The January transfer window: how do transfers work? Are there rules?

Clubs don’t just cut corners on spending.

That’s because of the Premier League’s profit and sustainability rules (PSRs), which state that over a three-year period, clubs must not report losses of more than £105m.

Last season, Everton and Nottingham Forest were hit with point deductions after breach of PSRs. PSRs have been criticized by some clubs because you are too strict.

Clubs must submit a squad list after the end of the transfer window.

A maximum of 25 players can be named in the squad list, and at least eight of which must be ‘home, APART grew up’., APART These are players who have been registered with any club affiliated to the Football Association (FA) or the Football Association of Wales “for a period, continuous or not, of three full seasons, or 36 months, before his 21st birthday”.

However, clubs can still bring in players under the age of 21 as they sit outside the squad size restrictions. For the 2024-25 season, these players must have been born on or after 1 January 2003.

Clubs can only have two players from other English clubs on loan at any one time.