It could get worse today

[The Fat Controller]

Apparently we have missed a payment to Notts County for McGoldrick as well documented late last week , The FA could sanction a transfer embargo on Saints due to this meaning we cannot buy or SELL any players. Let's hope not

[Scummer]

A transfer embargo when we aren't even in a transfer window is the least of our worries.

[The Fat Controller]

but we could still do pre- window deals with other clubs to raise cash by selling players???? not worried now???

[dubai_phil]

but we could still do pre- window deals with other clubs to raise cash by selling players???? not worried now???

 

No WE cannot. The players will be listed as "assets"

 

Until the administrator has viewed all the actual firm bids and assessed their value and their terms and conditions, he cannot dispose of or make any agreements to dispose of the players.

 

For example IF he decided to pre-contract Lallana to Fulham as rumoured and accept a value of 500k when a consortium valued him at 1mil, it could make his position difficult in regards to maximising value.

 

Mind you it COULD be a problem IF he becomes a liquidator not an administrator or fails to find the cash flow to keep going all week because donations have not been enough, but more likely to be next weeks problem.