There is no doubt that if you take out the opening day of the season, the transfer windows are the most exciting parts of the campaign.
With managers drawing up a wish-lists of players, bosses across the country must be counting down to midnight on December 31st so the wheeling and dealing can begin.
Everyone loves a good transfer rumour, finding themselves glued to television screens, or crowding reporters around the grounds trying to get their face on the box and furiously refreshing Twitter on the final day of the window praying that their club can pull off a big signing.
Just ask any Manchester United fan how they felt after what they did on the final day of the last window. They will probably tell you they spent the day angry, nervous, embarrassed and disappointed whilst they were screaming at the television. That is all before they ended up putting their fist through the TV at 11pm.
For some the window is seen a distraction and a time in which teams splash out big money on players with huge potential that eventually fail to deliver.
A prime example of this is Andy Carroll's £35 million move to Liverpool from Newcastle - yes £35 million! The crocked striker was later sold to West Ham at a loss of a staggering £20 million. After just 11 goals on Merseyside it was to no-one's surprise that he was shown the exit door just two years later.
Fernando Torres' move to Chelsea on deadline day opened the door for Carroll to join the Reds, bad business for everyone all round...
Although Torres is still with the club the Spaniard constantly has questions asked about his price tag even to this day as he struggles to rediscover the form he showed at both Atletico Madrid and Liverpool. Chelsea paid £50 million for the striker in 2011, to say Torres has not lived up to the price tag would be an understatement.
This window has been labeled by some as a short term fix to a long term problem as Gary Neville said on his official Twitter page and he is correct, how often do we see loan deals going through with the option to make the switch permanent at the end of the season?
We've seen what happened when it goes horribly wrong but what about transfers in January in previous years that have come up trumps?
Luis Suarez was hot property before he ventured to England and has come on leaps and bounds since joining Liverpool. He is now considered to be one of the best players in the world and one of Europe's most prolific goal scorers.
Even after a 10 match ban at the start of this season the controversial Uruguayan has netted 20 times, this is more than every team in the bottom four as well Norwich, Stoke and Aston Villa.
In the winter of 2006 the Manchester United pair of Nemanja Vidic and Patrice Evra were drafted in. Eight years and many trophies later both players have captained the side and are a constant presence in the back four. They are seen as senior and integral members of the squad when fit and have been influential in the team's success.
For some this window is a chance to save a season that hasn't got of to a great start and to potentially tie up any deals that fell through the net in the summer. Speculation of a fresh attempt from Manchester United to bring Ander Herrera to the Premier League has came to light after it was reported by the Guardian earlier last month.
I see the window as a good thing for teams as it can throw them a lifeline. For Cardiff who are fighting for their life at the bottom of the league and with a new manager in Ole Gunnar Solskjaer who has been given permission to spend this month, they could be the team to watch.
The Welsh club will be hoping they don't suffer the same fate of QPR after they spent big and ended up relegated.
With pressure mounting on managers who are the foot at the table this is a golden opportunity to try and bring in players that could keep them in the league such as West Ham's Sam Allardyce.
It would ease the pressure that is being piled on from fans. A signing or two to galvanise the Hammers could be just the thing they need.
This time of year always causes all sorts of chaos for managers and players' representatives especially in the minutes leading up to 11pm.
Long may it continue.....
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