Tottenham are the biggest summer spenders so far with Liverpool second despite Jurgen Klopp claims but Arsenal are set to gazump rivals with Declan Rice transfer

Premier League clubs have wasted no time in splashing the cash as they gear up for what promises to be another hectic campaign.

Usual suspects Arsenal, Manchester City and Chelsea have already made their mark, but it is Tottenham that have spent the most so far.

Tottenham are the biggest Premier League spenders so far, with James Maddison a £40m arrivalCredit: Getty
Spurs have forked out £121million on four new players as they look to give new boss Ange Postecoglou a squad capable of finishing back inside the top seven.

James Maddison was brought in from Leicester for £40m, while goalkeeper Guglielmo Viacario has been signed for £17m from Italian outfit Empoli.

Meanwhile the north Londoners have turned Pedro Porro [£34m] and Dejan Kulusevski’s [£30m] loan deals from Sporting Lisbon and Juventus into permanent stays.

Liverpool follow Tottenham having spent £95m on two players – Dominik Szoboszlai for £60m from RB Leipzig and Alexis Mac Allister for an initial £35m from Brighton.That is despite boss Jurgen Klopp hinting that funds were tight earlier this year after the Reds missed out on Jude Bellingham to Real Madrid.

Chelsea, who finished 12th in the previous season, have made it their mission to sell players to raise funds for a huge spree later this month and in August.

But they have still spent £85m after bringing in Christopher Nkunku from RB Leizpig in a £53m deal, while splashing £32m on striker Nicolas Jackson from Villarreal.

Arsenal then sit in fourth spot having paid Chelsea an initial £60m for versatile German Kai Havertz.