Manchester City and Manchester United have been at the forefront of spending this summer transfer window.
Having coasted to a third Premier League title in four seasons – in addition to winning another Carabao Cup – City underlined their quest for elusive European honours with a record-breaking £100million deal to sign playmaker Jack Grealish from Aston Villa.
A follow-up pursuit for England captain Harry Kane remains on the cards, too, despite stumbling blocks there.
Further high-profile names have been linked with both clubs throughout the summer window.
Here, we take a closer look at deadline day in the Premier League and beyond – with seven days left for European clubs to do business;
When is transfer deadline day?
A quick turnaround caused by the Covid-19 pandemic and Euro 2020 means the summer transfer window has felt rather pushed ahead of the 2021/2022 season.
Despite that, though, a number of high-profile deals have already been completed in the Premier League.
Spending has not merely been restricted to Manchester, either, as Arsenal signed Ben White for £50million before Chelsea splashed out £97.5million on Belgium striker Romelu Lukaku from Inter Milan.
Clubs across the English top-flight – and beyond – have until Tuesday, August 31 to shape and fine-tune their squad.
What time does the window close?
As has become customary over these last few seasons, the summer window will slam shut at 11pm on that date.
Of course, deals might go through and be rubber-stamped beyond that cut-off and into the night, but only on the proviso that necessary paperwork is submitted to the Premier League in time.
What about other European countries?
While it has not always been the case in past campaigns, the summer transfer window is set to close on the same day across Europe.
That means the big hitters in France, Germany, Italy and Spain have a further seven days to do business.
For all intents and purposes, there has been a level playing field in that regard this summer – even if the exact time the window slams shut might vary.
Indeed, in the midst of an 11pm cut-off for teams in England and Spain, the Bundesliga deadline is at 5pm and clubs over in France have until a rather precise 11.59pm.