Football clubs in the English Premier League spent a total of £485 million during the summer transfer window, which closed yesterday at 23:00 GMT. The pick of the deals struck on deadline day were Peter Crouch’s move from Tottenham to Stoke, as well as Mikel Arteta’s switch to Arsenal from Everton, also for £10 million. But how have the bookmakers reacted to the deadline day deals?

Stoke City broke their transfer record to bring Peter Crouch to the Britannia Stadium from Tottenham for £10 million, but they also added Wilson Palacios and Cameron Jerome to the squad. Stoke have started the season brightly, unbeaten in their first three games with a total of five points already on the board.

The Potters remain a best price of 5001.00 (William Hill) to win the Premier League, but they are now as short as 5.50 (best price 6.00, Bet365) to finish “Best of the Rest” (Premier League betting without the “Big Six” – Manchester United, Manchester City, Arsenal, Tottenham, Chelsea and Liverpool).

Stoke have also been cut to as short as 8.00 (best price 11.00, Bet365) to finish in the top six and are as big as 21.00 to be relegated to the Championship. After the sale of Mikel Arteta to Arsenal, bookmakers have moved to trim the price of Everton to be relegated to as short as 12.00 (best price 17.00, Bodog).

Everton have not only lost arguably their most creative midfielder, but they now look a shade short up front too, with strikers Jermaine Beckford and Yakubu both moving on deadline day. The Toffees are now as big as 4.33 (Bet365) to finish “Best of the Rest” in the Premier League.

Yakubu moved to Blackburn Rovers, who also brought in Jordan Slew from Sheffield United and defender Scott Dann from Birmingham. Rovers can now be backed at a best price of 2.20 (Paddy Power) to be relegated from the Premier League, as a result of their deadline day transfers.

Arsenal, who also moved for Yossi Benayoun on deadline day, as well as Arteta, remain a best price of 2.65 (Unibet) to finish in the top four of the Premier League this season.

Arteta defending the timing of his last gasp transfer, stating: “It is a big opportunity for me and my family and I think it is the right time for me to take it. I’ve been as professional as I could, but that is football.”

A total of £485 million was spent on signing new players by Premier League clubs during the transfer window, which represents a rise of 33% on last summer’s window.

Five clubs spent more than £50 million each during the summer – Arsenal, Chelsea, Liverpool, Manchester United and Manchester City – making up around two thirds of the Premier League’s total spending.