There is a decent chance that the biggest move of the January transfer window was announced several days before the market is officially opened.
But with the World Cup producing several breakout stars, including Liverpool new boy Cody Gakpo, and the race for a top-four spot appearing more competitive than ever, there may be a little more activity than in previous winters.
Champions Manchester City are unlikely to be active but their nearest competitors should be. And that is before considering the potential of a relegation candidate gambling later in the month should results fail to improve in the next four weeks.