Transfer deadline day 2026: How does January transfer window compare and what deals could still be done?

With transfer deadline day approaching, how does the January window compare to previous years and what could still happen before Monday’s 19:00 GMT deadline?

The current Premier League spending sits at £325m, down from £421m in 2025 – but there’s a good chance we might reach a similar final total with a busy deadline day expected.

January 2026 has seen a somewhat middling window. Of the traditional big six, only Manchester City and Tottenham have been active, spending £84m and £48m respectively.

Indeed, Antoine Semenyo’s £63m switch from Bournemouth to City looks set to be comfortably the biggest deal done in the window.

City will be the biggest spenders for the second-consecutive January, having spent £188m 12 months ago on reinforcements that have had varying degrees of impact on the first-team. The £84m outlay on Semenyo and Marc Guehi edges them close to an eye-watering £450m spend in the last 12-month period.

Tottenham (£47.8m) and West Ham (£47m) follow next, the latter adding two centre-forwards to their ranks as they look to move out of the relegation zone.

Liverpool, Manchester United, Arsenal and Chelsea have so far chosen to sit this one out, and that’s been a prevailing theme for that quartet in January of late; Arsenal and Liverpool have not signed anyone at all in winter for three seasons now, while United’s capture of Patrick Dorgu (£27m in 2025) has been their only business over that same period.

Chelsea signed Mathis Amougou (£13.5m) last January, otherwise they have transitioned to relying solely on summer business, too.