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



Bellingham's Late Goal Gives 10-man Real Madrid Comeback Win at Valencia

Soccer Football - LaLiga - Valencia v Real Madrid - Estadio de Mestalla, Valencia, Spain - January 3, 2025 Real Madrid's Jude Bellingham celebrates with Kylian Mbappe after scoring their second goal REUTERS/Pablo Morano
Soccer Football - LaLiga - Valencia v Real Madrid - Estadio de Mestalla, Valencia, Spain - January 3, 2025 Real Madrid's Jude Bellingham celebrates with Kylian Mbappe after scoring their second goal REUTERS/Pablo Morano
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Bellingham's Late Goal Gives 10-man Real Madrid Comeback Win at Valencia

Soccer Football - LaLiga - Valencia v Real Madrid - Estadio de Mestalla, Valencia, Spain - January 3, 2025 Real Madrid's Jude Bellingham celebrates with Kylian Mbappe after scoring their second goal REUTERS/Pablo Morano
Soccer Football - LaLiga - Valencia v Real Madrid - Estadio de Mestalla, Valencia, Spain - January 3, 2025 Real Madrid's Jude Bellingham celebrates with Kylian Mbappe after scoring their second goal REUTERS/Pablo Morano

Jude Bellingham missed a penalty but scored a late winner and Vinicius Jr. was sent off as 10-man Real Madrid fought back in the most dramatic of fashions to beat Valencia 2-1 and return to the top of La Liga on Friday, The Associated Press reported.
Luka Modrić’s 85th minute equalizer and Bellingham’s stoppage time winner ensured that Madrid avoided back-to-back defeats in La Liga for the first time since 2019.
The win took it to 43 points, two above city rival Atletico, albeit having played a game more.
The match at the Mestalla pitted second from bottom against second from top and it was the struggling home side which took the lead after 27 minutes. Hugo Duro stabbed the ball into the empty net after it came back off the post.
Madrid came into the game more in the second half but it looked like it would be a frustrating night for the capital club.
Kylian Mbappé won a penalty after 55 minutes but Bellingham’s shot hit the post and moments later the Frenchman himself saw a goal disallowed after a video review.
Things got worse for Real with 11 minutes remaining when Vinicius pushed goalkeeper Stole Dimitrievski and the referee, after a long video review, showed the Brazilian a red card.
However, Real is never out of it and Carlo Ancelotti’s late changes turned the game around.
Modrić came on in the 80th and it took the 39-year-old Croatian just five minutes to make his mark, dancing through a sea of defenders and poking home the equalizer.
Even with a man less there was a sense of inevitability as Real pushed for a winner, and five minutes into added time Bellingham made up for his earlier miss.
Valencia defender Hugo Guillamón seemed to slip and lay the ball into the path of the advancing Englishman, who made no mistake with only the keeper to beat.
Even then the drama was not over. Valencia deserved to take something from the match and Luis Roja almost got an equalizer with the last kick of the game. He watched in agony as his long-range shot came back off the post.
Valencia stayed second from bottom.
Earlier, fourth-tier club Pontevedra dispatched high-flying La Liga side Mallorca 3-0 to move into the last 16 of the Copa de Rey.
Dalisson de Almeida scored from almost 40 yards to make it 1-0 after 21 minutes, Yelko Pino doubled the lead with a cracking volley four minutes into the second half, and then Rufo rounded off the perfect night with 18 minutes left after a shocking defensive lapse.
The Galician side knocked out Villarreal in the last round.
In the night’s other games, top-tier clubs Rayo Vallecano and Getafe progressed.
Getafe needed extra time to beat second-division Granada in southern Spain. After a goalless match, Borja Mayoral got the only goal in the 93rd minute to put the visitor through.
Rayo Vallecano made swift work of second-tier Racing Ferrol. Alfonso Espino and Jorge de Frutos put the visitors 2-0 up before halftime and Frutos grabbed a third on the hour mark.
Álvaro Giménez scored a late consolation for the home side.