Premier League clubs have wasted no time splashing the cash as they prepare for what looks set to be another hectic campaign.
The usual suspects Arsenal, Manchester City and Chelsea have already made their mark, but it is Tottenham who have spent the most so far.
Spurs have spent £121million on four new players as they look to give new boss Ange Postecoglou a team capable of finishing back in the top seven.
James Maddison was brought in from Leicester for £40m, while goalkeeper Guglielmo Viacario has been signed for £17m from Italian side Empoli.
Meanwhile, the north Londoners have turned Pedro Porro [£34m] and Dejan Kulusevski’s [£30m] loan agreements from Sporting Lisbon and Juventus for permanent stays.
Liverpool follow after Tottenham spent £95m on two players – Dominik Szoboszlai for £60m from RB Leipzig and Alexis MacAllister for the first £35m from Brighton.
That’s despite boss Jurgen Klopp suggesting funds were tight earlier this year after the Reds missed out on Jude Bellingham to Real Madrid.
Chelsea, who finished 12th last season, have made it their mission to sell players to raise money for a huge splash later this month and in August.
But they have still spent £85m after signing Christopher Nkunku from RB Leizpig in a £53m deal, while splashing £32m on striker Nicolas Jackson from Villarreal.
Arsenal then sit in fourth place after paying Chelsea an initial £60m for versatile German Kai Havertz.
Mikel Arteta’s side are set to be the Premier League’s biggest spenders this summer as they close in on a club-record £105m move for West Ham captain Declan Rice.
And the Gunners are also expected to announce the arrival of £40m. defender Jurrien Timber from Ajax in the near future.
Newcastle – back in the Champions League for the first time since 2003 – have spent close to £60m on two players.
Midfielder Sandro Tonali has joined from AC Milan for £52m, while young winger Yankuba Minteh, now on loan at Feyenoord, was signed for a fee of around £5.8m from Odense Boldklub.
Brentford missed out on a European place last season but they are trying to build a squad capable of breaking in after breaking their club record transfer fee twice.
The Bees recently announced the arrival of defender Nathan Collins from Wolves for £23m, while turning Kevin Schade’s loan from Freiburg into a permanent deal for £22m.
And they have also signed goalkeeper Mark Flekken from Freiburg for around £11m, with David Raya facing an uncertain future.
Brighton have also been active in the market as they prepare for Europa League football for the first time in their history.
Premier League clubs’ spending so far
- Tottenham – £121 million
- Liverpool – £95 million
- Chelsea – £85 million
- Arsenal – £60 million
- Newcastle – £57.8m
- Brentford – £56m
- Brighton – £46.3m
- Man City – £30m
- Bournemouth – £29.5m
- Burnley – £20m
- Nottingham Forest – £15m
- Wolves – £9.5m
- Luton – £3 million
The Seagulls have signed Brazilian striker Joao Pedro from Watford for a club-record £30m, while they also signed shot-stopper Bart Verbruggen for £16.3m from Anderlecht.
That’s in addition to the free transfers of James Milner and Mahmoud Dahoud.
Treble winners Manchester City have made just one signing so far – midfielder Mateo Kovacic in a £25m deal rising to £30m from Chelsea.
Although they will be right up there with Arsenal in September as they look set to sign defender Josko Gvardiol from Leizpig for £86m.
And Pep Guardiola remains determined to strengthen his midfield following Ilkay Gundogan’s departure to Barcelona, with the club seemingly missing out on Arsenal in the race to sign Rice.
Bournemouth, with new manager Andoni Iraola, have made two signings, bringing in Hamed Junior Traore and Justin Kluivert for £29.5m. to strengthen their attack.
Last season’s Championship winners Burnley have made a promising start to the window – spending £13m on Jordan Beyer following his impressive loan move from Borussia Monchengladbach.
Goalkeeper Lawrence Vigouroux has also joined on a free transfer, with the former Leyton Orient man potentially able to play back-up to James Trafford after the Clarets made a £19m bid. accepted by City for the England U21 international.
Vincent Kompany’s side have also paid West Brom £7million for the services of Ireland defender Dara O’Shea.
As for Nottingham Forest, their only signing so far has been to turn Chris Wood’s loan from Newcastle into a permanent £15m transfer.
It’s the same story for Wolves, whose only deal this window triggers Boubacar Traore’s £9.5m buyout clause after he joined on loan last year from Metz.
Premier League newcomers Luton have signed centre-back Mads Andersen from Barnsley for an undisclosed fee believed to be £3m, while also signing Chiedozie Ogbene after his Rotherham contract expired.
And as it stands, Manchester United, West Ham, Everton, Fulham, Sheffield United, Aston Villa and Crystal Palace are yet to spend money.
Although the Villans have signed Youri Tielemans on a free transfer, while they are also set to announce the £35m signing of defender Pau Torres from Villarreal.
Meanwhile, Roy Hodgson’s Eagles have signed Jefferson Lerma on a free after he ran out of contract at Bournemouth.
There are also many more deals to be completed and you can follow all the latest news every day with talkSPORT’s transfer news blog.