guarantee of survival, but all three promoted clubs to the Premier League have spent big this summer.

Ipswich have an overall expenditure of €220.35million, which is more than the likes of Barcelona, PSG and Bayern Munich.

After re-appointing Jose Mourinho, Real Madrid have spent big. Yan Diomande’s €125million arrival from RB Leipzig was the biggest of several incomings.

Al-Hilal are present, having bought the likes of Gabriel Martinelli and Crysensio Summerville this summer, but the presence of two Serie A clubs is a bigger surprise.

While the sums spent by Juventus and Fiorentina aren’t big by Premier League standards, they are eye-catching for Italy and neither club has raised much in sales to offset them.

The full top 10 are listed below:

10. Fiorentina

Expenditure: €150.3m
Income: €26.48m
Net Spend: €123.82million

9. Juventus

Expenditure: €164.35m
Income: €26.5m
Net Spend: €137.85million

8. Hull City

Expenditure: €175.65m
Income: €20.27m
Net Spend: €155.39million

7. Coventry City

Expenditure: €160.55m
Income: €5.15m
Net Spend: €155.4million

6. Real Madrid

Expenditure: €225million
Income: €58.5million
Net Spend: €166.5million

5. Al-Hilal

Expenditure: €205.87m
Income: €20.84m
Net Spend: €185.03million

4. Manchester City

Expenditure: €526.2m
Income: €337.02m
Net Spend: €189.18million

3. Ipswich Town

Expenditure: €220.65million
Income: €19.36million
Net Spend: €201.29million

2. Tottenham

Expenditure: €366.35m
Income: €164.25m
Net Spend: €202.1m

1. Liverpool

Expenditure: €269.6m
Income: €31.2m
Net Spend: €238.4million


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