Soccer clubs in the English Premier League splashed out a record £630 million ($980 million) in the summer transfer window as major signings were made in the final hours, according to Deloitte.
A select round-up of transfer news relating to Arsenal, featuring Mesut Ozil, Julian Draxler and Demba Ba.
Arsène Wenger has gained a player with the re-signing of the former Arsenal midfielder Mathieu Flamini on a three-year contract but he lost another when it emerged that Lukas Podolski would be out for between eight and 10 weeks with a severe hamstring tear.
Liverpool have made a surprise move for the veteran goalkeeper Shay Given as Brendan Rodgers seeks experienced cover for Simon Mignolet.
The Real Madrid vice-president, Fernando Fernández-Tapias, has said that he expected Gareth Bale to have joined the club by now and has accused Tottenham of dragging their feet over the deal.
Manchester City hope to complete the €4.
Roberto Martínez has denied Leighton Baines has asked to be allowed to leave Everton and join Manchester United.
Home sweet home.
José Mourinho believes Wayne Rooney's desire to leave Manchester United is David Moyes's fault for suggesting the striker would be a second-choice player this season.
Brendan Rodgers has said Liverpool are prepared for a Real Madrid bid for Luis Suárez but has reiterated John W Henry's claim that the striker will not be sold.
Tottenham Hotspur continue to explore the possibility of signing David Villa from Barcelona to lead their forward line, with further talks expected to take place between the club's new technical director, Franco Baldini, and the Spain international's representatives following the conclusion of the Confederations Cup.
The transfer window continues to be a farce. When the window opens on July 1, what will actually change, and what difference will it make?
Spartak Moscow, Anzhi Makhachkala, Rubin Kazan and CSKA Moscow have all been busy but who made the best signing of the window?