Clubs around Europe have been very busy this transfer window, all aiming to bolster their squad before the new season.
Top clubs like Manchester United, Manchester City, Bayern Munich, Liverpool and Barcelona (despite their transfer embargo) have continued to spend big.
It has been an unusually quiet period for Real Madrid as their new boss is yet to name a big money signing. With the transfer window still open, one can expect many surprise deals are still to unfold.
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Here are the top five transfers of the summer so far :
1. Petr Cech- At last Arsenal have a world-class shot stopper in Petr Cech.
He left Chelsea after playing second fiddle to Thibaut Courtois the previous season. Arsene Wenger did an astute piece of business by capturing Cech from rivals Chelsea in a £10 million move.
At 33, he can perform at the peak for at least two more years. He also brings with him a vast experience and it would be no surprise if the Gunners deliver a silverware this season.
2. Bastian Schweinsteiger- It seems that Manchester United has finally found an answer to their midfield woes in Bastian Schweinsteiger.
The German captain was a shrewd signing by Van Gaal as he prepares the club for an important season. The former Bayern Munich midfielder has everything in his armor- passing, a long shot, free kicks, strength, aerial prowess.
Besides, he is also an engine that gets the team going. He has won everything with Bayern and Manchester United will be hopeful that his experience will benefit them in the long run.
3. Arda Turan- The 28 year old midfielder from Turkey was a vital cog in Diego Simeone's system.
He helped the club win the La Liga and reach the final of the Champions League in the 2013-14 season.
Turan possesses good technical skills, immaculate vision, work ethic and dribbling skills that makes him a versatile player who can thrive in any midfield position.
Although he won't be able to don the jersey till January, there is no doubt that Barcelona have a great player in their midst.
4. Jackson Martinez- With Mario Mandzukic moving to Juventus, Athletico Madrid snapped up Martinez from under the noses of AC Milan for €35 million.
The striker was crucial for Porto as he helped the club reach the quarters of the UEFA Champions League last term.
He was also the top scorer in the Primeira Liga in all three seasons spent at Porto. His arrival is sure to heat up the La Liga title race next season.
5. Carlos Bacca- He belongs to a rare breed of players who have snubbed the opportunity to play in the Champions League.
AC Milan seem to be on the right track having signed Bacca from Sevilla. The Colombian hit-man played a crucial role in helping the Andalusian outfit win back-to-back Europa League titles. His acquisition has no doubt signaled the resurgence of the historic club.