Sometimes it is better to keep your players in team, than to buy somebody from transfer list. Here it is how you can do it:
1. Go to Squad Screen
2. From the drop down list select "Contract details"
3. From the list see what contracts are expiring
4. Click on the desired player
5. Click Renew button on the right
There you can also find "Sack" and "Sell" buttons if you decide that you don't need that player anymore.
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