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.
21. Harrogate Town - £23,000
Harrogate Town's record signing is Adam Porritt for £23,000. Photo: Getty Images
22. Salford City - £7,000
Jordan Hulme joined Salford from Ramsbottom on Jan 1, 2015 for £7,000 Photo: Getty Images
23. Barrow - £4,000
Barrow have the longest-standing record by a country mile. It is Ron McGarry, who joined for £4,000 from Newcastle all the way back in the 1967/68 season. Photo: Getty Images
24. Sutton United - £0
According to the stats, Sutton have not paid a recorded transfer fee, dealing in frees signings and loans since their rise into the EFL. Photo: Getty Images