Transfer Window 26/27 Summer Embargo Window

[SteMerritt]

 

[Foley]

But in fairness it's his role to liaise with the owner and ensure funds are in place to avoid this, surely?

The buck stops with him? It's not ET not making the requisite funds available, it's ET probably not even being made aware that it what it's expected of him.

That's on Williams.

How on earth do you know any of that? Pure speculation.
Ultimately Thohir funds the club. The worry is that he may not be able/ prepared to fund what we need.

 

[Victor1986]

How on earth do you know any of that? Pure speculation.
Ultimately Thohir funds the club. The worry is that he may not be able/ prepared to fund what we need.

The whole thing is very worrying - no good us pointing a finger. How do you think our existing players are feeling right now? Great preparation eh?

 

[SwissYellow]

It's the rollercoaster of our Championship journey.

Speculation that access to money has been tightened, who's to blame

I doubt we'll have a detailed amount of information from the club, if anything.

Glad Oxvox are on it.

 

[SwissYellow]

I like you Swiss, but that's possibly the worst thing I've read today.

Custodians come and go, fans remain. The club always belongs to the fans.

In spirit but not with shares or actual ownership.

Erick can do what the hell he likes. Its modern football.

May not be a fan of it but shrugs..

 

[Boris]

I like you Swiss, but that's possibly the worst thing I've read today.

Custodians come and go, fans remain. The club always belongs to the fans.

That's a nice sentiment, but that's all it is. In reality the club belongs to its shareholders and Thohir is by far the majority shareholder. The only way that you can claim that club belongs to the fans is if the fans are able to mount a takeover and, in the unlikely event that we do, it'll be bye-bye new stadium (where are the fans going to get ~£200 million from) and probably bye-bye competitiveness at a reasonable Football League level. You have to ask yourself if the resultant sustainability of the club is worth that cost

 

[Boris]

If the owner is NOT providing the funds then the owner will need to sell. Pure & simple.

I don't know, but I very much doubt selling a football club is simple, given the problems various other clubs have had in the past. I suspect it's a very complex set of negotiations to be had and rules to be obeyed, in addition to all the necessary financing (basically taking over a machine for debt production) even if a buyer could be found

 

[Bicester Yellow]

If there is any silver lining, you'd hope he may have been aware before being sold the dream. That said, if this is about proof of funding, then the embargo would then be lifted quickly.

That said, who'd blame the guy for walking out.

As for ET and those targeting the man who has handed over a fortune, you might ask, as a counter-argument, why he and Dusan may have stopped the outrageous spending around the football club. I am not going to start defending UK management who have contributed to three embargos in several seasons.

If he’s stopped providing funding then that is his perogative but if he has and the day to day people can’t provide funding of that then that is why we find ourselves where we are.

Time will tell, if Williams is shown the door we will have our answer.

 

[battman]

It appears like it could be one of two things, we either have the funds and there's been a delay in processing them, or we've miscalculated the SCMP and we thought we'd hit the 65% mark but haven't.

The first will just require the transfer of funds, the second will also require them, but it's not guaranteed if they're forthcoming from the ownership. And if it's the latter, one thing we don't know is just how far off the 65% we are. Could it be by getting a player or two off the wage bill? Or is it a more significant margin and there's been a massive miscalculation error?

We need to hear from the club as soon as possible to know exactly what's gone on, as if this isn't resolved ASAP this will mean we'll miss out on signings.

 

[CaptainOx]

Think the funding proof requirement is having x amount of cash in the bank that covers all costs for x amount of time.

Owners don’t like stale cash sat in banks as proof they can do something, because it’s inefficient.

So often it’s a case of the owner depositing what they need to, to get the embargo lifted.

If there isn't the money to deposit or intention to deposit it, then this will spiral.

 

[Keeper65]

So if it's related to not proving the funding, let's do the business model for Tim.

I'd expect turnover to fall from around £20m to £12m. We've already brought in roughly £0.7m (OR) from player sales, so under the 65% SCMP allowance that gives a player (and manager) budget of £8.3m.

I'm assuming last season's player-related wage bill was about £16m. If we strip out the players who've already left, that probably takes it down to around £15m. Apply an average 20% relegation wage reduction and you're left with a wage bill of roughly £12m.

So we have a gap of £4m to bridge and that requires an £8m equity investment or player sales of £8m or combination of both. Now if we are to believe the funds are there (for stadium etc. and he has been funding significant losses in the past), could it be that we are just waiting to see who we (Aaron Ramsey) wants to sell before committing the right value of equity?

Easy answer is to sell more players but that will only be the following;
£3m - Mills
£2m - BDK
£1.5m - Goodrham
£1.5m - Spencer
£1m - Helik
That's £9m - but we kill hopes of promotion and make the season after even worse when it's down to 50% SCMP...

Conclusion - we need one of Mills of DBK to go, and then a commitment of £6m equity from ET.

So the 17 players that have been released this summer had a wage bill of £1m and the 21 remaining £15m , yes makes perfect sense!

 

[ArrowsNumber9]

This is all a bit “Tim” pot isn’t it!

 

[CaptainOx]

So the 17 players that have been released this summer had a wage bill of £1m and the 21 remaining £15m , yes makes perfect sense!

17?
I can get to 13 potentially.
There were 10 named in the club piece plus Richard McIntyre also was. So 11.
Marselino unknown status whilst Ingram has departed.

 

[Keeper65]

17?
I can get to 13 potentially.
There were 10 named in the club piece plus Richard McIntyre also was. So 11.
Marselino unknown status whilst Ingram has departed.

10 players out of contract, 5 players on loan , then add NEgru + Ingram = 17. Although on reflection Negru was one of the 10

 

[Digby]

Just a little sentimental moment , Will Lanksheare wearing his OUFC training Vest with badge in training back in Tottenham yesterday!

