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The Championship just got all serious


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On 07/09/2018 at 23:40, sonofbert2 said:

We're approaching the "End Game" of the present system.

 

European/World Super League with games staged all over the place,, Premiership 1 and 2 here at home and everyone else can fuckoff.

 

We have very limited time to climb aboard the gravy train and those already on of tecently departed are trying to close the doors and hold onto their seats.

 

I'd be a bit worried if we weren't about to be promoted.

The sooner this happens the better. Take the big 6 out of our system and let the rest of us have a competitive league. Id also welcome the dramatic reduction in tv money to the remaining teams. 

I would however have some sympathy for the proper fans of the big 6 cause im sure the interest in playing benfica away will soon drop off.

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3 hours ago, Sultan_Pepper said:

They lifted the Birmingham one a week before they lifted ours

 

They partially lifted the embargo, allowing them to extend contracts, sign free transfers and complete low cost loans. Birmingham then immediately ignored it and signed a player for £2m on fairly high wages. This is why the EFL is going down the points deduction route.

 

We loaned 2 players and extended 2 player's contracts, keeping within the guidelines set by the EFL. We will be fine this season, but who knows about next season yet.

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Birmingham and Wednesday were in same position we were given advice we could not sign players until we reduced expenditure. Birmingham ignored this and signed a player. This was allowed to go through because it would have meant player was in limbo, could not play through no fault of his own. Because they violated guidance they were put under hard embargo which stipulates what can and can not be signed and total number of players. They were allowed to sign some players due to having small squad but wages had to fall under a certain level. They will stay under this until they have convinced EFL costs are at manageable level. They will receive extra punishment for disobeying EFL.

We followed advice and eventually they were satisfied we were within limits. I presume as its a future look ahead as well as present we have been given guidance on what we can spend. I presume situation may deteriorate when have to send accounts in in March as £9 million loss we made will be replaced by this seasons expected loss. It could mean we have to shed more players but if we follow soft embargo advice we will not incur wrath of EFL. It may be we have discussed forthcoming years with EFL and have a plan to get round this although Dc statement does not seem to indicate this had happened.

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On 07/09/2018 at 19:25, SiJ said:

In fact, the main point of contention appears to be the signing of Pedersen. 

 

Birmingham have completely ignored the rules. 

Don't understand this as a player needs to be registered to play, so if under an embargo he would not have been registered? And if played then would get punished for playing said player?

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25 minutes ago, Harrysgame said:

Don't understand this as a player needs to be registered to play, so if under an embargo he would not have been registered? And if played then would get punished for playing said player?

 

As said before, the EFL can't stop a club signing a player unless it's a technical issue (such as not registering them before deadlines) as it infringes on player rights.

 

All they can do is punish them afterwards for breaching financial conditions. Which they are doing. 

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1 hour ago, Minton said:

 

As said before, the EFL can't stop a club signing a player unless it's a technical issue (such as not registering them before deadlines) as it infringes on player rights.

 

All they can do is punish them afterwards for breaching financial conditions. Which they are doing. 

Didn't realise that, does seem a strange situation.begs the question wtf were Birmingham thinking. May be answer is let them sign him but cannot play in competitive games that way no advantage to Birmingham and player gets paid.

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21 minutes ago, Harrysgame said:

begs the question wtf were Birmingham thinking. 

 

Probably; We're buggered either way, lets take the chance. Which is (hopefully) why the EFL will come down hard to stop this kind of attitude.

 

21 minutes ago, Harrysgame said:

May be answer is let them sign him but cannot play in competitive games that way no advantage to Birmingham and player gets paid.

 

Can't stop him from earning any appearance/goal/assist/whatever bonuses, he's either registered to play or not. Plus it's the club at fault, not the player.

Edited by Minton
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So, where are we financially?

 

According to our US podcast, we need to raise or save about £20 million to avoid sanctions this financial year (ends 30 May 2019).

 

Assuming Hunt's salary pays for new loans, that just leaves his and Rhodes wages and JR's loan fee, plus those free players s that left  - say £8 million max.

 

January then needs to produce circa £12 million? 

 

 

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If it is 20m you would have thought that based on the fact we have been trying to trim the budget Inc selling players  and only bringing in loans after discussing with EFL. I would think the worst we would get is a soft umbongo or one in one out. As we have worked with the EFL we may be seen as an example of working with them unlike other clubs who have been just carried on spending. Here's hoping anyway.

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22 hours ago, fred mciver said:

So, where are we financially?

 

According to our US podcast, we need to raise or save about £20 million to avoid sanctions this financial year (ends 30 May 2019).

 

Assuming Hunt's salary pays for new loans, that just leaves his and Rhodes wages and JR's loan fee, plus those free players s that left  - say £8 million max.

 

January then needs to produce circa £12 million? 

 

 

Which is what FF is worth.

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If Bolton get 12 points deduction in addition going to make staying in Championship much easier in next two seasons. It will mean one or two poor sides stay up who should have been relegated and next year will have more poor teams than norm.

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