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2016-17 ARRIVALS
| Player | Pos. | Age | Nat. | From | Fee |
| John Stones | CB | 22 |  | Everton | £47.5m |
| Leroy Sané | AM | 20 |  | Schalke 04 | £37m |
| Gabriel Jesus | FW | 19 |  | Palmeiras | £27m |
| İlkay Gündoğan | CM | 25 | | Borussia Dortmund | £20.1m |
| Nolito | AM | 29 |  | Celta Vigo | £13.8m |
| Claudio Bravo | GK | 33 |  | Barcelona | £13.5m |
| Marlos Moreno | AM | 19 |  | Atlético Nacional | £4.75m |
| Gerónimo Rulli | GK | 24 |  | Deportivo Maldonado | £4m |
| Oleksandr Zinchenko | AM | 19 |  | FC Ufa | £1.7m |
| Yangel Herrera | CM | 19 |  | Atlético Venezuela | £1.7m |
| Rabbi Matondo | FW | 16 |  | Cardiff | £500k |
| Nabil Touaizi | FW | 15 | | Valencia | £257k |
| Finley Burns | CB | 13 | | Southend United | £175k |
| Aaron Mooy | CM | 25 |  | Melbourne City | Undisc. |
| Pablo Marí | CB | 22 | | Gimnàstic de Tarragona | Undisc. |
| Benjamin Garré | AM | 16 | | Velez Sarsfield | Undisc. |
| Lorenzo Gonzalez | FW | 16 |  | Servette | Undisc. |
| Ian Carlo Poveda | AM | 16 | | Brentford | Undisc. |
| Pawel Sokol | GK | 16 |  | Korona Kielce | Undisc. |
| Louie Moulden | GK | 15 | | Liverpool | Undisc. |
2016-17 DEPARTURES
| Player | Pos. | Age | Nat. | To | Fee |
| Stevan Jovetić | FW | 27 |  | Inter | £12.2m |
| Gerónimo Rulli | GK | 24 | | Real Sociedad | £5.8m |
| Seko Fofana | CM | 21 |  | Udinese | £2.5m |
| Florian Lejeune | CB | 25 | | SD Eibar | £1.2m |
| Tyrese Campbell | FW | 16 | | Stoke City | £750k |
| Bismark Adjei-Boateng | CM | 22 |  | Colorado Rapids | £575k |
| George Glendon | CM | 21 | | Fleetwood Town | Undisc. |
| Ian Lawlor | GK | 22 |  | Doncaster Rovers | Undisc. |
| Jack Byrne | CM | 20 | | Wigan Athletic | Undisc. |
| Joe Hardy | FW | 18 | | Brentford | Undisc. |
| Mathias Bossaerts | CB | 19 |  | KV Oostende | Free |
| Martín Demichelis | CB | 35 | | Unattached | Free |
| Richard Wright | GK | 38 | | Unattached | Free |
| Charlie Albinson | GK | 19 | | Unattached | Free |
| Nathaniel Oseni | CB | 19 | | Unattached | Free |
| Myles Beerman | LB | 17 |  | Rangers FC | Free |
| Wilfried Bony | FW | 27 |  | Stoke City | Loan (£2m) |
| Joe Hart | GK | 29 | | Torino | Loan |
| Samir Nasri | AM | 29 | | Sevilla | Loan |
| Eliaquim Mangala | CB | 25 | | Valencia CF | Loan |
| Jason Denayer | CB | 21 | | Sunderland | Loan |
| Marlos Moreno | AM | 19 | | Deportivo de La Coruña | Loan |
| Bruno Zuculini | CM | 23 | | Rayo Vallecano | Loan |
| Bruno Zuculini | CM | 23 | | Hellas Verona | Loan |
| Oleksandr Zinchenko | AM | 19 | | PSV Eindhoven | Loan |
| Aaron Mooy | CM | 25 | | Huddersfield Town | Loan |
| Rubén Sobrino | FW | 24 | | Alavés | Loan |
| Enes Ünal | FW | 19 |  | FC Twente | Loan |
| Bersant Celina | AM | 19 |  | FC Twente | Loan |
| Angeliño | LB | 19 | | Girona FC | Loan |
| Angeliño | LB | 20 | | RCD Mallorca | Loan |
| Pablo Maffeo | RB | 19 | | Girona FC | Loan |
| Pablo Marí | CB | 22 | | Girona FC | Loan |
| Shay Facey | CB | 21 | | sc Heerenveen | Loan |
| Jack Byrne | CM | 20 | | Blackburn | Loan |
| Kean Bryan | CB | 19 | | Bury | Loan |
| George Glendon | CM | 21 | | Fleetwood Town | Loan |
| Sinan Bytyqi | AM | 21 | | Go Ahead Eagles | Loan |
| Luke Brattan | CM | 26 | | Melbourne City | Loan |
| Anthony Cáceres | CM | 23 | | Melbourne City | Loan |
| Ashley Smith-Brown | LB | 20 | | NAC Breda | Loan |
| Brandon Barker | AM | 19 | | NAC Breda | Loan |
| Manu García | AM | 18 | | Alavés | Loan |
| Manu García | AM | 19 | | NAC Breda | Loan |
| James Horsfield | RB | 21 | | NAC Breda | Loan |
| Thomas Agyepong | AM | 19 | | NAC Breda | Loan |
| David Faupala | FW | 19 | | NAC Breda | Loan |
| David Faupala | FW | 19 | | Chesterfield | Loan |
| Billy O'Brien | GK | 21 | | St. Mirren | Loan |
| Chidibere Nwakali | CM | 20 |  | Sogndal Fotball | Loan |
| Zackarias Faour | FW | 18 |  | FC Midtjylland | Loan |
| Zackarias Faour | FW | 19 | | FC Nordsjælland | Loan |
| Divine Naah | AM | 20 | | FC Nordsjælland | Loan |
| Yaw Yeboah | AM | 19 | | FC Twente | Loan |
| Callum Bullock | RB | 18 | | Crewe Alexandra U23s | Loan |
| Ernest Agyiri | CM | 18 | | Vålerenga Fotball | Loan |
