Reading Under another

[BFC4EVA]

Transfer embargo.

 

[TKL_Seasider]

No they’re not.

EDIT: or maybe they are

Reading hit with fresh transfer embargo for late HMRC payment

R

www.readingchronicle.co.uk

Still nothing on the EFL embargo page

 

[BFC4EVA]

No they’re not.

EDIT: or maybe they are

Reading hit with fresh transfer embargo for late HMRC payment

R

www.readingchronicle.co.uk

Still nothing on the EFL embargo page

EFL haven’t updated yet

 

[Wizaard]

Dock them points. It's not the first offence

 

[hertfordseasider]

No they’re not.

EDIT: or maybe they are

Reading hit with fresh transfer embargo for late HMRC payment

R

www.readingchronicle.co.uk

Still nothing on the EFL embargo page

Make your bloody mind up

 

[tangerine.com]

Predicted to go up apparently.

 

[Halifax71]

Nonsense - they've just signed that youngster from ManU - undisclosed fee

 

[BFC4EVA]

Reading FC hit by fresh off-field blow ahead of 2023/24 season

The Royals have been handed another transfer embargo for a late payment to HMRC

footballleagueworld.co.uk

 

[BFC4EVA]

Reading hit with fresh transfer embargo for late HMRC payment

R

www.readingchronicle.co.uk

 

[Athers]

Like how they managed to sneak the signing of Charlie Savage in before the embargo. Carry on. Nothing to see here. The system is so bent

 

[Chunkylad]

Let’s hope a few months in that they can’t afford to pay wages. Cue points deductions and player unrest.

 

[Dougall]

Dock them points. It's not the first offence

When are they going to get docked points? Are they still imminent?

 

[Bpooltown54]

Reckon they’ll get docked more points as it’s another offence. Not looking good for them is it

 

[NewburyOne]

A joke that they were allowed to sign several players before the latest embargo was placed on them.

 

[bollieboy]

They are apparently trying to sign Fiorini on loan.

 

[BFC_53]

Reading ownership and finance BBC article

Losses of £146m in the last 5 years. If you're losing that kind of money and are allowed to carry on with a business as usual attitude, the system is broken.

 

[Lost Seasider]

Reading ownership and finance BBC article

Losses of £146m in the last 5 years. If you're losing that kind of money and are allowed to carry on with a business as usual attitude, the system is broken.

They weren't, they've been under a transfer embargo for the last 2 years, and have managed 27 days before going straight back into one.

 

[BFC_53]

They weren't, they've been under a transfer embargo for the last 2 years, and have managed 27 days before going straight back into one.

They signed a load of players just last summer, including Tom Ince on a 3 year deal, and Andy Carroll for two years. The embargo only meant they were restricted to signing frees and loans, so the running costs problem was never addressed. The above two players won't have been cheap.
So perhaps not business as usual, but they certainly weren't restricted anywhere near as much as they should have been. And this new embargo is the result.

 

[TKL_Seasider]

If (as it appears) they’ve come out of an embargo, signed four or five expensive players and then failed to pay a tax bill again the EFL must surely throw the book at them.

They’re serial offenders.

 

[tangerine.com]

Predicted to go up apparently.

That's some Reading loving pundits predicted.

 

[Lost Seasider]

They signed a load of players just last summer, including Tom Ince on a 3 year deal, and Andy Carroll for two years. The embargo only meant they were restricted to signing frees and loans, so the running costs problem was never addressed. The above two players won't have been cheap.
So perhaps not business as usual, but they certainly weren't restricted anywhere near as much as they should have been. And this new embargo is the result.

I'm fairly sure the embargo would've had a wage cap, IIRC Derby were limited to £8,000 p/w.

 

[BFC_53]

I'm fairly sure the embargo would've had a wage cap, IIRC Derby were limited to £8,000 p/w.

If it did, it wasn't a very low one considering the players they subsequently signed. Plus, it evidently hasn't prevented the problem continuing.

 

[Lost Seasider]

If it did, it wasn't a very low one considering the players they subsequently signed. Plus, it evidently hasn't prevented the problem continuing.

Ince was released by Stoke, Carroll, West Brom, I don't think either would've been able to command higher end Championship wages, so maybe £8,000 would've been sufficient.