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Post by jonkool on Aug 21, 2009 18:43:38 GMT
Like everyone else I am so sick and tired of THE off field story/speculation etc etc etc
BUT how come the embargo until the ** is completed (or not) and suddenly I read that Andy Gray signs loan come perm move to Barnsley and will pay for them tomorrow - wierd!
Now I don't read anything concrete into this coz on the one hand it could herald announcement tomorrow on match day OR just we desperately need to shift his wages whatever happens re the ** and the tykes have upped their offer!!
Put it another way if a mug club offers free transfer for Moo2 which gets hisbig wages off the books we would not talk about the embargo but would snap their chugging hand off!!!!!!
Am I right or am I right??
So motto of this story?? All still bolldy clueless as to where this is all going :-(
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Post by swordfish on Aug 21, 2009 18:58:45 GMT
It's only permanent transfers that are affected. Like we signed Wade Small because he was out of contract 'on a non-contract basis'. I hope Parky can loan in the players he wants 'with a view to a permanent transfer' if that's what he has to do. I'd rather just sign them straight away though, obviously.
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Post by reamsofverse on Aug 21, 2009 19:08:13 GMT
All this embargo shite, can somebody tell me was it self imposed or put on us somebody?
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Post by jonkool on Aug 21, 2009 20:58:46 GMT
My understanding that the consortium requested this which is logical as it would materially affect the clubs financial position if they signed John Terry on £200k per week.
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Post by swordfish on Aug 21, 2009 21:07:26 GMT
I don't know this for a fact, but I think it's standard practice - like when a club goes into receivership. Once negotiations are under way, all non-essential assets are frozen. This prevents MORE unpayable credit being accrued. Also, you could tell people you owed cash to keep quiet until the takeover had gone through - then they could step forward and bleed the new owner dry. Incidentally, my dad has the original 'Midweek Sports Special' TV report that covered us being saved from bankruptcy in 1984. There's a lot more to it than what you saw in the Centenery DVD. Anyway, one of the features you didn't see was Lennie giving an in-depth explanation as to why we couldn't pay for Ronnie Moore. Turns out he sold Steve White specifically to pay for Moore (£75,000?), agreed the deal with Rotherham and terms with Ronnie... Bob's your uncle. Problem was, we went into receivership before we could transfer the cash to Rotherham, and the official receiver froze our assets. Effectively, we owned Ronnie but hadn't actually paid for him - none of which was Lennie's fault. Thank god those days are gone, eh? Oh yeah.
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