Premier League clubs last week voted in favour of introducing a model of Financial Fair Play, meaning scrutiny on their transfer activities should be more intense than ever.
Back in September we took a look at the Net Spend table for the 20 Premier League clubs, and now the January transfer window is over, we have re-calculated it.
It certainly makes for fascinating reading, and while Chelsea remain at the top, there have been some big movers, including Liverpool and QPR upwardly, and QPR downwards.
Here is the table...
1) Chelsea
No change. £79.5 million (Jan: bought Ba, Wallace - sold Sturridge)
2) Liverpool
Up four places. £40.8 million (Jan: bought Coutinho, Sturridge)
3) Manchester United
Down one place. £38.5 million (Jan: sold Brady, King)
* Wilfried Zaha transfer not included, as it will be processed and paid in July 2013 - (with Zaha, overall figure is £53.1 million)
4) QPR
Up four places. £37.6 million (Jan: bought Samba, Remy, Jenas, Suk Young Yun)
5) Southampton
Down one place. £32.5 million (Jan: bought Forren)
6) Aston Villa
Down one place. £23.7 million (Jan: bought Sylla)
7) Stoke City
Up two places. £22.6 million (Jan: Shea, Butland)
8) Sunderland
Up two places. £19.3 million (Jan: Graham, N'Diaye)
9) West Ham
Down two places. £18.5 million (Jan: No fees spent/received)
10) Manchester City
Down seven places. £14 million (Jan: Sold Balotelli)
11) Newcastle United
Up two places. £13.8 million (Jan: Bought Yanga-Mbiwa, Haidara, Debuchy, Sissoko, Mbabu, sold Ba)
12) Norwich City
Down two places. £9 million (Jan: No fees spent, Becchio-Morison swap deal)
13) Arsenal
Up two places. £8.6 million (Jan: Bought Monreal)
14) Reading
Down two places. £6.6 million (Jan: Bought Akpan, Kelly, Blackman)
15) West Brom
Down one place. £0 (Jan: sold Wood)
16) Tottenham Hotspur
Up two places. - £1.3 million (Jan: Bought Fryers, Holtby)
17) Everton
No change. - £1.5 million (Jan: Bought Stones)
18) Wigan Athletic
Down two places. - £1.9 million (Jan: No fees spent/received)
19) Fulham
Up one place. - £11 million (Jan: sold Kelly)
20) Swansea City
Down one place. - £11.45 million (Jan: sold Graham)
Source - Transferleague.co.uk
Which team's summer business looks the best in your opinion in context of the spending figures? Does Financial Fair Play need to be implemented sooner rather than later?
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Dan Coombs
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Dan Coombs is a writer who is keen to embrace the internet revolution. He first started writing for us in June 2011 and commenced his new role as Sports Editor in February 2012.
As a trained journalist he has met famous faces from Mr T to Boris Johnson. He once featured in an England World Cup music video too, but it did not make the charts.
He grew up wanting to be a Formula 1 driver, but it looks like this dream has passed him by. Instead, he hopes you enjoy reading his writing on our site, as we seek to debate the day's sporting hot topics.
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