Football loans and transfer - what's the difference?

[invicta]

What's the difference between football transfers and footballers being on-loan?

If you transfer you leave one club and are 'brought' by the other. If your on loan you are employed by club a but club b pays you and club a to play for them for a set time. After that period is up club a can either recall you or sell or loan again.

Am I right in that loans can occur all throughout the year, whilst transfers occur in January and July?

No there's a loan window.

This article gives a good outline if when you can loan but it's DM www.dailymail.co.uk/sport/football/article-2274879/Football-League-loan-window-explained.html

The transfer System has two trading periods up to the End of August and the second period from January 1st to the 31st. I have heard of emergency loans if club has no Goalkeepers available due to suspension or injuries but I think (Certainly Premiership Clubs can only Loan players to each other in the Transfer windows) Football league clubs might have a different arrangement regarding Loan moves.

There is no difference in the salary; a footballer loaned or transferred gets paid £10k to well over £200k A WEEK, to kick a ball, whether he gets to kick that ball on match day or not.

No salary envy here though, strange.