Premier League clubs have spent £372.8m on new signings during the winter transfer window.
This article was last updated on February 4 at 1.20am and will be updated when deal sheets are confirmed.
The outlay represents a three-fold increase from last year, when Premier League clubs spent only £116.2m after the Premier League’s Profit and Sustainability Rules (PSR) slashed clubs’ purchasing power.
Clubs recouped £130.7m on player sales, generating a net spend of £242.1m – the second-highest winter total on record.
Spending during the window was largely incremental, with notable spikes on January 23 when Manchester City splashed £63m on Eintracht Frankfurt forward Omar Marmoush and Deadline Day.
Who spent the most?
Ten clubs signed players for disclosed fees, with Manchester City shelling out a league-topping £176.1m on Marmoush, Nicolas Gonzalez (£50m from Porto), Abdukodir Khusanov (£33.5m from Lens) and Vitor Reis (£29.4m from Palmeiras).
The Cityzens also snapped up Juma Bah and Christian McFarlane for undisclosed fees from Real Valladolid and New York City, respectively.
Wolves splurged £42.6m on Emmanuel Agbadou (£16.6m from Reims), Marshall Munetsi (£16m from Reims) and Nasser Djiga (£10m from Red Star Belgrade), while Brighton spent £40m on Stefanos Tzimas (£20m from Nuremberg), Diego Gomez (£11m from Inter Miami) and Eiran Cashin (£9m from Derby).
Meanwhile, Manchester United (£29.6m), Aston Villa (£26m), Ipswich (£24m), Spurs (£12.5m), Crystal Palace (£12m), Bournemouth (£8.1m) and Leicester (£1.9m) also recruited players for registered fees.
Villa still registered a £68m profit during the window after selling Jhon Duran to Al Nassr (£64m), Jaden Philogene to Ipswich (£20m) and Diego Carlos to Fenerbahce (£10m) – while spending only a quarter of that income on Donyell Malen from Borussia Dortmund (£20m) and Andres Garcia from Levante (£6m).
Three other clubs recorded profit, including Chelsea (£12.5m profit), Newcastle (£11m profit) and Leicester (£8.1m profit).
Which players cost the most?
Marmoush’s £63m deal was the most expensive signing during the window, while new team-mates Gonzalez, Khusanov and Reis also appear in the top five – with Patrick Dorgu in fourth spot after his £29.6m switch from Lecce to Manchester United.
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In terms of outgoings, Villa duo Duran and Philogene filled the club’s coffers with a cool combined £84m alone, while another four players departed for eight-figure sums.
Total permanent and loan moves
In total, there were 45 signings for fees, on loans or as free agents.
Struggling Manchester City signed a league-topping six players on permanent deals – reflecting the club’s need to overhaul the squad and replace aging superstars.
Bournemouth secured four permanent incomings, while Ipswich brokered two permanent signings and two loan deals to boost their chances of retaining Premier League status after back-to-back promotions from League One – in addition to recalling George Edmundson from a loan spell at Middlesbrough.
Meanwhile, Aston Villa signed Manchester United outcast Marcus Rashford and Paris Saint-Germain forward Marco Asensio in blockbuster loan deals – in addition to Chelsea defender Axel Disasi.
Bayern Munich youngster Mathys Tel joined Spurs on loan with a £45m option to buy in the summer and Crystal Palace snapped up Chelsea exile Ben Chilwell for the remainder of the season.
In terms of departures, Brighton offloaded six players permanently, Aston Villa shipped out 10 players on loan, and Brentford and Manchester United both sanctioned nine temporary departures.
What about Saudi Arabia and Europe’s other top leagues?
Overall, Premier League clubs recorded a net spend of £242.1m, which exceeded the totals of Europe’s other top seven leagues and Saudi Arabia, according to Transfermarkt data.
Saudi clubs generated a £117.7m net spend, followed by Italy’s Serie A (£35.5m) and the German Bundesliga (£29.6m). Four of the eight leagues recorded profit, led by the Portuguese Primeira Liga on £112.8m in the black.
Breaking those other leagues down by clubs, Saudi teams Al Ahli and Al Nassr both recorded a net spend in the region £50m, followed by RB Leipzig (£46.1m), Como (£40.9m) and Renne (£37.2m).
Porto generated £81.6m profit from their transfer business, followed by Napoli (£57.3m), Eintracht Frankfurt (£41.1m) and Lens (£38.8m).