Embargo saga It's over at last

Re: Embargo saga continues

Postby Martin » Thu Jul 11, 2024 4:02 pm

Confirmed on the Website
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Re: Embargo saga continues

Postby Redalert1970 » Thu Jul 11, 2024 4:16 pm

Some good news at last

Now Mr Adams can do his stuff now and assemble league 2 winning squad lol
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Re: Embargo saga continues

Postby redrobo » Thu Jul 11, 2024 4:17 pm

Correct me if I am wrong but it sounds as though by HMRC own admission that our club have done nothing wrong. If that was the case why such a lengthy embargo?
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Re: Embargo saga continues

Postby Westgate Wanderer » Thu Jul 11, 2024 4:30 pm

Can we change the title of the thread?
Don't worry be happy!
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Re: Embargo saga It's over at last

Postby redrobo » Thu Jul 11, 2024 4:37 pm

Sorted... :D :D :D
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Re: Embargo saga It's over at last

Postby Billy bodger » Thu Jul 11, 2024 5:05 pm

One hurdle down, who ever settled the VAT, thou it seems that we should never have been put in embargo!

Now we need the ownership of our Club settling, are the two linked?

If they are will we get news soon?

Anyway good luck to Derek with now getting on assembling his new squad. We have 4/5 as a starting block that will do well for us, I hope he gives them all a chance, especially Charlie, he did well in the second half of last season.
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Re: Embargo saga It's over at last

Postby Westgate Wanderer » Thu Jul 11, 2024 5:15 pm

redrobo wrote:Sorted... :D :D :D
well done on such a rapid response! :D
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Re: Embargo saga It's over at last

Postby Redalert1970 » Thu Jul 11, 2024 9:53 pm

This is the bit of the statement I don't understand ....

Their transfer restriction has been suspended for two years and reduced to one window.

If that's the case how are we allowed to register new players
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Re: Embargo saga It's over at last

Postby John L » Thu Jul 11, 2024 10:07 pm

Redalert1970 wrote:This is the bit of the statement I don't understand ....

Their transfer restriction has been suspended for two years and reduced to one window.

If that's the case how are we allowed to register new players


https://www.efl.com/news/2024/july/11/efl-statement--morecambe-fc/
The restriction will be triggered should there be a further breach of the current time-to-pay agreement between the Club and HMRC.

The registration embargo placed on the Club in March 2024 following the initial breach has now been lifted.
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Re: Embargo saga It's over at last

Postby P/T Indie » Fri Jul 12, 2024 6:22 am

Isn't the restriction a value of what we are allowed to spend. As we never pay for anyone it's not really an issue.
Eintracht Branschweigs answer to Shrimps Voices

http://eintracht-demo.forumieren.com/index.htm

For a great footballing day out
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Re: Embargo saga It's over at last

Postby Billy bodger » Fri Jul 12, 2024 7:59 am

Redalert1970 wrote:This is the bit of the statement I don't understand ....

Their transfer restriction has been suspended for two years and reduced to one window.

If that's the case how are we allowed to register new players


We were found guilty, given a fine and the one-transfer window restriction suspended for two years, so the embargo has been lifted as long as we don’t default again!

You have written it the wrong way round, so it reads differently!!
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Re: Embargo saga It's over at last

Postby vvm » Fri Jul 12, 2024 8:43 am

Weird how they say we did nothing wrong yet also found guilty and had to pay a fine.
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Re: Embargo saga It's over at last

Postby nobbyshrimp » Fri Jul 12, 2024 1:05 pm

It was a technicality that we did breach but equally didn’t do anything wrong which Graham said right from the off and which was agreed a strange situation but because we indirectly did breach the rule that makes us guilty
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Re: Embargo saga It's over at last

Postby Gone_Shrimping » Fri Jul 12, 2024 2:00 pm

A fine of £5,131 for the club to pay as well.

Clubs like Man city would pay it from the petty cash tin but it's a big slap in the face for a club like the Shrimps.
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Re: Embargo saga It's over at last

Postby Westgate Wanderer » Fri Jul 12, 2024 5:36 pm

The trust could pay the fine.
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Re: Embargo saga It's over at last

Postby Billy bodger » Fri Jul 12, 2024 5:40 pm

Westgate Wanderer wrote:The trust could pay the fine.


Jason (:twisted: :twisted: ) could pay it as a goodbye present or even his preferred bidders.
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