Each club's 25-man squad should have eight homegrown players who - regardless of age or nationality - spent three years (or a total of 36 months) in the youth system of a club in England or Wales before they reached the age of 21.
Contrary to reports elsewhere, players aged under 21 can, if required, be named in the 25-man squad as a homegrown player. An Under-21 player is defined as being born on or after January 1, 1989.
Clubs can use an unlimited number of Under-21 players in addition to their 25-man squad. For instance, Chelsea would not need to name Daniel Sturridge or Gael Kakuta in their 25-man squad.
Any player who is left out of the 25-man squad will only be eligible to play in the Carling Cup until January 1. From January 1 to January 31, clubs can make unlimited changes to their 25-man squad. On February 1 a new 25-man squad must be named to run until the end of the current campaign.
If a club chooses fewer than 25 players for their squad it is almost certainly due to them having a large number of under-21 players. Clubs with fewer than 25 players in their squad are still permitted to sign free agents.
Notable players to be left out of the squads include: Jonathan Woodgate (Tottenham), Ben Alnwick (Tottenham), Luke Moore (West Brom), Michael Kightly (Wolves), Mamady Sidibe (Stoke), Riga Mustapha (Bolton), Paul Rachubka (Blackpool).
Honestly, no bnig suprises on any of the notable names left out. Most have or are currently facing major injury issues and will either be moved in the winter transfer, let go completely, or added to the squad if fulled healed.
Thanks to ESPN soccernet for the list.
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