Welcome to you all back to Victoria Park for this afternoon's Coca Cola League One match against Leeds United.

Last week's game at Norwich was another case of not taking our chances and ending up dropping all three points. We had a number of good opportunities to get back on level terms and maybe even win the game in the second half but failed to find the net. Once again, we went ahead in the game but lost our concentration and conceded an equaliser straight from the re-start. Remain focused comes to mind.

I noticed an article in the papers in early January regarding the Transfer Window which stated that this is not a good time to bring in players. The article stated that few, if any, Premier League clubs would venture into the market this month due to the "disasters" that have been bought in previous years.

Players such as Fernando Morientes, who cost Liverpool £6.5m only to return to Spain very soon after, Jean-Alain Boumsong, who Newcastle paid Rangers £8m for, and Afonso Alves who Middlesbrough paid £12.7m for are all prime examples of the dangers of buying at this time of the year. If players are available at this time of the season, there's usually a very good reason!!

As per the newspaper report, there has certainly not been a lot of permanent transfer activity in the January Transfer Window, with the vast majority of moves being loan deals.

The only major permanent deals involving Premier League teams on Transfer Deadline Day were Wigan's purchase of Victor Moses from Crystal Palace, Benni McCarthy moving from Blackburn Rovers to West Ham, Adam Johnson leaving Middlesbrough for Manchester City and Portsmouth reserve keeper Asmir Begovic moving to Stoke City - all for "undisclosed" fees.

Permanent moves earlier in the Window included Michel signing for Birmingham from Sporting Gijon, Younes Kaboul moving from Portsmouth to Tottenham Hotspur, Craig Gardner moving across the city from Aston Villa to Birmingham City and Leon Cort from Stoke City to Burnley while Manchester City also picked up ex Arsenal midfielder Patrick Vieira from Inter Milan. Manchester United also signed a pre-contract agreement with Fulham to take Chris Smalling, a one-time target of Pools, to Old Trafford at the end of the season for a fee, according to the newspapers, of £7m which could go up to £12m.

Middlesbrough were the busiest club during the Window, bringing in no less than eight players, six on permanent deals. Gordon Strachan went back to his old club Celtic for no less than six of the eight signings, striker Lee Miller from Aberdeen and Kyle Naughton on loan from Tottenham being the exceptions.

Newcastle United have brought in a number of loan signings plus the permanent signings of Danny Simpson from Manchester United, Mike Williamson from Portsmouth, Wayne Routledge from Crystal Palace and Leon Best from Coventry City while Sunderland's only big purchase has been Matthew Kilgallon from Sheffield United.

In our League, the bigger clubs were the main ones involved with Southampton bringing in Southend striker Lee Bernard, Jose Fonte from Crystal Palace and Plymouth's Jason Puncheon while Leeds took Max Gradel from Leicester City and Norwich brought in Oli Johnson from Stockport County and Zak Whitbread from Millwall earlier in the month.

Monday was indeed a very busy day with almost eighty deals, mostly loans, being completed and over 220 other deals during January, showing that this is still a very busy period.

Back to the Premier League and in 2009 a total of £190m was spent on transfers but this year it will be less than half that amount. Most clubs are spending 80%-90% of their gross revenue on salaries (for example, Wigan pay 90% on wages).

These economics are frightening and not sustainable and clubs do now have problems, not least with HMRC who want payment from Portsmouth and seven other Football League clubs. So what caused all this money merry-go-round? Everyone blames the Sky TV money which is part of it but as recently stated by David Sullivan, the new owner of West Ham United, the influx of big money from Russia and the Middle East has increased the wage spiral.

Let's hope they all are in it for the long haul, because if Sky revenue drops and foreign ownership ceases there will be more than Portsmouth fighting for survival.

Back to today's game and we hope to welcome a big crowd to Victoria park this afternoon as we look to avenge the defeat at Elland Road on Boxing Day, another game in which we took the lead before conceding two controversial goals before half-time and a third midway through the second half. We are looking for and need a win today - but we must focus for 90 minutes plus any "Fergie time".