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Are Transfer Windows a Scam? | How PSR Is Reshaping Football’s Transfer Market

Are Transfer Windows a Scam? | How PSR Is Reshaping Football’s Transfer Market

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Why were transfer windows brought in? Have they made football fairer—or just fuelled chaos, inflated fees, and panic spending?


In this episode of Beyond The Back Four, Sam Homewood sits down with football finance expert Kieran Maguire and transfer insider Graeme Bailey to unpack:

  • The origins of the transfer window system
  • How limiting squad building drives massive fees
  • The growing impact of PSR (Profit & Sustainability Rules) on top clubs
  • Chelsea’s spending strategy & compliance risks
  • Arsenal & Liverpool’s recruitment model under pressure
  • What football could look like if windows were scrapped


This is your deep dive into the economics of the transfer market and the rules shaping the modern game.


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