Three Clubs Bag Transfer Embargoes

For breaching financial fair play rule,three clubs have been slammed with embargoes on for the remaining part of the season.They are:Blackburn,Leeds and Nottingham Forest.
he Championship trio have been handed the bans for not meeting the Football League's Fair Play Requirement.


Under existing rules, clubs were permitted to lose no more than £3m a season, with a maximum of £5m of shareholder investment in 2013-14.

The clubs will have the opportunity to have the embargoes lifted in June.

To do so, they will need to prove they have stayed within an operating loss of no more than £3m, with a maximum of £3m of shareholder investment for the 2014-15 season.

Blackburn managing director Derek Shaw said: "Whilst the ruling will clearly present some difficulties, we will of course respect the rules of the Football League.

"A lot of effort and hard work has been done to reduce player costs over the last two years, but we have wanted to rebuild and challenge in this division at the same time, and we will continue to do that."

The clubs will still be allowed to sign players in January if they have 24 or fewer players over the age of 21 who have made at least five starting appearances for the club in total.

Any of these signings must not cost the club a transfer fee and must cost less than £600,000 a year.

Clubs with 24 or more players fitting the criteria will be allowed to trade players on a 'one out, one in' basis.

In addition:

    Clubs under an FFP embargo will be permitted to sign a goalkeeper on an emergency basis, in line with existing regulations.

    Clubs under an FFP embargo will not be permitted to pay transfer fees or compensation fees for professional players.

    Clubs under an FFP embargo will not be permitted to pay a loan fee to another club, they may only pay the player's wage, or a contribution towards it.

    For incoming players, clubs can only pay agents' fees as a benefit in kind to the player in question, as long as they do not exceed the £600,000 employee costs limit.

In November, Championship clubs agreed to a new set of FFP guidelines to come into effect from the start of the 2016-17 campaign which will allow clubs to lose up to £15m across a period of three seasons without having to detail how that loss will be funded.