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2012-13 ARRIVALS
| Player | Pos. | Age | Nat. | From | Fee |
| Javi García | CM | 25 |  | Benfica | £16m |
| Jack Rodwell | CM | 21 |  | Everton | £12m |
| Matija Nastasić | CB | 19 |  | Fiorentina | £12m |
| Scott Sinclair | AM | 23 | | Swansea | £6.2m |
| Maicon | RB | 31 |  | Inter | £3m |
| Richard Wright | GK | 34 | | Preston North End | Free |
| Seko Fofana | CM | 17 |  | FC Lorient | Undisc. |
2012-13 DEPARTURES
| Player | Pos. | Age | Nat. | To | Fee |
| Mario Balotelli | FW | 22 |  | AC Milan | £17m |
| Adam Johnson | AM | 25 | | Sunderland | £10m |
| Emmanuel Adebayor | FW | 28 |  | Tottenham | £5m |
| Nigel de Jong | CM | 27 |  | AC Milan | £3.5m |
| Vladimír Weiss | AM | 22 |  | Pescara | £1.32m |
| Joan Ángel Román | AM | 19 | | FC Barcelona B | £700k |
| Greg Cunningham | LB | 21 |  | Bristol City | Undisc. |
| Stefan Savić | CB | 21 |  | Fiorentina | Free |
| Stuart Taylor | GK | 31 | | Reading | Free |
| Gunnar Nielsen | GK | 26 |  | Unattached | Free |
| Ahmad Benali | CM | 20 |  | Brescia | Free |
| Gai Assulin | AM | 20 |  | Racing Santander | Free |
| Andrea Mancini | AM | 19 | | Real Valladolid B | Free |
| Courtney Meppen-Walter | CB | 18 | | Unattached | Free |
| Luke Coulson | RB | 18 | | Unattached | Free |
| Owen Hargreaves | CM | 31 | | Retired | Free |
| Michael Johnson | CM | 23 | | Retired | Free |
| Roque Santa Cruz | FW | 31 |  | Málaga CF | Loan |
| Wayne Bridge | LB | 31 | | Brighton | Loan |
| Dedryck Boyata | CB | 21 |  | FC Twente | Loan |
| Alex Nimely | FW | 21 | | Crystal Palace | Loan |
| Reece Wabara | RB | 20 | | Oldham Athletic | Loan |
| Reece Wabara | RB | 21 | | Blackpool | Loan |
| Jérémy Hélan | LB | 20 | | Shrewsbury Town | Loan |
| Jérémy Hélan | LB | 20 | | Sheffield Wednesday | Loan |
| Ryan McGivern | LB | 22 |  | Hibernian | Loan |
| Abdul Razak | CM | 19 |  | Charlton | Loan |
| Abdisalam Ibrahim | CM | 21 |  | Strømsgodset | Loan |
| Harry Bunn | AM | 19 | | Crewe Alexandra | Loan |
| Adam Drury | RB | 19 | | Burton Albion | Loan |
| Alex Henshall | AM | 19 | | Chesterfield | Loan |
| Emyr Huws | CM | 19 |  | Northampton Town | Loan |
| Karim Rekik | CB | 18 | | Blackburn | Loan |
| Eirik Johansen | GK | 20 | | Scunthorpe | Loan |
| Mohammed Abu | CM | 20 |  | Rayo Vallecano | Loan |
| Mohammed Abu | CM | 21 | | FC Lorient | Loan |
