The Borrowers: How Loan Deals Took Over the January Transfer Window

 Clockwise from left: Daniel Sturridge; Ethan Ampadu; Jermain Defoe; Aleksandar Mitrovic; and Nathaniel Clyne. Photograph: Action Images/Reuters, AFP/Getty Images and Rex/Shutterstock
Clockwise from left: Daniel Sturridge; Ethan Ampadu; Jermain Defoe; Aleksandar Mitrovic; and Nathaniel Clyne. Photograph: Action Images/Reuters, AFP/Getty Images and Rex/Shutterstock
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The Borrowers: How Loan Deals Took Over the January Transfer Window

 Clockwise from left: Daniel Sturridge; Ethan Ampadu; Jermain Defoe; Aleksandar Mitrovic; and Nathaniel Clyne. Photograph: Action Images/Reuters, AFP/Getty Images and Rex/Shutterstock
Clockwise from left: Daniel Sturridge; Ethan Ampadu; Jermain Defoe; Aleksandar Mitrovic; and Nathaniel Clyne. Photograph: Action Images/Reuters, AFP/Getty Images and Rex/Shutterstock

It is a time of year to beg, borrow and steal in the football world, especially in England, where the January transfer window is again expected to be dominated by loan deals. Only 37 of the 178 players leaving Premier League clubs last January moved permanently and close to one in every three of the incoming signings in the top flight – a ratio that for the second successive year was twice as high as in the summer – joined on a temporary basis.

Halfway through the season is normally short-term fix territory rather than a buyer’s market, which partly explains the prevalence of loans. Yet arguably the biggest factor is the sheer number of professionals that Premier League clubs have on their books these days and the need to find regular first-team football for as many as possible while recouping a bit of money at the same time.

Some players will be high-profile and out of favour – see Jermain Defoe, who has just joined Rangers on loan from Bournemouth; Liverpool’s Nathaniel Clyne, who has signed for Eddie Howe’s side until the end of the season; and Chelsea’s Gary Cahill. The majority, though, will be younger players who are some way off the first team and are, in the eyes of senior figures at their clubs, neither developing in a competitive environment by playing under-23 football nor increasing their value. Playing in the EFL ticks both boxes, potentially.

A spotlight shines on Chelsea for good reason when it comes to this sort of story, but a trawl through last January’s loan deals reveals that Brighton, Newcastle and Watford sanctioned more departures – double figures in each case – than anyone else. Chelsea, of course, already had plenty of players farmed out from the summer but the bottom line is that more and more top-flight clubs are adopting a proactive approach when it comes to the loan market.

Yet despite loans being so commonplace now, the framework of the deal remains loose, right down to fundamental details such as exactly what “until the end of the season” means. That aspect of a loan – the finishing point – is an area of negotiation with almost every deal given that player contracts run until 30 June and the last game of the season is usually at least six weeks earlier. At the top end that could equate to another £500,000, which is a lot of money to pay somebody else’s employee to sit on the beach.

It may be surprising to learn that some players not only get their wages covered in full by the club they are joining but also receive a substantial sum on top. In fact, the complaints of one Premier League player about all the time he had spent on loan earlier in his career raised a few eyebrows within his former club, given that at one stage he was happily picking up an additional five-figure sum every week, on top of his basic wage, for playing in the Championship.

With more sought-after players the parent club will always expect wages to be paid in their entirety. In some cases there will also be a one-off loan fee – incredibly, an eight-figure sum was quoted for one out-of-favour former England international in the summer – as well as add-ons in the event of a player helping a club avoid relegation or win promotion.

That extra outlay is a price worth paying if everything comes off – Aleksandar Mitrovic’s impact at Fulham last season is a case in point. The key word in that sentence, however, is “if”. This time last year West Brom took Daniel Sturridge on loan in the hope that he would score the goals to keep them up but because of injury they got only 116 minutes of football out of the Liverpool striker in exchange for £3.8m. On that same theme Crystal Palace had some fitness concerns in relation to Dominic Solanke and pulled out of signing the forward this week because Liverpool were against the idea of linking part of the loan fee to appearances.

While a team’s playing style and the manager’s reputation are important considerations when loaning out younger players, contacts make a big difference too. Frank Lampard, Derby’s manager, has two Chelsea loanees and would take a third – four from one club is the maximum in the EFL – if Maurizio Sarri agreed to allow Ethan Ampadu out. That is understood to be unlikely as things stand.

Loan rules differ in the Premier League, where only one player from the same club is permitted at a time. Clubs are also allowed a maximum of only two domestic loans at a time. Yet there is no limit on international loans, which means a struggling Premier League club can transform its starting XI in January without making a permanent signing. Two years ago Hull brought five players in on loan and almost survived.

