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Transfer Embargo? (1 Viewer)

  • Thread starter SBAndy
  • Start date Oct 30, 2022
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SBAndy

Well-Known Member
  • Oct 30, 2022
  • #1

Late payment to HMRC apparently. Fucking hell.
 

Otis

Well-Known Member
  • Oct 30, 2022
  • #2
SBAndy said:

Late payment to HMRC apparently. Fucking hell.
Click to expand...
Already covered on the Wasps admin thread.
 

Nick

Administrator
  • Oct 30, 2022
  • #3
Ccfc have done a statement. Not that worrying
 
Reactions: stupot07, Skyblueweeman, chiefdave and 3 others
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #4
Nick said:
Ccfc have done a statement. Not that worrying
Click to expand...

The club says it’s fine! Nothing to worry about!

Wait…….is this the Wasps forum?
 
Reactions: Block 19, PUSB-We_are_going_up, AOM and 2 others

junglej13

Well-Known Member
  • Oct 30, 2022
  • #5
To be fair, something had to give from a cashflow perspective. In isolation this seems a sensible approach from the club in my opinion.
 
Reactions: Skybluecol

Nick

Administrator
  • Oct 30, 2022
  • #6
SBT said:
The club says it’s fine! Nothing to worry about!

Wait…….is this the Wasps forum?
Click to expand...
Can check the EFL page to see when it gets updated and hopefully just leaves reading.

More worrying when HMRC want to put us into admin for the money.
 
S

SAJ

Well-Known Member
  • Oct 30, 2022
  • #7
This really isn’t a big issue.
But it does explain why we haven’t signed any free transfers and why we didn’t apply to get yesterday’s match postponed.
 

Nick

Administrator
  • Oct 30, 2022
  • #8
SAJ said:
This really isn’t a big issue.
But it does explain why we haven’t signed any free transfers and why we didn’t apply to get yesterday’s match postponed.
Click to expand...
What's that got to go with getting the game postponed?

Signing which free transfers?
 
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #9
SAJ said:
This really isn’t a big issue.
But it does explain why we haven’t signed any free transfers and why we didn’t apply to get yesterday’s match postponed.
Click to expand...

Everything’s fine! Financial problems don’t really affect us right now!

Wait…….this really is the Wasps forum, isn’t it.
 

Grendel

Well-Known Member
  • Oct 30, 2022
  • #10
SBT said:
Everything’s fine! Financial problems don’t really affect us right now!

Wait…….this really is the Wasps forum, isn’t it.
Click to expand...

Whose playing Shugs?
 
S

SAJ

Well-Known Member
  • Oct 30, 2022
  • #11
Nick said:
What's that got to go with getting the game postponed?

Signing which free transfers?
Click to expand...
They needed the gate money from yesterday’s fixture to pay the next instalment. Had it have been postponed and they defaulted on payment HMRC can apply for a winding up order if they want and or demand the total bill is paid now and not as per the agreement.
 
S

SAJ

Well-Known Member
  • Oct 30, 2022
  • #12
Nick said:
What's that got to go with getting the game postponed?

Signing which free transfers?
Click to expand...
EFL rules if you are under agreement with HMRC you are under a transfer embargo. This could be the reason why we didn’t go after free transfers once the window closed.
 
M

Macca

Well-Known Member
  • Oct 30, 2022
  • #13
Seems like we are in one every transfer window
 
Reactions: thekidfromstrettoncamp, Deleted member 5849, TwistAndShoutCCFC1987 and 1 other person

Terry Gibson's perm

Well-Known Member
  • Oct 30, 2022
  • #14
Macca said:
Seems like we are in one every transfer window
Click to expand...


Normally at the start and just after the window closes we are ready to sign players
 
Reactions: Sky Blue Pete

Nick

Administrator
  • Oct 30, 2022
  • #15
SAJ said:
EFL rules if you are under agreement with HMRC you are under a transfer embargo. This could be the reason why we didn’t go after free transfers once the window closed.
Click to expand...
I'm assuming it's recent as only just added to EFL site
 
B

Brighton Sky Blue

Well-Known Member
  • Oct 30, 2022
  • #16
 
Reactions: MAFF, TomRad85 and wingy

Samo

Well-Known Member
  • Oct 30, 2022
  • #17
Nothing to see here... they spread the cost with HMRC and took the hit of the embargo because the window is closed anyway and it makes no difference.
 
Reactions: robbiethemole, stupot07 and chiefdave
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #18
Samo said:
Nothing to see here... they spread the cost with HMRC and took the hit of the embargo because the window is closed anyway and it makes no difference.
Click to expand...

