Most Profitable Clubs in the Summer Transfer Window

French club Monaco made an astronomical €289m in profit from their transfer activity in the summer window gone by while Real Madrid and Arsenal were among the top clubs to have earned more money than they spent on transfers.

The CIES Football Observatory has released analysis of the transfer activity in Europe’s top-five leagues and found Monaco generated €394m in player sales, while only spending €105m of that on replacements.

Monaco allowed their stars Kylian Mbappe, Tiemoue Bakayoko, Benjamin Mendy and Bernardo Silva to leave the club at humongous amounts. Their net balance would have been even higher had Thomas Lemar joined Arsenal on deadline day after the Gunners reportedly bid €100m for the French midfielder.

Portuguese club Benfica were the second most profitable club with their summer transfer activity earning them a profit of almost €118m.

Borussia Dortmund came third on the list of most profitable clubs from the transfer window with their dealings generating a net profit of €110m from the sale of Ousmane Dembele to Barcelona. They can still earn upwards of €147m based on certain clauses in Dembele’s deal.

French club Lyon were the next most profitable club in Europe having made €72m in profit mostly from the sales of Alexande Lacazette and Corentin Tolisso.

Spanish club Real Madrid’s strange inactivity in the transfer market continued, as they generated revenues of €47m through their dealings, Alvaro Morata joining Chelsea in their highest-profile departure.

Italian clubs Sampdoria and Fiorentina both made €42m in sales. They were followed by Premier League’s Swansea City who benefited from Gylfi Sigurdsson’s move to Everton. The Welsh club amassed €27m, with the top 10 rounded off by Leverkusen and Arsenal (both €26m).

The La Liga was the only league among all European leagues with regards to transfers this season, that made a profit from their dealings.