English teams were the number one spenders in the transfer market, paying out $1.88 billion overall, and also received the most for outgoing transfers, pocketing $1.34 billion.
Kepa Arrizabalaga kicked off an expected exodus of out-of-favour Chelsea players in the final 48 hours of the transfer window by joining Bournemouth on a season-long loan on Thursday.
Juventus have signed Netherlands midfielder Teun Koopmeiners from Atalanta in a deal worth up to 60.7 million euros ($67.5 million), the Serie A giants confirmed on Wednesday.
England forward Cole Palmer has signed a two-year contract extension with Chelsea, the Premier League club announced Tuesday.
The 24-year-old Argentina international's exit marks a record sale price for City, eclipsing the 50 million pounds Chelsea paid for winger Raheem Sterling in 2022.
Clubs worldwide spent a record $9.63 billion on international transfers in 2023, an increase of nearly 50% compared to 2022, world soccer's governing body FIFA said in its Global Transfer Report published on Tuesday.
Arsenal's search for a proven goalscorer to spearhead their challenge for a first Premier League title since 2004 could also loom large.
Premier League side Chelsea completed the signing of Argentina midfielder Enzo Fernandez from Benfica for a British record 106.8 million pounds ($131.46 million) on Wednesday after a day of complex negotiations between the clubs.
Moises Caicedo has pleaded with Brighton to accept a club record transfer fee amid interest from Arsenal in the midfielder.
Records continued to fall as the deadline for European football transfers (2200GMT) drew closer on Wednesday and new managers at some of the biggest clubs refined their squads with Chelsea set to re-sign Brazilian defender David Luiz.
When Brendan Rogers arrives at Old Trafford on Saturday, he will experience the defining game as the Liverpool manager this season.
Manchester United target Sergio Ramos has agreed to sign a new five-year contract with Real Madrid.