Surely you've read paragraph 5 clause 2 which prohibits transfer activity on a Sunday and states "any business due to take place on such a day shall re commence on the closest following week day". This was of course amended in 1992 to include "unless that day happens to fall upon a bank holiday" to fit in with the newly formed premiere league.
Must all be true as Barry Fuller now also confirmed.
Come on AK, just man up and admit that the July 1st rule is true and not a myth, you're living in denial man and you're only lying to yourself.