PREMIER LEAGUE clubs have finally smashed through the £1billion spending barrier this summer – and the figure could soar even higher ahead of Wednesday's deadline.
No less than 11 teams have splashed the cash on club-record signings, with Manchester United forking out an unprecedented £89m fee for Juventus midfielder Paul Pogba as rivals Manchester City captured John Stones for £47.5m.
Arsenal completing the deal for centre-back Shkodran Mustafi pushed the spending officially past £1BILLION.
Crystal Palace made a sensational £32m move for Liverpool flop Christian Benteke after receiving £30m from Everton for Yannick Bolasie, while West Ham have proven to be no slouches with a £20m deal for Swansea forward Andre Ayew.
But fax machines are still ringing and medics are at the ready as the transfer window enters its final stages.
Title hopefuls Arsenal have already confirmed a surprise £17m deal for Spanish ace Lucas Perez, and Gunners fans can expect the spending to continue as a move for Valencia centre-back Shkodran Mustafi grows closer.
Arsene Wenger is also reportedly lining up an £11m move for attacking midfielder Miguel Almiron to make it a hat-trick of late signings, but London rivals Chelsea are also looking to conclude deals too.
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