The combined outlay of the 20 top-flight clubs was £100m - the lowest January spend in a non-Covid season since £60m in 2011-12 - and vastly lower than last year's spend of £843m, according to financial services firm Deloitte.
Despite the relatively modest January spend the 2023-24 season still has the second-highest transfer spend ever, with £2.5bn splashed out in total over both transfer windows - driven by clubs' record-breaking expenditure in the summer.
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