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But whilst they have these players they now can have a second and possibly third bite at getting promoted if they had them on long enough contracts. They would also now not be buying players and if having successful seasons with large crowds and whittling down the debts.

Exactly

The whole thing sounds very flawed to me and a lot of making it up as you go along. Don't forget Barber was telling us all last season, that it was possible for us to be fined and the money could be used to finance a Palace promotion. This year it could go to the Battersea dogs home.

In which case they have a great squad all lined up for a second season.

Has there been any statement as to how long this embargo would stand for. I am thinking that a club like Forest, who have been spending to bring in Tom, Dick and Harry in an effort to get promotion this year. If they miss out and they have all these players signed this season on 2/3 year...

What happens if the club can't pay, as I presume Palace would not have been able to do in 2010. Would the league then apply for a winding up order along with the HRMC? Would clubs like Palace be allowed to pay the fines at a penny in the pound?