The 2025 summer football transfer window was a record for the English Premier League with teams spending £3.9 billion on transfer fees for new players. That’s more than the top divisions of France, Germany, Italy and Spain combined.
The most expensive transfer was Alexander Isak’s drawn out switch from Newcastle United to Liverpool, who forked out £125 million for the forward and will also pay him a salary of around £13 million a year (plus bonuses).
So there is plenty of money being spent at the top end of English football. But it’s a very different story in the tiers below, where the likes of Morecambe FC and Sheffield Wednesday have spent the summer in crisis over financial issues.
