Some cash will most certainly be splashed but not like in days gone by.
Most clubs are unlikely to break the level of their current record signings. Four clubs – Bradford, Doncaster, MK Dons and Notts County – have all spent over £1m on players before.
Salford’s record transfer could have been paid by a personal bank loan, coming in at £7,000 for Jordan Hulme.
But how does every club rank against their rivals?
Here we have the answers courtesy of the www.transfermarkt.co.uk website.
5. Swindon Town - £900,000
Joey Beauchamp joined Swindon in the 1994/95 season for £900,000 from West Ham. Photo: Getty Images
6. Stockport County - £800,000
Ian Thomas-Moore joined Stockport for a record fee at the start of the 1998/99 season. Photo: Pete Norton
7. Gillingham - £590,000
Carl Asaba joined Gillingham from Reading at the start of the 1998/99 season. Photo: Gary Palmer
![In August 2001, Brammer made the short journey to Crewe Alexandra, who paid Vale £500,000 for his services. Manager Dario Gradi described him as "probably the biggest [signing] in our history."](https://www.chad.co.uk/webimg/b25lY21zOjNkMjcxOGE5LTU2Y2QtNGEzMi1hZGVhLTRhMzUwM2QxZjUxYzpiYjQxZTI2MS1hMTQ4LTQ0ZDgtOGFjMy02YzE2YmQ4MTk0NDc=.jpg?crop=4:3&trim=&width=800)
8. David Brammer - Crewe Alexandra
In August 2001, Brammer made the short journey to Crewe Alexandra, who paid Vale £500,000 for his services. Manager Dario Gradi described him as "probably the biggest [signing] in our history." Photo: Shaun Botterill