
Liverpool 2025 enters the all-time list
Liverpool’s staggering £446m spend has been hailed as one of the most sensational windows in history. The reigning Premier League champions broke the British transfer record twice, first with Florian Wirtz for £116m and then with Alexander Isak for £125m. Jeremie Frimpong, Milos Kerkez, Hugo Ekitike and Geovanni Leoni also arrived, making it the costliest Premier League window of all time.
Historic reference points
- Chelsea 2003: Roman Abramovich’s takeover saw £150m spent on 14 players, ushering in a new era of financial power.
- Manchester City 2009: Carlos Tevez and Emmanuel Adebayor highlighted Sheikh Mansour’s first major statement of intent.
- Barcelona 2017: €148m on Ousmane Dembele and panic buys like Paulinho symbolised a reckless spree.
- Al-Hilal 2023: Neymar headlined a Saudi-backed £302m outlay.
- Chelsea 2023 (summer & January): A combined near-£720m across two windows with Enzo Fernandez and Moises Caicedo breaking records.
- PSG 2021: Messi, Ramos and Donnarumma highlighted a glittering but flawed free-transfer window.
- Real Madrid 2009: Cristiano Ronaldo, Kaka, Karim Benzema and Xabi Alonso spearheaded a £200m Galactico reboot.
- PSG 2017: Neymar for €222m and Mbappe for €180m changed football forever, inflating fees and rewriting financial rules.
Why PSG 2017 still tops the list
While Liverpool’s 2025 window is the most expensive in English football, PSG’s Neymar-Mbappe double remains the most impactful. Neymar’s €222m move is still the biggest transfer ever, while Mbappe’s arrival cemented PSG as a global superpower and redefined the market.
Liverpool’s spree secures them a place alongside Real Madrid’s Galacticos and PSG’s “bling-bling” era, but history may judge its success by silverware.