Holtby was to move to Tottenham when his contract with the German side expired in the summer.
However with Sandro injured, the English side were keen to tie up the move earlier and have now agreed a fee with Schalke to sign him now.
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?