UPDATED- EFL Clubs under transfer embargoes - City not included anymore

[fred keenor]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

So the embargo instruction stated yesterday on the EFL website has now been removed?

[Rjk]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

So the embargo instruction stated yesterday on the EFL website has now been removed?

it would appear so

[The Hooded Claw]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

Brilliant.
Now they can announce Bale, Rambo, Wilson and Ronaldo!

[The Lone Gunman]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

For someone who pretends to be clever, you really come across as quite thick.

I'm a right old thicko, me.

I was just surprised to see you accusing the club of fraudulent accounting, that's all.

[dml1954]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

I'm a right old thicko, me.

I was just surprised to see you accusing the club of fraudulent accounting, that's all.

Glad that you acknowledge your thickness - it is the first step to recovery. Once again you are putting your own incorrect interpretation of someone else's post presumably in order to create an argument. You obviously are a real saddo of an individual with nothing better to do. If you want to make yourself look even more stupid, why don't you explain where exactly in my post you saw me accuse the club of fraudulent accounting.

[dml1954]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

Anyway - no sign of any embargo any more I see. Makes me wonder if it was all a big mistake on behalf of the EFL. Wonder if they realise what a furore they created. Would explain why no media stories or club comment.

[the other bob wilson]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

The following has just been sent out to Trust members;-

Cardiff City FC Transfer Embargo

There has been mention on social media over the last couple of days of an EFL transfer embargo imposed on the club.

Keith Morgan , Trust Chair and football finance expert has been investigating the matter and comments as follows:

“The EFL website states the embargo to have arisen from a breach of Regulation 51.2.3 – default in paying transfer fee instalments. This would appear to be merely a technical timing issue arising from loan fee instalments due to Liverpool and Arsenal the last of which were due to be paid in June.

CCFC and the other two clubs had agreed a variation to the loan contracts enabling the final payments to be made this month instead. However, the EFL referred only to the original agreement and so deemed the non-payment by the original contract date to be a breach with the consequent embargo penalty.

The final instalments due under the amended loan agreements will be paid in the next couple of weeks , enabling what would appear to be a rather unfair embargo to be formally lifted.”.

[Former Labour leader]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

Good.
Wonder what is happening with Sala case though?

[dml1954]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

The following has just been sent out to Trust members;-

Cardiff City FC Transfer Embargo

There has been mention on social media over the last couple of days of an EFL transfer embargo imposed on the club.

Keith Morgan , Trust Chair and football finance expert has been investigating the matter and comments as follows:

“The EFL website states the embargo to have arisen from a breach of Regulation 51.2.3 – default in paying transfer fee instalments. This would appear to be merely a technical timing issue arising from loan fee instalments due to Liverpool and Arsenal the last of which were due to be paid in June.

CCFC and the other two clubs had agreed a variation to the loan contracts enabling the final payments to be made this month instead. However, the EFL referred only to the original agreement and so deemed the non-payment by the original contract date to be a breach with the consequent embargo penalty.

The final instalments due under the amended loan agreements will be paid in the next couple of weeks , enabling what would appear to be a rather unfair embargo to be formally lifted.”.

What a joke the EFL are. They have taken it off their website anyway, which may indicate the embargo is already lifted.

[RonnieBird]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

So the embargo instruction stated yesterday on the EFL website has now been removed?

Yeah. I made a call.

[jon1959]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

It looks like Derby are in the biggest hole. I almost felt some sympathy for them when I read this - but then I snapped out of it!

https://derbycountyblog.com/in-limbo-under-embargo-can-derby-county-staff-up-for-new-season/

[life on mars]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

Well done the club for not over reacting .

Club critics won't be happy

[xsnaggle]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

It looks like Derby are in the biggest hole. I almost felt some sympathy for them when I read this - but then I snapped out of it!

https://derbycountyblog.com/in-limbo...or-new-season/

How sad. What a pity. Never mind.

[Rjk]

Re: UPDATED- EFL Clubs under transfer embargoes - City included

It looks like Derby are in the biggest hole. I almost felt some sympathy for them when I read this - but then I snapped out of it!

https://derbycountyblog.com/in-limbo...or-new-season/

oof what a mess