"When I was at the Premier League we always took the view that, given the money in the Premier League, you didn't need loans - you should be able to stand on your own two feet," said the former chief executive at the Premier League.
"There is enough money around to make transfer deals permanent. That stood for over 10 years. It's only in the last two or three years we have had the loan system in the Premier League."
"It worked fine without it. There is a sense that it can be open to abuse but clearly it was the will of the clubs to allow the relaxation of it and clearly the majority are in favour."