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Socks

Forest to be hit with transfer embargo

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Posted

http://www.theguardian.com/football/2014/dec/15/leeds-blackburn-nottingham-forest-financial-fair-play-transfer-embargo?

 

 

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.

 

Not sure what that means or indicates?

Posted

So they can buy players as long as they can offload players in January. Problem is who are they going to offload for a decent amount of money without completely jeopardising their chances of getting in the play offs?

Posted

Forest have won the Sky Transfer Fund, which they can't spend on transfers.

 

Wonderful.

 

It's been confirmed they can use it to pay the wages of free transfers/loans.

Posted

So it seems everyone who has placed a bet with SkyBet in the last 6 months is entered into a prize draw. The winner of that draw wins £250,000 for their club to spend on wages. It's always going to be heavily weighted towards the biggest clubs in the football league, which happen to be the clubs with plenty of money. This could be a new training facility for a lower-league club, or the chance for a non-league club to buy their stadium/pitch outright and become a profitable business, or provide a scholarship or two for the next generation of world cup players.

But no, it's going to fvcking Forest and their billionaire owner to help them comply with FFP and stop them losing more than £6,000,000 in 12 months.

Nice work SkyBet. Go sit on a spike. Cvnts.

  • 3 weeks later...
Posted

Just reading a thread about FFP on the Forest forum. They are so blinkered to the reality of FFP it's unreal. http://www.forestforum.co.uk/showthread.php?t=37854&page=6&s=3515250f65a2f12006b5106f990d329e

My favourite post:

"Grenada just signed Miguel Layún for £2.6m, then loaned him to Watford for the rest of the season. Why are these deals allowed to continue? Get buying a small European club Fawaz. They are taking the piss."

I think you'll find Fawaz has already done that.

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