According to transfermarkt, ten clubs across Europe have spent over £70m this summer. There is no Barcelona or Manchester City on this list…yet.
10) Arsenal – £71.1m
We happen to believe they have done some excellent business this window, which makes a change from the car crash that was Arsene Wenger’s final summer. From chaos to clarity, you might say. Tough midfielder? Tick. Goalkeeper? Tick. Dominant centre-half? Tick. Project? Tick. Much-needed right-back cover? Tick. Tick. Tick.
Signings (permanent only): Lucas Torreira, Bernd Leno, Sokratis, Matteo Guendouzi, Stephan Lichtsteiner.
9) Manchester United – £74.43m
They have spent some money. They just haven’t spent money on anybody that gives any indication at all that they can get closer to Manchester City next season. You cannot shrug the feeling that Arsenal have spent less on rather a lot more. Still, Fred looks a very good player. And you can’t put a price on a Marouane Fellaini contract renewal.
Signings (permanent only): Fred, Diogo Dalot, Lee Grant
8) Napoli – £75.6m
Napoli have already spent more than last summer after their coffers were boosted by the sale of Jorginho to Chelsea. A large whack of that money has been spent on Fabian Ruiz, who was previously linked with both Manchester United and Barcelona, but it’s the two-footed and tricky Simone Verdi who will get fans off their feet.
Signings (permanent only): Fabian Ruiz, Simone Verdi, Alex Meret, Vinicius Morais, Orestis Karnezis, Amato Ciciretti, Amin Younes
7) Real Madrid – £80.33m
Only Monaco have received more money this summer than Real Madrid, who sold a couple of young players after exercising their buy-back options, as well as some fella called Cristiano. So who have they bought? Well, the precociously talented 18-year-old Vinicius Junior and Real Sociedad’s young right-back Alvaro Odriozola. It’s fair to say that the three-times European champions need to pull something special out of the bag to ease all those post-Ronaldo wobbles.
Signings (permanent only): Vinicius Jnr, Alvaro Odriozola, Andriy Lunin, Omar Mascarell, Lucas Torro
6) Atletico Madrid – £81.9m
Spain’s biggest spenders – for now – have broken their transfer record for their second successive window, adding former Arsenal and Liverpool target Thomas Lemar to a side already boasting Diego Costa and Antoine Griezmann. What a summer for Diego Simeone, who will be eyeing that 14-point gap to Barcelona and wondering if he can clear it with a decent run-up.
Signings (permanent only): Thomas Lemar, Rodri, Antonio Adan
5) West Ham – £85.5m
We cannot pretend that we do not love a spending spree by a non-elite club, though Everton do stand as a warning that it does not always go swimmingly. The Hammers do seem to have a plan, and they are at least buying players in their prime instead of old, old men. This is going to be fun.
Signings (permanent only): Felipe Anderson, Issa Diop, Andriy Yarmolenko, Lukasz Fabianski, Fabian Balbuena, Ryan Fredericks, Jack Wilshere
4) AS Roma – £91.31m
After managing to eke over £30m from Inter for the over-30 Radja Nainggolan, this was always going to be a good summer for Roma. And then there’s the pretty hefty wad on its way from Liverpool. In response, they have simply bought a lot of players. And it’s telling that six of those players are 22 or under, though Javier Pastore is a pretty big gamble as a 29-year-old who has not played an awful lot of football over the last three years.
Signings (permanent only): Javier Pastore, Justin Kluivert, Gregoire Defrel, Davide Santon, Patrik Schick, Ante Coric, William Bianda, Nicolo Zaniolo, Antonio Mirante, Daniel Fuzato, Ivan Marcano
3) Paris St Germain – £121.5m
Every penny has gone on one player, but after that World Cup, it could well be a bargain. The latest report from Soccerex estimates that it would now cost £170m to buy the Frenchman, but we think that is under-egging the pudding somewhat. Kylian Mbappe is so very good indeed.
Signings (permanent only): Kylian Mbappe, Gianluigi Buffon
2) Liverpool – £163.73m
You know how we feel about this: We are entering the land where another fourth-place finish is not good enough. Liverpool manager Jurgen Klopp has been backed in spectacular style. Whoever thought the Reds would ever be in a position to pay a world-record fee for a goalkeeper? Presumably not poor Loris Karius. But with huge spending comes huge pressure.
Signings (permanent only): Alisson, Naby Keita, Fabinho, Xherdan Shaqiri
1) Juventus – £199.71m
They really do mean business. Last season, nine clubs – including Everton – spent more money than Juventus, but this year they are in a league of their own, pulling off the really quite remarkable coup of signing Ronaldo. Remember when Italian football did not have the money to attract big players? Those days are gone.
Signings (permanent only): Ronaldo, Joao Cancelo, Douglas Costa, Mattia Perin, Andrea Favilli, Giangiacomo Magnani, Emre Can