Burnley under transfer umbongo

[PointyHead]

Been announced today.

 

[Steve R]

Huddersfield in the shit too according to The Sun. Could get 12 points deducted this season rather than next if they go into administration before Thursday. Might be their best way out.

 

[PointyHead]

Burnley's one seems like more a technicality than anything else.

Burnley slapped with transfer embargo as Championship leaders release statement

BURNLEY have been placed under a transfer embargo by the EFL. The Clarets released a statement confirming the news in which they explained why the sanction has come about The club is confident the …

www.thesun.co.uk

 

[SloopJB]

Wonder if something may come our way. We have very little income and seem to be paying out a lot of money over last few seasons. I am assuming, apart from turning portions of debt to equity, if the owner takes on all the liabilities that makes it okay; only assuming. I was looking through some info available online abut FFP, and that was the only thing i can think of that has kept us from falling into the trap We have certainly been operating a more than 36 million loss over last three seasons. I know the club were not happy with the EFL lack of support to lift the embargo when they met with them a month ago. Hope the failure to pay the initial Sala instalment on time is/was not the only issue hanging over us.
SJB

 

[NumberAde]

Burnley's one seems like more a technicality than anything else.

Burnley slapped with transfer embargo as Championship leaders release statement

BURNLEY have been placed under a transfer embargo by the EFL. The Clarets released a statement confirming the news in which they explained why the sanction has come about The club is confident the …

www.thesun.co.uk

The window is shut too, so it really makes no difference.

 

[PointyHead]

The window is shut too, so it really makes no difference.

For now, but it's in place till it's lifted, obviously.

Like I said, almost certainly a technicality around the time their accounts were filed - there's a legal timeframe by which companies must file their accounts yet EFL apply their own timeframe, which is earlier than the legal requriement.