After breaching the Financial Fair Play rules of the Football League, Cardiff City become the latest club to be placed under a transfer embargo.
BBC Wales Sport ‘understands’ that the falling foul of the FFP rules, and subsequent ban for the duration of the January 2016 transfer window, is due to the debts that the Bluebirds have accrued. In being placed under embargo, Cardiff become the fourth Championship side to currently be blighted in this way joining Bolton, Fulham and Nottingham Forest.
Quoted on BBC Sport, Cardiff chairman Mehmet Dalman says that the embargo itself is something that Cardiff will comply with, yet don’t necessarily agree with, Dalman saying, “It’s a technical interpretation of a specific clause that we seem to be differing with and we’ll continue to argue that point.”
An announcement on the Cardiff website confirmed this series of events and reads,
“Cardiff City Football Club can confirm that it has been made subject to an FFP embargo during the January 2016 transfer window.
Whilst extremely disappointed that the Football League has decided to take this action, we will remain co-operative and compliant with the League’s position in respect of Financial Fair Play.
Having fully disclosed all matters in respect of our FFP position for 2014/15 and having taken independent expert advice, it is our firmly-held view that Cardiff City Football Club has indeed complied with the FFP requirements for season 2014/15 – contrary to the League’s position.
As such, further advice will be sought, prior to a decision being made internally as to whether or not an appeal will be lodged.”
Cardiff chairman confirmed this appeal procedure and himself said, “We are disappointed. We will look into it and will consider and take advice on an appeal, but within the spirit of the rules the League have put to us.”