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Author Topic: New beginnings - Fresh Start  (Read 209653 times)
Peter Venkman
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« Reply #1770 on: Friday, May 13, 2022, 16:20:12 »

It all looked so sunny when they finally agreed to the 2200 too.
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Bob's Orange
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« Reply #1771 on: Tuesday, May 17, 2022, 10:05:16 »

We are no longer on the Embargo list for League 2 clubs on the EFL website. Has the embargo been lifted does anyone know?

My stupid work internet doesn't allow copy and paste for non-work related websites so can't provide a link, sorry.
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Peter Venkman
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« Reply #1772 on: Tuesday, May 17, 2022, 10:06:43 »

https://www.efl.com/-more/governance/embargoes/
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« Reply #1773 on: Tuesday, May 17, 2022, 10:07:27 »

https://www.efl.com/-more/governance/embargoes/

Wouldn't be surprised that its an EFL admin error.

That said, it would allow us to start negotiating extensions sooner rather than in June (or whenever it automatically lifted)
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Quagmire

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« Reply #1774 on: Tuesday, May 17, 2022, 10:11:04 »

We are no longer on the Embargo list for League 2 clubs on the EFL website. Has the embargo been lifted does anyone know?

My stupid work internet doesn't allow copy and paste for non-work related websites so can't provide a link, sorry.

Theyíre probably just havenít got round to typing up the league 1 page yet.
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singingiiiffy

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« Reply #1775 on: Tuesday, May 17, 2022, 20:07:35 »

see the adver have jumped on the news.

but is it news?

Quote
Weíve managed to build a pretty strong squad within the restrictions. The restrictions and embargo only lasts for one season and then itís lifted, even if you havenít re-paid the loan in full.

ďSo while youíve got an interest-free loan of £1.04 million that you can re-pay over four years, the restrictions only last for one season.Ē

season ends. embargo lifted. seems like that was always going to happen according to the above
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STFC_Manc

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« Reply #1776 on: Tuesday, May 17, 2022, 22:13:51 »

It makes zero sense to pay off the debt now, when we are less than a month away from it lifting anyway. 

It must be an error from the EFL.
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Shrivvy Road

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« Reply #1777 on: Wednesday, May 18, 2022, 07:00:25 »

It's not an error, we paid the first part off that needed paying and the rest is interest free so we are out of the embargo
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« Reply #1778 on: Wednesday, May 18, 2022, 07:18:56 »

It makes zero sense to pay off the debt now, when we are less than a month away from it lifting anyway.  

It must be an error from the EFL.

It would allow us to offer longer contracts sooner wouldn't it?

July 1st is a bit late if that's when it would naturally expire, isn't the league starting early next season?
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reeves4england

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« Reply #1779 on: Wednesday, May 18, 2022, 08:47:36 »

It would allow us to offer longer contracts sooner wouldn't it?

July 1st is a bit late if that's when it would naturally expire, isn't the league starting early next season?
Starts a week earlier than usual I think... July 30th
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Legends-Lounge

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« Reply #1780 on: Wednesday, May 18, 2022, 10:25:13 »

If there was anything to pay off whether we needed to or not and the club have paid it the. There must be a reason to have done so.
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ChalkyWhiteIsGod
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« Reply #1781 on: Wednesday, May 18, 2022, 10:27:33 »

If there was anything to pay off whether we needed to or not and the club have paid it the. There must be a reason to have done so.

It was done to ensure we could tie Charlie Austin down to a decent contract :-)
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TheDukeOfBanbury

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« Reply #1782 on: Wednesday, May 18, 2022, 10:33:53 »

Clubs have to communicate by the end of May their retained list.
Makes perfect sense to be ahead of the game.
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dalumpimunki

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« Reply #1783 on: Wednesday, May 18, 2022, 10:41:09 »

If there was anything to pay off whether we needed to or not and the club have paid it the. There must be a reason to have done so.

I don't think we've paid it off. We've made the initial year's repayment of the covid hardship loan, have agreed a plan to pay back the rest over the next few years, and have accepted the embargo for the 2021/22 season as the price of paying it back over time.

That season proper is now over, so I guess that's the end of the embargo, hence we're off the list. Other clubs embargoes must be related to other issues I guess.
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Shrivvy Road

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« Reply #1784 on: Wednesday, May 18, 2022, 11:52:57 »

I don't think we've paid it off. We've made the initial year's repayment of the covid hardship loan, have agreed a plan to pay back the rest over the next few years, and have accepted the embargo for the 2021/22 season as the price of paying it back over time.

That season proper is now over, so I guess that's the end of the embargo, hence we're off the list. Other clubs embargoes must be related to other issues I guess.
Spot on
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