As all football fans know, the last day of August is always an important day in the calendar. It marks the end of the summer transfer window, and is usually we see a significant amount of big money players moving in the final minutes. This particular day is generally frantic and hectic for clubs, fans, and journalists alike, so here’s the up to the minute list of big player moves that have been made thus far on deadline day.

Dutch winger Eljero Elia signed with Juventus today from Bundesliga side Hamburg in a deal said to be worth about 9 million euros. The gifted midfielder is just the offensive weapon the Bianconeri needed to attempt to get back into Serie A‘s elite.

Real Madrid confirms the loan of Pedro Leon to fellow La Liga outfit Getafe on a one year spell.

Long time AC Milan fullback Massimo Oddo has completed a switch to Lecce.

Queens Park Rangers have acquired Manchester City want away Shaun Wright Phillips.

More up to the minute transfer news after the drop! Cheers.

Last seasons Barclays Premier League player of the year was West Ham United’s Scott Parker, who’s valiant performance still could not prevent the club from being relegated. Today, he officially announces his move to Tottenham Hotspur to play under manager Harry Redknapp, for an astonishingly low 5 million pounds. The newly announced England international should flourish within the side there, playing amongst the likes of Gareth Bale, Luke Modric, and fellow Englishman Jermaine Defoe.

Former Chelsea and most recently Liverpool midfielder Joe Cole is being shipped to French Ligue 1 champs Lille on a season long loan.

Another odd man out departs from the Santiago Bernabeu as Real Madrid deals Argentinian Fernando Gago to Rome for a loan.

As many people remember, the only name that you constantly heard was Uruguay’s striker Diego Forlan, who would eventually go on to win the tournaments prestigious Golden Boot award. Italian side Inter have signed Forlan today from Atletico Madrid for an undisclosed fee. The Nerazzurri having just shipped Samuel Eto’o off to Russia for big bucks, had money to blow and a striker position to fill. They have also inked the signature of Mauro Zarate from Lazio on a one-year loan stint with the option to permanently move to the club after it expires.

22-year old Wolfsburg defender Simon Kjaer moves to the red side of Rome.

After weeks of procrastination, Arsene Wenger pulled the trigger finally in the transfer market, snagging two experienced, imposing defensive players. Werder Bremen’s Per Mertesacker and Fenerbahce’s Andre Santos, who in total cost the London side slightly over 16 million pounds. These additions will fill the hole that Gael Clichy left when he departed for City, and the German international Mertesacker will stabilize a very shaky central defense.

Rumor has it that the same Russian behemoth that signed Samuel Eto’o has placed a 41 million pound bid for Liverpool’s Andy Carroll. Anzhi, whom recently stumbled into a treasure trove of money, are looking to snag up big name players and claim a stake in the Champions League.

At one point, he was one of Sir Alex and Man United’s most promising prospects. Then injuries encapsulated him and essentially took him from the game in the prime of his career. Well after a week or so of rigorous fitness testing, most of which was broadcasted on YouTube, Owen Hargreaves has signed with Manchester City.

Brazilian Diego joins Atletico Madrid from German side Wolfsburg on a one-year loan.

Tottenham Hotspur has evidently lost the services of Alan Hutton and Jermaine Jenas to Alex McLeish and Aston Villa, with the two supposedly going through a medical as as speak.

Bayern chief squashes rumors of Chelsea move for Franck Ribery, personally guaranteeing he will remain in Germany. Could this rumored attempt possibly mean Chelsea have given up on their pursuit of  Spurs’ Modric?

West Ham fill Parker void with year long loan deal for David Bentley.

The Peter Crouch move is now finalized. He, along with Winston Palacios are set to be unveiled by the club within the next hour or so. The deal in its totality came to be a little over 20 million pounds.

Sebastian Coates was the catalyst to Uruguay’s Copa America glory, and now the defender has completed a move to the red half of Merseyside.  The 20-year old defender claims that countryman and Liverpool striker Luis Suarez helped to convince him to make the move to Anfield. Kenny Daglish’s side looks primed to finish in a Champions League spot this campaign, pending Arsenal making any last-minute buys.

Not a lot of updates on who is staying put today. Nemanja Vidic will remain with United despite a 25 million pound bid from Anzhi. Modric is staying and Spurs and Belgian superstar Eden Hazard will not be heading to Arsenal, with his current side Lille eager to maintain his services. Internazionale Milano have also confirmed that Wesley Sneijder will not be leaving the club for Manchester United, or anyone else for that matter. Having been the subject of many rumors throughout the summer, he will stay in Milan at least until January.

Real Madrid attacking midfielder Royston Drenthe is set to join Everton on loan, but the move is currently hinged on whether the club can unload Yakubu or Jermaine Beckford.

Rumors have circulated that Brazilian starlet Neymar is set to join Spanish side Real Madrid….after this season. With his club, Santos, set to play in the Club World Cup this year, he wants to complete the mission he started with the team before making a move anywhere. But it looks like the Bernabeu is going to be his landing place once next campaign rolls around. The young Brazilian is arguably the most sought after target the world over, with such clubs as Barcelona and Chelsea also knocking on his door. Having openly admitted he preferred Los Blancos to the Catalan side, his move there is imminent.

FC Porto make 12 million pound swoop for Arsenal’s Nicklas Bendtner? Sunderland reportedly in the race and apparently leading it.

According to Yossi Benayoun‘s Twitter page, he is “staying in London”. So it sounds like a move to the Gunners is upcoming with speculation circulating all day long. You will know when it’s final.

**The Benayoun deal is finalized, he will be joining the Gunners on a one-year loan.**

Manchester City’s Welsch striker Craig Bellamy has finalized a free transfer to Liverpool, further bolstering the already overdosed Anfield outfit.