Major ins: Fabian Delph, Kevin De Bruyne, Nicolas Otamendi, Raheem Sterling, Patrick Roberts, Enes Unai
Major outs: Edin Dzeko, Stevan Jovetic, James Milner, John Guidetti, Micah Richards, Scott Sinclair, Frank Lampard, Dedryck Boyata.
It's hard to imagine how the summer could have gone more smoothly for the Blues.
In have come the player of the season in Germany last term, two of the most talented young English players out there, a reliable international centre-back who will provide competition at the back, and two kids who have been tipped for bright futures.
Out have gone a number of players who were probably growing frustrated at a lack of first-team opportunities, plus a couple who failed to develop as hoped. The squad is a touch thinner now, but at least all those at Manuel Pellegrini's disposal will feel part of things.
Just don't mention Financial Fair Play...