From next summer English clubs won't be able to purchase players after the beginning of the season, so we'll see transfer deadline day moved to August 9.
However, the decision also means EPL clubs will not be able to buy players when their season is under way, while other European leagues will continue to permit transfers until Aug 31, including purchases from the EPL.
Now Sky Sports are among those reporting that United and City were among five top flight clubs that refused to back the changes to the transfer window, with Swansea, Crystal Palace and Watford joining them in that position and Burnley abstaining from the vote altogether.
Based on income estimates for the Premier League's 20 clubs this season, the 1.4 billion pounds of new signings represent an average of 31 percent of total revenue per club, down from 2008-09, when the figure peaked at 34 percent. Clubs will still be allowed to sell players to other leagues where the transfer window is still open.
A number of transfers usually take place in the last two weeks and managers were fed up with players whose attention was diverted by a potential move.
Ronald Koeman was dead right earlier this week when he said that voting to close the window for English clubs without reciprocation from other leagues was "silly".
Juventus general manager Beppe Marotta said: "The Premier League's decision to end the transfer window early is wise".
The start to the Premier League season will be a bit less frenzied for players and clubs in the future. For me, if this period is shorter it is better.
However, it is hoped that the adjustment will stop the sort of damaging uncertainty that cast a real shadow over the first three weeks of the season with the likes of Alexis Sanchez, Virgil van Dijk, Danny Drinkwater and Gylfi Sigurdsson all the subject of high-profile domestic transfer wrangles.
UEFA is already exploring the idea of closing the transfer window at the end of July.
"For the last 15 years, annual transfer spending has remained within the range of between a fifth and a third, and averaged at around a quarter, of total revenues". The flip side to that is of course clubs will have to be much more proactive, possibly pay even more inflated prices with a smaller window to conclude deals and, for players who harbour dreams of a move elsewhere, less time to find new employers.
"What is certain is that it's good that everyone has the same date", he said.
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