Arsenal finally loosened the purse strings this summer, to spend big, but how did their spending compare to their rivals?
For much of the summer, fans and pundits alike wondered whether the financial boasts of Arsenal chief executive Ivan Gazidis was all bluster.
Such doubts were dramatically erased with one hour of the transfer deadline remaining, when Mesut Ozil was officially signed from Real Madrid for £42.4 million.
You can see how their summer spending, accounting for players bought and sold, compares to the rest of the Premier League in the table below...
Summer 2013 Net Spend
The table above is a dream Premier League finish for Gooners, with them at the top and bitter rivals Tottenham Hotspur in 20th.
Spurs' sale of Gareth Bale meant that despite the sheer quantity of players the club bought in, they still ended the summer in profit.
It's the sort of summer Arsenal have previously known, with previous years' sales of star players like Robin van Persie, Samir Nasri et al ensuring it was the Gunners who have ended up in profit.
The table above confirms Arsenal's transformation into a big spending power, and it is likely to continue giving them a huge advantage on their rivals on the pitch, who are entering a period where finances could be reined in due to their own forthcoming new stadium build.
Arsenal were still able to bring in £10 million via the sales of Vito Mannone and Gervinho, while a dozen other players were moved on free transfers, also freeing money on the wage bill, which itself is not reflected in the table above.
Unlike clubs which are positioned above them in the Net Spend table, Chelsea and Manchester City, Arsenal are currently bringing out maximum value from their summer business, and that is testament to the managerial skills of Arsene Wenger.
Their big spending has certainly increased the pressure to win trophies and push on with a title challenge, but so far, so good.
image: © Ronnie Macdonald