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
TT

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



Florentino Pérez Faces First Election for Real Madrid Leadership in 20 Years

Real Madrid's President Florentino Pérez presents his campaign for the club's elections, under the slogan "A lot of history yet to be made", in Madrid, Spain, 27 May 2026. (EPA)
Real Madrid's President Florentino Pérez presents his campaign for the club's elections, under the slogan "A lot of history yet to be made", in Madrid, Spain, 27 May 2026. (EPA)
TT

Florentino Pérez Faces First Election for Real Madrid Leadership in 20 Years

Real Madrid's President Florentino Pérez presents his campaign for the club's elections, under the slogan "A lot of history yet to be made", in Madrid, Spain, 27 May 2026. (EPA)
Real Madrid's President Florentino Pérez presents his campaign for the club's elections, under the slogan "A lot of history yet to be made", in Madrid, Spain, 27 May 2026. (EPA)

For the first time in 20 years, Florentino Pérez's Real Madrid reign will be challenged at the ballot box.

The world’s most valuable and most successful football club will hold elections on Sunday.

Pérez, the 79-year-old executive who for the past two-and-a-half-decades has made Madrid the global powerhouse to beat, will face an upstart rival half his age who is making big promises to convince the club's 98,000 members to consider a change.

Enrique Riquelme, 37, was still a boy when Pérez first took over. He remained unknown to most Madrid fans until he stepped forward as a rival candidate after the incumbent called early elections last month in a press conference dominated by Pérez's claims the Spanish media is trying to "kill" his presidency.

"Why do they want to kill me?" an agitated Pérez told reporters on May 12. "Why? Because there are some kids out there saying they want to run? Well, let them. I would love them to."

Riquelme, a renewable energy executive, has surprisingly been able to mount a credible threat. That's thanks to the backing of former Madrid players like Raúl González and promising huge, and arguably far-fetched, signings like that of Manchester City star Erling Haaland.

Riquelme has the names, but does he have the clout? Riquelme got a big boost when Madrid great Raúl, its record holder for games played, former goalkeeper Iker Casillas and ex-defender Fernando Hierro joined his campaign.

Raúl would be Riquelme’s sports director, a role that doesn’t exist now, while Hierro would oversee its youth academy. Casillas’s exact role was not defined.

Riquelme also said he wanted to sign Spain midfielder Rodri, who has one year left on his contract with City.

But Riquelme’s big lure dangled to voters this week, his claim that "Haaland wants to come to Madrid," prompted City to dismiss any chance of negotiating for the sale of its top-scoring striker who is under contract until 2034.

That didn’t stop Riquelme going on Spain’s state broadcaster TVE and doubling down on his pledge.

"If I am made president of Real Madrid on Sunday, Haaland will play for Real Madrid," he said on Thursday.

Then it was the turn of Haaland's entourage to shoot it down.

"All very entertaining but not true. We wish all the best for both candidates in the Madrid elections," Haaland’s agent, Rafaela Pimenta, told the AP in a short statement on Friday.

"It must be a bluff," was Pérez's opinion.

Pérez has earned status as top dog

Not to be outdone, Pérez said Thursday that next week — after the election — he would announce the "most expensive transfer in the history of Real Madrid," worth, he said, at least 150 million euros ($173 million).

He knows a thing or two about promising apparently impossible signings — and then making them come true. He won his first elections in 2000 when he swore he would sign then-Barcelona forward Luis Figo. And that he did.

Now, Pérez has promised to bring back José Mourinho, Madrid’s coach from 2010-13, and sign Liverpool defender Ibrahima Konaté, a free agent, and Inter Milan’s Denzel Dumfries, if he is given another four years.

While those names are unlikely to thrill all of Madrid’s members, Mourinho’s abrasive style left the fanbase divided, Pérez’s pledges do have the value of being completely credible.

Besides Figo, he has consistently delivered on his transfer targets, from Zinedine Zidane and David Beckham, to Cristiano Ronaldo and, most recently, after years of trying, Kylian Mbappé.

And, regardless of his plans, Pérez's wildly successful record is his best pitch.

In his two stints, from 2000-2006 and from 2009 until now, Madrid has won seven of its record 15 European Cups, along with a slew of other titles, including seven La Liga crowns and three Copa del Reys.

That all has been fueled by healthy finances as it was transformed into a global brand under Pérez, who also runs a major international construction company: Madrid has topped the Forbes Money League of the world’s most valuable football clubs for five consecutive seasons.

But Pérez also has weak spots

Pérez's Super League project meant to transform European soccer and replace UEFA’s Champions League with a club-run competition flopped in the face of backlash from some fans, many smaller clubs, and UEFA.

And so far his bet on Mbappé has not panned out. In the star’s two seasons at Madrid it has won no major titles, while Pérez has parted ways with three coaches in Carlo Ancelotti, Xabi Alonso and Álvaro Arbeloa.

