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The ten most expensive transfers of all time

The January transfer window has opened for 2026 but what are the most expensive football signings ever?

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File photo dated August 4, 2017 of Neymar pitchside alongside Paris Saint Germain president Nasser Al-Khelaifi after a press conference at the Parc des Princes
Neymar, alongside Paris Saint Germain president Nasser Al-Khelaifi after the most expensive transfer ever - in 2017. Picture: Alamy

By William Mata

The January transfer has opened and Manchester City have wasted little time to dip into their wallet.

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The Sky Blues have signed Antoine Semenyo for £65m after the Ghana winger impressed for Bournemouth in the Premier League this season.

Manchester City are now hoping he can gel with their squad to help them overcome a six point deficit to catch Arsenal in the race for the title.

Pep Guardiola's side have lost ground after drawing successive matches and face Manchester United in the city's derby this weekend, with the Red Devils now managed by Ole Gunnar Solskjaer once more on a caretaker bais.

For United, finding a full-time manager is the priority for January, but they may also be tempted to spend big.

Sides in the relegation zone, West Ham, Wolverhampton Wanderers, and Burnley, might also be weighing up who they can bring in to try and guide them to safety.

Transfer spending has been going up and up in recent years, although the two most expensive transfers of all time were both completed by Paris Saint Germain during the same summer transfer window in 2017.

Here are the top 10 most expensive transfers of all time.

The 10 most expensive football transfers of all time

1. Neymar: Barcelona to Paris Saint Germain - £200m, 2017

Almost four years after his arrival at PSG, the Brazilian has finally extended his contract, just over a year before it expires
Neymar arrived at PSG in 2017 for a record £200m that hasn't been beaten. Picture: Alamy

2. Kylian Mbappe - Monaco to PSG - £165m, 2017

9th June 2017, Paris, France; Paris Saint Germain announces the signing of Kylian Mbappe from AS Monaco in the Freh League 1;  Kylian Mbappe with his son and father Wilfrid Mbappe
Mbappe joined PSG for £165m in the same transfer window that saw Neymar go to Paris. Picture: Alamy

3. Alexander Isak - Newcastle to Liverpool - £125m, 2025

Liverpool's Alexander Isak controls the ball during the Champions League opening phase soccer match between Liverpool and Atletico Madrid at Anfield stadium in Liverpool, England, Wednesday, Sept. 17, 2025. (AP Photo/Jon Super)
The British transfer record was broken last summer when Alexander Isak moved to Liverpool. Picture: Alamy

4. João Félix - Benfica to Atletico Madrid - £113m, 2019

JOAO FELIX DURING THE MACTH ATLETICO DE MADRID VERSUS GETAFE CF IN WANDA METROPOLITANO STADIUM. SATURDAY, 17 AUGUST 2019. Cordon Press
Felix has since left Atletico, where he signed in 2019 for a Spanish record fee. Picture: Alamy

5. Enzo Fernandez - Benfica to Chelsea - £106.8m, 2023

London, UK. 30th Sep, 2025. Enzo Fernandez of Chelsea seen during the UEFA Champions League 2025/2026 match between Chelsea and Benfica at Stamford Bridge. Final Score; Chelsea 1:0 Benfica.
World Cup winner Fernandez set a British transfer record in 2023. Picture: Alamy

6. Antoine Griezmann - Atletico Madrid to Barcelona - £106m, 2019

Tokyo, Japan. 21st July, 2019. FC Barcelona player Antoine Griezmann signs autographs for fans upon his arrival at Tokyo International Airport
Griezmann crossed Spain for his 2019 transfer but has since moved back. Picture: Alamy

7. Philippe Coutinho - Liverpool to Barcelona - £105m, 2018

Brazilian midfielder Philippe Coutinho poses for the photographers during his presentation as new FC Barcelona's player at Camp Nou Stadum in Barcelona
Philippe Coutinho did not prove to be great business for Barcelona. Picture: Alamy

8. Jack Grealish - Aston Villa to Manchester City - £100m, 2021

File photo dated 15-09-2021 of Manchester City's Jack Grealish. The summer saw City break the British transfer record to sign Jack Grealish from Aston Villa for £100million but their attempts to prise Kane out of Tottenham proved fruitless.
Grealish was the first English player to cost more than £100m. Picture: Alamy

9. Florian Wirtz - Bayer Leverkusen to Liverpool - £100m, 2025

Liverpool's Florian Wirtz in action during a friendly soccer match between AC Milan and Liverpool at the Hong Kong Football Festival held at the Kai Tak Stadium in Hong Kong, Satursday, July 26, 2025. (AP Photo/Chan Long Hei)
Wirtz was one of several huge signings for Liverpool in 2025. Picture: Alamy

10. Declan Rice - West Ham United to Arsenal - £100m, 2023

Arsenal midfielder midfielde Declan Rice (41) in his first game for Arsenal
Rice has been a key player for Arsenal since his transfer. Picture: Alamy