When does the 2024 summer transfer window open? Big Premier League deals expected as Mbappe set to complete Real Madrid move

The 2023/24 Premier League season is entering its final weeks and attention is already turning to the summer transfer window.

The 2024 winter transfer window was a bit murky with the majority of Premier League clubs struggling to do business due to financial constraints.

The summer transfer window is set to be a big one for the Premier League

However, the clubs have fundamentally agreed to change the profit and sustainability rules and introduce a new spending cap.

This allows clubs in Europe to spend 70 percent of their revenue and teams outside European competition to achieve 85 percent.

If these changes are approved by the start of the transfer window, many top clubs could free up their spending power, but some will still be limited even under this new system.

Some big changes are still expected across Europe, with Kylian Mbappe, Ivan Toney and Victor Osimhen all likely to find new clubs.

Mbappe’s future is a little clearer than the others, with a move to Real Madrid all but finalized.

When does the summer transfer window open?

There is still no confirmed date from the Premier League regarding the summer transfer window.

Last year, trading was allowed from June 14, two and a half weeks after the end of the season.

However, international deals can only be confirmed from July 1st.

Osimhen is wanted by teams across Europe.

Mark Goldbridge believes the likes of Real Madrid and Bayern Munich have “hijacked” Manchester United in the transfer market in recent years

Of course, there are also two international tournaments taking place this year, with Euro 2024 and Copa America 2024 taking place in the summer.

These do not affect the dates of the window, but many businesses will only get underway after these events have concluded.

The transfer window in Europe closes on the same day, September 1st.

However, countries such as Saudi Arabia and Turkey often extend their trading periods.

This can leave teams vulnerable to late moves, although top clubs could use the Saudi Pro League as a way to ease some of their financial woes.

Riyad Mahrez was one of several Premier League players to move to the Middle East last year.

Four Saudi clubs are now funded by the Public Investment Fund, while Al-Ettifaq has Steven Gerrard as manager, meaning another group of high-profile players is likely to head to the Middle East this summer.

Last year Premier League clubs spent over £2 billion and there will be more money this time too.

However, given the financial situation many teams are in, it would be a surprise if we hit that number again.