This January, Premier League clubs were much more conservative than last, with only six sides actually committing money to a permanent signing. Considering £430million was spent in 2018's winter window, the fall to £180m in 2019 is dramatic indeed.
High player salaries, uncertainty around Brexit, and big teams being well stocked were factors in a month of modesty. Still, there were moves made and even deals sealed.
Here, Sportsmail assesses each club's work...
Arsenal
IN
Denis Suarez (Barcelona, loan)
OUT
Emiliano Martinez (Reading, loan)
Emile Smith Rowe (RB Leipzig, loan)
Unai Emery said at the start of January that Arsenal had no cash for major transfers so would have to concentrate on loans.