How long will the big spending last for?

After the rather "unusual" and seemingly panicked 2011 January transfer window has been somewhat in the unusual category especially compared to last years combined spending in comparison to these years. This made me think, how long are we likely to see ever rising transfer fees?

This year there was heavily affected by the Torres incident, however how much of this may have been motivated by the upcoming UEFA Financial Fair Play rules, and more importantly how will these rules affect the future of transfer fees. Well personally it is my hope that these rules will help bring spending down to a more reasonable figure, and perhaps reduce as many last minute deals with clubs simply in-capable of funding over-inflated last ditch deals? Is this optimistic; is it more likely that we will instead see more fees laden with performance based clauses, and long term payment options? Or alternatively will the financial behemoths of football going to find more legitimate ways to raise cash, or daresay have owners clear their club depths freeing up more revenue to invest in players?

What are your thoughts are we looking towards a more reasonable future, fewer big name moves, shorter contracts, or other attempts to adjust to the financial regulations? Or are prices going to continue to rise forever more, will there be more Ronaldo Esque fees, or is that likely to remain a one off occurence?