 

[West Oxon U’s]

In February the season had started and the club had Championship income.

The fee for Prelec was reported at £850,000 in several reputable media sites in February.

Of course the fee will be paid over the term of Prelec’s contract but it seems a juicy fee nonetheless.

Is he in pre-season training with us?

 

[Digby]

Just a little sentimental moment , Will Lanksheare wearing his OUFC training Vest with badge in training back in Tottenham yesterday!

 

[CaptainOx]

10 players out of contract, 5 players on loan , then add NEgru + Ingram = 17. Although on reflection Negru was one of the 10

Bradshaw, Dale, Findlay and Negru were all part of the 10.

 

[yellowbow]

I haven’t caught up with this thread so apologies if I’m a little bit behind So am I right in thinking that’s two transfer embargo’s in three years?

Wasn’t the last one something to do with the delay of funds being released in foreign countries or something similar?

 

[Keeper65]

Bradshaw, Dale, Findlay and Negru were all part of the 10.

The Loan Players I was referring to were Lankshere,Donely,Davies,Kona,Makosso all of which would of been on hefty weekly salaries

 

[Osleroad]

I see Shrewsbury are subject to a fees restriction because of unpaid debt (?) - nothing in embargo section ,- that's not to say that are still some 'i's" to be dotted.

 

[West Oxon U’s]

Think the funding proof requirement is having x amount of cash in the bank that covers all costs for x amount of time.

Owners don’t like stale cash sat in banks as proof they can do something, because it’s inefficient.

So often it’s a case of the owner depositing what they need to, to get the embargo lifted.

If there isn't the money to deposit or intention to deposit it, then this will spiral.

Given the EFL regulatory regime - compliance is not a choice. You have to do everything correctly and above board otherwise the club’s name will be dragged through the mud.

The funds have to be there in good order and, I, of course understand that getting significant funds from Jakarta to London through the banking system with the anti-money laundering checks at play is not an easy and straightforward exercise.

 

[SwissYellow]

Add in if you expected two player sales to happen, that didnt, may cause a shortfall. Companies teeter on the brink so often its scary, the fact its football is what makes it public.

A forecast may show you are sailing close to the wind on your monthly cash flow projections, a couple of blips can turn that into a painful immediate payable beyond your resources.

 

[Common Villager]

I haven’t caught up with this thread so apologies if I’m a little bit behind So am I right in thinking that’s two transfer embargo’s in three years?

Wasn’t the last one something to do with the delay of funds being released in foreign countries or something similar?

 

[SwissYellow]

I believe its a temporary shortfall that gets resolved and was due to unexpected payables or expenditure. Erick as his position within FIFA and the Olympic movement wouldn't want to have this happen again.

Note that Inter Milan had frequent debt and cash flow issues while under Erick's ownership as did DC United.

Erick leverages the club and borrows, he doesn't tend to put his own money in for various reasons.

There's been rumours for a few years that the club is up for sale or needs new investor partners, things could jsut be really tight right now.


Worst case this is the start of something that resembles a fire sale and mothballing of the clubs expenditure down to minimal levels before an exit can take place.

 

[SwissYellow]

No one involved seems to have access to actual cash. Madness really.

 

[Benox]

So if it's related to not proving the funding, let's do the business model for Tim.

I'd expect turnover to fall from around £20m to £12m. We've already brought in roughly £0.7m (OR) from player sales, so under the 65% SCMP allowance that gives a player (and manager) budget of £8.3m.

I'm assuming last season's player-related wage bill was about £16m. If we strip out the players who've already left, that probably takes it down to around £15m. Apply an average 20% relegation wage reduction and you're left with a wage bill of roughly £12m.

So we have a gap of £4m to bridge and that requires an £8m equity investment or player sales of £8m or combination of both. Now if we are to believe the funds are there (for stadium etc. and he has been funding significant losses in the past), could it be that we are just waiting to see who we (Aaron Ramsey) wants to sell before committing the right value of equity?

Easy answer is to sell more players but that will only be the following;
£3m - Mills
£2m - BDK
£1.5m - Goodrham
£1.5m - Spencer
£1m - Helik
That's £9m - but we kill hopes of promotion and make the season after even worse when it's down to 50% SCMP...

Conclusion - we need one of Mills of DBK to go, and then a commitment of £6m equity from ET.

The numbers seem pretty realistic. The only bit I'd question is 'So we have a gap of £4m to bridge and that requires an £8m equity investment or player sales of £8m or combination of both.' My understand is that equity investment and player sales are not treated the same. So you'd need to invest £8m equity if you didn't want to sell anyone, but you'd only need to sell £4m worth of players to fit the salary cap, not £8m. So if we used your fee of £3m for Mills and we sold him, we'd also save £350k off the wage bill so that would be a £3.35m gain and leave us pretty close to where we need to be. Getting £3m for Mills when clubs know you need to sell him might be more of a challenge.

Do correct me if I'm wrong though, I haven't been able to find the detailed salary cap description anywhere yet so slightly feeding off scraps. And obviously there's a fair chunk of guesswork that goes into these numbers anyway.

 

[battman]

View attachment 36361
No one involved seems to have access to actual cash. Madness really.

Yeah it’s all borrowing using their assets as collateral, so when it comes to the time where they have to pay it off, their assets have more than increased in value to cover it, so for the very wealthy it’s basically an infinite money glitch

 

[Northstand Grandad]

Hull city managed ok with an embargo

 

[MarkG]

The weak Indonesian Rupiah probably doesn't help either. Down 20% since the start of 2024.

 

[lodeyellow]

Thinking about it if we all pledged £2 a week x 7000 st holders then we could pay a players weekly salary maybe 2 £14000 a week.

I still have quite a few 12th Man badges somewhere.