The official end to the summer transfer window doesn’t come until September 1, but for some clubs there is another date circled with red pen in their calendars.
June 30 is an important date for football clubs. The football financial year runs from July 1 to June 30, with player contracts also expiring when June turns to July. But there is another reason why June 30 is an important date.
Friday is the last opportunity for some teams to sell off unwanted players in order to bolster their financial accounts for the 2022/23 season. Financial fair play compliance is a serious consideration for some who have overspent over the past year.