This January was the transfer window that proved the Premier League administrators right: No good will come of the game of football while clubs are allowed to spend their way out of trouble halfway through the season. Premier League clubs spent 130 million pounds to bring in new players in the most recent January transfer window, according to the Sports Business Group at Deloitte. The Premier League top brass has made little secret that it is in favor of permanently shutting the January transfer window, but only if the rest of Europe follows suit. The Premier League believes that the January transfer window takes away opportunities from younger players to establish themselves in the top flight because the easier solution is to buy an established player halfway through the season rather than risk a younger squad player. There was plenty of evidence to suggest that the body has a point. The Premier League clubs sent 78 of their young players out on loan, principally across the Football League, while spending 130 million pounds on signings from abroad (65 million pounds), other Premier League clubs (55 million pounds) or Football League sides (10 million pounds). The driver in January is fear of losing the huge amounts of money that come from either qualification for the Champions League or relegation to the Football League. To that end, Chelsea and Manchester United forked out 60 percent of the total spend in January to keep up their challenge for the top four. Due to this, there could possibly never be an end to the January transfer window.
http://espnfc.com/blog/_/name/onthemove/id/17422?cc=5901
Very nice posting–lots of detail and sharing your thoughts!