Napoli coach Rafa Benitez says he's having to work to a strict transfer budget.
Benitez has shed some light on some of the problems managers face during the window and explained why the loan market is so important.
In his column with The Independent, Benitez said: "In Serie A, 76 per cent of transfers were loans. There are specific reasons for that.
"Firstly, the acquiring club can get to know the player and see if he will adapt to the style of the team. Secondly, the 'releasing' club loses the wages.
"We've seen an economic crisis which affects the ability of clubs to spend, in some of the continental countries. I know there has been talk about austerity economics in England and elsewhere and we can say that loans are an idea for times of austerity."
