Coaching Report says this: This player needs to play for a team in the top 3 countries or in a country that is at least 3 positions above his home country.

Loan options as a player does not have an option to select " top 3 countries or in a country that is at least 3 positions above his home country."

The higher ranked country option takes care of that exact requirement, it will make sure only teams in countries that are top 3 ranked or at least 3 positions above the player’s home country can make loan offers.

Possibly true for players from the country that you are playing in.

However, most teams have players from all sorts of countries. And the requirement is based on the players country, not the clubs country. Thus, the loan option does not match up.

The loan option text is definitely not clear, but I can guarantee you that the game code will only allow the appropriate teams based on the player’s home country if you use that loan option ;-)