EFL Statement: Reading FC
Reading Football Club has been charged with multiple breaches of EFL Regulations.
www.efl.com
Reading FC Charged
- Thread starter Jules
- Start date
www.efl.com
DEEPING IMP
Vital 1st Team Regular
More deductions again.
hulloutpost
Vital Champions League
Keep 'em coming.
Good article here, by a Reading fans but more of a general look at football as well.
theuglygame.wordpress.com
Cheering on our own ruin
After a tumultuous few years, Reading have been relegated, run up huge debts, don’t own their own stadium and have yet another points deduction coming down the line. But who’s willing to take respo…
theuglygame.wordpress.com
Ainsworth7
Vital Reserves Team
Good article here, by a Reading fans but more of a general look at football as well.
Cheering on our own ruin
After a tumultuous few years, Reading have been relegated, run up huge debts, don’t own their own stadium and have yet another points deduction coming down the line. But who’s willing to take respo…
Excellent, even if depressing, article. Thanks for posting.
Ruskingtony
Vital Squad Member
Amazingly for a club apparently in serious financial trouble they have Theo Walcott training with them. Strong rumours they are looking at signing him.
Admittedly he is a free agent so won't cost a fee but I don't believe for a minute that his wages will be anywhere near the level of most clubs in our league.
Considering players have not been paid on time recently be interesting to see if he signs and were the money will come from to pay him?
Admittedly he is a free agent so won't cost a fee but I don't believe for a minute that his wages will be anywhere near the level of most clubs in our league.
Considering players have not been paid on time recently be interesting to see if he signs and were the money will come from to pay him?
They're supposedly under a transfer embargo. Can they still sign players on frees?
It seems Reading have managed to spaff well over £200m over the last six years since the current owner took over.
How do you do that and still end up being dogshite? I mean, that's nearly as much as two Declan Rices.
Red Wimp
Vital Football Legend
You would assume you must be able to sign free transfers otherwise in theory you might not be able to field a team
Merthyr Imp
Vital Football Hero
From the EFL website:
'An embargo prevents a Club from strengthening its team or adding to its playing staff costs until such time as it has met its existing financial obligations and/or the Club has rectified the relevant breach of EFL regulation(s).'
However:
During a Transfer Window
Clubs can ‘staff up’, so they have 23 players of Professional Standing within their squad.
Clubs are able to ‘staff up’ to ensure the integrity of the competitions remain and so that Clubs are able to fulfil their fixtures.
- Clubs are only permitted to ‘staff up’ by signing players on loan or players not registered with another Club
- Clubs cannot pay fees to acquire loan players and cannot pay additional wages on top of the salary the player receives at their parent Club
- Clubs ‘staffing up’ may only register players until the end of the current Season, whilst loan transfers can only be for half a season
- Budget restrictions apply dependent upon the divisional status of the Club under embargo
From the EFL website:
'An embargo prevents a Club from strengthening its team or adding to its playing staff costs until such time as it has met its existing financial obligations and/or the Club has rectified the relevant breach of EFL regulation(s).'
However:
During a Transfer Window
Clubs can ‘staff up’, so they have 23 players of Professional Standing within their squad.
Clubs are able to ‘staff up’ to ensure the integrity of the competitions remain and so that Clubs are able to fulfil their fixtures.
And there's a lot more:
- Clubs are only permitted to ‘staff up’ by signing players on loan or players not registered with another Club
- Clubs cannot pay fees to acquire loan players and cannot pay additional wages on top of the salary the player receives at their parent Club
- Clubs ‘staffing up’ may only register players until the end of the current Season, whilst loan transfers can only be for half a season
- Budget restrictions apply dependent upon the divisional status of the Club under embargo
Thanks. As usual it's never straight forward!
