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The winter window is now closed and Barcelona, Arsenal, Liverpool and Man City are among those who have spent big. While a few clubs have gone ahead and splashed the money to rescue a dismal situation, there are those who have spent to consolidate their position in their respective leagues.
Alexis Sanchez, Virgil van Dijk, Pierre-Emerick Aubameyang and Theo Walcott are the players who made headlines as they made the move in and around England. Phillippe Coutinho also made a few headlines after he made a massive money move to Barcelona at the beginning of the window.
These transfers across Europe has certainly made this perhaps the most lively window in the history of Winter transfer seasons.
So, we are here with a list of 10 most expensive transfer of this January.
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10. Guido Carrillo: Monaco to Southampton, £19.1 m
The 26-year-old Argentine frontman has agreed on a three-and-a-half year deal at St Mary's until 2021 and has expressed his delight at reuniting with Saints boss Mauricio Pellegrino with the latter making an attempt to add some firepower to his misfiring front-line.
He was a Ligue 1 title winner alongside Kylian Mbappe and Radamel Falcao at Monaco. Carrillo has made 22 appearances this season but just two of them have been starts in Ligue 1. He scored 20 goals in over 50 appearances for Monaco since signing from Estudiantes in 2015.
9. Theo Walcott: Arsenal to Everton, £20m
Theo Walcott has been in brilliant form since he joined Everton in a cut-price of £20m, on January 17th. The move ends Walcott's 12-year journey at Arsenal, for whom he scored 108 goals in 397 appearances.
The winger scored the first two goals of his Blues career in the first half against Leicester City at Goodison Park. As a result, Sam Allardyce's side claimed all three points with a 2-1 win.
Walcott will be eager to do well against his former club when Arsenal host Everton in Week 26 of the 2017-18 Premier League season. He will also be expected to help 'Big Sam' ensure that the Toffees have a good outing in the latter part of the season.
8. Lucas Moura: Paris Saint-Germain to Tottenham, £25m
Tottenham completed the £25m signing of winger Lucas Moura from Paris Saint-Germain on a five-and-a-half-year deal on the deadline day. Having been linked with several Premier League sides, the Brazil international winger is now set to call Wembley Stadium home.
Lucas made more than 150 appearances for PSG since joining in January 2013, winning four Ligue 1 titles and three Coupe de France trophies. He was a big part of Laurent Blanc's successful PSG side, and last season under Unai Emery he scored 19 goals and set up 11, including a run of seven goals in 12 matches.
He has not featured in this season's Champions League for PSG and is therefore available for Spurs in the knockout stage. It is quite clear that Spurs will be adding quality to their ranks in the form of this winger.
7. Cenk Tosun: Besiktas to Everton, £27m
Sam Allardyce had seemingly identified the need to bring a goalscorer into his side upon witnessing his team's performance this season. The Everton boss eventually bridged the gap by completing the signing of Turkey striker Cenk Tosun from Besiktas at a price of £27m for a four-and-a-half-year deal.
Tosun has scored 41 goals in 96 Turkish Super Lig games since the start of the 2014-15 season.Tosun has also scored eight goals for Turkey in 25 appearances.
According to Tosun, Sam Allardyce's was a key in his decision to move to Everton and will be hoping to help his side cement a top 10 place by the close of this season.
6. Inigo Martinez: Real Sociedad to Athletic Bilbao, £28m
Athletic Bilbao have signed Inigo Martinez from Basque rivals Real Sociedad after meeting his £28 million release clause. Real Sociedad fans were really disappointed by Martinez's transfer to bitter rivals Athletic Bilbao.
Athletic are 12th in La Liga, while Real are just six points above the relegation zone in 15th. The second Basque derby of the season will take place on April 29 at Anoeta, with Martinez likely to receive a mixed reception from the spectators.
5. Cedric Bakambu: Villarreal to Beijing Guoan, £35.3m
The France-born Congo international may not be a household name, but he is now one of the most expensive players on the planet after signing a contract with Beijing Guoan of the Chinese Super League.
The striker was linked with moves to Newcastle, Tottenham, West Brom and West Ham. But he has turned down those options to make a bumper contract in China's capital city.
Bakambu scored 48 goals in just 105 games for the Yellow Submarine after arriving from Bursaspor in 2015. He scored 14 goals in 21 games across all competitions for Villarreal this season.
4. Pierre-Emerick Aubameyang: Borussia Dortmund to Arsenal, £55m
Arsenal have signed Gabon striker Pierre-Emerick Aubameyang from Borussia Dortmund for a record price of £56m. Arsenal officials said the 28-year-old, the 2015 African Footballer of the Year, had joined on "a long-term contract". Aubameyang will wear the number 14 jersey at Arsenal.
The Gabon international comes as a key signing for Arsene Wenger, especially after the sale of Olivier Giroud to Chelsea and Alexis Sanchez to Manchester United.
Aubameyang scored 141 goals in 213 games for Dortmund, including 21 in 24 matches this season. Even though Aubameyang has not played in the Europa League this season, he cannot play for Arsenal in it because his former club, Dortmund is now in the same European competition.
3. Aymeric Laporte: Athletic Bilbao to Manchester City, £57.2m
The 23-year-old has signed a contract until 2023 after the Premier League leaders paid his £57.2m release clause to Athletic Bilbao. He is Pep Guardiola’s sixth signing of the 2017/18 season.
The Frenchman was named in La Liga’s 2013/14 Team of the Year. In the 2015/16 season, he helped Athletic Bilbao to Supercopa de Espana victory.
Laporte will be eligible to be included in City's Champions League squad.
2. Virgil van Dijk: Southampton to Liverpool, £75m
Liverpool paid £75million to bring the Holland international from Southampton before the window had even opened. Jurgen Klopp's side "had attempted to sign the center-back in the summer and finally managed to get the deal over the line in January".
Van Dijk's addition to Liverpool's squad was a much-needed move from Jurgen Klopp. Van Dijk is wearing the No.4 jersey for the Reds.
He remains to be the most highly-priced defender in the world after breaking the previous record set by Chelsea defender David Luiz.
1. Philippe Coutinho: Liverpool to Barcelona, £106m
According to Barcelona, the Brazilian signed a five-and-a-half-year contract, with a buyout clause of £354.6m. Coutinho emerged as the most expensive transfer of this winter.
Coutinho, who joined Liverpool for £8.5m from Inter Milan in 2013, made 20 appearances in all competitions for Liverpool this season and scored 12 goals. He was also a part of the Brazil team that won the Under-20 World Cup in 2011.
After impressing in a cameo as a substitute in against Espanyol, Coutinho produced statistically his worst display of the season against Alaves. But according to football pundits, he will improve at Camp Nou with time.
