Premier League clubs spend almost £300m in January transfer window

Diaz Wood

A flurry of big-money moves before the transfer deadline took Premier League spending to the second-highest ever for a winter window.

The likes of Luis Diaz, Bruno Guimaraes and Rodrigo Bentancur in the last few days of January left the league’s gross spending at £295million according to estimates from finance company Deloitte.

It is only the fifth time the £200m mark has been breached, with January 2018’s £430m figure out on its own but this season’s figure is in line with the ‘best of the rest’.

The window two years ago accounted for £230m of spending, pipping 2011’s then-record £225m total, while £215m was spent in January 2017.

Dan Jones, head of Deloitte’s sports business group, said: “This transfer window indicates that the financial pressures of Covid on Premier League clubs are easing, with spending firmly back to pre-pandemic levels and remarkably among the highest we’ve ever seen in January.

“The Premier League continues to lead the way globally, retaining its status as the world’s biggest domestic football league in financial terms, once again supported by full stadia and securing strong overseas broadcast deals.

“Other large European leagues are also edging back to higher spending, but it is Premier League clubs that have notched up the largest total spend in this transfer window, spending almost £150m more than Serie A clubs, the closest competitor.”

Luis Diaz

Luis Diaz was the highest-priced signing of the window (Laurence Griffiths/PA)

The initial £37.5m fee Liverpool reportedly paid for Diaz is the highest of the window, narrowly ahead of Guimares’ £35m arrival at Newcastle who also paid £25m for ex-Burnley striker Chris Wood.

Lucas Digne was another player to move for more than £20m, from Everton to Aston Villa, while Bentancur’s £19m move to Tottenham stood out as the highest of deadline day.

Read more
Manchester City forward Omar Marmoush signed for the club earlier this month
Ranked! The full spend of every Premier League club
Philippe Coutinho in action for Barcelona against Atletico Madrid in March 2018.
Biggest January transfers
Enzo Fernandez signed for Chelsea in January 2023 for £106.8 million
Why is the January transfer window so quiet?
Khvicha Kvaratskhelia presented as a Paris Saint-Germain player in January 2025.
Players who moved in January 2025
Liverpool manager Kenny Dalglish alongside January signings Andy Carroll and Luis Suarez in 2011.
£3 million per goal? The worst January transfers ever
Marcus Rashford is presented as an Aston Villa player in February 2025 after his loan move from Manchester United.
Two major international transfer windows are still open that could have Premier League ramifications
Latest in
Manchester City manager Pep Guardiola holds aloft the Premier League trophy at the Etihad in May 2023.
Quiz! Can you name every Premier League champion... in just 90 seconds?
Newcastle United's Dan Burn battles with Liverpool's Dominik Szoboszlai during the Premier League match between Liverpool and Newcastle United at Anfield in Liverpool, England, on February 26, 2025.
I watch every football game on this TV - and it's been discounted by £210 in the Amazon Spring Deal Days
Arsenal target Martin Zubimendi of Spain thanks the fans during the UEFA Nations League quarterfinal leg one match between Netherlands and Spain at De Kuip on March 20, 2025 in Rotterdam, Netherlands.
Arsenal report: Martin Zubimendi 'very close' to shock Real Madrid move
Manchester United head coach Ruben Amorim reacts at full-time of the Premier League match against Arsenal at Old Trafford on 9 March, 2025
Manchester United make exciting teenager 'top priority' this summer: report
MANCHESTER, ENGLAND - FEBRUARY 23: (THE SUN OUT, THE SUN ON SUNDAY OUT) Trent Alexander-Arnold of Liverpool looks on during the Premier League match between Manchester City FC and Liverpool FC at Etihad Stadium on February 23, 2025 in Manchester, England. (Photo by Liverpool FC/Liverpool FC via Getty Images)
Liverpool set for major PSR hit ahead of the summer: report
The current logo used for the Premier League
Surprise sponsor 'in talks' with the Premier League over multi-million pound deal: report
Latest in News
Newcastle United's Dan Burn battles with Liverpool's Dominik Szoboszlai during the Premier League match between Liverpool and Newcastle United at Anfield in Liverpool, England, on February 26, 2025.
I watch every football game on this TV - and it's been discounted by £210 in the Amazon Spring Deal Days
Arsenal target Martin Zubimendi of Spain thanks the fans during the UEFA Nations League quarterfinal leg one match between Netherlands and Spain at De Kuip on March 20, 2025 in Rotterdam, Netherlands.
Arsenal report: Martin Zubimendi 'very close' to shock Real Madrid move
Manchester United head coach Ruben Amorim reacts at full-time of the Premier League match against Arsenal at Old Trafford on 9 March, 2025
Manchester United make exciting teenager 'top priority' this summer: report
MANCHESTER, ENGLAND - FEBRUARY 23: (THE SUN OUT, THE SUN ON SUNDAY OUT) Trent Alexander-Arnold of Liverpool looks on during the Premier League match between Manchester City FC and Liverpool FC at Etihad Stadium on February 23, 2025 in Manchester, England. (Photo by Liverpool FC/Liverpool FC via Getty Images)
Liverpool set for major PSR hit ahead of the summer: report
The current logo used for the Premier League
Surprise sponsor 'in talks' with the Premier League over multi-million pound deal: report
Manchester United winger Alejandro Garnacho could still leave the club this month
'Alejandro Garnacho has let his family down. He might be immature but he is not young anymore, it's a massive disappointment that he is not performing - he just seems like a Ronaldo fanboy' Ex Manchester United star launches astonishing rant at winger