Due to the Covid-19 pandemic, the 2019/20 season was extended, ending on 26th July 2020. Any transfers taken place between the date the Premier League season was originally scheduled to end (17th May 2020) and the new date will be on this page.
In
| Player | Team | Date | Fee |
|---|---|---|---|
| Niels Nkounkou | Marseille | 2 July 2020 | Free |
| Allan | Napoli | 5 September 2020 | £21,700,000 (+£2,600,000 add-ons) |
| James Rodriguez | Real Madrid | 7 September 2020 | Free |
| Abdoulaye Doucoure | Watford | 8 September 2020 | £20,000,000 |
| Imam Jagne | BK Hacken | 4 October 2020 | Undisclosed |
| Ben Godfrey | Norwich City | 5 October 2020 | £20,000,000 |
| Robin Olsen | Roma | 5 October 2020 | Loan to end of the season |
| Josh King | Bournemouth | 1 February 2021 | Nominal |
| Total (initial fees only): | £61,700,000 | ||
- James Rodriguez (Real Madrid) – The fee was originally believed to be £22,000,000. The BBC then said the fee was £12,000,000. However, James Rodriguez's former club Banfield said they didn't receive any money from the transfer, claiming they would receive a cut of the fee every time Rodriguez moves to another club, adding the move was practically a free transfer. Everton's director of football Marcel Brands confirmed in January 2020 that James Rodriguez was signed on a free transfer.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Morgan Schneiderlin | Nice | 23 June 2020 | £1,800,000 |
| Alex Denny | Released | 1 July 2020 | |
| Cuco Martina | Released | 1 July 2020 | |
| Jonathan Anderson | Released | 1 July 2020 | |
| Josh Hosie | Released | 1 July 2020 | |
| Korede Adedoyin | Released | 1 July 2020 | |
| Luke Garbutt | Released | 1 July 2020 | |
| Manasse Mampala | Released | 1 July 2020 | |
| Matty Foulds | Released | 1 July 2020 | |
| Morgan Feeney | Released | 1 July 2020 | |
| Oumar Niasse | Released | 1 July 2020 | |
| Fraser Hornby | Reims | 1 July 2020 | £1,800,000 |
| Mohamed-Ali Cho | Angers | 1 July 2020 | Undisclosed |
| Kieran Phillips | Huddersfield Town | 13 July 2020 | Undisclosed |
| Nathangelo Markelo | Twente | 27 July 2020 | Season-long loan |
| Leighton Baines | Retired | 27 July 2020 | |
| Maarten Stekelenburg | Ajax | 27 July 2020 | Free |
| Kieran Dowell | Norwich City | 30 July 2020 | Undisclosed |
| Lewis Gibson | Reading | 22 September 2020 | Loan to end of the season |
| Dennis Adeniran | Wycombe Wanderers | 25 September 2020 | Loan to end of the season |
| Moise Kean | Paris Saint-Germain | 4 October 2020 | Loan to end of the season |
| Sandro Ramirez | Huesca | 5 October 2020 | Free |
| Theo Walcott | Southampton | 5 October 2020 | Loan to end of the season |
| Shani Tarashaj | Released | 13 October 2020 | |
| Callum Connolly | Fleetwood Town | 16 October 2020 | Loan to end of the season |
| Matthew Pennington | Shrewsbury Town | 31 December 2020 | Loan to end of the season |
| Jarrad Branthwaite | Blackburn Rovers | 14 January 2021 | Loan to end of the season |
| Ellis Simms | Blackpool | 20 January 2021 | Loan to end of the season |
| Yannick Bolasie | Middlesbrough | 28 January 2021 | Loan to end of the season |
| Anthony Gordon | Preston North End | 1 February 2021 | Loan to end of the season |
| Beni Baningime | Derby County | 1 February 2021 | Loan to end of the season |
| Cenk Tosun | Besiktas | 1 February 2021 | Loan to end of the season |
| Jonjoe Kenny | Celtic | 1 February 2021 | Loan to end of the season |
| Jonas Lossl | Midtjylland | 1 February 2021 | Free |
| Joel Davidson | Retired | March 2021 | |
| Total (initial fees only): | £3,600,000 | ||
- Alex Denny (Released) – Eventually joined Salford City in August 2020.
- Cuco Martina (Released) – Eventually joined Go Ahead Eagles on 26th November 2021.
- Jonathan Anderson (Released) – Eventually joined Caernarfon Town in September 2020.
- Josh Hosie (Released) – Eventually joined Furman Paladins in summer 2020.
- Korede Adedoyin (Released) – Eventually joined Sheffield Wednesday on 12th September 2020.
- Luke Garbutt (Released) – Eventually joined Blackpool on 22nd September 2020.
- Manasse Mampala (Released) – Eventually joined Queens Park Rangers on 19th October 2020.
- Matty Foulds (Released) – Eventually joined Como on 14th October 2020.
- Morgan Feeney (Released) – Eventually joined Sunderland on 21st August 2020.
- Oumar Niasse (Released) – Eventually joined Huddersfield Town on 26th March 2021.
- Mohamed-Ali Cho (Angers) – Deal agreed in May 2020.
- Maarten Stekelenburg (Ajax) – Deal agreed on 22nd June 2020.
- Shani Tarashaj (Released) – Eventually joined FC Zurich in January 2021.
- Joel Davidson (Retired) – Retired due to persistent injury problems.
| Income | £3,600,000 |
| Expenditure | £61,700,000 |
| Net Spend | +£58,100,000 |