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That was the original and the worst one... at least clubs are now hit with points penalties. The Leeds one was pretty bad, as it seemingly involved Bates clearing the debt and then getting his hands on the club again debt free.

dunno. just thought i'd throw that in there for fun. i try and avoid the tedious palace threads so i have next to no idea how they're doing... other than something i read that suggested their 'business plan' involved losing millions every year, without ever addressing the issue of their...

Is that workable? How quickly will it take to asses the accounts and then apply the embargo? Surely this could take weeks... so clubs can get their transfer business done in early Jan before the embargo appears? Do you think FFP will make any difference?

Nail on head. Until this route is closed off, nothing will change. FFP certainly won't make much difference... if you completely ignore FFP rules and make no effort to comply (like Palace!) with them, racking up debts and spending a fortune on wages, and secure promotion because of this... the...