Transfer Embargo (1 Viewer)

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SuperFred

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Mar 27, 2010
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According to the Daily Mail, we are one of 10 championship clubs who have been put under a transfer embargo.

www.dailymail.co.uk

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 www.dailymail.co.uk
 
chiefdave

chiefdave

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Sep 27, 2008
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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.
 
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Frostie

Frostie

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Jan 31, 2011
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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?
 
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PVA

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Apr 22, 2011
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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.
Click to expand...

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)?
 
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CCFC88

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Jan 21, 2013
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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

pusbccfc

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Apr 15, 2011
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Coventry
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
Click to expand...

If it was based on FFP the whole league would be in an embargo because they all spend above their means.
 
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CCFC88

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Jan 21, 2013
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pusbccfc said:
If it was based on FFP the whole league would be in an embargo because they all spend above their means.
Click to expand...
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

Liquid Gold

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Sep 16, 2013
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Brizzle
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
Click to expand...
Championship FFP is aggregated losses over 3 seasons.
 
better days

better days

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May 8, 2016
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As a guess I'd say the most likely reason would be late payment of instalments on transfer fees due to other clubs
 
Dickie

Dickie

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May 28, 2018
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Love the way the Daily Fail makes things up and then quotes an ‘unnamed source’
 
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cov donkey kick

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Jul 25, 2020
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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.
 
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Lord_Nampil

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Apr 11, 2010
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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 !
 
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Frostie

Frostie

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Jan 31, 2011
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As expected, nothing to see here.

Typical Daily Mail misleading & typical EFL & their daft regulations.
 
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mark82

mark82

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Jul 15, 2010
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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.
 
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KersleyDigs

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Aug 16, 2011
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A transfer embargo that will allow us to be unaffected and still make transfers? What?!
 
scottccfc

scottccfc

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

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Apr 11, 2010
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Norwich, Swansea, Brentford and Watford all seem to have not submitted their accounts and aren’t on that list.....
 
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SBT

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Sep 14, 2012
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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.
 
Liquid Gold

Liquid Gold

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Sep 16, 2013
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Brizzle
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.
Click to expand...
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.
 
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Pricey1984

Pricey1984

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Sep 5, 2016
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Surely the fact that this has affected nearly half of the teams in the division shows this is an EFL clanger right?
 
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