The transfer market in Portugal was significantly quieter than in the previous season, with the three big clubs investing around 215 million euros in new players, a 35% drop compared to the over 330 million spent in the 2025/2026 season. Meanwhile, Premier League clubs continue to move tens of millions, but in Portugal strategies diverged: Sporting was hyperactive, Porto conservative, and Benfica sought balance.
Sporting under Frederico Varandas and Rui Borges carried out the most profound squad transformation, simultaneously being the club that bought the most and sold the most. The Alvalade club invested over 123 million euros in signings, becoming the first Portuguese club to lead transfer spending since 2021/22, but raised over 150 million from sales, with the Hjulmand, Trincão, and Diomande deals standing out. The positive balance stood at 28.5 million euros, closing the window with a profit for the first time in years.
FC Porto, as defending champions, followed the motto that you don't change a winning team, keeping the key players who secured the title, namely captain Diogo Costa and the revelation Froholdt. The Porto market was particularly quiet, with few arrivals and departures, with the purchase of Polish player Kiwior's registration being the biggest investment. Rodrigo Mora was the most significant departure, yielding 25 million to Roma. Porto's positive balance stood at 11.5 million.
Benfica, now without access to the Champions League and with fewer revenues, signed only five players, with Australian defender Circati as the most expensive addition, in a total investment of around 60 million. They sold players worth nearly 75 million, with the departures of António Silva and Dedic to England standing out. Benfica's positive balance was 15.3 million, rising to 30 million if the amount paid by Real Madrid to take coach José Mourinho were accounted for.
