This transfer window has sent a shockwave throughout British if not european football - the bubble has burst.
To attract the right quality, clubs paid inflated values and wages to secure players hoping if they showed promise they could pass them on at a better price.
This window, just 21 million pounds changed hands which leaves clubs with massively over valued and over paid squads that owners and acccountants know they cant liquidate. We could see major financial stress outside the top 5-7 clubs in the premiership and the first division as players inevitably see their contracts run down and clubs cant recoup their investment. Similarly they´ll have to continue paying unworkable wages knowing they´re throwing good money after bad.
It looks bleak and if the summer window is a re-run of the january window then expect to see clubs go bust as they have to revalue their assets and right off tens of millions of pounds of over stated worth. Oooopps.