Serie A's 2026 Transfer Market

Football · Serie A 2026/27

Serie A Summer Transfer Window  |  Closed 8:00pm CET, Tuesday, September 1, 2026

Serie A's summer transfer window closed at 8pm CET on September 1 following one of Italian football's more eventful markets in recent memory. AC Milan set the pace almost from the opening days of the window and never relinquished it, claiming both the most and second-most expensive transfers involving any Italian club this summer. Juventus, Inter Milan, Roma, Atalanta and a newly emboldened Como all played their part too, in a window that saw five separate deals reach or exceed roughly €100 million in combined value once loan-to-buy activations are included.

AC Milan's statement summer

No club moved with more conviction than AC Milan. The Rossoneri's marquee deal was a club-record move for centre-forward Gonçalo Ramos from Paris Saint-Germain, reported at around €74 million plus bonuses — a signing intended to give Milan the genuine penalty-box No. 9 they had been missing, someone capable of carrying focal-point responsibility rather than simply rotating with wide attackers. Milan doubled down soon after, adding Belgian winger Diego Moreira from RC Strasbourg on a contract through June 2031, in a deal that could rise as high as €65 million with bonuses included — together, the two most expensive transfers of the entire Serie A summer.

Milan's move for Ramos "changes the tone at San Siro," as one analysis of the deal put it, with the club under pressure to see quick returns on a forward signed at that price rather than treating him as a slow-burn project.

Juventus rebuild in attack and defence

Juventus were similarly active, headlined by the permanent return of Randal Kolo Muani from Paris Saint-Germain for around €50 million including bonuses, completing a move that had been trailed for much of the window. The Bianconeri also completed the permanent signing of Colombian defender Jhon Lucumí from Bologna on a contract through June 2030, following 152 appearances for the Rossoblù across four seasons including Champions League football, and brought in winger Kerim Alajbegovic from Bayer Leverkusen for around €35 million including bonuses. Juventus also activated a €42 million obligation to permanently sign Lois Openda from RB Leipzig following his loan spell, and added Jeff Ekahtor from Genoa for over €16 million early in the window.

Inter Milan reload in midfield and defence

Inter Milan entered the summer needing to replace outgoing full-back Denzel Dumfries and saw academy prospect Marco Palestra depart for Chelsea, prompting a rebuild across multiple positions. The Nerazzurri's most eye-catching deal was the signing of Curtis Jones from Liverpool for around €35 million including bonuses, in what had been described as the most credible transfer story linking the two clubs for much of the summer. Inter also completed the permanent signing of full-back Djed Spence from Tottenham Hotspur for a reported €30 million on a five-year deal, with the England international arriving fresh off featuring in all eight of England's matches at the 2026 World Cup to link up with international teammate John Stones.

Roma, Atalanta and Como's rise

Roma strengthened their attack with the signing of Santiago Castro from Bologna for around €35 million plus bonuses, while Atalanta moved for winger Jonathan Rowe, also from Bologna, in a deal worth up to €40 million including the loan and permanent fee — continuing a busy summer of asset sales for Bologna that also included Lucumí's exit to Juventus.

The most eye-catching business outside the traditional powerhouses, though, belonged to Como. The ambitious side spent a reported €60 million to purchase the remaining 50% of the economic rights to Nico Paz from his former club Real Madrid, a significant investment underlining the club's growing financial muscle. Como also signed striker Moise Kean from Fiorentina in a deal worth around €40 million including loan and permanent fee structures, and added Chelsea defender Trevoh Chalobah for roughly €30 million plus bonuses — a remarkable summer of recruitment for a club that has rapidly established itself as one of Serie A's most active spenders.

Napoli's quieter approach

Napoli's summer business took a different shape following the late appointment of Massimiliano Allegri as head coach in early June, which delayed the club's transfer planning relative to their rivals. Rather than headline permanent deals, Napoli's most significant move in attack was the activation of a €44 million obligation to permanently sign striker Rasmus Højlund from Manchester United, converting last season's loan into a lasting first-team addition as Allegri shaped his squad around the Danish forward.

Top 10 most expensive Serie A signings of summer 2026

Player	Move	Fee
Gonçalo Ramos	PSG → AC Milan	€74m plus bonuses
Diego Moreira	Strasbourg → AC Milan	Up to €65m
Randal Kolo Muani	PSG → Juventus	€50m including bonuses
Moise Kean	Fiorentina → Como	~€40m (loan + permanent)
Jonathan Rowe	Bologna → Atalanta	~€40m (loan + permanent)
Santiago Castro	Bologna → Roma	€35m plus bonuses
Curtis Jones	Liverpool → Inter Milan	€35m including bonuses
Djed Spence	Tottenham → Inter Milan	€35m including bonuses
Kerim Alajbegovic	Bayer Leverkusen → Juventus	€35m including bonuses
Trevoh Chalobah	Chelsea → Como	€30m plus bonuses

Notable buyout and loan-to-buy activations

• Rasmus Højlund (Manchester United → Napoli) — €44m obligation to buy activated
• Lois Openda (RB Leipzig → Juventus) — €42m obligation to buy activated
• Nico Paz rights buyout (Real Madrid → Como) — €60m for remaining 50% economic rights

What it means for the season ahead

With Milan boasting Italy's two most expensive incoming transfers of the summer, Massimiliano Allegri's Napoli banking on continuity over marquee spending, and Como continuing to punch above their traditional weight in the market, Serie A's 2026-27 title race looks set to be shaped as much by boardroom ambition as by what happens on the pitch. Still, the numbers involved remain modest by Premier League standards — by deadline day, English clubs alone had reportedly spent more on transfers than Serie A, LaLiga, the Bundesliga and Ligue 1 combined, a reminder of the financial gulf that continues to separate Italian football from the market's biggest spenders even in an unusually active window.

Sources

• Football Italia — "Top 10 most expensive Serie A signings of 2026 summer transfer window"
• Football Italia — "Every transfer completed by Serie A clubs in 2026 summer transfer window"
• Football Italia — "Summer Transfer window LIVE: Serie A done deals tracker"
• Get Football News Italy — "Serie A Summer Transfers: Big Deals and Next Moves"
• BetInf — "Italian Serie A Transfers in 2026/27 Season"
• Footballens — "Serie A Transfer Rumours 2026"
• MondoExpat — "Transfer Market 2026: Biggest Deals and Top Spending Leagues"
• Yahoo Sports — "Summer Transfer window LIVE: Serie A done deals tracker"

Also Read: Betway Premiership 2026 Transfer Market

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