As someone who builds a new team every season I quite like the new transfer system. I got 13 players in last time, all low 5*,and it cost me about 25 tokens. the old system would have been far more than that due to losing tokens for every bid.
I didn't like the idea but the list being refreshed every 4 minutes works as well as it makes it doesn't matter so much when you miss out, another player will be along in a few minutes.
In the process of selling off my players today in preparation, we'll see how it goes again tomorrow