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UPDATED ' Breaking News: Not Good News For Championship Club

Thu Dec 24, 2015 10:04 am

25/12/15

Bolton are one of the teams that, on Thursday, were placed on a transfer embargo after breaching the Football League Financial Fair Play limits permitting a £6m loss in a financial year. Now Josh Vela, one of their more viable assets is a target for Championship rivals Cardiff, according to a report in the Mail Online.

The penalties for failing FFP limitations, severely restrict what a club can do regarding signing new players. Whilst they are not victims of a total ban on signings, they can only sign players if they have a squad of less than 24 ‘established players’, any signing cannot cost more than £600,000 per annum and if they have 24 players then there is a case of ‘one in, one out’ – the incoming player must be 75% or less than the salary cost of the player leaving or the £600,000 per annum cost, whichever is the lowest. What they cannnot do is pay an actual transfer fee.



SKY NEWS

BREAKING: Bolton Wanderers are to be placed under a transfer embargo.

The club themselves have failed to pay players wages.

Bolton expected to see many players leave this January.

Re: ' Breaking News: Not Good News For Championship Club '

Thu Dec 24, 2015 10:14 am

FootballLeagueWorld ‏@FLeagueWorld
BREAKING: A transfer embargo will prevent Fulham from signing players in January. #FFC

Re: ' Breaking News: Not Good News For Championship Club '

Thu Dec 24, 2015 10:15 am

have never been able to take Bolton seriously since watching Peter Kay's 'Phoenix Nights' :lol:

Mind you in the 80's it was a pretty scary place to go, they seemed to be well up for it.

Re: ' Breaking News: Not Good News For Championship Club '

Thu Dec 24, 2015 10:18 am

arri potta wrote:have never been able to take Bolton seriously since watching Peter Kay's 'Phoenix Nights' :lol:

Mind you in the 80's it was a pretty scary place to go, they seemed to be well up for it.


:lol:

They certainly were :ayatollah:

Re: ' Breaking News: Not Good News For Championship Clubs '

Thu Dec 24, 2015 10:58 am

They are fucked beyond now.

Re: ' Breaking News: Not Good News For Championship Clubs '

Thu Dec 24, 2015 11:10 am

Rydogsccfc wrote:They are fucked beyond now.


nah they'll rise from the ashes :lol:

Re: ' Breaking News: Not Good News For Championship Clubs '

Thu Dec 24, 2015 11:12 am

arri potta wrote:
Rydogsccfc wrote:They are fucked beyond now.


nah they'll rise from the ashes :lol:


Yeah be back in the prem before us. :lol:

Re: UPDATED ' Breaking News: Not Good News For Championship

Fri Dec 25, 2015 6:00 pm

Bolton are one of the teams that, on Thursday, were placed on a transfer embargo after breaching the Football League Financial Fair Play limits permitting a £6m loss in a financial year. Now Josh Vela, one of their more viable assets is a target for Championship rivals Cardiff, according to a report in the Mail Online.

The penalties for failing FFP limitations, severely restrict what a club can do regarding signing new players. Whilst they are not victims of a total ban on signings, they can only sign players if they have a squad of less than 24 ‘established players’, any signing cannot cost more than £600,000 per annum and if they have 24 players then there is a case of ‘one in, one out’ – the incoming player must be 75% or less than the salary cost of the player leaving or the £600,000 per annum cost, whichever is the lowest. What they cannnot do is pay an actual transfer fee.