How do I create a transition screen?

I have read tutorials, browsed google, and have come with nothing to show!

I know the concept is to create an image of a circle with a hole in the middle surrounded by frames,
But every time I try to scale it in any way the frames dont match the right position! So here I am wondering.

Please note that considering me saying a couple lines of text will probably not help, and more of step by step would work:

BTW I ALREADY HAVE THE CIRCLE IMAGE : D

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i dont know if this will help, but it was all i could find