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 with eight of the league’s 24 clubs having played top flight football.
But how would the League One table look if it was based only on each club’s record signing, and who would be going up and down?
Here we have the answers. (The figures are sourced from the www.transfermarkt.co.uk website as well as reliable club websites and are accurate to the best of our knowledge)
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9. Blackpool - £1,250,000
Blackpool paid £1,250,000 for DJ Campbell, to Leicester City in 2010. Photo: Chris Brunskill
10. Rotherham United - £930,000
Rotherham United signed Sam Nombe from Exeter City in Aug 2023 for £930,000. Photo: Ben Roberts Photo
11. Stockport County - £800,000
Stockport County paid £800,000 to Nottingham Forest for Ian Moore in July 1998. Photo: Alex Livesey
12. Burton Albion - £480,000
Burton Albion signed Liam Boyce for £480,000 on 1st July 2017 from Ross County. Photo: Pete Norton