Most expensive Premier League squads by combined initial transfer fees

Premier League clubs broke the bank again in the 2026 summer transfer window, but which club has the most expensively assembled squad?

Liverpool lead from the front with Andoni Iraola's current options costing around £980m in combined fees, with Alexander Isak, Florian Wirtz and Bradley Barcola all arriving for fees north of £100m across the last two summers.

Manchester City sit second, though the Cityzens have the most expensive squad overall, with £267m worth of talent out on loan this season, including former British record recruit Jack Grealish.

Omar Marmoush, Claudio Echeverri and Kalvin Phillips also feature among the City group currently on temporary deals elsewhere.

Incredibly, according to Valuball's data, City's £267m loan group is worth more than the entire squads of five Premier League teams, including Leeds United and Everton.

Newly-promoted Hull City have the lowest-value squad in the Premier League. The Tigers have a group worth £160m, built largely this summer after 18 new arrivals.

Most expensive Premier League squads by combined initial transfer fees.