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

The 2023/24 Premier League campaign is entering its final weeks and eyes are already turning towards the summer transfer window.

The 2024 winter transfer window has been a bit of a wet one, as financial constraints have limited the majority of Premier League clubs to doing little business.

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However, clubs have agreed in principle to change profit and sustainability rules, with a new spending cap in place.

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

If these changes are approved when the transfer window begins, we could see many top clubs unleash their spending power, but some will still be restricted even under this new system.

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

Mbappe’s future is a little clearer than others, with a move to Real Madrid almost complete.

When does the summer transfer window open?

There is no date yet confirmed by the Premier League regarding the summer transfer window.

Last year, trades were authorized from June 14, two and a half weeks after the end of the season.

But international agreements can only be confirmed from July 1.

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Of course, two international tournaments will also take place this year, with Euro 2024 and Copa America 2024 taking place over the summer.

These will not impact the window dates, but many deals will not start until after these events conclude.

The European transfer window will end on the same day, September 1.

However, countries like Saudi Arabia and Turkey often extend their trading period.

This may leave teams vulnerable to any late moves, although top clubs could use the Saudi Pro League as a way to alleviate some of their financial problems.

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Four Saudi clubs are now financed by the Public Investment Fund, while Al-Ettifaq have Steven Gerrard as manager. It is therefore likely that another group of high-profile players will head to the Middle East this summer.

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

But it would be surprising if we reached that figure again, given the financial situation many teams find themselves in.