Premier League sets summer transfer record 11 days before window shuts

With Premier League clubs spending a record £2.37bn this summer, punters may want to consider backing top teams like Liverpool and Manchester United for strong performances this season, as their investments suggest a commitment to competing for the title.

The Premier League’s total expenditure during the summer transfer window has reached a record £2.37bn after Leeds completed the £18m signing of Noah Okafor from AC Milan.

Data from FootballTransfers.com shows that top-flight clubs have already surpassed the previous record of £2.36bn – which was set in 2023 – and have already spent over 12 percent more than last summer, when the total was ‘just’ £1.97bn.

And with 11 days until the window closes and some potentially huge deals still to be signed, the league is on course to surpass the £2.5bn mark after deadline day on 1 September.

Premier League spending dwarfs that of Europe’s other leagues, with the league’s clubs spending more on transfers this summer than all of Serie A, Bundesliga, Ligue 1 and La Liga teams combined, according to the BBC.

Serie A has the second-highest spend at the time of writing, with a total of £783m as of 18 August.

Champions Liverpool have headlined Premier League spending, with the Reds completing over £200m worth of deals including spending £69m on Hugo Ekitike and a move for Florian Wirtz that could become a British record of £116m if all add-ons are met.

In addition, the Reds saw a bid worth £110m for Alexander Isak turned down earlier this month.

Elsewhere, Manchester United paid up to £73.7m for Benjamin Sesko and up to £71m for Bryan Mbeumo, while Arsenal are on the verge of a £67.5m deal for Eberechi Eze.

Six clubs have broken their own transfer records this summer, with Nottingham Forest, Bournemouth, Brentford, Burnley and Sunderland joining Liverpool in paying a record sum for a player.

Plenty of Europe’s top clubs have been active in the market too, with Atletico Madrid having spent over £150m and clubs including Juventus and Bayer Leverkusen surpassing the £100m mark.

The biggest signing outside of the Premier League was Bayern Munich’s capture of Luis Diaz from Liverpool, in a deal worth £65.5m.

For British clubs, the transfer window closes on 1 September at 7pm, with big names including Isak, Alejandro Garnacho, Gianluigi Donnarumma and Nicolas Jackson all potentially moving before the deadline.

Total spending on transfers in the top flight has reached a record sum after Leeds completed a deal for Noah Okafor

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