Championship Clubs - finances | Vital Football

Championship Clubs - finances

daleks.at.the.monaco

daleks.at.the.monaco

Vital 1st Team Regular
Seems like other clubs are benefitting from being nurtured by the EFL

https://www.dailymail.co.uk/sport/f...-TEN-clubs-placed-transfer-embargo-month.html

And away from the doom and gloom of the Daily Fail, here is the explanation from The Price of Football

Issue arises because under Covid-19 emergency legislation clubs have an extra three months to submit their accounts and have them audited, so gives most clubs until 30 June 2021. EFL requires accounts in by 31 March 2021 so appears to have applied transfer bans.
https://twitter.com/x/status/1379358709961404416
 
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The rest must have bigger Sugar Daddies and understanding bank managers or get proper money when they sell players.
 
Been saying it for years. Football is doomed. How can it survive with so much money in the game, so much money that can only be used in the top 6 of the premiership. The rest try to survive off tv money. Unless major changes are made with regards to salaries and the distribution of funding football will go pot in this country. The current situations are escalating at a rapid rate. It can't improve, only get worse.
 
Didn't I read over the weekend that Leeds lost £64m during the previous season???? o_Oo_Oo_Oo_Oo_O
And they tried to say those were positive results coz they'd managed to increase merchandise sales
 
Hoping that Bournemouth win the playoff's for two reasons:
The parachute payment for any relegated club is then distributed amongst the 72x EFL clubs which would mean 3x lots for this season.

The second reason is Barnsley.
 
Made in Wigan said:
Not sure the first is correct - the premier league keep it.

As for the second - absolutely
Click to expand...

Just checked and you are right , I was told it was automatically done but it seems it's going to be requested this season for obvious reasons.
 
Let's hope it is distributed equally and not more to the big spenders than the prudent. Or more to clubs with bigger wage bills than the prudent or More to clubs in the Championship than to those in other leagues.
 
Just read the article, the headline about 10 clubs in embargo makes it sounds much worse than when you read the details.

The Government have given 3 month extension to submit annual accounts due to covid and the embargo is there until accounts filed. It means nothing anyway as transfer window isn't even open.

All 10 will almost certainly submit and have the embargo lifted before the market opens to allow them to carry on as normal.
 
king_dezeeuw06 said:
Just read the article, the headline about 10 clubs in embargo makes it sounds much worse than when you read the details.

The Government have given 3 month extension to submit annual accounts due to covid and the embargo is there until accounts filed. It means nothing anyway as transfer window isn't even open.

All 10 will almost certainly submit and have the embargo lifted before the market opens to allow them to carry on as normal.
Click to expand...

I did attempt to give the balance to the Daily Fail headline with the Price of Football link.

The irony is that the EFL has also taken advantage of the 3 month deferral to publish annual accounts
 
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