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Half of the top 20 highest spending clubs in 2021/22 are English

In the 2021/22 season, ten of the top 20 clubs for net expenditure on transfers are in the Premier League. Arsenal were highest in the list with a net spend of €136.0m, followed closely by recently acquired Newcastle United at €131.5m.

In terms of net income from transfers, Italy was the most represented in the top 10 with three clubs. Inter Milan posted the highest net transfer income at €165.6m, more than double that of the next highest, France’s Olympique Lyonnais at €72.7m.