The article in the Mail suggests this is largely an error by the EFL not recognising that clubs have legally got an extended period to submit accounts due to COVID but EFL rules have not been adjusted in line.Sutekh wrote:JLow reporting Reading are one of 10 Championship clubs that have been put under a transfer embargo
https://www.getreading.co.uk/sport/foot ... l-20326765
No way of knowing, ‘transfer embargo’ could mean lots of things.Jackson Corner wrote:Does that include loans and free transfers.
Think we'd fall foul of the 4th year being a big loss we'd hoped to get rid of and a dramatic drop in income, from Covid, that counters the savings we managed.Nameless wrote:No way of knowing, ‘transfer embargo’ could mean lots of things.Jackson Corner wrote:Does that include loans and free transfers.
If it’s just the EFL rules being misapplied, which it obviously is for some of the clubs, it means nothing.
If we genuinely have been hit by a full on ban on expenditure then there is every chance a points deduction might follow as we must have breached something quite badly.
I thought that FFP had been amended to be a 4 year period so it would be quite odd to start hammering clubs at this point, and given we will have made huge steps towards controlling our costs again you would wonder why we would be punished.
Big thing in our favour is we lose some big wages off the payroll this summer so hopefully that will give us more room to manoeuvre
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