Premier League clubs have wasted no time in splashing the cash as they gear up for what promises to be another hectic campaign.
Usual suspects Arsenal, Manchester City and Chelsea have already made their mark, but it is Tottenham that have spent the most so far.
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Spurs have forked out £121million on four new players as they look to give new boss Ange Postecoglou a squad capable of finishing back inside the top seven.
James Maddison was brought in from Leicester for £40m, while goalkeeper Guglielmo Viacario has been signed for £17m from Italian outfit Empoli.
Meanwhile the north Londoners have turned Pedro Porro [£34m] and Dejan Kulusevski’s [£30m] loan deals from Sporting Lisbon and Juventus into permanent stays.
Liverpool follow Tottenham having spent £95m on two players – Dominik Szoboszlai for £60m from RB Leipzig and Alexis Mac Allister for an initial £35m from Brighton.
That is despite boss Jurgen Klopp hinting that funds were tight earlier this year after the Reds missed out on Jude Bellingham to Real Madrid.
Chelsea, who finished 12th in the previous season, have made it their mission to sell players to raise funds for a huge spree later this month and in August.
But they have still spent £85m after bringing in Christopher Nkunku from RB Leizpig in a £53m deal, while splashing £32m on striker Nicolas Jackson from Villarreal.
Arsenal then sit in fourth spot having paid Chelsea an initial £60m for versatile German Kai Havertz.
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Mikel Arteta’s side stand to be the Premier League’s top spenders this summer as they close in a club-record £105m signing of West Ham skipper Declan Rice.
And the Gunners are also expected to announce the £40m arrival of defender Jurrien Timber from Ajax in the near future.
Newcastle – back in the Champions League for the first time since 2003 – have forked out close to £60m on two players.
Midfielder Sandro Tonali has joined from AC Milan for £52m, while young winger Yankuba Minteh, who is now on loan at Feyenoord, was signed for a fee of around £5.8m from Odense Boldklub.
Brentford missed out on a European spot last season, but they are trying to build a squad capable of cracking into it having broken their club-record transfer fee twice.
The Bees recently announced the arrival of defender Nathan Collins from Wolves for £23m, while they turned Kevin Schade’s loan from Freiburg into a permanent deal for £22m.
And they have also brought in goalkeeper Mark Flekken from Freiburg for around £11m, with David Raya facing an uncertain future.
Brighton have also been active in the market as they prepare for Europa League football for the first time in their history.
Premier League clubs’ spending so far
- Tottenham – £121million
- Liverpool – £95million
- Chelsea – £85million
- Arsenal – £60million
- Newcastle – £57.8million
- Brentford – £56million
- Brighton – £46.3million
- Man City – £30million
- Bournemouth – £29.5million
- Burnley – £20million
- Nottingham Forest – £15million
- Wolves – £9.5million
- Luton – £3million
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The Seagulls have signed Brazilian striker Joao Pedro from Watford for a club-record £30m, while also bringing in shot-stopper Bart Verbruggen for £16.3m from Anderlecht.
That is in addition to the free transfers of James Milner and Mahmoud Dahoud.
Treble winners Manchester City have only made one signing so far – midfielder Mateo Kovacic in a £25m deal rising to £30m from Chelsea.
Though they will be right up there with Arsenal come September as they look to bring in defender Josko Gvardiol from Leizpig for £86m.
And Pep Guardiola remains determined to bolster his midfield following Ilkay Gundogan’s departure to Barcelona with the club seemingly missing out to Arsenal in the race to sign Rice.
Bournemouth, with new manager Andoni Iraola, have made two signings, bringin in Hamed Junior Traore and Justin Kluivert for £29.5m to bolster their attack.
Last season’s Championship winners Burnley have made a promising start to the window – spending £13m on Jordan Beyer after his impressive loan from Borussia Monchengladbach.
Goalkeeper Lawrence Vigouroux has also joined on a free transfer, with the ex-Leyton Orient man to potentially play back-up to James Trafford after the Clarets had a £19m offer accepted by City for the England Under-21 international.
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Vincent Kompany’s side have also paid West Brom £7m for the services of Irish defender Dara O’Shea.
As for Nottingham Forest, their only signing so far has been turning Chris Wood’s loan from Newcastle into a permanent £15m transfer.
It is the same story for Wolves, whose only deal this window is triggering Boubacar Traore’s £9.5m buyout clause after he joined on loan last year from Metz.
Premier League newbies Luton have signed centre-back Mads Andersen from Barnsley for an undisclosed fee, thought to be £3m, while also bringing in Chiedozie Ogbene after his Rotherham contract came to an end.
And as it stands, Manchester United, West Ham, Everton, Fulham, Sheffield United, Aston Villa and Crystal Palace are yet to spend any cash.
Though the Villans have signed Youri Tielemans on a free transfer, while they are also set to announce the signing of defender Pau Torres from Villarreal for £35m.
Meanwhile Roy Hodgson’s Eagles have snapped up Jefferson Lerma on a free after he ran his contract down at Bournemouth.
There are plenty more deals set to be wrapped up too and you can follow all the latest news every day with talkSPORT’s transfer news blog.
