It was a summer transfer window that almost defied belief.

Net spending from Premier League clubs reached a record £870 million, while top flight club acquisitions on deadline day totalled a new high of £90 million.

And yet for all the money that changed hands, headlines were also dominated by those who ultimately went nowhere.

Much of the hyperbole centred around Manchester United, with Gareth Bale, Neymar, and Marco Reus just three of a host of stars supposedly subject of audacious, and failed, big money bids.

The David De Gea saga rumbled tediously on before reaching a farcical conclusion, and 19-year-old Monaco forward Anthony Martial, a youngster with just 72 senior appearances and 15 goals to his name, moved to Old Trafford for £36 million – a price tag beyond extortionate.

Of course, United were not alone in the madness. Manchester City spent more than £130 million on Raheem Sterling, Nicolas Otamendi and Kevin De Bruyne, while Everton deemed Chelsea’s £30 million offer not enough to sell John Stones, a defender still with much to prove at both Premier League an international level.

Brendan Rodgers took his spending to almost £300 million in just over three years at Liverpool, and Tottenham made Son Heung-min the most expensive South Korean footballer in history with a £23 million purchase from Bayer Leverkusen.

Of course, Tuesday prompted the now customary frenzy for panic buys and late loan deals, activity now synonymous with the final day of the transfer window.

And amidst it all, few could have begrudged Swansea City Chairman Huw Jenkins had he been sitting comfortably in his home, affording himself a smug smile.

Many non Swansea City fans, and those from Cardiff in particular, will now be sick to death of hearing how the club is the blueprint for teams looking to be successful while at the same time, displaying financial sense and operating within their means.

But such truth is unavoidable. This is an area where Swansea, and Jenkins in particular, remain lightyears above of the rest.

The remarkable job the Welsh businessman has done since becoming Chairman of the club in 2002, albeit by default, has been cemented further this summer.

Swansea have brought in five new players, four for minor but undisclosed fees, and one on a free transfer.

 The latter? Andre Ayew, one of the early stars of the season with three Premiership goals in four appearances, not to mention a man of the match display in the win over Manchester United on Sunday.

Perhaps wary of the dire financial straits the club has endured in the past, Jenkins has never been one to sanction panic buying or paying over the odds. The Welsh record fee of £12 million for Wilfried Bony in July 2013 was seen an expensive gamble given the club’s policy on transfers and wage structures – yet 34 club goals and a £28 million move to Manchester City later, it proved anything but.

Indeed, Bony joins a host of stars in recent years to leave the Liberty Stadium for supposedly greater heights. But no transfer, irrespective of the fee received, has prompted Jenkins into rash big money buys.

Ayew, Michu, Michel Vorm, Jefferson Montero, Jack Cork, and even Lukasz Fabianski are just six examples of players to have arrived in South Wales having slipped under the radar of the apparent bigger clubs – and subsequently proved revelations in a Swansea shirt.

For the record, the afore-mentioned players cost a mere £10.5 million between them.

The likes of Ashley Williams, Angel Rangel, Neil Taylor, Leon Britton, and despite his recent loan move to Leicester, Nathan Dyer, are all players the club have remained loyal to after they helped bring Swansea up from League One and the Championship.

Of course, there have been signings that have not flourished – but Jenkins has got considerably more right than he has wrong.

And the sensible business philosophy has benefitted Garry Monk and his side this season. With the exception of Dyer, any important incoming and outgoing transfers were finalised early – allowing the squad to start the campaign with little hanging over their heads in the way of speculation and distraction. Such factors, can only serve to help.

And sure enough, the club continues to push on, with that United win continuing the unbeaten start to 2015/16 for Monk’s men.

The 52-year-old Jenkins has always refused to waver from his principles in regards to money spent, wages offered, and managers appointed. He has proved that contrary to some beliefs, a club can indeed prosper whilst remaining in the black financially.

And whilst Swansea City, and its support, has inevitably grown in stature since promotion to the Premiership, the Swansea City Supporters Trust continue to own a 21% stake in the club.

Critically, Swansea remains a club of its own people.

Last year there were preliminary talks with US billionaire John Jay Moores, the former owner of the San Diego Padres baseball franchise, over investment in the club. It was a deal that Jenkins and the trust ultimately rebuffed.

On his talkSPORT radio show on Monday night, Stan Collymore described Swansea as a prime example of how to run a football club, saying they were “embarrassing the bigger boys.”

Collymore often divides opinion with the passionate and belligerent manner with which he airs his views, but in this instance, few can argue with such sentiments.

And it is for this reason that players, staff, and fans alike can only hope that lifelong fan Jenkins remains at the helm for the long term future.

For as long as he does, unlike a high number of Premier and Football League counterparts, the club could not be in safer hands.