We've taken a look (via Transfermarkt data) at how Luton Town' s five-year transfer net spend compares to every other Championship side, along with each teams most expensive signing over the period. Here's where the Hatters rank in the intriguing spending league table:
5. Reading - -£25.9m net spend last five seasons
Biggest season net spend: -£10.9m. Highest transfer fee paid: £7.5m for George Puscas from Internazionale in 2019. Photo: Naomi Baker
6. Sheffield Wednesday - -£19m net spend last five seasons
Biggest season net spend: -£13.7m. Highest transfer fee paid: £10m for Jordan Rhodes from Cardiff City in 2017. Photo: Alex Pantling
7. Watford - -£16.5m net spend last five seasons
Biggest season net spend: -£49m. Highest transfer fee paid: £30m for Ismaila Sarr from Stade Rennais in 2019. Photo: Richard Heathcote
8. Middlesbrough - -£3.9m net spend last five seasons
Biggest season net spend: -£31m. Highest transfer fee paid: £15m for Britt Assombalonga from Nottingham Forest in 2017. Photo: Laurence Griffiths