Transfer Embargo (1 Viewer)

SuperFred · Apr 5, 2021

According to the Daily Mail, we are one of 10 championship clubs who have been put under a transfer embargo.

Ten Championship clubs placed under a transfer embargo last month

EXCLUSIVE BY MIKE KEEGAN: Sportsmail can reveal that almost half of the league was subject to a registration ban which has led to claims the integrity of the competition has been undermined.

www.dailymail.co.uk

SkyBlueScottie · Apr 5, 2021

Late filling accounts possibly?

Liquid Gold · Apr 5, 2021

What rule would we have fallen foul of to be put under an embargo?

chiefdave · Apr 5, 2021

It mentions administrative rather than financial reasons. Didn't the deadline for filing at Companies House get put back because of covid? Could be there's a EFL rule that has the original date. Bit of a non-issue when the transfer window is closed.

Frostie · Apr 5, 2021

What a bizarre article. Besides the headline there's practically no info there.

Says that some (if not all) are for admin reasons rather than anything financial yet apparently is an indicator of "Financial Armageddon"? Fairly certain filing of accounts was allowed to be delayed this year due to Covid so surely not that.

Daily Mail in clickbait shocker?

PVA · Apr 5, 2021

chiefdave said:
It mentions administrative rather than financial reasons. Didn't the deadline for filing at Companies House get put back because of covid? Could be there's a EFL rule that has the original date. Bit of a non-issue when the transfer window is closed.

I only briefly skim read it, but does it not suggest that Huddersfield and Stoke are for administrative reasons (therefore insinuating the rest are financial reasons)?

Johhny Blue · Apr 5, 2021

Does a transfer embargo mean we have to keep Baka?

CCFC88 · Apr 5, 2021

Wouldn’t it be linked to FFP, or whatever the EFL version is called. Expenditure as a % of turnover, given our turnover will be shirt sales and sponsorship only its hardly surprising if we have breached some sort of covenant, it sounds like most club in the championship has and we’ve decided to take our medicine in jan as opposed to this coming summer

pusbccfc · Apr 6, 2021

CCFC88 said:
Wouldn’t it be linked to FFP, or whatever the EFL version is called. Expenditure as a % of turnover, given our turnover will be shirt sales and sponsorship only its hardly surprising if we have breached some sort of covenant, it sounds like most club in the championship has and we’ve decided to take our medicine in jan as opposed to this coming summer

If it was based on FFP the whole league would be in an embargo because they all spend above their means.

CCFC88 · Apr 6, 2021

pusbccfc said:
If it was based on FFP the whole league would be in an embargo because they all spend above their means.

Maybe the 10 have held their hands up now to avoid an embargo in the summer knowing they had no business planned for January, the rest waiting for an investigation?

Liquid Gold · Apr 6, 2021

CCFC88 said:
Wouldn’t it be linked to FFP, or whatever the EFL version is called. Expenditure as a % of turnover, given our turnover will be shirt sales and sponsorship only its hardly surprising if we have breached some sort of covenant, it sounds like most club in the championship has and we’ve decided to take our medicine in jan as opposed to this coming summer

Championship FFP is aggregated losses over 3 seasons.

better days · Apr 6, 2021

As a guess I'd say the most likely reason would be late payment of instalments on transfer fees due to other clubs

Winny the Bish · Apr 6, 2021

Confirmation: NEWS: Coventry City confirm EFL transfer embargo due to administrative reasons

Dickie · Apr 6, 2021

Love the way the Daily Fail makes things up and then quotes an ‘unnamed source’

better days · Apr 6, 2021

Good communication from the club there

cov donkey kick · Apr 6, 2021

Its only tempary on club site till end of year accounts are filed when the EFL will withdraw the order and won't affect the next transfer window.

Lord_Nampil · Apr 6, 2021

Stoke, Luton and Huddersfield have all down the same according to companies house I’m guessing all teams have done the same! EFL punishing clubs for filling government guidelines is a Joke !

stevefloyd · Apr 6, 2021

Johhny Blue said:
Does a transfer embargo mean we have to keep Baka?

I was surprised to see him on the bench yesterday

Frostie · Apr 6, 2021

As expected, nothing to see here.

Typical Daily Mail misleading & typical EFL & their daft regulations.

mark82 · Apr 6, 2021

EFL in dumb rule shocker. Seems nonsense, the club haven't missed the government deadline which is what the embargo should be for. Not that it'll make any real difference but you'd think the EFL would review the rule now. They've created themselves their own admin headache.

KersleyDigs · Apr 6, 2021

A transfer embargo that will allow us to be unaffected and still make transfers? What?!

scottccfc · Apr 6, 2021

typical of the FA and football league not moving in line with current guidlines.

Lord_Nampil · Apr 6, 2021

Norwich, Swansea, Brentford and Watford all seem to have not submitted their accounts and aren’t on that list.....

Liquid Gold · Apr 6, 2021

Managed to get the idiots whipped up a storm though

fatso · Apr 6, 2021

Dickie said:
Love the way the Daily Fail makes things up and then quotes an ‘unnamed source’

Do you feel a little bit silly now the club have confirmed the embargo?

Frostie · Apr 6, 2021

Liquid Gold said:
Managed to get the idiots whipped up a storm though

Literally what the Mail exist for

shepardo01 · Apr 6, 2021

Liquid Gold said:
Managed to get the idiots whipped up a storm though

......Facebook...... oh dear....

SBT · Apr 6, 2021

The Mail article is typically overblown, and I don’t expect this to be a big deal, but I also don’t see why we should automatically treat this as a total non-issue. Maybe people are happier to take the club at its word the day after we’ve won a big game.

tommy hutch legend · Apr 6, 2021

Don't this will effect us much will be sorted by next window so no big deal

skyblueelephant76 · Apr 6, 2021

KersleyDigs said:
A transfer embargo that will allow us to be unaffected and still make transfers? What?!

The transfer window is closed, as long as we get it cleared up when they say it won't affect transfers for next season

Liquid Gold · Apr 6, 2021

SBT said:
The Mail article is typically overblown, and I don’t expect this to be a big deal, but I also don’t see why we should automatically treat this as a total non-issue. Maybe people are happier to take the club at its word the day after we’ve won a big game.

I wouldn’t care if it was after 10 10-0 defeats. We’ve got later to file our accounts by law and the EFL are playing dickheads with things as usual. Would have been simple enough for them to change their regulations to match companies house.

Joy Division · Apr 6, 2021

Having a transfer embargo has made me feel all nostalgic this morning.

Pricey1984 · Apr 6, 2021

Surely the fact that this has affected nearly half of the teams in the division shows this is an EFL clanger right?

KersleyDigs · Apr 6, 2021

skyblueelephant76 said:
The transfer window is closed, as long as we get it cleared up when they say it won't affect transfers for next season

Says it is in place until February, that's doesn't make any sense...

Liquid Gold · Apr 6, 2021

KersleyDigs said:
Says it is in place until February, that's doesn't make any sense...

It's been in place since February. Once accounts are filed it will be removed and accounts are due before the transfer window opens.

Transfer Embargo (1 Viewer)

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Super Moderator

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Users who are viewing this thread

Privacy & Transparency

Privacy & Transparency