It was preordered, along with 2k13 just the other week.
I didnt play much of FIFA 12, but this year I plan on getting right into it.
This year, I will definitely be diving into that ultimate team mode and giving that whirl.
Will the game be updated with all the latest transfers? ie - modric and vdv not in Spurs?
Yes it will, but good luck trying to do very well in it without spending real $, it's been almost impossible. Of course, there's also the daily hacking that goes on, but not sure if EA has fixed that. I sold my game in April after making 1k off selling coins and people were still getting hacked then, would be nice if someone can confirm