Create a team feature, HELP!

[Jazz Hands]

I've tried to set up up a couple of team in the 'create a team' feature, on one of these times, a Leeds variant, after I had spent, literally hours honing a killer squad for the 190m available, it loads only to find that i have 6 loans that cannot be terminated, totally 21% of my entire wage budget!! So now I can't sign any staff  and i'm completely buggered! I had to just bin it! But how do you stop ths? Or is it a terminal bug? Surely if Im picking my squad there should be no other deals going on. It's a new team after all, even though it is layered on top of a real club! Also, related to this. Can I add players that have already sgned to join another team? Does the game override this? There is a box to tck that says 'Exclude future transfers out', but i don't know what that means, it's a bit ambiguous!

Cheers, Jezz