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Premier League clubs spent 295 million pounds ($397 million) in the January transfer window - the most since 2018 - with the bottom five teams accounting for more than 50per cent of expenditure, Deloitte said in a report published on Tuesday.
The window has slammed shut on another January transfer window, with, once again, a number of teams leaving it late to get business done.
Transfer rumours: Barcelona in talks with Wolves' Traore
The January transfer window proved to be a busy one for both Merseyside clubs.
Pierre-Emerick Aubameyang has left Arsenal to join Barcelona on a free transfer, with the move to be announced later today, while Dele Alli is linking up with Frank Lampard at Everton.
The second busiest January transfer window in history is over.
Arsenal striker Pierre-Emerick Aubameyang appeared on the verge of joining Barcelona as the January transfer window headed into the final hours.
Liverpool - Donny van de Beek became Frank Lampard's first signing at Everton after the Dutch midfielder completed a loan move from Manchester United.