Everything is fine! Nothing to see here - the football family will make sure it’s all ok, I’m sure
 
Reactions: TwistAndShoutCCFC1987, SeaSeeEffCee and Sky Blue Pete

Balli001

Well-Known Member
  • Oct 30, 2022
  • #19
Nick said:
I'm assuming it's recent as only just added to EFL site
Click to expand...
Well the statement said they had made 3 installment payments already so not recent
 

PUSB-We_are_going_up

Well-Known Member
  • Oct 30, 2022
  • #20
Its all Dave Boddy’s fault
 

letsallsingtogether

Well-Known Member
  • Oct 30, 2022
  • #21
PUSB-We_are_going_up said:
Its all Dave Boddy’s fault
Click to expand...
well he is a c**t so yes.
 

Nick

Administrator
  • Oct 30, 2022
  • #22
SBT said:
Everything is fine! Nothing to see here - the football family will make sure it’s all ok, I’m sure
Click to expand...
Yeah but in this case it actually is
 

Nick

Administrator
  • Oct 30, 2022
  • #23
Balli001 said:
Well the statement said they had made 3 installment payments already so not recent
Click to expand...
It was added to the EFL site in the last week.
 
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #24
Nick said:
Yeah but in this case it actually is
Click to expand...

Totally agree! I’ve never felt better about the club’s future!

#OnceASkyBlue
 

Grendel

Well-Known Member
  • Oct 30, 2022
  • #25
As soon as the HMRC issue is sorted we can then sort out playing at the CBS

Then just watch us grow
 

Nick

Administrator
  • Oct 30, 2022
  • #26
Bet you £50 each for charity it's cleared by the end of the year ready for January?

You're both gutted it isn't more serious.
 
S

Seaside-Skyblue

Well-Known Member
  • Oct 30, 2022
  • #27
If the embargo was in until end of Jan and we can't buy players does it also mean we can't sell? You can probably sense where my head's going with this


Sent from my SM-A908B using Tapatalk
 

COVKIDSNEVERQUIT

Well-Known Member
  • Oct 30, 2022
  • #28
Seaside-Skyblue said:
If the embargo was in until end of Jan and we can't buy players does it also mean we can't sell? You can probably sense where my head's going with this


Sent from my SM-A908B using Tapatalk
Click to expand...


You can still sell players under an embargo.
 
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #29
Nick said:
Bet you £50 each for charity it's cleared by the end of the year ready for January?

You're both gutted it isn't more serious.
Click to expand...

Lol are we already at the ‘If you’re worried about our finances you’re not a true believer’ stage of the Wasps tribute act?
 
D

Deleted member 5849

Guest
  • Oct 30, 2022
  • #30
SBAndy said:

Late payment to HMRC apparently. Fucking hell.
Click to expand...
So much for me saying we always paid our debts on time...
 
Reactions: letsallsingtogether

Liquid Gold

Well-Known Member
  • Oct 30, 2022
  • #31
I’m about to lose my shit that we can’t sign any players between September and December. Really unfair.
 
Reactions: shmmeee, Terry Gibson's perm and chiefdave

Nick

Administrator
  • Oct 30, 2022
  • #32
SBT said:
Lol are we already at the ‘If you’re worried about our finances you’re not a true believer’ stage of the Wasps tribute act?
Click to expand...
No, I said charity bet the HMRC will be sorted by the end of the year.

Are you in?
 
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #33
Nick said:
No, I said charity bet the HMRC will be sorted by the end of the year.

Are you in?
Click to expand...

No - like most clubs in financial distress, I think we’ll find a way to bluff our way through for the time being and postpone the big battle for another day. Even Wasps managed it for a few years, after all. Having a load of online loyalists swallow the party line that everything’s ok makes it easier too!
 

Nick

Administrator
  • Oct 30, 2022
  • #34
SBT said:
No - like most clubs in financial distress, I think we’ll find a way to bluff our way through for the time being and postpone the big battle for another day. Even Wasps managed it for a few years, after all. Having a load of online loyalists swallow the party line that everything’s ok makes it easier too!
Click to expand...

So like I said, the HMRC is going to be sorted by the end of the year?

Wasps had a payment plan but failed to pay it didn't they?

Nobody has said everything is ok, they have said that this issue isn't a massive issue. You have also said it would be sorted because you flapped it from a charity bet.
 
S

SBT

Well-Known Member
  • Oct 30, 2022
  • #35
Nick said:
So like I said, the HMRC is going to be sorted by the end of the year?

Wasps had a payment plan but failed to pay it didn't they?

Nobody has said everything is ok, they have said that this issue isn't a massive issue. You have also said it would be sorted because you flapped it from a charity bet.
Click to expand...

Keep on puffing out your chest about an imaginary internet bet if you like, but you’ve got confused - I’ve never said the HMRC issue is going to bankrupt the club. My point is that keyboard warriors like yourself are rushing to downplay it based on nothing more than a club statement, straight out of the Wasps fan playbook.
 
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