This is the week all fledgling footballers dread, when many be told their services are no longer required and the search for a new club begins.
In years gone by this was the period when an irish teenager's dream of becoming a professional footballer would come to a sudden end. While some would be lucky enough to win a contract at another club, most would have to abandon their hopes of playing football for a living.
It is a cycle that comes around every year, so in order to ease the fall that youngsters suffer - 50 or more Irish aspirants are expected to be left in limbo this year - there are a number of initiatives taking place this summer with organisations eager to help them get their careers back on track.
The London-based FA recently held a three-day course at the University of Warwick for players who are about to be released by Premier League clubs and it attracted scouts from various interested parties.
One of those standing on the sidelines monitoring each player was a representative from the Glenn Hoddle Academy.
The former England manager set up his Spain-based academy in 2008 in the hope of convincing generations of recently-released players not to give up on their dreams.
There have been two Irish graduates from the academy and both Michael Noone and Chris Fagan are now playing in the Spanish second division for Jerez Industrial CF - and have their sights set a lot higher.
'When your club tells you that you are being released you automatically think it is the end of the world. In my case, Millwall let me go and I wasn't sure what to do next,' Noone told Sportsmail.
'I went on trial to a few different clubs, but I could tell that none of them were really interested in me because I had never played a senior game for Millwall. It sounds odd but that counts for a lot when you go on trial.
'Then the opportunity came to go to the Glenn Hoddle Academy. I wasn't too sure about it at first, but gave it a go and I'm glad that I did as it helped me to improve as a player.
'All of the coaching and training is top class. I arrived as a central midfielder, but they advised me to try out at left back.
'Now I've been playing for a club in Spain as a left back and hope to get back to England this summer and give it another go.'
Noone feels that he is a better player now thanks to the time spent at the academy and playing regularly for a team in Spain. It has helped, too, that Fagan, a Dubliner released by Manchester United, and six English youngsters also play for the same team.
Fagan originally went from the Hoddle camp to Lincoln City in League Two, but was loaned out to Jerez earlier this year as manager Chris Sutton wanted him to play more games.
Lincoln will welcome him back for next season, but Noone is not sure what the future holds. There has been some interest due to his time in Spain, although he knows that nothing is guaranteed.
'The move to Spain has worked out well as now a few clubs will be more interested in seeing me play. That wasn't the case before I joined the Glenn Hoddle Academy,' he said.
'I'm hoping to impress during a few trials this summer with clubs in England, but if it doesn't work out there then I don't mind playing abroad. All I know is that I'm not giving up on trying to become a footballer just yet.'
Noone has represented Ireland at Under 15, U16 and U18 level as he qualifies through a Longford-born mother and Mayo-born father. He says that moving to the Airtricity League is an option, but he wants to try his luck in England first.
With so many other Irish youngsters joining him in the pursuit if landing a contract with an English club, the 21-year-old thinks that he will have a slight advantage due to the game that he took when he enrolled in the Hoddle academy.
Perhaps other Irish players will go down that route, but with the PFAI also setting up a training camp next month for released players, they are certainly not short on options for resuscitating their careers.