By By Elizabeth Ugbo
Manchester City have set a new transfer spending record after spending €526.2 million during the 2026/27 summer window. The Premier League club reached the mark on deadline day after signing Iliman Ndiaye and Enzo Fernández. City made the moves to strengthen their squad for the new season. Their spending surpassed Liverpool’s previous record of €483 million.
Manchester City Set New Transfer Spending Record
Manchester City now lead the all-time list for spending in one transfer window.
According to Transfermarkt, City spent €526.2 million on new players this summer.
The figure makes City the first club to cross the €500 million mark in one window.
The club also generated about €337 million from player sales.
Therefore, City finished the window with a net spend of roughly €189 million.
Deadline-Day Deals Push City Past Liverpool
City’s spending surged on transfer deadline day.
The club completed the signing of Iliman Ndiaye from Everton for €70 million.
City also signed Enzo Fernández from Chelsea for €145 million.
The Fernández deal reportedly matched the British transfer record.
Those two deals pushed City’s total spending beyond Liverpool’s previous benchmark.
Liverpool Previously Held the Record
Liverpool set the previous record during the 2025/26 summer transfer window.
The Reds spent €483 million on new signings.
Their recruitment included Florian Wirtz for €125 million.
Liverpool also completed the €145 million signing of Alexander Isak.
However, Manchester City have now moved ahead of Liverpool.
City’s €526.2 million expenditure represents a significant jump from Liverpool’s total.
Chelsea Remain Among Football’s Biggest Spenders
Chelsea also feature prominently on the all-time spending list.
The London club spent €418 million during the 2023/24 summer window.
That figure ranked among the biggest single-window expenditures before City broke the record.
Chelsea also spent €407 million during the 2026/27 summer window.
Their €330 million spending in the 2022/23 summer window also ranks among the biggest totals.
Tottenham Join Europe’s Biggest Spenders
Tottenham also entered the top spending rankings during the 2026/27 window.
The club spent €366 million on new players.
Their spending took them beyond the €300 million mark in one transfer window.
The latest figures highlight the growing financial competition among elite clubs.
Top Clubs With the Biggest Spending in One Window
The all-time rankings from the figures provided are:
- Manchester City (2026/27) — €526.2 million
- Liverpool (2025/26) — €483 million
- Chelsea (2023/24) — €418 million
- Chelsea (2026/27) — €407 million
- Tottenham (2026/27) — €366 million
- Al-Hilal (2023/24) — €353 million
- Paris Saint-Germain (2023/24) — €350 million
- Real Madrid (2019/20) — €331 million
- Chelsea (2022/23) — €330 million
The figures show just how aggressively leading clubs have invested in their squads.
Record Spending Highlights Transfer Market Growth
Manchester City’s latest spending underlines the rising cost of elite football transfers.
Several clubs have now crossed the €300 million mark in a single window.
Moreover, Premier League clubs continue to dominate the highest spending rankings.
City’s record €526.2 million outlay now sets a new benchmark for future transfer windows.
Key Takeaway
Manchester City have become the first club to spend more than €500 million in one transfer window. Their €526.2 million expenditure in 2026/27 has surpassed Liverpool’s €483 million record from the previous season.
