A new record transfer window closed on Friday after a busy summer in which Premier League clubs spent £2.36 billion on new players, bbc.com reports.

Record transfers of the Premier League – 2.36 billion pounds

According to Deloitte, the total spent by the 20 clubs in the period is £440m more than the previous record of £1.92bn set last summer.

Premier League clubs spent £255m on the final matchday alone, more than double the £120m spent in last summer’s transfer window.

Important transfer data from the summer of 2023

• Transfers from the Premier League account for 48% of total spending from the “big five” European leagues – Premier League, La Liga, Serie A, Bundesliga and Ligue 1.

• Premier League clubs received £550m in foreign transfers, more than double the previous record of £210m in the summer of 2022.

• With the exception of Spain’s La Liga, gross transfer spending increased in all five major European leagues.

• Only two of the five major European leagues spent more on transfers than they received – the Premier League and Ligue 1.

• The Premier League saw 13 transfers worth more than £50m, more than in the previous two summer transfer windows combined.

• In the Premier League’s biggest deal yesterday, Manchester City signed Portuguese midfielder Mateus Nunes from Wolverhampton for £55m, while the champions sold Cole Palmer to Chelsea for £40m.

Big summer transfers in the Premier League

This summer there were two transfers that broke the £100 million mark.

Chelsea signed midfielder Moises Caicedo from Brighton for £100m, which could beat the British club’s record £115m deal, while Arsenal signed England midfielder Declan Rice from West Ham for £100m-plus £5 million in bonuses.

Along with Nunez, who was signed on deadline day, Manchester City have signed defender Josko Guardiola for £77m from RB Leipzig, winger Jeremy Doku from Rennes for £55.4m and midfielder Mateo Kovacic, who arrived from Chelsea for £25m pounds sterling.

Manchester United signed Danish striker Rasmus Hoylund for £72m, while Newcastle United signed Italian midfielder Sandro Tonali for £55m and Leicester striker Harvey Barnes for £38m.

As well as Rice, last year’s Premier League runners-up Arsenal also signed Kai Havertz from Chelsea for £65m and Ajax defender Jurrien Timber for £34m.

Liverpool have bolstered their midfield with the signings of Dominik Soboshlaj from RB Leipzig for £60m, Alexis McAllister from Brighton for £35m and Watara Endo from Stuttgart for £16.2m.

The best football offers from all over Europe

The two biggest transfers in Europe this summer involve English players.

Harry Kane joined Bayern Munich from Tottenham for £86.4m, while midfielder Jude Bellingham joined Real Madrid from Borussia Dortmund for £88.5m.

Barcelona signed Ilkay Gundogan on a free transfer after the midfielder left Manchester City, before agreeing loan deals for City defender Joao Cancelo and Portuguese forward Joao Felix from Atletico Madrid.

Last day’s most expensive transaction was Paris Saint-Germain’s purchase of French forward Randal Colo Mouani from Eintracht Frankfurt for £64.2m plus £12.8m in bonuses.

Chelsea leads the spending ranking

It was Chelsea’s third transfer window under new owner Todd Boley and the spending spree showed no signs of slowing down.

The London club spent more than £380m on 10 players this transfer window, more than any other team in Europe. The biggest summer spend of any club in the world so far was Real Madrid’s £292m in 2019.

Chelsea’s spending on players in the three transfer windows since Boela’s arrival is now approaching £1 billion.

Their spending this summer has been partially offset by significant player sales, with nine players going on permanent contracts, including Havertz to Arsenal and Mason Mount to Manchester United for an initial £55m, according to News.ro.