Premier League clubs spent a total of £1.26 billion on transfers in the summer.
The record fee for a goalkeeper was broken twice, while Manchester City winger Riyad Mahrez was the most expensive outfield signing at £60 million.
Here, talkSPORT has ranked the ten most expensive signings from worst to best.
10. Fred (Shakhtar Donetsk to Manchester United) - £52m
A lot was expected of the Brazilian midfielder when he joined Manchester United in June, but he has endured a difficult time in England so far. He finds himself behind Paul Pogba, Marouane Fellaini, Nemanja Matic and Ander Herrera in the midfield pecking order following a series of average performances.
Club legend Gary Neville even questioned Fred's hefty price tag. "Does he change a game? Does it look like he's going to defend your goal? Does it look like he's going to connect back-to-front? At this moment in time, no," he said.
Fred has struggled for form since arriving in the summer
Manchester City were also said to be chasing his signature, so there must be something about him, it's just that United fans are still waiting to see it.