Premier League net spend 2023/24

With the 2023/2024 summer transfer window in full swing, several premier league teams are already making big money moves. In total, the Premier League clubs have spent over a billion pounds so far, with over £200 million of that amount spent by the Gunners, who seem set to challenge Manchester City for the title again. Declan Rice's £105 million transfer deal to Emirates was the most expensive transfer from any EPL team to another in the league's history. That was until Chelsea broke this record again by bringing in Moises Caicedo from Brighton to Stamford Bridge. Rice's former team, West Ham took time, but they ultimately spent the money to reinforce their midfield, adding Edson Alvarex from Ajax and James Ward-Prowse who joined Southampton as a youngster. Arsenal's north London rivals Tottenham Hotspurs have been busy this summer, with Manor Soloman, James Maddison, Guglielmo Vicario, and Micky van de Ven signing up for the Ange Ball. In the meantime, Pedro Porro and Devan Kulusevski's loan deals were made permanent, Manager Mauricio Pochettino has also begun clearing out at Chelsea, with around 14 players leaving the team permanently or on loan. These outgoing players include some of the top players who helped them achieve Champions League success in 2021. That includes key players like Kai Havertz, Mason Mount, Cesar Azpilicueta, N'Golo Kante, and Edouard Mendy, to name a few. As of now, the 20 Premier League teams have collectively invested £1.76 billion in transfers. Given the current pace, there's a significant likelihood that this figure will surpass the £2 billion mark in the upcoming days. With just a few days remaining until the summer transfer deadline on September 1st, it becomes crucial to stay informed about the expenditures of various teams before making wagers on betting sites as it will allow for more informed decisions especially related to season-long outcomes or player performance bets. Chelsea, Arsenal, and Tottenham are currently EPL top spenders. The Blues have spent about £278 million, while Arsenal and Tottenham have spent £200 million and £166 million. Manchester United and Newcastle closely follow behind, spending £164 million and £132 million respectively. Everton, Luton Town, Crystal Palace, Fulham, and Nottingham Forest rank as the least spenders in the Premier League, with each spending less than £40 million. Here's a look at Premier League's net spending in the 2023/2024 summer transfer window.