Business has already been brisk this time around and, as the days tick by, it will be interesting to see what becomes of players such as Everton’s Morgan Schneiderlin, Vincent Janssen at Spurs, Leicester’s Adrien Silva, Divock Origi at Liverpool and Chelsea’s Danny Drinkwater, all of whom cost a fair few quid and could do with a new home – temporary or otherwise – to revive their careers.

The Guardian Sport



Sinner Sees off Popyrin to Reach Doha Quarters

 Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)
Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)
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Sinner Sees off Popyrin to Reach Doha Quarters

 Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)
Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)

Jannik Sinner powered past Alexei Popyrin in straight sets on Wednesday to reach the last eight of the Qatar Open and edge closer to a possible final meeting with Carlos Alcaraz.

The Italian, playing his first tournament since losing to Novak Djokovic in the Australian Open semi-finals last month, eased to a 6-3, 7-5 second-round win in Doha.

Sinner will play Jakub Mensik in Thursday's quarter-finals.

Australian world number 53 Popyrin battled gamely but failed to create a break-point opportunity against his clinical opponent.

Sinner dropped just three points on serve in an excellent first set which he took courtesy of a break in the sixth game.

Popyrin fought hard in the second but could not force a tie-break as Sinner broke to grab a 6-5 lead before confidently serving it out.

World number one Alcaraz takes on Frenchman Valentin Royer in his second-round match later.


Ukraine's Officials to Boycott Paralympics over Russian Flag Decision

Milano Cortina 2026 Winter Olympics - Skeleton - Interview with Ukraine Youth and Sports minister Matvii Bidnyi - N H Hotel, Milan, Italy - February 12, 2026 Ukraine Youth and Sports Minister Matvii Bidnyi speaks after the disqualification of Ukrainian skeleton racer Vladyslav Heraskevych from the Winter Games. REUTERS/Kevin Coombs
Milano Cortina 2026 Winter Olympics - Skeleton - Interview with Ukraine Youth and Sports minister Matvii Bidnyi - N H Hotel, Milan, Italy - February 12, 2026 Ukraine Youth and Sports Minister Matvii Bidnyi speaks after the disqualification of Ukrainian skeleton racer Vladyslav Heraskevych from the Winter Games. REUTERS/Kevin Coombs
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Ukraine's Officials to Boycott Paralympics over Russian Flag Decision

Milano Cortina 2026 Winter Olympics - Skeleton - Interview with Ukraine Youth and Sports minister Matvii Bidnyi - N H Hotel, Milan, Italy - February 12, 2026 Ukraine Youth and Sports Minister Matvii Bidnyi speaks after the disqualification of Ukrainian skeleton racer Vladyslav Heraskevych from the Winter Games. REUTERS/Kevin Coombs
Milano Cortina 2026 Winter Olympics - Skeleton - Interview with Ukraine Youth and Sports minister Matvii Bidnyi - N H Hotel, Milan, Italy - February 12, 2026 Ukraine Youth and Sports Minister Matvii Bidnyi speaks after the disqualification of Ukrainian skeleton racer Vladyslav Heraskevych from the Winter Games. REUTERS/Kevin Coombs

Ukrainian officials will boycott the Paralympic Winter Games, Kyiv said Wednesday, after the International Paralympic Committee allowed Russian athletes to compete under their national flag.

Ukraine also urged other countries to shun next month's Opening Ceremony in Verona on March 6, in part of a growing standoff between Kyiv and international sporting federations four years after Russia invaded.

Six Russians and four Belarusians will be allowed to take part under their own flags at the Milan-Cortina Paralympics rather than as neutral athletes, the Games' governing body confirmed to AFP on Tuesday.

Russia has been mostly banned from international sport since Moscow invaded Ukraine. The IPC's decision triggered fury in Ukraine.

Ukraine's sports minister Matviy Bidny called the decision "outrageous", and accused Russia and Belarus of turning "sport into a tool of war, lies, and contempt."

"Ukrainian public officials will not attend the Paralympic Games. We will not be present at the opening ceremony," he said on social media.

"We will not take part in any other official Paralympic events," he added.

Ukrainian Foreign Minister Andriy Sybiga said he had instructed Kyiv's ambassadors to urge other countries to also shun the opening ceremony.

"Allowing the flags of aggressor states to be raised at the Paralympic Games while Russia's war against Ukraine rages on is wrong -- morally and politically," Sybiga said on social media.

The EU's sports commissioner Glenn Micallef said he would also skip the opening ceremony.

- Kyiv demands apology -

The IPC's decision comes amid already heightened tensions between Ukraine and the International Olympic Committee, overseeing the Winter Olympics currently underway.

The IOC banned Ukrainian skeleton racer Vladyslav Heraskevych for refusing to ditch a helmet depicting victims of the war with Russia.

