The arrivals of Luis Diaz, Bruno Guimaraes and Rodrigo Bentancur within the previous few days of the month lifted the league's gross spending to £295 million according to figures from finance employer Deloitte.
January 2018's determine of £430 million remains the document but this 12 months's outlay is extra than four times higher than remaining year's determine of £70 million, whilst the coronavirus crisis hit budgets.
The golf equipment' net expenditure -. Player purchases less player income - of £a hundred and eighty million is the very best because the January switch window changed into brought in 2003.
The five golf equipment currently at the bottom of the Premier League spent round £a hundred and fifty million, more than 50 percentage of the total.
Among the big actions, Liverpool signed Porto's Colombia winger Diaz for a reported initial rate of £37.Five million even as Newcastle paid an preliminary £35 million for Lyon's Brazilian midfielder Guimaraes.
Newly wealthy Newcastle also paid Burnley £25 million for New Zealand global striker Chris Wood and signed England defender Kieran Trippier for £12 million from Atletico Madrid.
Dan Jones, head of Deloitte's sports enterprise institution, said: "This transfer window indicates that the financial pressures of Covid on Premier League clubs are easing, with spending firmly lower back to pre-pandemic stages and remarkably most of the highest we've ever seen in January.
"The Premier League keeps to lead the way globally, preserving its reputation as the arena's biggest domestic football league in financial phrases, all over again supported through full stadia and securing strong distant places broadcast offers.
"Other huge European leagues also are edging lower back to higher spending, however it's far Premier League clubs that have notched up the largest total spend in this transfer window, spending nearly £one hundred fifty million greater than Serie A clubs, the nearest competitor."