Riquelme is also taking aim at the idea

Pérez floated last year to sell 10% of the club to private investors, a move that would break with 124 years of the member ownership model.

Pérez ran unchallenged when elections were to be held in 2009, 2013, 2017, 2021 and 2025. His latest term was set to expire in 2029.

Riquelme has reiterated previous complaints that changes Pérez's board made to the club statutes in 2012 made it more difficult for members to present a candidacy for the presidency.

Since then, a presidential candidate has had to be a club member for 20 years and have collateral equivalent to 15% of the club budget.

"The most important thing is that after 20 years, due to a complete lack of democracy and impediments year after year so that other members of Real Madrid can run, now the moment to vote has arrived," Riquelme said.

Pérez stepped down in 2006 following a bad season but returned to power in 2009.


Barcelona Teenager Yamal Wins LaLiga Player of the Season Award

Barcelona's Spanish forward #10 Lamine Yamal celebrates scoring his team's third goal during the Spanish league football match between FC Barcelona and RCD Espanyol at the Camp Nou stadium in Barcelona on April 11 , 2026. (Photo by Josep LAGO / AFP)
Barcelona's Spanish forward #10 Lamine Yamal celebrates scoring his team's third goal during the Spanish league football match between FC Barcelona and RCD Espanyol at the Camp Nou stadium in Barcelona on April 11 , 2026. (Photo by Josep LAGO / AFP)
TT

Barcelona Teenager Yamal Wins LaLiga Player of the Season Award

Barcelona's Spanish forward #10 Lamine Yamal celebrates scoring his team's third goal during the Spanish league football match between FC Barcelona and RCD Espanyol at the Camp Nou stadium in Barcelona on April 11 , 2026. (Photo by Josep LAGO / AFP)
Barcelona's Spanish forward #10 Lamine Yamal celebrates scoring his team's third goal during the Spanish league football match between FC Barcelona and RCD Espanyol at the Camp Nou stadium in Barcelona on April 11 , 2026. (Photo by Josep LAGO / AFP)

Barcelona winger Lamine Yamal has been named LaLiga Player of the season, the Spanish league announced on Friday.

The 18-year-old helped Barca retain their domestic crown, became the first player to win the league's Player of the Month award three times in one season and finished as the club's top scorer in La Liga with 16 goals and 11 assists.

Barcelona's Hansi Flick was named the Coach of the Year on Thursday, Reuters reported.

Regarding Yamal, Barca said in a statement: "He is the proverbial headache for opponent defenses, who have to make a real effort to try to stop the blaugrana's attacking threats.

"Beyond the intangibles, the young Catalan scored 16 goals and provided 11 assists, with no other LaLiga player providing that many passes leading to goals."

Yamal, who has been sidelined with groin issues multiple times this term, is expected to be fit for Spain at the World Cup starting next week in Canada, Mexico and the US.

He missed the last six games of the season for Barcelona due to a hamstring injury.

Yamal exploded onto the scene at 16 and was an integral part of Spain's record fourth European Championship triumph in 2024.


FIFA Cancels Dozens of World Cup Tickets Issued for Free by Mistake

04 June 2026, Canada, Toronto: A General view of the Toronto Stadium, during a media tour one week ahead of the first match of the 2026 FIFA World Cup. Photo: Leonardo Ramirez/eyepix via ZUMA Press Wire/dpa
04 June 2026, Canada, Toronto: A General view of the Toronto Stadium, during a media tour one week ahead of the first match of the 2026 FIFA World Cup. Photo: Leonardo Ramirez/eyepix via ZUMA Press Wire/dpa
TT

FIFA Cancels Dozens of World Cup Tickets Issued for Free by Mistake

04 June 2026, Canada, Toronto: A General view of the Toronto Stadium, during a media tour one week ahead of the first match of the 2026 FIFA World Cup. Photo: Leonardo Ramirez/eyepix via ZUMA Press Wire/dpa
04 June 2026, Canada, Toronto: A General view of the Toronto Stadium, during a media tour one week ahead of the first match of the 2026 FIFA World Cup. Photo: Leonardo Ramirez/eyepix via ZUMA Press Wire/dpa

FIFA canceled World Cup tickets for about 60 fans who mistakenly received them for free because of a website error.

The governing body's acknowledgment of the glitch adds to the ongoing controversy surrounding the ticketing program for the tournament in North America, which begins next week.

The tickets were issued at no charge "due to a prior payment issue during the checkout process," FIFA said in a news release on Thursday. The tickets were sold through the official World Cup site on May 21.

"FIFA regrets the error and any inconvenience caused," the statement said, adding that "the tickets requested by these fans remain reserved, and the affected fans have been invited to complete payment of the correct amount."

The high price of tickets for the 2026 FIFA World Cup, which begins on Thursday in Mexico City, has been a hot topic since they went on sale. The costs are considerably higher than any previous World Cup.