The Villans have been on a spending spree this summer as they aim for a successful campaign in the Premier League.
Villa earned around €189m by earning promotion to the Premier League and they are quickly making proper use of the money. Their current summer spending stands at a mind-blowing €93m (£83m/$104m).
That figure is far more superior to any other Premier League side, with Manchester City’s spending just €3m shy of Aston Villa’s despite breaking their club transfer record by signing Rodri from Atletico Madrid.
In fact, Villa have spent more than Arsenal, Chelsea, Everton and Liverpool combined over the last couple of weeks.
Smith saw 12 players left his side at the end of last season and there was need for replenishing his squad, which they have done in good fashion.
Brazilian attacker Wesley has been their most expensive signing for €24 million (£22m/$27m), but if there is one area that Smith has focused much on is the backline.
Bournemouth’s central defender Tyrone Mings joined Villa on a permanent deal with Kortney Hause and Ezri Konsa being the other two centre-backs to have moved to Villa Park.
Left-back Matt Target also arrived from Southampton and centre-back Bjorn Engels is close to agreeing a move to Aston Villa from French side Reims.
Two wingers, Anwar El Ghazi and Jota, have also made transfers to Villa as the club makes a firm intent on ensuring a smooth transition to the top flight.
Villa’s activity in the transfer market is still expected to continue as a deal for Manchester City’s Brazilian midfielder Douglas Luiz nears completion, according to the BBC.
Money is obviously no guarantee of a successful campaign, with Fulham having spent over €100 million last summer and still slumped back to the Championship.
Smith seemed to have learned from Fulham’s experience and he has made his dealings early rather than waiting for deadline day.