Flashback: Top 3 Winter Transfer Signings Made By Arsenal Including Controversial Striker

Federation Internationale de Football Association announces that next season's Premier League transfer window will open on June 9, with clubs only allowed to sign players until the start of the campaign.

England's Premier League clubs have spent more money than ever in a January transfer window, with initial estimates suggesting they had reached the £450 million ($639 million, 514 million euros) mark come deadline day. The next-highest spending league was La Liga, with total transfer expenditure of around £250 million (€285 million).

But net spend, the amount spent after the income from player sales is deducted, was the equivalent of around 3% of a club's total revenue across the Premier League.

Bournemouth were the only club not to spend a penny on additions this month, with the other 19 spending a combined £430m - nearly double the previous record of £225m.

7 - shirt worn by both Alexis Sanchez and Henrikh Mkhitaryan after their swap deal between Manchester United and Arsenal.

Right - take a deep breath - Arsenal signed Pierre Emerick Aubameyang from Dortmund, Dortmund signed Michy Batshuayi (on loan) from Chelsea, and then Chelsea signed Olivier Giroud. REUTERS' Shrivathsa Sridhar reported the January window also saw the total expenditure by the Big Six - Man City, ManU, Chelsea, Liverpool, Tottenham and Arsenal - come to £265M ($378M), representing 62% of total gross spending.

Spending records in transfer windows appear to be getting broken all the time and this season has proved no different.

Dan Jones, partner in the Sports Business Group at Deloitte, commented: "Premier League clubs have taken the opportunity to refresh their squads in January before the decisive phase of the season".

"International trade has flourished, with the highest ever January gross overseas outlay in Premier League history at £260m and the highest amount of January receipts from abroad at £185m, with names such as Coutinho and Costa leaving the United Kingdom and Laporte and Aubameyang arriving from abroad".

"This is in line with the average over the 15 years since the first transfer window in January 2003, as clubs' increase investment in players in proportion to the overall growth of the football business".

  • Stacy Allen