|
| + Visit Rotherham United FC Mad for Latest News, Transfer Gossip, Fixtures and Match Results |
I look forward to following this young fella's career. That keeper we had on loan did quite well.
Coventry have just come out (3 days before Xmas) of their embargo which is surprising seeing that the rumours still say they’ve no money and might not have a ground to play on next season
If you can understand the rules and regulations please explain them to me.
It used to be £39m over 3 years, it may have altered. It's called Profit & Sustainability in the Championship. They gave clubs a lot of leeway due to covid. A wealthy owner used to be able to offset losses by putting in equity but not loans.
Parachute payments are about to be altered slightly and Premier payments will be paid on merit. Higher up the championship the more clubs gets.
Not certain but I don't think its been signed off by championship club. Finer details to check beforehand.
As of 16th November
" SISU Capital Ltd, the owners of Coventry City Football Club, has agreed – subject to EFL approval – to sell a majority stake in the football club to local businessman, Doug King, who will take an 85% share.
The deal will involve clearing all of the Club’s current debts, leaving it debt free"