Which Premier League clubs spend most during January transfer window?

GRAPHIC

As we approach the final days of the winter transfer window, clubs are scrambling to complete deals before their squads are locked down for the remainder of this season.

But which clubs have traditionally spent heavily in January, which have typically offloaded star payers, and which profit from dealings? We checked the past five winter windows to find out...

Spending

Chelsea snapped up Gonzalo Higuain on loan last week, with an option to make the deal permanent this summer - but the Blues have been the biggest January spenders recently, splashing £105.4m over the past five windows.

 during the UEFA Europa League Group L match between Chelsea and PAOK at Stamford Bridge on November 29, 2018 in London, United Kingdom.
Image: Ross Barkley (left), Olivier Giroud (right) and Emerson (not pictured) were among Chelsea's January signings last year, collectively costing £57.6m

Manchester City have also spent heavily with winter investments totalling £86.2m, followed by Everton (£86m), Arsenal (£80.6m), Liverpool (£80.3m), Crystal Palace (£69.3m) and Leicester (£60.3m).

during the Barclays Premier League match between Manchester City and Newcastle United at Etihad Stadium on February 21, 2015 in Manchester, England.
Image: Manchester City signed Wilfried Bony (pictured) from Swansea for £25m in January 2015 and Aymeric Laporte for £57m last season

Manchester United (£37.1m) and Tottenham (£27.5m) are the most spendthrift of big-six clubs, with Southampton spending more than both - primarily on the since-departed Manolo Gabbiadini (£17.1m) and Guido Carrillo (£19.1m).

mata signs
Image: All of Manchester United's £37.1m outlay over the past five winter windows was spent on Juan Mata in 2014

After Manchester United, Newcastle have been on the longest spending freeze, having failed to spend any money on recruiting players since 2016 when the club signed Jonjo Shelvey, Andros Townsend (both £12m) and Henri Saivet (£5m).

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Unsurprisingly, Cardiff, Huddersfield and Fulham rank among the bottom three for expenditure, having spent four of the previous five windows in the Championship.

PRITCHARD
Image: Huddersfield spent most of their five-year total on Alex Pritchard for £12m last year

Interestingly, though, Wolves surpassed the £14m-threshold in 2017 - despite playing in England's second tier at the time.

Selling

While Chelsea top the pack for expenditure on winter signings, the Blues have also seriously replenished the club's coffers - collecting a cool £197.8m from selling players over the previous five windows.

de bruyne
Image: Chelsea sold Kevin De Bruyne (pictured) to Wolfsburg for around £16.7m in January 2014, while Juan Mata also left Stamford Bridge to join Manchester United

Liverpool have also reaped considerable financial reward during that time, cashing in £155.7m - almost entirely from the £146m sale of Philippe Coutinho to Barcelona last year.

Philippe Coutinho gives the thumb up during a La Liga match between Barcelona and Eibar at Nou Camp Stadium on January 13, 2019
Image: Liverpool cashed in £146m when they sold Philippe Coutinho to Barcelona last year

That cash also helped Jurgen Klopp fund the £75m fee for Virgil van Dijk from Southampton, while Arsenal offloaded Theo Walcott (£20m), Olivier Giroud (£18m) and Francis Coquelin (£12m) last term.

Theo Walcott has scored twice for Everton this season
Image: Arsenal received most of their cash from January player sales last season, selling Theo Walcott (pictured), Olivier Giroud and Francis Coquelin

Incredibly, Crystal Palace have received under £1m in player sales during winter windows since 2013/14 and the Eagles will be looking to maintain that run and keep star man Wilfried Zaha amid interest from Europe's top clubs.

Net

Six current top-flight clubs have recorded net profits from dealings during the period: Chelsea (+£92.4m), Liverpool (+£75.4m), Southampton (+£47.6m), West Ham (+£23.2m), Manchester United (+£11.4m) and Watford (+£9.8m).

Palace have the highest net expenditure with -£68.3m, derived mostly from not selling players and a £39m transfer splurge in January 2017 on Patrick van Aanholt (£14m), Jeff Schlupp and Luka Milivojevic (both £12.5m).

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