Cherries have transfer embargo relaxed

Published Add your comment

Football News

Bournemouth have had their transfer embargo relaxed by the Football League having settled their tax bill with Her Majesty's Revenue and Customs.

Cherries chairman Eddie Mitchell has managed to clear the outstanding debt of around £314,000 ahead of next week's High Court appointment over a winding-up petition.

Subsequently, the embargo will now revert back to the same level that it was at back in 2008, meaning all transfer dealings involving the League Two club will be closely monitored until August 2011.

Having only been granted emergency loans for the past 14 months, manager Eddie Howe is now free to do business when the window reopens in the summer.

The emergency loan window closed at 5pm on Thursday, although the Football League are understood to have ratified the extension of Rhoys Wiggins' stay from Norwich after Bournemouth completed the paperwork in time.

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

League Two

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again