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.
13. Ollie Palmer (Wrexham) - £307,000
Striker Palmer became Wrexham's club-record signing when they forked out more than £300,000 to sign him from Wimbledon. Photo: Jess Hornby
14. Grimsby Town - £300,000
In July 1997 Kevin Donovan signed for Grimsby Town for a record £300,000 fee. Photo: Shaun Botterill
15. Crawley Town - £225,000
Richard Brodie joined Crawley Town from York in 2010/11 for £225,000. Photo: Getty Images
16. AFC Wimbledon - £175,000
James Younghusband was signed for £175,000 but played just twice for AFC Wimbledon. Photo: HOANG DINH NAM