Arsenal’s injury-prone England worldwide midfielder Jack Wilshere, 24, was loaned to Bournemouth after slipping down the pecking order at the Emirates Stadium.
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Liverpool also got troubled striker Mario Balotelli off its books, with the Italian joining Nice in France.
Luiz joined the Blues from Benfica for £21.3m in January 2011 and made 143 appearances for the club.
The two moves took spending for English top-flight clubs to around £1.17 billion, according to Sky Sports – a record for a single transfer window.
French journalist Julien Laurens launched a scathing assessment of Luiz’s time with the Parisian club, and labelled him not only a “liability” but also a “worse player” than he was when he left Chelsea.
Luiz has returned to the club he left in 2014 for a fee of £50m and has cost Chelsea £30m to bring back to Stamford Bridge.
PSG paid a reported 50 million pounds ($65.59 million), a world record fee for a defender, when Luiz moved to Chelsea in June 2014.
Chelsea goalkeeper Thibaut Courtois has welcomed the return of David Luiz to Stamford Bridge, while also admitting he is pleased Diego Costa chose to stay at the club. “So I can not wait to wear the shirt and play in Stamford Bridge again”.
The Luiz deal came a matter of hours after Chelsea signed former Bolton left-back Marcos Alonso from Serie A outfit Fiorentina for £23m. “The Premier League is where it is at, clubs have to spend money”. Bony joined Stoke after seeing his career stall since joining from Swansea past year.
A combination of worldwide call-ups, injuries, illness, poor form and the presence of Sergio Aguero prevented the Ivory Coast striker from establishing himself at City.
Manchester City were among those clubs trimming their squads under a new manager, Pep Guardiola allowing four senior players to leave on season-long loans.
Wilfried Bony pitched up at Stoke City, French centre-back Eliaquim Mangala signed for Valencia and defender Jason Denayer joined Sunderland.
Luiz helped PSG win consecutive Ligue 1 titles but French journalist Julien Laurens believes the 29-year-old rarely impressed during his time in Paris.
The north London club added three new names before the transfer window closed Wednesday night. Two years later and the former fan favourite has completed an unexpected move back to the Blues. Goalkeeper Pau Lopez arrived on loan from Espanyol.
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Premier League struggler Sunderland has broken club record to bring in Gabonese global midfield dynamo Didier Ndong from Lorient for £13.6 million.
