As someone said above (I can't remember who, sorry!), it seems we have to 'consult' UEFA with each transfer given our current restrictions and agreement with them. There is no way we agree to this loan deal and then find out after the fact that UEFA consider it a swap. It might be that the consultation with UEFA is the reason it's taking so long to announce it after the deal was agreed between the clubs. We won't pull the trigger unless UEFA sign off that it's not a 'swap'?