It was a busy deadline day with Manchester United pulling off another stellar signing after Radamel Falcao joined the club on an initial loan deal.
Danny Welbeck, meanwhile, left the club in the eleventh hour and joined Arsenal for £16 million, and Alvaro Negredo joined Valencia on loan from Manchester City.
Overall, English clubs alone spent a record-breaking £842.750 million, of which Manchester United alone spent more than £150 million.
Barcelona were the second biggest spenders in Europe with over £120 million, while Liverpool came in third after an impressive £117 million.
Luis Suarez (£75 million) and James Rodriguez (£63 million) were the biggest transfers, just ahead of Angel Di Maria (£59.7 million) and David Luiz (£50 million), who became the world's most expensive defender.
Financial Fair Play seem to have had its impact as clubs like Manchester City and Paris Saint-Germain spent much less than in previous years and a couple of deals were going through as initial loan-deals rather than for exorbitant fees.
Here an overview of most of the transfers on deadline day:
Manchester United signed Monaco striker, Radamel Falcao, on a season-long loan with a purchase option.
Arsenal signed Danny Welbeck for an undisclosed fee, estimated to be around £16 million.
Southampton signed Belgium international, Toby Alderweireld, on loan from Atletico Madrid.
Hull City signed Hatem Ben Arfa from Newcastle on loan.
Manchester City striker, Alvaro Negredo, joined La Liga outfit Valencia on a season-long loan with a purchase option.
Leicester City signed Manchester United duo Tom Lawrence (four-year) and Nick Powell (loan).
Roma loan Newcastle defender Mapou Yanga-Mbiwa with a purchase option.
Hull City have completed the signing of Southampton midfielder, Gaston Ramirez, on a season-long loan.
Queens Park Rangers have confirmed the signing of Brazilian midfielder, Sandro, from Tottenham Hotspur on a three-year deal.
Manchester City defender, Micah Richards, has completed a season-long loan to Serie A side, Fiorentina.
Sunderland have completed the signing of Inter Milan midfielder, Ricardo Alvarez, on a season-long loan.
Manchester United have completed the signing of Ajax Amsterdam defender, Daley Blind, for a fee of £14 million.
Sunderland have confirmed the signing of Liverpool defender Sebastian Coates on a season-long loan.
Hull City signed Uruguay forward Abel Hernandez from Palermo on a three-year deal for around £10 million.
Burnley confirm season-long loan of Nathaniel Chalobah from Chelsea.
Javier Hernandez joined Real Madrid from Manchester United on a season-long loan deal, with a purchase option.
Marco Van Ginkel completed his season-long loan from Chelsea to AC Milan after passing his medical this morning.
Atletico Madrid completed a deal worth up to £15 million with Torino for Alessio Cerci.
West Ham reached an agreement with Barcelona to sign Alex Song on a season-long loan deal.
Shinji Kagawa re-joined Borussia Dortmund on a four-year deal from Manchester United for £6.3 million.
Loic Remy signed a four-year deal with Chelsea after the Blues activated his £10.5 million release clause.
Are you happy with your club's transfer activities? Have your say in the comment section below.