Transfer deadline day has got off to a brisk start with several loan and free transfer deals being completed by Football League clubs.
Clubs have until 1700 GMT to register any loan or permanent switches at the Football League's Preston HQ.
But the Football League says it does not expect many cash deals to go ahead.
League spokesman John Nagle said: "Many clubs are still in the process of re-adjusting their finances. I doubt we'll see much money changing hands."
But the trend towards loan and free signings has given the league cause for concern and it is to continue its push to have domestic transfer windows scrapped.
"The decrease in transfer activity across football continues to have a negative effect on league clubs," added Nagle.
"We are continuing with our efforts to persuade Fifa to dispense with transfer windows on a domestic basis.
"We believe transfer values should be determined by market forces rather than artificial restrictions."
But Nagle does believe the introduction of a 'salary-cap-style' system in Division Three has gone a long way to ensuring smaller clubs will develop a sounder financial footing.
He added: "There is growing evidence that Division Three clubs in particular are getting a grip on wage costs.
"They have been operating under an experimental protocol that restricts spending on total staff wages to 75% of turnover and player wages to 60% of turnover.
"Next season Division Two clubs will also be subject to this protocol.
"Consequently there is downwards momentum in the numbers of players being employed and the number being given one-year contracts is on the increase.
"Now, 12-month deals represent about 30% of new contracts being registered with the Football League."
LOAN PLAYER RESTRICTIONS
- A club can sign eight short-term loans (28-93 days) during the course of the season, but no more than four at any one time
- A club can also have up to four long-term loans during the course of the season.
- A long-term loan lasts for the rest of the season and must be in place before 31 December; The player must be under 23.
- For any game a club can field a maximum of five loan players (either short or long loans) in their 16-man squad