January is usually quiet for transfers, but the Premier League's winter spending in 2022 was actually the second highest in history, and over half the money (€335 million, according to Transfermarkt) was splashed by the bottom five clubs: Everton, Norwich City, Newcastle United, Watford and Burnley.
With the break for the World Cup in Qatar and the ongoing economic crisis around the globe, it's unclear how teams will respond to the various challenges this year, but there have already been agreements for some high-profile signings.
Here are the grades for all the major deals in January 2023.