The leading Premier League clubs have conducted the majority of their transfer business early this summer, but given the nature of the market there is still more to be done.
But the start of August also signals one month until the close of the summer transfer window - so while attentions are turning to the big kickoff, chairmen, managers and a swathe of agents will have at least one eye on the market.
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More big transfers are inevitable. The likes of Edinson Cavani, Marco Reus, Arturo Vidal and Mats Hummels will continue to be linked with moves to the Premier League as managers sign off moves for their dream targets - even if they cannot be lured from their countryside mansions or lavish city center apartments across mainland Europe.
It certainly appears the top teams have learned from past mistakes, when they desperately floundered around the transfer market trying to sign players on the final day of the window.
Even though they came out the other side with a club record signing, last year Arsenal fans were biting their fingernails hoping the deal for Mesut Ozil would be pushed over the line in time.
Manchester United, of course, did not fare so well; Marouane Fellaini was brought in for 4 million pounds more than had been agreed earlier the same day, a group of mystery lawyers failed to complete a move for Ander Herrera, and then, 15 minutes past the deadline, it was revealed out of nowhere that a move for Fabio Coentrao had fallen through in the dying seconds of the window.
Ozil had to wait for Real Madrid to complete the Gareth Bale deal before he could move on, United paid more for Fellaini because Everton was buying James McCarthy and Wigan was holding firm, and the Coentrao move collapsed because los Blancos could not find cover of their own.
So many transfers are intrinsically linked to another, and that's why so many fall down.
This is why Jose Mourinho can sit back with a grin on his face when he says Chelsea’s business is done for the summer. His side is certainly ready to mount a serious title challenge following the arrivals of Diego Costa, Cesc Fabregas, Felipe Luis and Didier Drogba, with goalkeeper Thibaut Courtois returning from his loan spell.
Reigning champion Manchester City is waiting only to confirm the signing of Eliaquim Mangala before its squad is complete, too, with Fernando, Bacary Sagna and Willy Caballero already added to an impressive squad. City's financial muscle has been restricted by the transfer cap and £49m fine it received from UEFA for failing to comply with Financial Fair Play regulations, but nobody can say it hasn't done as much as they can.
Arsenal has signed four players to improve the first-team squad, adeqautely replacing Bacary Sagna with his France teammate Mathieu Debuchy, while £35m forward Alexis Sanchez looks like the signing of the summer and the kind of top-class player who could, they hope, inspire the Gunners to win the title for the first time in a decade.
Liverpool is still extremely active in the market and Bredan Rodgers is working hard to bring in a new striker - possibly Swansea's Wilfried Bony - to fill the hole left by the sale of Luis Suarez to Barcelona. The Reds have already signed six new players following last season's second-placed finish as Rodgers reinforces his side ahead of a return to the Champions League. They have raided Southampton for three players to improve the depth of their squad, Divick Origi has been signed as a long-term option to lead the line, Lazar Markovic and Emre Can are young and exciting attacking additions, and two Spanish fullbacks are on their way to Anfield.
Manchester United has spent the best part of £70 million on Ander Herrera and Luke Shaw already but the sense is that the big story is around the corner. It is now focusing on defensive reinforcements to make up for the summer departures of Nemanja Vidic, Patrice Evra and Rio Ferdinand, and Borussia Dortmund defender Hummels would be the dream signing for new manager Louis Van Gaal. However, Thomas Vermaelen is a more realistic option as the club looks to bounce back from a disastrous season under David Moyes.
The 20-time English champion has £80 million left in the summer transfer budget but is unlikely to spend it all, with Van Gaal willing to wait until January to make a move for Roma midfielder Kevin Strootman as Juventus and Arturo Vidal play hard to get.
Tottenham is eager to avoid another summer of upheaval but is hoping to sign Morgan Schneiderlin and Jay Rodriguez despite Southampton battening down the hatches, while Everton has smashed its transfer record with a £28 million permanent move for Romelu Lukaku.
While of course there is still business to be done, the managers of the top seven teams - perhaps aside from Van Gaal - will all be happy enough with the state of their teams with just two weeks to go.
Southampton, though, is in something of a race against time to splash the cash to make up for this summer’s exodus which has completely gutted its promising team. It has brought in around £90 million from the sales of five players, with potentially more to follow, and the club is constantly monitoring the market ahead of making its next moves.
With the market as volatile as it is, one more big transfer or even an injury can create a domino effect in England and across Europe, and the Premier League's £3 billion television deal with Sky and BT Sport means that every club has the cash to splash out on reinforcements.
The teams at the top are already looking in good shape to produce a season just as thrilling as the last, but expect plenty to happen in the final weeks of an already massive transfer window.