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Homegrown and loans? (in Premiership)


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Is it true that I can loan out all my under 21s and they will still be recogonised as being at my club when the homegrown calculations happen?

Basically, can I sign a 17/18 year old of any nationality and loan him out for 3 years and when he comes back he will be a HG player?

Is this correct?

Thanks.

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