HoylandOwl Posted March 12, 2023 Share Posted March 12, 2023 Been put under an immediate transfer embargo… Not that it means a jot right now outside of the transfer window. https://www.burnleyfootballclub.com/content/club-statement-embargo Quote Link to comment Share on other sites More sharing options...
Owling_Wolf Posted March 12, 2023 Share Posted March 12, 2023 1 hour ago, HoylandOwl said: Been put under an immediate transfer embargo… Not that it means a jot right now outside of the transfer window. https://www.burnleyfootballclub.com/content/club-statement-embargo Tell that to Scribble Head! Quote Link to comment Share on other sites More sharing options...
mkowlthesexynewversion Posted March 13, 2023 Share Posted March 13, 2023 This does appear to be a technical breach rather than too sinister ie concealing information in the hope you are promoted before you can get punished. However if you were seeing clubs one year into parachute payments in trouble, then the whole system is fooked. 1 Quote Link to comment Share on other sites More sharing options...
Tylluan Posted March 13, 2023 Share Posted March 13, 2023 Didn't their latest owners borrow against the assets to buy the club? I think they've also dipped into the Macquarie trust fund for desperate owners. Quote Link to comment Share on other sites More sharing options...
Reesh Posted March 13, 2023 Share Posted March 13, 2023 It's late filing of the FFP paperwork thats caused it rather than cash flow. Unlike Wigan who have failed to pay their players for the 4th time in a year. Quote Link to comment Share on other sites More sharing options...
mkowlthesexynewversion Posted March 13, 2023 Share Posted March 13, 2023 1 hour ago, Reesh said: It's late filing of the FFP paperwork thats caused it rather than cash flow. Unlike Wigan who have failed to pay their players for the 4th time in a year. As much they have only filed draft accounts Change of auditors being cited as a reason Quote Link to comment Share on other sites More sharing options...
mkowlthesexynewversion Posted March 13, 2023 Share Posted March 13, 2023 And something I hadn't realised - that BHP had not sought re-appointment as the Wednesday auditors. Citing the retirement of the partner with football sector expertise I suspect with everything that went on with Wednesday, the EFL etc and the accounting treatment of the stadium sale being challenged as wrong, that the "retirement" may have been accelerated by the stress of it all 1 Quote Link to comment Share on other sites More sharing options...
EastCraigsOwl Posted March 13, 2023 Share Posted March 13, 2023 18 minutes ago, mkowlthesexynewversion said: As much they have only filed draft accounts Change of auditors being cited as a reason Aye. Always blame the auditors... Quote Link to comment Share on other sites More sharing options...
lobster Posted March 13, 2023 Share Posted March 13, 2023 2 hours ago, mkowlthesexynewversion said: And something I hadn't realised - that BHP had not sought re-appointment as the Wednesday auditors. Citing the retirement of the partner with football sector expertise I suspect with everything that went on with Wednesday, the EFL etc and the accounting treatment of the stadium sale being challenged as wrong, that the "retirement" may have been accelerated by the stress of it all To be honest having had dealings with BHP in the past they would not be my choice as auditors Quote Link to comment Share on other sites More sharing options...
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