Who were the biggest spenders in the January 2025 transfer window?
Manchester City took top spot in the biggest January 2025 transfer window spenders list eventually and were not even nearly shifted by the time it closed.
The biggest-spending clubs in the world this January
10) AC Milan – £40.2m
Even leaving aside the considerable loan fees involved in borrowing Joao Felix and Kyle Walker from the Premier League, Milan went big to bring in Santiago Gimenez from Feyenoord to rescue their season.
9) Como – £40.8m
Cesc Fabregas wishes not to suffer Serie A relegation so a whole host of players have been drafted in to help including free agent Dele and loanees Jonathan Ikone and Alex Valle, but also Maxence Caqueret (Lyon), Anastasios Douvikas (Celta Vigo), Assane Diao (Real Betis), Mergim Vojvoda (Torino), Jean Butez (Royal Antwerp), Ivan Azon (Real Zaragoza) and Ivan Smolcic (HNK Rijeka).
8) Brighton – £40.6m
The biggest spenders in the world in 24/25 have flexed their muscles in January with moves for Diego Lopez, Eirin Cashin and Stefanos Tzimas, who will spend the rest of the season with Nuremburg.
7) Wolves – £41.7m
They left it mightily late but Wolves reunited Emmanuel Agbadou with former Reims teammate Marshall Munetsi on a busy deadline day which also saw Nasser Djiga join.
6) RB Leipzig – £45.6m
Ridle Baku has arrived for a few quid but the major outlay has been on Xavi Simons, who has made his loan spell from PSG permanent. It feels very un-RB to be paying that much money for anyone…
5) Al-Ahli – £49.2m
Brazilian winger Galeno arrived for a sizeable fee from Porto, while a few quid was thrown at PSV Eindhoven for Matteo Dams.
4) Paris Saint-Germain – £59.1m
While Khvicha Kvaratskhelia’s title-winning peak with Napoli is long gone, there is hope a move to PSG can rekindle his best form. The Georgian forward will pick up a Ligue Un medal by May but that is the absolute bare minimum for a whole bunch of reasons, not least the price tag.
3) Rennes – £60.6m
The fear of Ligue Un relegation has sparked Rennes into transfer action, bringing Seko Fofana back from Saudi Arabia before Brice Samba traded in his Lens captaincy for a move down the table. Then Kyogo Furuhashi arrived from Celtic, Anthony Rouault from Stuttgart and Mousa Tamari from Montpellier.
2) Al-Nassr – £64m
The Saudi Arabian club dropped the biggest fee of the January transfer window on Aston Villa striker Jhon Duran.
1) Manchester City – £181.6m
The fallen champions are intent on making up for missed opportunities in the summer; both young centre-halves Abdukodir Khusanov and Vitor Reis cost more than Savinho, their only permanent signing for a fee in the last transfer window. And then they bought Omar Marmoush for £59m. A few quid on Juma Bah (quickly loaned out) before the deadline day signing of Nico Gonzalez took them past £180m.
MORE TRANSFER COVERAGE FROM F365
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👉 Every Premier League transfer completed in the 2025 January window
👉 Premier League five-year net spend table: Spurs overtake Arsenal in January