Overview

• Liverpool completed the £125 million signing of Sweden striker Alexander Isak from Newcastle on deadline day on a long-term deal.
• The move closed a summer window in which Premier League clubs’ gross spending hit roughly £3 billion, a new single-window record according to Deloitte and transfer data.
• Isak’s switch followed a tense standoff in which he skipped Newcastle’s preseason tour, trained separately, and accused the club of breaking promises.
• Liverpool’s rebuild featured high-fee arrivals including Florian Wirtz and Hugo Ekitike, while a late move for Marc Guehi collapsed when Crystal Palace could not secure a replacement.
• The champions offset part of their spend with substantial sales, led by Luis Díaz to Bayern Munich and Darwin Núñez to Al‑Hilal, alongside a high volume of exits and loans.