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With just over a month to go before the transfer window closes, the five major European leagues continue to animate the off-season. Between financial records, surprise extensions, and the latest moves, the summer 2026 transfer market is maintaining a high pace. An overview of the main operations already shaping the upcoming season.
Gonçalo Ramos, the transfer record of the summer
By leaving Paris Saint-Germain for AC Milan on June 30, Gonçalo Ramos signed the biggest transfer of this summer window.
By leaving Paris Saint-Germain for AC Milan on June 30, Gonçalo Ramos signed the biggest transfer of this summer window. The 25-year-old Portuguese striker cost the Lombardy club 74 million euros, an amount that constitutes a record in the Rossoneri's history. He has committed for five seasons, i.e., until 2031. The Milan club, coming off a season without Champions League qualification, is betting big on the Portuguese international to embody the reconquest of Calcio and give a conquering face back to its attack.
Recruited by PSG in the summer of 2023 from Benfica, Ramos never fully convinced in the French capital despite 26 caps and 10 goals with Portugal. Blocked by competition in attack and rarely used in a role suited to his finisher qualities, he leaves Paris with a mixed record. In Milan, he finds an ambitious project and an undisputed starting spot in a squad that will aim for the Scudetto after a disappointing 2025-2026 season.
The Premier League, engine of the market
The English championship remains the main financial driver of the window. Chelsea has reached a verbal agreement with Aston Villa for the transfer of Morgan Rogers, according to The Athletic. The English international, dazzling during the 2026 World Cup, could join the Blues for around 117 million pounds. The 24-year-old player, who scored 14 goals and provided 9 assists in the league last season, represents a massive investment that confirms Chelsea's desire to rebuild its attack around a young and decisive profile.
Arsenal, Manchester United, and Newcastle also continue to scan the market. Anthony Gordon, Newcastle's winger, interests FC Barcelona according to several Spanish media, without any formal offer having been submitted yet. The Catalan club, constrained by its wage bill, is exploring offensive profiles capable of bringing speed on the flanks without blowing up its accounts.
Other notable moves
On the side of more discreet but significant operations, Deportivo Alavés has formalized the arrival of midfielder Miguel Rodriguez from Utrecht. The 23-year-old Spaniard has committed for five seasons, for an amount estimated between 3 and 5 million euros. Still in La Liga, Girona has secured the extension of its Uruguayan striker Cristhian Stuani, now linked to the Catalan club until 2027. At 39, the Uruguayan veteran remains an essential figure in the Catalan dressing room, proof that experience retains all its value in a market dominated by young talents.
The Ligue 1 market is for now dominated by rumors around Olympique de Marseille, which is looking to strengthen in central defense. The names of Lautaro Rivero (River Plate) and Nayef Aguerd (West Ham) are circulating insistently, without any agreement having been formalized at this stage. The Provençal club, which will play in the Europa League next season, must contend with budget constraints that make each negotiation longer than usual.
The summer window will close on September 1 in most major leagues, and on August 31 in the Premier League. Five weeks during which squads will continue to transform, sometimes at the last minute.