We have signed some shite in previous transfer windows so maybe this is a good thing ;o)
Sent from my iPhone > On 15 Dec 2014, at 14:58, Rick Duniec (@ntl) <[email protected]> wrote: > > Blackburn, Leeds and Nottingham Forest handed transfer embargoes > Blackburn, Leeds and Nottingham Forest have been given transfer embargoes for > the rest of the season for breaching Financial Fair Play rules. > > The Championship trio have been handed the bans for not meeting the Football > League's Fair Play Requirement. > > Under existing rules, clubs were permitted to lose no more than £3m a season, > with a maximum of £5m of shareholder investment in 2013-14. > > The clubs will have the opportunity to have the embargoes lifted in June. > > To do so, they will need to prove they have stayed within an operating loss > of no more than £3m, with a maximum of £3m of shareholder investment for the > 2014-15 season. > > Blackburn managing director Derek Shaw said: "Whilst the ruling will clearly > present some difficulties, we will of course respect the rules of the > Football League. > > The view from Leeds > BBC Radio Leeds sports reporter Adam Pope > > "Head coach Neil Redfearn said after Saturday's defeat by Fulham that > the team needs more players with Championship experience and by my reckoning > they should still be able to make four signings. The timing of the embargo > coincides with owner Massimo Cellino submitting his appeal against his > disqualification but with three big games between now and January and the > team just five points above the relegation zone, Redfearn knows he cannot > afford to allow this to interfere with the players' concentration." > > > "A lot of effort and hard work has been done to reduce player costs over the > last two years, but we have wanted to rebuild and challenge in this division > at the same time, and we will continue to do that." > > Forest manager Stuart Pearce, speaking prior to confirmation that the club > would be placed under an embargo, said: "We are acutely aware of what > direction we will go if we are under an embargo. If you cannot go out and buy > a player in the transfer market that is always a little bit hurtful. > > "But the flip side is that if you have to be cute in the transfer market and > get Bosmans and free transfers. We feel we have the scouting network that can > cope with that. > > "As a football supporter I would not want my club to go bust because of > financial overspending, so if the League are putting plans in place to > safeguard then long-term future of football clubs then fine; I have no > problem with that at all." > > The clubs will still be allowed to sign players in January if they have 24 or > fewer players over the age of 21 who have made at least five starting > appearances for the club in total. > > Any of these signings must not cost the club a transfer fee and must cost > less than £600,000 a year. > > Existing Championship FFP rules > 2014-15: Losses of no more than £3m, up to £6m with owner investment > > 2015-16: Losses of no more than £2m, up to £13m with owner investment > > > Clubs with 24 or more players fitting the criteria will be allowed to trade > players on a 'one out, one in' basis. > > In addition: > > a.. Clubs under an FFP embargo will be permitted to sign a goalkeeper on an > emergency basis, in line with existing regulations. > a.. Clubs under an FFP embargo will not be permitted to pay transfer fees or > compensation fees for professional players. > a.. Clubs under an FFP embargo will not be permitted to pay a loan fee to > another club, they may only pay the player's wage, or a contribution towards > it. > a.. For incoming players, clubs can only pay agents' fees as a benefit in > kind to the player in question, as long as they do not exceed the £600,000 > employee costs limit. > In November, Championship clubs agreed to a new set of FFP guidelines to come > into effect from the start of the 2016-17 campaign which will allow clubs to > lose up to £15m across a period of three seasons without having to detail how > that loss will be funded. > > > > The Guardian > > Leeds United, Blackburn Rovers and Nottingham Forest will all have a transfer > ban for the January window after breaching the Football League's financial > fair play (FFP) rules. > > The League announced that the three clubs all incurred financial losses more > than the £8m permitted during last season. > > Submissions from QPR, Leicester and Burnley - who were all promoted to the > Premier League - plus the three clubs relegated last season will now be > considered by the Football League. > > A statement said: "An initial analysis of FFP submissions from the current 24 > Championship clubs has indicated that three clubs - Blackburn Rovers, Leeds > United and Nottingham Forest - have failed to meet the fair play requirement > under the division's FFP rules. > > "Consequently, all three will be subject to an 'FFP embargo' under Football > League regulations from January 1, 2015 for the remainder of the current > campaign." > > Under the transfer embargoes, the three clubs will be prohibited from signing > any new players - either on a permanent or loan deal - unless they have 24 or > fewer "established players'', which is described as 24 players aged 21 or > over that have made at least five starts for the club. > > Blackburn's managing director Derek Shaw said in a statement: "Whilst the > ruling will clearly present some difficulties, we will of course respect the > rules of the Football League. > > "A lot of effort and hard work has been done to reduce player costs over the > last two years, but we have wanted to rebuild and challenge in this division > at the same time, and we will continue to do that." > > The clubs will have their embargoes lifted at the end of the season if they > can demonstrate they have stayed within the maximum permitted losses of £6m - > £3m losses plus £3m covered by shareholder investment - for the current > season. > > > > An initial analysis of Financial Fair Play submissions from the current 24 > Championship clubs has indicated that three clubs - Blackburn Rovers, Leeds > United and Nottingham Forest - have failed to meet the Fair Play Requirement > under the division's Financial Fair Play rules. Consequently, all three will > be subject to an 'FFP embargo' under Football League regulations from January > 1, 2015 for the remainder of the current campaign. > > The Football League is currently in discussions with a number of other clubs > over their FFP submissions and will confirm any further FFP embargoes, if > any, in due course. It will also now consider submissions from the three > clubs promoted to the Premier League and the three clubs relegated to League > 1 at the end of the 2013/14 season. > > Blackburn, Leeds and Forest all exceeded the maximum permitted deviation of > £8m - consisting of a maximum adjusted operating loss of £3m plus a further > maximum of £5m of shareholder investment - during the 2013/14 playing season. > Each club will have the opportunity to have its FFP embargo lifted at the end > of the season by demonstrating that it has stayed within the maximum > permitted deviation of £6m (£3m operating loss plus £3m shareholder > investment) for the 2014/15 season. > > The Football League has also confirmed the way in which FFP embargoes will > operate for clubs placed under this sanction. > > Clubs will be prohibited from registering any new professional players > (permanent contract or loan) unless they have: > > . 24 or fewer established players (players aged 21 or over that have made > at least 5 starting appearances for the club). > > Where clubs have fewer than 24 established players, they will only be > permitted to sign players in the following circumstances (with the player in > question being added to the club's list of established players regardless of > his age or previous playing experience): > > . Where the employee costs of a player being signed are less than £600,000 > per annum (or pro-rata if signed on a shorter contract). > > Where clubs have 24 established players, they will be permitted to trade on a > 'one out, one in' basis but only if the employee costs of the player coming > in to the club are no more than whichever is the lower amount of: > > . 75% of the equivalent costs of the player going out. > . Or a maximum of £600,000 per annum (or pro-rata if signed on shorter > contract) > > In addition: > > . Clubs under an FFP embargo will be permitted to sign a goalkeeper on an > emergency basis (in line with existing regulations). > . Clubs under an FFP embargo will not be permitted to pay transfer fees or > compensation fees for professional players. > . Clubs under an FFP embargo will not be permitted to pay a loan fee to > another club, they may only pay the player's wage (or a contribution towards > it). > . For incoming players, clubs can only pay Agents' Fees as a benefit in > kind to the player in question (as long as they do not exceed the £600,000 > employee costs limit). > Read more at http://www.football-...IU76BHYJP4C1.99 > _______________________________________________ > Leedslist mailing list > Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email [email protected] > > John 'Grampa' Sykes > Rest In Peace old lad > 28th Oct 1938 - 12 Nov 2013 > MARCHING ON TOGETHER _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] John 'Grampa' Sykes Rest In Peace old lad 28th Oct 1938 - 12 Nov 2013 MARCHING ON TOGETHER
