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Interestingly, after a quick Google and a bit of a read it looks like (oh what a waste of a lunch break) either of us could actually be right. According to the football league website; 64.2 Any Club wishing to reengage a Contract Player whose contract is due to expire on 30 June must, save as...

I could be wrong, probably am, but I thought it was the last month of their contracts for domestic transfers with 6 months for everywhere else?