Ukraine was further angered that the woman chosen to carry the "Ukraine" name card and lead its team out during the Opening Ceremony of the Games was revealed to be Russian.

Media reports called the woman an anti-Kremlin Russian woman living in Milan for years.

"Picking a Russian person to carry the nameplate is despicable," Kyiv's foreign ministry spokesman Georgiy Tykhy said at a briefing in response to a question by AFP.

He called it a "severe violation of the Olympic Charter" and demanded an apology.

And Kyiv also riled earlier this month at FIFA boss Gianni Infantino saying he believed it was time to reinstate Russia in international football.

- 'War, lies and contempt' -

Valeriy Sushkevych, president of the Ukrainian Paralympic Committee told AFP on Tuesday that Kyiv's athletes would not boycott the Paralympics.

Ukraine traditionally performs strongly at the Winter Paralympics, coming second in the medals table four years ago in Beijing.

"If we do not go, it would mean allowing Putin to claim a victory over Ukrainian Paralympians and over Ukraine by excluding us from the Games," said the 71-year-old in an interview.

"That will not happen!"

Russia was awarded two slots in alpine skiing, two in cross-country skiing and two in snowboarding. The four Belarusian slots are all in cross-country skiing.

The International Paralympic Committee (IPC) said earlier those athletes would be "treated like (those from) any other country".

The IPC unexpectedly lifted its suspension on Russian and Belarusian athletes at the organisation's general assembly in September.


'Not Here for Medals', Nakai Says after Leading Japanese Charge at Olympics

Ami Nakai of Japan competes during the women's short program figure skating at the 2026 Winter Olympics, in Milan, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Ashley Landis)
Ami Nakai of Japan competes during the women's short program figure skating at the 2026 Winter Olympics, in Milan, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Ashley Landis)
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'Not Here for Medals', Nakai Says after Leading Japanese Charge at Olympics

Ami Nakai of Japan competes during the women's short program figure skating at the 2026 Winter Olympics, in Milan, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Ashley Landis)
Ami Nakai of Japan competes during the women's short program figure skating at the 2026 Winter Olympics, in Milan, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Ashley Landis)

Ami Nakai entered her first Olympics insisting she was not here for medals — but after the short program at the Milano Cortina Games, the 17-year-old figure skater found herself at the top, ahead of national icon Kaori Sakamoto and rising star Mone Chiba.

Japan finished first, second, and fourth on Tuesday, cementing a formidable presence heading into the free skate on Thursday. American Alysa Liu finished third.

Nakai's clean, confident skate was anchored by a soaring triple Axel. She approached the moment with an ease unusual for an Olympic debut.

"I'm not here at this Olympics with the goal of achieving a high result, I'm really looking forward to enjoying this Olympics as much as I can, till the very last moment," she said.

"Since this is my first Olympics, I had nothing to lose, and that mindset definitely translated into my results," she said.

Her carefree confidence has unexpectedly put her in medal contention, though she cannot imagine herself surpassing Sakamoto, the three-time world champion who is skating the final chapter of her competitive career. Nakai scored 78.71 points in the short program, ahead of Sakamoto's 77.23.

"There's no way I stand a chance against Kaori right now," Nakai said. "I'm just enjoying these Olympics and trying my best."

Sakamoto, 25, who has said she will retire after these Games, is chasing the one accolade missing from her resume: Olympic gold.

Having already secured a bronze in Beijing in 2022 and team silvers in both Beijing and Milan, she now aims to cap her career with an individual title.

She delivered a polished short program to "Time to Say Goodbye," earning a standing ovation.

Sakamoto later said she managed her nerves well and felt satisfied, adding that having three Japanese skaters in the top four spots "really proves that Japan is getting stronger". She did not feel unnerved about finishing behind Nakai, who also bested her at the Grand Prix de France in October.

"I expected to be surpassed after she landed a triple Axel ... but the most important thing is how much I can concentrate on my own performance, do my best, stay focused for the free skate," she said.

Chiba placed fourth and said she felt energised heading into the free skate, especially after choosing to perform to music from the soundtrack of "Romeo and Juliet" in Italy.

"The rankings are really decided in the free program, so I'll just try to stay calm and focused in the free program and perform my own style without any mistakes," said the 20-year-old, widely regarded as the rising all-rounder whose steady ascent has made her one of Japan's most promising skaters.

All three skaters mentioned how seeing Japanese pair Riku Miura and Ryuichi Kihara deliver a stunning comeback, storming from fifth place after a shaky short program to capture Japan's first Olympic figure skating pairs gold medal, inspired them.

"I was really moved by Riku and Ryuichi last night," Chiba said. "The three of us girls talked about trying to live up to that standard."