In a season ravaged by the Covid-19 pandemic, topflight sides limited their spending to £70million, down from £230m in the previous window, as football continues to deal with the ongoing crisis.
This window has seen the loan market utilised to the full extent, with clubs such as West Ham profiting with the arrival of Jesse Lingard from Manchester United.
Others such as Arsenal have used this opportunity to remove some deadwood from their ranks, most notably with outcast Mesut Ozil departing for Fenerbahce.
Meanwhile, some clubs such as Tottenham and Sheffield United failed to bring in any fresh faces with no wiggle room in their transfer budgets due to the circumstances.
Sportsmail takes a look at the Premier League’s winners and losers from the January transfer window.
David Moyes has been one of the busiest managers during January with plenty of noticeable arrivals and departures from the London Stadium.
The Hammers have had a really impressive Premier League campaign up to the halfway mark and look to have their eyes set on European football for next season.
They made a statement of intent with two crucial signings during January. West Ham made Said Benrahma’s loan move from Championship side Brentford permanent and also welcomed a fresh face from Manchester United in Jesse Lingard.
Lingard’s loan move has brought up plenty of intrigue between the football fanbase with the 28-year-old having spent much of the last year on the sidelines under Ole Gunnar Solskjaer at Old Trafford.
But with the Hammers flying high in the topflight, Lingard is a potential risk that they can afford to make. If it pays off, Moyes looks like a genius and all the other mid-table outfits will be left scratching their heads as to why they didn’t make a deal. If it doesn’t work out, he returns to Manchester in a few months.
They also waved goodbye to out-of-form striker Sebastian Haller, after a frustrating season for him, as the Frenchman joined Ajax for around £20million. Defender Winston Reid signed for Championship Brentford on a loan deal until the end of the season.
Jurgen Klopp has been dealing with an injury crisis at Liverpool since the early stages of the Premier League season.
After triumphantly cruising to the title last season, the Reds find themselves in a tight title race this season and have had to play most of their matches with a makeshift defence.
Virgil van Dijk and Joe Gomez suffered long-term injuries earlier in the campaign and have a few more months on the sideline before returning – all but writing off their chances of a comeback this season.
However, in dramatic fashion in the eleventh hour, Liverpool brought in two centre-backs to lighten the load on Joel Matip, Jordan Henderson and Fabinho at the back.
The Reds signed Schalke centre-back Ozan Kabak on loan with an option to buy at the end of the season and also welcomed Preston centre-back Ben Davies in a £2million deal.
Now while both of the new arrivals do not possess the same bravado or gusto of van Dijk and Gomez, they do give Klopp more options should they suffer more injuries and did not break the bank at Anfield.
There has also been a further boost in midfield, as they managed to keep Barcelona at bay in their pursuit of Georginio Wijnaldum. The Dutchman has still not put pen to paper on a new deal at Liverpool and his contract expires in June this year.
It is possible he could leave as a free agent in the summer, with Nou Camp his likely destination, but he remains at Liverpool for now.
For Mikel Arteta, this window had a much greater focus on outgoings than bringing in new talent to the Emirates Stadium.
The Spaniard had plenty of deadwood that needed shifting from the North London club and he successfully shipped some pretty big fish off the wage bill before the deadline on Monday.
The club also managed to ship off out-of-favour centre-backs Sokratis and Shrokdan Mustafi. The Greek defender signed for Olympiacos on a free transfer while Mustafi headed to his home country and signed for Schalke.
Arsenal also loaned out Ainsley Maitland-Niles to West Brom on deadline day in a move that benefits both parties with the youngster wanting more game time.
It wasn’t all goodbyes for the Gunners, as they welcomed Martin Odegaard on loan from Real Madrid until the end of the season. The Norwegian playmaker is hot property across Europe and getting that deal done provided a boost to the team and the fans. Continue reading