Arsenal, QPR, Fulham, Manchester United, Liverpool are among the clubs who could be bringing in more players over the next 12 months.
So the transfer window is closed, and locked until January. But that hasn't stopped some of the papers at home and abroad speculating that deals are still in the pipeline, for January and even for next season.
Some have been downright ridiculous - Neymar to Manchester United anyone? - but others are really intriguing, and are worth bearing in mind as the season progresses and for when the transfer window re-opens.
Forget the never-ending Walcott and Llorente talk, here is our pick of the top five from the past week...
1) Victor Fischer from Ajax to Manchester United
'He can be as good as Messi or Ronaldo' - The words of Denmark's under-19 coach Thomas Frank. Fischer hit the headlines when he scored a hattrick for Ajax's NextGen Series side against Molde, following on from his hat-trick in last year's semi-final against Liverpool. The 18-year-old attacker is displaying the type of form which is demanding the scouts of Europe's big guns take notice, and it has been reported that Manchester United are to 'step up their interest' in the player. They would be advised to snap him up as quickly as possible, as his price tag is expected to rocket over the next 12-18 months, and United certainly will not be the only ones interested.
2) Brede Hangeland from Fulham to Arsenal
Now this is a bit of a shock one, but the Metro are reporting that Arsenal are monitoring Hangeland's contract situation at Fulham and could seek to snap up the defender. It is still considered the Gunners are one short of a solid four quality central defenders, with Vermaelen, Mertesacker and Koscielny making three, but Djourou and Squillaci failing to convince. Hangeland has a contract which expires next summer, and is yet to agree a new deal. Could he follow Clint Dempsey and push for a move to one last challenge at a bigger club? At 31 he still has plenty of football left in him, and would need no adaptation period, as a Premier League regular since 2008, and on a free or at a knockdown price he could appeal to Arsene Wenger.
3) James McCarthy from Wigan to Manchester United
21-year-old Irish midfielder McCarthy has been at the club since 2009 and is not far short of making 100 appearances for the club. He may not be the finished article just yet but his performances are said to have attracted Manchester United to monitor his progress. Wigan are famed for selling off their promising stars when the time is right, with Victor Moses the latest example, and McCarthy will know Tom Cleverley from his time on loan with the Latics. Chelsea have also been linked, but it is suggested even so that United would hold off on any potential move until next summer, dependent on the player's progress this season.
4) Ander Herrera from Athletic Bilbao to Liverpool
While a certain Athletic Bilbao striker called Fernando Llorente has been creating a lot of headlines, it is his teammate Ander Herrera who created a lot of buzz last week when he was linked with Liverpool as a potential replacement for Steven Gerrard. Fans will also be enthused to know the midfielder has been compared to former star Xabi Alonso, and having just turned 23 has his best years ahead of him. It is unclear whether the Reds are looking at him for this January or next summer, but it may make more sense for the latter, once Nuri Sahin's loan has expired. Herrera would be expected to cost in the region of £16 million, and for more on why it would be an excellent deal, click here.
5) John Guidetti from Manchester City to QPR
This was supposed to be a big season for John Guidetti, when he attempted to break into the Manchester City first team, but injury has stopped that happening. He would have needed a promising Euro 2012 with Sweden to build on his successful loan with Ajax, but a thigh injury prevented him from playing there too. Still recovering, the youngster is expected to be fit soon, but a January loan is looking like his best bet of first team football, with Balotelli, Aguero, Tevez and Dzeko heading the queue at City. He could consolidate by proving himself in the Premier League still, and Mark Hughes is said to be targeting bringing him on loan to QPR as a replacement for the injured Andy Johnson. This is one to watch.
Which of the five would be the best deal, and which would be the most likely to happen?
image: © Magnus D