January 2023 transfer window: How much did Premier League clubs spend?

Jude Summerfield
Chelsea have spent heavily under Todd Boehly
Chelsea have spent heavily under Todd Boehly / CARLOS JASSO/GettyImages

The January 2023 transfer window has come to an end with an unprecedented level of spending in the Premier League.

While teams around Europe plotted smart and frugal moves, some sides in England's top flight kicked into gear as soon as the market opened. The amount of money spent over the past few weeks will likely have serious implications on the state of the transfer market for years to come.

Here's how much Premier League clubs spent to bolster their squads in time for the second half of the season.

Listen now as Scott Saunders hosts Graeme Bailey and Toby Cudworth to discuss why Joao Cancelo looks set to join Bayern Munich on loan from Man City, Arsenal's ongoing pursuit of Moises Caicedo & the futures of Pedro Porro, Enzo Fernandez, Youri Tielemans and more. If you can't see this embed, click here to listen to the podcast!

How much did Premier League clubs spend in January 2023?

A new record for Premier League spending in a January transfer window was set in the 2022/23 season.

January 2023 saw £815m forked out for transfers, almost doubling the previous record of £430m spent in 2018's winter window. It is also an incredible increase on the 2021 window, when clubs were hamstrung by the financial effects of the Covid-19 pandemic, parting with just £70m.



January 2023


January 2022


January 2021


January 2020


January 2019


January 2018


Which Premier League club spent the most in January 2023?

Chelsea comfortably blew their competitors out of the water with their transfer outlay this month.

The Blues are struggling in the Premier League and owner Todd Boehly has thrown money at the problem, parting with an enormous £323m to facilitate deals for the likes of Mykhailo Mudryk, Benoit Badiashile and Noni Madueke just to name a few.

The spending elsewhere was evenly spread, though some clubs like Brentford and Everton didn't make senior additions and others went down the loan route, with many deals having options or obligations for permanent transfers.

Arsenal reinforced their Premier League title bid by bringing in Leandro Trossard from Brighton as well as Chelsea midfielder Jorginho and Polish defender Jakub Kiwior.

Down at the other end of the table, Southampton backed manager Nathan Jones with late and pricey moves for Paul Onuachu and Kamaldeen Sulemana to boost their attacking options.


Fees spent on first team transfers



Aston Villa










Crystal Palace












Manchester City


Manchester United




Nottingham Forest






West Ham




Which Premier League club spent the least in January 2023?

Clubs like Manchester United and Tottenham didn't make permanent signings in January, though the former still brought in Jack Butland, Wout Weghorst and Marcel Sabitzer on loan, while Spurs eventually got the Pedro Porro deal through - that will be made permanent later this year.

Brentford signed Bundesliga attacker Kevin Schade with a view to a permanent transfer, but the best Everton could do was recall Ellis Simms from his loan spell at Sunderland. New manager Sean Dyche also has to make do without Anthony Gordon, who was sold to Newcastle for £40m.

Who was the most expensive January 2023 signing?

Chelsea showed they weren't messing around early in the transfer window by forking out €100m for Ukraine prospect Mykhailo Mudryk, but the young winger wasn't the Blues' priciest addition.

That honour goes to Enzo Fernandez, who cost the west London giants a staggering €121m. Benfica were adamant he would not leave on the cheap after a starring role at the winter World Cup, while they were also compensated for losing a key player midway through the season.

Fees between the £30m and £40m mark were thrown around pretty regularly, with the likes of Anthony Gordon, Cody Gakpo and Georginio Rutter setting Newcastle, Liverpool and Leeds back.

Who had the best January 2023 transfer window?

Well, that's all up for debate, isn't it? It depends on whether you like your transfer windows quiet and shrewd or loud and obnoxious.

Graham Potter now has the majority of professional footballers in the world at his disposal following Chelsea's latest bonkers transfer window, while Nottingham Forest are similarly stacked with squad depth.

Injuries at Man Utd saw Erik ten Hag swoop smartly for Bayern Munich midfielder Marcel Sabitzer, a move which could prove to be a genius one if the Austrian rediscovers his RB Leipzig form.

Arsenal will feel they've added the necessary depth to their squad to go all the way in the title race, with Joao Cancelo's departure at Manchester City to Bayern Munich comes as a boost to the north London side.

With sides scrapping for titles, European qualification and safety from relegation, the signings made in January will have a large role in shaping the outcome of the 2022/23 Premier League season.