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The deadline for new loans is 5pm today according to the BBC.
After that time loans can only be made under special circumstances, usually when a goalkeeper is no longer available. Any loan signings made today would be eligible for the remainder of the season, providing they do not exceed the 93 day maximum short term loan period at any one club.
Today is also the last day clubs can enter Administration without the points penalty being deferred. After today, the application of the ten point deduction will be entirely down to the Football League who will choose whether to impose the penalty this season or next. A number of clubs are rumoured to be sailing close to the wind financially, but none are expected to file Administration today.
