With the 2026/27 Prem Rugby season getting ever closer, clubs from across the division will have finalised their summer business.
With the Gallagher Prem's salary cap still in action - and a current exodus of talent to leagues like the Top 14 - English clubs are needing to be increasingly frugal in their recruitment.
As lots of movement has taken place, let's grade all 10 teams' business so far.
Bath Rugby - D+
The most expensive squad in the league, 2024/25 champions Bath had little room to manoeuvre this summer.
Johan van Graan's side have had one of the quieter summers of any side in the Prem, bringing in just three new players.
While Dan du Preez and Jamie Bhatti are astute signings, the losses of Thomas du Toit, Francois van Wyk, Will Butt, Alfie Barbeary and Chris Harris - among others - makes Bath's squad worse on paper than 12 months ago.
Bristol Bears - C
Having underperformed last season, Bristol Bears were in need of strong recruitment this summer.
Their nine signings offer some much needed grunt to their forwards pack, but lack any real top level quality.
Pat Lam hasn't lost any of his key players this summer, helping their grade, but the general feeling is that their squad is the same calibre of the one which finished sixth last campaign.
Exeter Chiefs - D-
Last season's runners up, Exeter Chiefs had a miraculous turnaround last season - having finished ninth the season prior - led by their top Australian talents.
The best of those - Len Ikitau - has since departed this summer, while top Prem player Christ Tshiunza, Josh Hodge, Will Rigg and Scott Sio have all also departed.
Rob Baxter would have hoped to replace his outgoings with a similar calibre of player, but this has not transpired. A really poor summer of business.
Gloucester Rugby - B+
Having just scraped into European Rugby Champions Cup qualification last season, Gloucester needed a summer of refresh.
The Cherry and Whites have responded through the acquisitions of Jac Morgan, Dewi Lake, Dan Robson, Joe Joyce and Phil Cokanasiga, making arguably the best signings of the summer.
Despite this, the loss - and subsequent failure to replace - of Tomos Williams drags them down, with George Skivington's side now without a top level scrum half.
Harlequins - B
A surprisingly quiet summer, considering Harlequins' torrid 2025/26 campaign, but one that has raised their ceiling.
Having not seen any key senior players depart, Harlequins have added England international George Furbank to their squad, instantly making them a much more potent force going forward.
They are still likely going to be short in some areas of the field, dragging them down a touch, but it's clear that they are a much better outfit ahead of this new season.
Leicester Tigers - C
In another strange summer for Leicester Tigers, their business is difficult to grade.
While on one hand, the losses of George Martin, Nicky Smith, Hanro Liebenberg, James O'Connor and Izaiah Perese are enough to stifle any sense of hope for most sides, they have recruited well to replace.
Aaron Wainwright offers the experience and abrasiveness lost through Liebenberg and - more crucially - Mako Vunipola is a top level replacement for Nicky Smith. The Tigers' squad has certainly not improved from last season, but it's hard to argue that they've got worse.
Newcastle Red Bulls - A+
What else could this have possibly been?
25 in, 25 out. Each of the incomings an improvement on the outgoings. Not to mention world class signings like Raffi Quirke, Hoskins Sotutu and Fehi Fineanganofo.
The Red Bulls will be a completely different outfit to the one which has finished 10th for the last three seasons, meaning that this summer could not have been better for the now-Red Bull owned club.
Northampton Saints - C
It's been a strange summer all in for the defending champions, with talk of a potential departure for Henry Pollock the main distraction.
In terms of business actually completed, the loss of George Furbank is a big one, as are the departures of Elliot Millar Mills and James Ramm.
However, each of those players is replaceable within the current Saints squad - such is their squad depth - and those departures have allowed them to offer new contracts to - and therefore retain - a plethora of their key stars.
Sale Sharks - A
It's been a great summer of business at Sale Sharks to this point, and it needed to be.
A seventh place finish last season, sleepwalking towards a battle to qualify for Europe's elite, saw the Sharks at somewhat of a crossroads.
However, smart and ambitious acquisitions of Joe Marchant, Nicky Smith, Alex Lozowski, Christ Tshiunza and Courtney Lawes improve them massively.
The only blotch on an otherwise perfect summer is the departure of Raffi Quirke, with the Sharks failing to bring in a top replacement for their talismanic number nine.
Saracens - A-
Having failed to reach last season's play-offs, Saracens have responded with some elite level reinforcements.
George Martin, Tomos Williams and Alfie Barbeary are all top level, international players, who - if they all stay fit - will make significant contributions for the Men in Black this season.
The loss of Ivan van Zyl this summer will be felt, whilst Saracens could have done with a few more improvements, but a second row pairing of Maro Itoje and George Martin at club level is amongst the best in the game.
