It's been a low-key transfer window as the Premier League’s Profitability and Sustainability Rules showed their teeth.

Saudi spending paused, the “Chelsea loophole” closed and clubs instead left scouring the market for loans or cut-price deals.

The summer, however, things could ramp up again though clubs will start to work with two deadlines in mind!

Ayo Akinwolere is joined by The Athletic's Oli Kay and Joey D'Urso to discuss the impact of financial restrictions on the state of the transfer market and whether or not the paralysis could continue into the summer market.

James Horncastle, Dermot Corrigan and Seb Stafford-Bloor also drop by to paint the picture across Europe explaining the financial landscape in Italy, Spain and Germany respectively.

Produced by Guy Clarke

Executive Producer: Adey Moorhead

Further reading:

What Europe’s leading clubs will need to do in the summer of two transfer deadlines - The Athletic

What is PSR and why do Premier League rules only allow clubs to lose £105m? - The Athletic

Hosted on Acast. See acast.com/privacy for more information.