Football transfer news: Which teams have spent the most money this summer?

Chelsea have once again spent the most money on transfers so far this summer, with the Blues splashing €401 million on new additions this window.

It comes after they topped the standings in the 2022 summer window as well after €294m was spent on new signings in Todd Boehly’s first transfer window as Chelsea owner.

Furthermore, their spending for the entire 2022-23 season reached €612.5m after a ludicrous January window. That was over €350m more than Manchester United, who spent the second-highest amount of any club in world football last campaign.

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This summer, Chelsea have signed nine players in total, with seven of those arriving for a transfer fee; Alex Matos and Diego Moreira were signed on free transfers.

Moises Caicedo is the most expensive arrival so far, with Chelsea spending an initial €116m (£100m) to sign the Ecuador international from Brighton & Hove Albion. It’s likely that fee will rise to €133m (£115m) through easily achievable add-ons, making it a British record fee.

Christopher Nkunku (€60m), Axel Disasi (€45m), Nicolas Jackson (€37m), Lesley Ugochukwu (€27m), Robert Sanchez (€23m), Deivid Washington (€16m) and Angelo Gabriel (€15m) have also arrived to bolster the Blues squad.

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Saudi Pro League side Al-Hilal have spent the second most on transfers this summer in a window of change across world football. The Saudi Arabian club have been very active in the market and Brazilian superstar Neymar is their most high-profile addition.

The forward has arrived from Paris Saint-Germain for €90m after a summer of turmoil at the Parc des Princes that has also seen Lionel Messi depart and the Kylian Mbappe saga rumble on.

Neymar is the most expensive player in Saudi Pro League history, a record he took off Malcom, the former Barcelona and Zenit star who has also joined Al-Hilal. He has arrived in the Middle East for €60m.

In addition, Al-Hilal have signed Ruben Neves for €55m, Sergej Milinkovic-Savic for €40m and Kalidou Koulibaly for €23m.

Arsenal are third on the list having spent €231.6m on Declan Rice, Kai Havertz and Jurrien Timber. Spanish goalkeeper David Raya has also arrived on loan from Brentford with a reported loan fee of €3.34m to be paid.

PSG have spent the fourth largest sum of money on transfers this summer. The Parisians have signed Manuel Ugarte (€60m), Ousmane Dembele (€50m), Lucas Hernandez (€45m), Hugo Ekitike (€28.5m), Kang-in Lee (€22m) and Xavi Simons (€4m).

Goncalo Ramos has joined on loan from Benfica and that move will be made permanent in 2024. In total, PSG have spent €209.5m on transfers this summer.

Tottenham are fifth thanks to their acquisitions of James Maddison, Micky van de Ven, Pedro Porro, Dejan Kulusevski and others, while Manchester United are sixth on the list despite only signing three players.

Rasmus Hojlund (€75m), Mason Mount (€64.2m), and Andre Onana (€52.5m) have all arrived at Old Trafford for big fees.

Cristiano Ronaldo’s Al-Nassr are seventh after spending €60m on Otavio from Porto, which took their summer outlay to €165.1m. Newcastle United have spent €153.2m and are eighth, while RB Leipzig (€151.5m) and Bayern Munich (€150m) complete the top 10.

The 10 biggest spenders