Can someone confirm if, should I enter my squad now, I can constantly change it until close to season start? I don't want to register a team just now if I can't change it dramatically closer to the opening weekend without being penalised.

EDIT: Ah, I can. Neat. My squad...

GK: Reina (Liverpool)
GK: Sorenson (Stoke)
DF: Vidic (Man United)
DF: Ferdinand (Man United)
DF: Shawcross (Stoke)
DF: Tomkins (West Ham)
DF: Zayette (Hull)
MF: Arshavin (Arsenal)
MF: Cahill (Everton)
MF: Arteta (Everton)
MF: Rodwell (Everton)
MF: Malbranque (Sunderland)
FW: Torres (Liverpool)
FW: Beattie (Stoke)
FW: Ebanks-Blake (Wolves)

Likely to change it up, though.