| Burnley under transer embargo 19:49 - Mar 12 with 4096 views | VancouverHoop |
Statement from the club:
We would like to share with our supporters the disappointing news that the EFL are placing the club under an immediate transfer embargo.
We believe transparency in these matters is paramount and we want to explain why this has happened.
In our continued efforts to improve and move forward Burnley Football Club we made the decision to change our auditors in November and the transition has taken longer than we anticipated.
We can confirm that we have provided draft accounts and financial information to the EFL’s Club Financial Reporting Unit and we continue to have regular dialogue with the unit to ensure we remain as open and as transparent and answer any questions the League may have.
We believe the EFL will have no issue with the detail of our accounts other than their late submission and fully understand and support their position and efforts to sanction any club who fails to comply with any of their regulations.
Both the Club and our new auditors are confident this can be resolved swiftly and we hope our submission will be made next month at which point the embargo will be lifted.
We once again wish to assure supporters this will have no detriment to the ongoing success and development of the Club as we move forward. | | | |  |
| Burnley under transer embargo on 20:05 - Mar 12 with 3956 views | Superhoops2808 |
I doubt very much they are that bothered. In fact you could throw in a 10 point deduction and they would still cruise this league | | | |
| Burnley under transer embargo on 20:20 - Mar 12 with 3825 views | Lanhoop |
So both the top two are now under embargo's. Nothing to see here.  | | | |
| Burnley under transer embargo (n/t) on 22:04 - Mar 12 with 3525 views | LowerloftLad |
[Post edited 12 Mar 2023 22:04]
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| Burnley under transer embargo on 22:04 - Mar 12 with 3524 views | loftus77 |
A 50 (fifty) point deduction (nothing less) and I'm in to this. | | | |
| Burnley under transer embargo on 22:41 - Mar 12 with 3401 views | aston_hoop |
They'll be a Premier League club by the time the transfer Window opens again so it won't matter will it?
Not to detract from some of the very dodgy goings on there apparently | |
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| Burnley under transer embargo on 22:47 - Mar 12 with 3373 views | BazzaInTheLoft |
Football is so bent.
I used to hold Burnley up as the model QPR should be following. They were doing fine with their system of polishing gems and youth recruitment.
Never lose sight of the long term goal is the lesson here. Well maybe it isn’t a lesson actually as fck all difference is made. [Post edited 12 Mar 2023 22:54]
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| Burnley under transer embargo on 08:25 - Mar 13 with 3054 views | stevec |
Can someone explain to me what the difference is between Burnley being placed under a transfer embargo whilst all 24 of the clubs in this league are also under a transfer embargo for the entire season anyway, aside of January?
And when they go up and come straight back down will they also receive a £42 million fine? | | | |
| Burnley under transer embargo on 10:42 - Mar 13 with 2893 views | Juzzie |
I think you can still sign players under certain circumstances such as any without a club or maybe an emergency signing etc but chances of a clubs in Burnley's position needing to that is so slim it makes a mockery of the embargo. | | | |
| Burnley under transer embargo on 11:13 - Mar 13 with 2799 views | daveB |
basically under the rules if you file your accounts late you get a transfer embargo which is what has happened here. The timing of it means very little to Burnley obviously and is likely to be removed quite quickly but they are just implementing their rules for a change | | | |
| Burnley under transer embargo on 11:32 - Mar 13 with 2751 views | DavieQPR |
Just seems a strange time to change auditors and could have been done earlier. Unless, of course, they had some problem Burnley didn't like the answer to. | | | |
| Burnley under transer embargo on 13:16 - Mar 13 with 2579 views | enfieldargh |
Huddersfield maybe going into administration getting a 12 pt deduction, Wigan late paying wages once more....possible points deduction | |
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| Burnley under transer embargo on 13:24 - Mar 13 with 2550 views | terryb |
It's not always the case, but changing auditors can ring alarm bells & quite often means that something might be awry.
Of course, it could just be that the new auditors don't charge as much. | | | |
| Burnley under transer embargo on 14:12 - Mar 13 with 2441 views | themodfather |
we should form a new league based on points deducted! added points for debts for extra fun | | | |
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