There was a bloke on the radio earlier who gas written a book about the transfer window, well, transfers in general. I may have misheard, but I think he said that 30% of transfers take place in the last 2 hours of a window.
These arent the big news ones, generally, but lower league players, out of contract ones, and yeah, panicky clubs.
It`s great to watch in the pub, as some of the reporters look and sound like they haven`t slept for days and are on the verge of losing it !