Premier League clubs with highest net spending – New report may surprise… | OneFootball

A new report showing the net spending by Premier League clubs has been published.

Just to clarify, net spending refers to the final total, with money spent on players coming in, less what comes in from selling players.

Football finance expert Kieran Maguire has put together some tables comparing the net spending by Premier League clubs.

I think fair to say that they make interesting viewing.

The first table to look at, showing the net spending by all Premier League clubs this 2024/25 season:

As you can see, Newcastle United one of the six clubs to make a profit (of £17m) this season in the transfer market. What Eddie Howe has achieved this season is absolutely remarkable, considering these last three transfer windows have seen no first eleven contenders signed, as PSR bites.

Whilst at the very top for net spending is the club that Kieran Maguire supports, Brighton spending £190m more on players than what they have banked from outgoing sales.

Then this second table to look at, shows the net spending by all Premier League clubs for the last three seasons combined, so it covers 2022/23, 2023/24 and 2024/25 (we checked with Kieran Maguire and this is for the last six windows, starting with and including the summer 2022 transfer window):

This table maybe even more interesting.

For anybody claiming that somehow Newcastle United have had some mythical massive advantage over the rest, is simply laughable. As well as the usual suspects, the likes of Forest and West Ham with higher net spending than NUFC starting with the summer 2022 transfer window onwards, right up to date with the January 2025 window.

Three other things to consider as well.

Firstly, Eddie Howe and the current Newcastle United owners having inherited a team, a squad, a club, that were going to be relegated. So they had a huge rebuilding job on just to put together a vaguely competitive team.

Secondly, you may point to say Liverpool having a lower net spend these last three years than Newcastle United, however, they and the rest of the ‘big six’ had a starting point of so many massive advantages over Eddie Howe and NUFC. They had big expensive squads full of many quality players already, plus long established successful recruitment systems for young talent, from both UK and overseas.

Thirdly, I would love to see the gross spending compared to these usual suspects. Which is the total spending on players, without taking off cash coming in for those players sold. Mike Ashley and Steve Bruce left the new owners and Eddie Howe with pretty much no players they could sell for any decent fee, apart from the small handful who were key to survival, never mind competing. The ‘big six’ with their huge squads and high level youth recruitment, having so many squad/young players they could trade on, to help finance new signings and of course, especially in terms of dealing with PSR limitations.