Serie A 2026 Winter Transfers: Biggest Spenders Ranked

Lazio were the biggest spenders in Serie A during the winter transfer window, while Juventus were the only club not to spend a penny as they secured Jeremie Boga and Emil Holm on free loan deals.

LECCE, ITALY – JANUARY 24: Kenneth Taylor of SS Lazio during the Serie A match between US Lecce and SS Lazio at Stadio Via del Mare on January 24, 2026 in Lecce, Italy. (Photo by Marco Rosi – SS Lazio/Getty Images)

Lazio had been imposed a transfer embargo during the summer transfer window, so it is not entirely surprising to see the Biancocelesti spend more than any other club in Italy during the January window.

Furthermore, Maurizio Sarri saw two regular starters, Matteo Guendouzi and Valentin Castellanos, leave the Olimpico last month, so the Bianconcelesti had to sign replacements in central midfield and attack.

MILAN, ITALY – JANUARY 18: Niclas Fullkrug of AC Milan celebrates scoring his team’s first goal during the Serie A match between AC Milan and US Lecce at Giuseppe Meazza Stadium on January 18, 2026 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)

The Rossoneri also signed Niclas Fullkrug from West Ham, on loan with an option to buy.

Marcus Cole

Marcus Cole is a senior football analyst at Archysport with over a decade of experience covering the NFL, college football, and international football leagues. A former NCAA Division I player turned journalist, Marcus brings an insider's understanding of the game to every breakdown. His work focuses on tactical analysis, draft evaluations, and in-depth game previews. When he's not breaking down film, Marcus covers the intersection of football culture and the communities it shapes across America.

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