It's been a window built predominantly on transfer speculation, but as we edge closer to deadline day in the January Transfer Window, we've already seen some big deals go through and it looks as if clubs have no intention of closing their cheque books just yet.
Italy international Mario Balotelli left Manchester City to return to his homeland, this time with AC Milan, in a deal worth a reported £19 million on Tuesday (BBC Sport), while Inter Milan starlet Philippe Coutinho became Liverpool manager Brendan Rodgers' second signing in the window, joining the Merseysiders for a fee said to be in the region of £8.5 million (Guardian).
However, as well as deals happening, some have been dramatically called off at the last minute, with Everton announcing Leroy Fer will not link up with the Toffees after failing a medical despite agreeing a fee with his club FC Twente. (Daily Mail)
But what does this mean for other clubs in the window?
Balotelli's departure leaves a gaping hole in Manchester City's attack, and the Citizens coach Roberto Mancini could be tempted into the market with Carlos Tevez, Sergio Aguero and Edin Dzeko failing to score in the 0-0 draw at QPR.
One thing is for sure. With over £88 million spent so far in the window, there's no doubt spending will surpass the £100 million mark when midnight strikes tomorrow evening.