The moment fans and indeed a handful of players have been waiting for; the 2025 summer transfer window is officially open for business.
However, this year's market is complicated by the imminent Club World Cup, which gets underway in just a couple of weeks' time, meaning that there will be two separate periods in which to get deals done.
Real Madrid have already got ahead of the game in that regard, securing early deals for Trent Alexander-Arnold and Dean Huijsen, opting to pay £10m for the former just to have him on board in time for the summer tournament.
Here, Sports Mole provides a comprehensive guide to the 2025 summer transfer window following the opening of the novel 'exceptional registration period'.
When does the first 2025 summer transfer window open and close?
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Thanks to FIFA's new Club World Cup brainchild, which gets underway on June 14 - or June 15 for those of us on UK time - teams have been granted a 10-day period to make their first summer acquisitions before the tournament.
Known as an exceptional registration period, this market opened on Sunday and will be open until 7pm on Tuesday, June 10, giving clubs just over a week to get any early deals over the line.
While only Chelsea and Manchester City are the only English representatives in the Club World Cup, any Premier League or EFL side can buy or move players on during that time.
When does the second 2025 summer transfer window open and close?
After the 'exceptional registration period' shuts, there will be a five-day pause before the second - or proper, if you like - transfer window opens on Monday, June 16.
That market will run for the duration of the summer as is standard, despite reports earlier this year claiming that clubs would discuss closing the window before the start of the season.
Instead, teams will be free to sign and sell players until Monday, September 1, although there will be a countdown to 7pm rather than 11pm this time around as the window is closing four hours earlier.
However, clubs will be expected to have an additional two hours to complete transfers if they have submitted a deal sheet, meaning that some signings may not be announced until 9pm or later on September 1.
What are the biggest deals that could be done this summer?
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The Premier League could soon see its newest £100m+ player arrive, as Liverpool are making a concerted effort to sign Bayer Leverkusen playmaker Florian Wirtz in a club-record deal.
All eyes will also be on whether Arsenal can finally add that elusive big-money number nine to their ranks, as the Gunners decide between RB Leipzig's Benjamin Sesko and Sporting Lisbon's Viktor Gyokeres.
While Matheus Cunha's £62.5m move to Manchester United will make many headlines, the biggest transfer stories at Old Trafford should relate to outgoings, as the futures of Bruno Fernandes and Alejandro Garnacho are both up in the air.
On the blue half, Manchester City could replace Kevin De Bruyne with two new faces in Tijjani Reijnders and Rayan Cherki, while Chelsea appear to have won the race to sign much-coveted Ipswich Town striker Liam Delap in a £30m deal.
Ben Knapton
