The summer transfer window closed at 23:00 BST on September 1, and Premier League managers did what they always do next: sat in front of microphones and tried to sound calm about the squads they’d just assembled, dismantled, or left largely untouched. News conferences across the league on September 4 offered the first extended look at how clubs are feeling about the work they did between June 15 and deadline day.

The headline move belongs to Enzo Fernandez, who swapped Chelsea for Manchester City in a deal worth £125 million. That figure equals the British transfer record.

The big deal and bigger questions

Mikel Arteta’s Arsenal also made moves during the window. The club sat near the top of the early-season table alongside City and Chelsea after the opening fixtures.

Spending trends and competitive positioning