Arsenal's most expensive signings of all time

Arsenal’s financial outlook has shifted dramatically since the post-Emirates years, when careful spending defined the Arsene Wenger era.

The Gunners are now operating from a position of strength, allowing the club to approach the transfer market with far greater freedom.

That was evident in the summer of 2025, when more than £250 million was spent on seven additions, including Noni Madueke, Viktor Gyokeres, Eberechi Eze and Martin Zubimendi, all of whom rank among the club’s most expensive signings.

With such heavy investment already made, a quieter winter window followed, shaped by Financial Fair Play limits and the depth available to Mikel Arteta.

Whether that restrained mid-season activity proves decisive in the title race remains to be seen, but here, Sports Mole takes a look at Arsenal’s 10 most expensive signings of all time.

10. Alexandre Lacazette - £45.1m

© Imago

From: Lyon

Date: July 5, 2017

Age at the time: 26

Arsenal appearances: 206

Arsenal goals: 71

Honours at Arsenal

• FA Cup (1): 2019-20
• Community Shield (1): 2017

9. Noni Madueke - £48m

© Imago

From: Chelsea

Date: July 19, 2025

Age at the time: 23

Honours at Arsenal

None

8. Ben White - £49.8m

© Imago

From: Brighton & Hove Albion

Date: July 30, 2021

Age at the time: 23

Honours at Arsenal

• Community Shield (1): 2023

7. Pierre-Emerick Aubameyang - £54.2m

© Imago

From: Borussia Dortmund

Date: January 31, 2018

Age at the time: 28

Arsenal appearances: 163

Arsenal goals: 92

Honours at Arsenal

• FA Cup (1): 2019-20
• Community Shield (1): 2020

6. Viktor Gyokeres - £57.5m

© Imago

From: Sporting Lisbon

Date: July 26, 2025

Age at the time: 27

Honours at Arsenal

None

5. Eberechi Eze - £60.4m

© Imago / Sportimage

From: Crystal Palace

Date: August 23, 2025

Age at the time: 27

Honours at Arsenal

None

4. Martin Zubimendi - £60.5m

© Imago

From: Martin Zubimendi

Date: July 6, 2025

Age at the time: 26

Honours at Arsenal

None

3. Kai Havertz - £63.8m

© Imago

From: Chelsea

Date: July 1, 2023

Age at the time: 24

Honours at Arsenal

• Community Shield (1): 2023

2. Nicolas Pepe - £68m

© Imago

From: Lille

Date: August 1, 2019

Age at the time: 24

Arsenal appearances: 112

Arsenal goals: 27

Honours at Arsenal

• FA Cup (1): 2019-20
• Community Shield (1): 2020

1. Declan Rice - £99.2m

© Imago

From: West Ham United

Date: July 15, 2023

Age at the time: 24

Honours at Arsenal

• Community Shield (1): 2023