Burnley have already been linked with a number of quality players, and will to bring in some fresh faces before the window slams shut at the end of August.
In the meantime, we've taken a look (via Transfermarkt data) back at every Premier League club's estimated total transfer net spend over the past five seasons (2016/17-2020/21) and found out who's the deepest in the red, as well as their biggest season spend, and their most costly signing over that time period.
This is how Burnley's five-year transfer net spend shapes up against every other side that will be taking part in the 2021/22 Premier League season:
. BURNLEY, ENGLAND - JANUARY 27: Chris Wood of Burnley celebrates after scoring their sides third goal during the Premier League match between Burnley and Aston Villa at Turf Moor on January 27, 2021 in Burnley, England. Sporting stadiums around the UK remain under strict restrictions due to the Coronavirus Pandemic as Government social distancing laws prohibit fans inside venues resulting in games being played behind closed doors. (Photo by Molly Darlington -
How Burnley's -£59m estimated five-year net-spend compares to Watford, Southampton & more Photo: Pool
. 1st - Manchester City
Estimated five-year net spent total: -£560m. Biggest season expenditure: £285m (2017/2018). Most expensive signing over five year period: Ruben Dias (£65m from Benfica) Photo: Michael Regan
. 2nd - Manchester United
Estimated five-year net spent total: -£497m. Biggest season expenditure: £204m (2019/2020). Most expensive signing over five year period: Paul Pogba (£89m from Juventus) Photo: Pool
. 3rd: Arsenal
Estimated five-year net spent total: -£308m. Biggest season expenditure: £144m (2019/2020). Most expensive signing over five year period: Nicolas Pepe (£72m from Lille) Photo: Julian Finney
. 4th: Chelsea
Estimated five-year net spent total: -£262m. Biggest season expenditure: £234m (2017/2018). Most expensive signing over five year period: Kai Havertz (£72m from Bayer Leverkusen) Photo: Jose Coelho - Pool
. 5th: Everton
Estimated five-year net spent total: -£255m. Biggest season expenditure: £182m (2017/2018). Most expensive signing over five year period: Gylfi Sigurdsson (£45m from Swansea City) Photo: Michael Regan
. 6th: Aston Villa
Estimated five-year net spent total: -£254m. Biggest season expenditure: £143m (2019/2020). Most expensive signing over five year period: Ollie Watkins (£28m from Brentford) Photo: Pool
. 7th: Wolves
Estimated five-year net spent total: -£213m. Biggest season expenditure: £105m (2019/2020). Most expensive signing over five year period: Fabio Silva (£37m from FC Porto) Photo: Richard Heathcote
1. 1st - Manchester City
Estimated five-year net spent total: -£560m. Biggest season expenditure: £285m (2017/2018). Most expensive signing over five year period: Ruben Dias (£65m from Benfica) Photo: Michael Regan
2. 2nd - Manchester United
Estimated five-year net spent total: -£497m. Biggest season expenditure: £204m (2019/2020). Most expensive signing over five year period: Paul Pogba (£89m from Juventus) Photo: Pool
3. 3rd: Arsenal
Estimated five-year net spent total: -£308m. Biggest season expenditure: £144m (2019/2020). Most expensive signing over five year period: Nicolas Pepe (£72m from Lille) Photo: Julian Finney
4. 4th: Chelsea
Estimated five-year net spent total: -£262m. Biggest season expenditure: £234m (2017/2018). Most expensive signing over five year period: Kai Havertz (£72m from Bayer Leverkusen) Photo: Jose Coelho - Pool