In
| Player | Team | Date | Fee |
|---|---|---|---|
| Tim Iroegbunam | Aston Villa | 22 June 2024 | £9,000,000 |
| Jack Harrison | Leeds United | 1 July 2024 | Season-long loan |
| Omari Benjamin | Free agent | 2 July 2024 | Free |
| Iliman Ndiaye | Marseille | 3 July 2024 | £15,600,000 (+£1,300,000 add-ons) |
| Jesper Lindstrom | Napoli | 26 July 2024 | Loan to end of the season |
| Jake O'Brien | Lyon | 30 July 2024 | £16,400,000 |
| William Tamen | Burton Albion | 13 August 2024 | Undisclosed |
| Asmir Begovic | Free agent | 23 August 2024 | Free |
| Orel Mangala | Lyon | 30 August 2024 | Loan to end of the season |
| Francis Gomez | Sporting Supreme | 30 August 2024 | Undisclosed |
| Armando Broja | Chelsea | 31 August 2024 | Loan to end of the season |
| Justin Clarke | AFC Wimbledon | 16 September 2024 | Undisclosed |
| Carlos Alcaraz | Flamengo | 4 February 2025 | Loan to end of the season |
| Total (initial fees only): | £41,000,000 | ||
- Jack Harrison (Leeds United) – Deal agreed on 24th June 2024.
- Omari Benjamin (Free agent) – Released by Arsenal at the end of the 2023/24 season. Previously on trial.
- Iliman Ndiaye (Marseille) – The fee is €18.5 million plus €1.5 million add-ons, which equates to around £15.6 million plus £1.3 million add-ons.
- William Tamen (Burton Albion) – Originally on trial.
- Asmir Begovic (Free agent) – Released by Queens Park Rangers at the end of the 2023/24 season.
- Armando Broja (Chelsea) – Everton submitted the deal sheet just before the deadline at 11pm on 30th August and the deal was completed the following day.
- Justin Clarke (AFC Wimbledon) – Six-figure fee.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Lewis Dobbin | Aston Villa | 23 June 2024 | £10,000,000 |
| Ben Godfrey | Atalanta | 28 June 2024 | £10,000,000 |
| Dele Alli | Released | 1 July 2024 | |
| Jack Barrett | Released | 1 July 2024 | |
| Andre Gomes | Released | 1 July 2024 | |
| Dylan Graham | Released | 1 July 2024 | |
| Mackenzie Hunt | Released | 1 July 2024 | |
| Sebastian Jensen | Released | 1 July 2024 | |
| Kyle John | Released | 1 July 2024 | |
| Ed Jones | Released | 1 July 2024 | |
| Daniel Maher | Released | 1 July 2024 | |
| Mathew Mallon | Released | 1 July 2024 | |
| Lewis Warrington | Released | 1 July 2024 | |
| Andy Lonergan | Wigan Athletic | 1 July 2024 | Free |
| Katia Kouyate | Barrow | 1 July 2024 | Free |
| Sean McAllister | Released | 1 July 2024 | |
| Amadou Onana | Aston Villa | 22 July 2024 | £50,000,000 (+£5,000,000 add-ons) |
| Tyler Onyango | Stockport County | 9 August 2024 | Season-long loan [recalled] |
| Harry Tyrer | Blackpool | 27 August 2024 | Loan to end of the season |
| Elijah Campbell | Ross County | 29 August 2024 | Loan to end of the season |
| Neal Maupay | Marseille | 30 August 2024 | Loan to end of the season |
| Jenson Metcalfe | Chesterfield | 30 August 2024 | Loan to end of the season |
| Halid Djankpata | Spezia | 30 August 2024 | Undisclosed |
| Billy Crellin | Accrington Stanley | 30 August 2024 | Loan to end of the season |
| Francis Gomez | Lyon | 30 August 2024 | Loan to end of the season |
| Francis Okoronkwo | Salford City | 30 August 2024 | Loan to end of the season |
| Mason Holgate | West Bromwich Albion | 30 August 2024 | Loan to end of the season |
| Reece Welch | Deinze | 6 September 2024 | Loan to end of the season [recalled] |
| Charlie Whitaker | Notts County | 13 January 2025 | Free |
| Stanley Mills | Oxford United | 31 January 2025 | Undisclosed |
| Harrison Armstrong | Derby County | 3 February 2025 | Loan to end of the season |
| Bradley Moonan | Prescot Cables | 3 February 2025 | Loan to end of the season |
| Total (initial fees only): | £70,000,000 | ||
- Dele Alli (Released) – Remained at Everton as part of his rehabilitation. Eventually joined Como on 19th January 2025.
- Jack Barrett (Released) – Eventually joined Blackburn Rovers on 16th July 2024.
- Andre Gomes (Released) – Eventually joined Lille on 6th September 2024.
- Dylan Graham (Released) – Eventually joined Larne on 3rd July 2024.
- Mackenzie Hunt (Released) – Eventually joined Fleetwood Town on 4th July 2024.
- Sebastian Jensen (Released) – Eventually joined Brighton & Hove Albion on 7th January 2025.
- Kyle John (Released) – Eventually joined Port Vale on 9th August 2024.
- Daniel Maher (Released) – Eventually joined Colne in October 2024.
- Mathew Mallon (Released) – Eventually joined Nantwich Town in October 2024.
- Lewis Warrington (Released) – Eventually joined Leyton Orient on 16th July 2024.
- Andy Lonergan (Wigan Athletic) – Deal agreed on 5th June 2024.
- Katia Kouyate (Barrow) – Deal agreed on 21st June 2024.
- Sean McAllister (Released) – Remained training at Everton while in rehabilitation from injury. Eventually joined Marine on 25th February 2025.
- Tyler Onyango (Stockport County) – Everton recalled Tyler Onyango on 8th January 2024 after he sustained a hamstring injury.
- Reece Welch (Deinze) – Recalled in December 2024 following Deinze's bankruptcy and dissolution.
| Income | £70,000,000 |
| Expenditure | £41,000,000 |
| Net Spend | -£29,000,000 |