1.First of all you must have patch 1.01
2.Than download this january updated squad (Squads020110224201634%Keretek 1) or use another that you already have:
www.megaupload.com/?d=WE6K1JZJ
3.Go to C:\Documents and Settings\User\My Documents\FIFA 11 folder and delete everything in it that has a name squad
4.Copy this downloaded Squads0 20110224201634%Keretek 1 in that FIFA 11 folder and make him to be read-only
5.Than turn on FIFA 11, than go to My fifa 11-FIFA 11 profiles-load and load that Keretek 1 file
6. Than go on to save and instead to save Keretek 1 file you must Create New Squads and than that new squad you created have to save
7. When you next time launch game you will have the latest squad
8. Nice thing is that its worked also when you play online.
Hope I helped you and others who have the same problem. Cheers.