Tottenham, Manchester City and Newcastle Transfer Latest: Winners and Losers So Far

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LEICESTER, ENGLAND - JUNE 30: Jeremy Monga of Leicester City during a training session on June 30, 2026 in Leicester, England. (Photo by Plumb Images/Leicester City FC via Getty Images)

The summer transfer window is gathering serious momentum, and while Arsenal, Chelsea, and Liverpool have dominated plenty of headlines, Tottenham Hotspur, Manchester City, and Newcastle United have also been making waves for very different reasons.

Tottenham have spent aggressively under Roberto De Zerbi, Manchester City are quietly rebuilding for the post-Pep Guardiola era, while Newcastle are facing the difficult challenge of replacing key departures without weakening a squad that finally looks capable of competing among England’s elite.

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Here’s a look at the latest done deals, transfer rumors, and which clubs are winning and losing – the transfer window so far.

Tottenham Hotspur: De Zerbi Isn’t Wasting Any Time

If one club has made a statement this summer, it’s Tottenham.

After narrowly avoiding relegation last season, Spurs have completely overhauled their squad under Roberto De Zerbi. The club has already spent more than £250 million, making them one of Europe’s busiest teams this summer.

Done Deals

The headline arrival is undoubtedly Sandro Tonali, who joined from Newcastle United in a deal worth up to £100 million. Tottenham believe they’ve signed one of Europe’s finest midfielders and a player capable of transforming their engine room for years to come.

Spurs have also strengthened several other areas with the arrivals of:

  • Mateus Fernandes
  • Jan Paul van Hecke
  • Andrew Robertson
  • Marcos Senesi
  • Martin Dúbravka

It represents one of the most ambitious recruitments drives anywhere in Europe this summer.

Lucas Bergvall Future Uncertain

Despite all the arrivals, Tottenham could still lose one of their brightest young talents.

Newcastle recently submitted a £46 million offer for Lucas Bergvall, only for Spurs to reject it immediately. Reports reveal that Tottenham value the Swedish midfielder highly and are reluctant to sell despite growing interest.

However, Bergvall is reportedly frustrated by increased competition following Tottenham’s expensive midfield rebuild, meaning this story could develop further before the transfer deadline.

Tottenham have gone from one of last season’s biggest disappointments to arguably the Premier League’s busiest club.

Whether all these signings immediately click remains to be seen, but De Zerbi has certainly been backed by the board.

Manchester City: Quiet Confidence Under Enzo Maresca

The post-Pep Guardiola era officially began this summer, with Enzo Maresca taking charge at the Etihad.

Instead of making splashy signings across every position, City have focused on carefully refreshing an already elite squad.

Done Deals

City’s biggest signing so far is England midfielder Elliot Anderson, who arrives from Nottingham Forest in a deal reportedly worth £116 million.

The Premier League multiple times champions have also completed deals for Jeremy Monga from Leicester City for a fee of £13 million. 

They have also welcomed the return of 

  • Mathys Detourbet
  • Pierce Charles

from their loan spells.

The arrivals reflect City’s continued commitment to recruiting elite young talent capable of becoming first-team stars over the coming years.

Latest Rumors

Despite already strengthening their squad, Manchester City continue to monitor the market.

Reports suggest the club would still like another right-back and could also enter the market for another striker if the right opportunity presents itself before deadline day.

As always with City, negotiations are being conducted quietly, meaning supporters shouldn’t be surprised if another major deal suddenly materializes.

Manchester City’s transfer strategy remains familiar: spend big only when absolutely necessary.

Unlike previous summers, there hasn’t been a complete rebuild. Instead, the club has simply refreshed key positions while ensuring the squad remains capable of competing for every trophy.

Newcastle United: Rebuilding After Losing Tonali

Newcastle entered the summer hoping to strengthen a squad that finally looked capable of challenging consistently for Champions League qualification.

Instead, their biggest story has been the departure of one of their best players.

Sandro Tonali Departure

The sale of Sandro Tonali to Tottenham for a fee that could reach £100 million shocked many supporters.

While the transfer provides Newcastle with enormous financial flexibility, replacing a midfielder of Tonali’s quality will not be easy.

Who Could Arrive?

Newcastle are already working to reinvest.

Among their reported targets are:

  • Lucas Bergvall, although Tottenham have rejected their opening bid.
  • James Trafford, who remains one of Newcastle’s preferred goalkeeping targets.
  • A new full-back and another wide attacker are also believed to be high on Eddie Howe’s wish list.

Possible Departures

Newcastle also face continued speculation surrounding several key players.

Bruno Guimarães continues to attract interest from Europe’s biggest clubs, although Newcastle insist he is not for sale.

Meanwhile, Lewis Hall has reportedly emerged as a target for Manchester United, but Newcastle are determined to resist any approaches.

Although, selling Tonali was never part of Newcastle’s ideal summer plan. Everything now depends on how effectively they reinvest the money. If the Magpies successfully strengthen multiple positions before September, supporters may eventually view the sale differently.

Winners and Losers So Far

Winner: Tottenham Hotspur

No Premier League club has transformed its squad more dramatically than Tottenham.

Landing Sandro Tonali, Mateus Fernandes, Jan Paul van Hecke, Andrew Robertson, Marcos Senesi, and Martin Dúbravka sends a clear message that Spurs are determined to become competitive again immediately.

Winner: Manchester City

City haven’t dominated the headlines, but they rarely need to.

The addition of Elliot Anderson strengthens an already world-class midfield, while their younger signings ensure the squad remains one of Europe’s deepest.

Loser: Newcastle United

Calling Newcastle “losers” may sound harsh, but losing Sandro Tonali inevitably weakens the squad on paper.

Unless they successfully reinvest that transfer fee over the coming weeks, they risk falling behind several of their direct Premier League rivals.

With more than a month still remaining in the transfer window, plenty can still change.

Tottenham have unquestionably been the busiest club of the three and currently look like the biggest winners. Manchester City continue to recruit with remarkable efficiency, while Newcastle face arguably the toughest challenge of rebuilding after losing one of their star players.

One thing is certain: the transfer window is far from over. Expect more blockbuster deals, late twists, and surprise announcements before the deadline arrives, and don’t be surprised if all three clubs are back in the headlines before the month is out.

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