Latest news with #transferembargo
BBC News
08-07-2025
- Business
- BBC News
Hull City owner hopeful sanctions will be lifted
Hull City chairman Acun Ilicali has said the club has "zero conflict with any clubs" after they were placed under restrictions stopping them from paying a fee for any player in the next three transfer English Football League punished the Tigers for missing payments on the loan signing of Aston Villa forward Louie Barry in Monday, BBC Radio Humberside reported they had paid the loan fee to Manchester City for defender Fin Burns, who spent the 2024-25 season with the club, to avoid another EFL transfer an open letter to fans,, external Ilicali said the club had had a cash flow problem because of monies owed to them did not arrive and that they are "confident" they will win their appeal against the sanctions. "The Fin Burns situation is actually quite simple. We intended to use proceeds of a player sale to settle this fee and as soon as the EFL told us this wasn't possible - due to reasons not related to us, we made a direct payment immediately to end the matter," Ilicali said."With regards to payments to suppliers, unfortunately, the club experienced a cash flow issue when it didn't receive a £1.5m payment for a player which was intended to clear invoices from suppliers."I will cover this shortfall until we receive the funds we are owed and our team are in communication with all suppliers to rectify any outstanding issues as soon as possible."I want to reassure our fans that we have zero conflict with any clubs. Perhaps there were some finance administrative errors but I am sure the EFL will be understanding to our appeal and we are confident in our case."The Tigers avoided relegation to League One on goal difference last season and have since replaced head coach Ruben Selles with Bosnian Sergej is now in charge at Sheffield United.
BBC News
07-07-2025
- Business
- BBC News
Tigers forced to pay second outstanding debt
Hull City have been forced to settle an outstanding debt for the second time in a week to get another transfer embargo Radio Humberside understands it relates to an overdue payment to Manchester City for last season's loan signing of defender Fin Tigers had been notified late on Friday that they had once again been placed under a transfer embargo, but a source has told me the debt was paid on Monday, meaning the embargo has been the overdue payment not been made by 16:00 BST on Tuesday, the latest sanction would have been reported publicly on the official website of governing body, the EFL, as per their standard club have been approached for made 11 appearances in all competitions last season but did not feature after the 3-0 win at Sheffield United on 24 weekend Tigers owner Acun Ilicali defended the club's position regarding the three-window fee restrictions punishment relating to forward Louie Barry's loan from Aston Villa, claiming the issue is "a misunderstanding" and said they were confident of a positive outcome having lodged an appeal against the fee restrictions penalty is separate from any transfer embargo and can only be removed, or reduced, upon a successful it stands, under the current limitations of those sanctions, the Championship side are unable to buy or sign any players that would cost them a transfer fee. They can only bring in free agents or loanees but with no additional payments made such as signing bonuses or loan fees.
Daily Mail
04-07-2025
- Business
- Daily Mail
Championship cub handed transfer embargo until January 2027 'as a result of late payment of £1m debt to Premier League side'
A Championship club have confirmed that they have been hit with a lengthy transfer embargo. The embargo will mean that they will be unable to sign players for the following three windows but they do have the right to an appeal. Hull City took to X on Friday to announce the news, posting: 'we can confirm that we have received notification from the EFL that we are subject to a transfer embargo and a three-window fee restriction with immediate effect. 'We will appeal the three-window fee restriction and are confident of resolving the matter as soon as possible.' There have been concerns over the club's finances and talkSPORT report that the embargo is primarily the result of a late payment to Aston Villa. The club were late in paying the £1m owed as part of the deal to bring in Louie Barry on loan in January Barry joined the Tigers for the second half of the season but suffered a season-ending injury just a month later. The club went on to escape relegation on goal difference following a final day draw with Portsmouth. Barry played just four games for the club and the move could now cause some serious long-term damage. The news comes in a week when owner Acun Ilicali told supporters at a question and answer session that the Tigers do not have money problems. Speaking to BBC Radio Humberside on Monday, Ilicali also dismissed concerns and questions about the club's mounting debt - that in the last set of accounts showed losses in excess of £60m. "We don't owe any money to anybody - the club owes money to me and I am the owner," Ilicali said. "I am spending from my pocket but we have extremely good players in the squad. I can say to the fans do not be under stress, we are fine."
Yahoo
04-07-2025
- Business
- Yahoo
Hull handed transfer embargo until 2027
Hull avoided relegation on goal difference last season, finishing 21st in the Championship [Getty Images] Hull City have been handed a transfer embargo for three transfer windows - which means they will not be able to pay a fee for a player until January 2027. There are concerns over the club's finances after they were late making transfer payments to Aston Villa for the loan of winger Louie Barry last season. Advertisement That debt has now been settled but the delay was too long for the English Football League, who are set to confirm the Championship club's transfer ban on Friday. City do have a right to appeal against the decision but BBC Radio Humberside understands the club owe money to a number of additional creditors, including other clubs for previous transfers. BBC Radio Humberside have approached Hull City for a comment. The news comes in a week when owner Acun Ilicali told supporters at a question and answer session that the Tigers do not have money problems. Speaking to BBC Radio Humberside on Monday, Ilicali also dismissed concerns and questions about the club's mounting debt - that in the last set of accounts showed losses in excess of £60m. Advertisement "We don't owe any money to anybody - the club owes money to me and I am the owner," Ilicali said. "I am spending from my pocket but we have extremely good players in the squad. I can say to the fans do not be under stress, we are fine."
BBC News
04-07-2025
- Business
- BBC News
Hull handed transfer embargo until 2027
Hull City have been handed a transfer embargo for three transfer windows - which means they will not be able to pay a fee for a player until January are concerns over the club's finances after they were late making transfer payments to Aston Villa for the loan of winger Louie Barry last debt has now been settled but the Championship club's transfer ban is set to be confirmed by the English Football League on do have a right to appeal against the decision but BBC Radio Humberside understands the club owe money to a number of additional creditors, including other clubs for previous Radio Humberside have approached Hull City for a comment. The news comes in a week when owner Acun Ilicali told supporters at a question and answer session that the Tigers do not have money to BBC Radio Humberside on Monday, Ilicali also dismissed concerns and questions about the club's mounting debt - that in the last set of accounts showed losses in excess of £60m."We don't owe any money to anybody - the club owes money to me and I am the owner," Ilicali said."I am spending from my pocket but we have extremely good players in the squad. I can say to the fans do not be under stress, we are fine."
