Sheffield Wednesday Banter Archive June 27 2014

 

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27 Jun 2014 16:41:45
RC Lens - the French club owned by pending Sheffield Wednesday buyer Hafiz Mammadov - has had its promotion to Ligue Un suspended due to discrepancies in its budget for next season.

Lens have been informed by the National Directorate of Management Control (DNCG)- the financial regulation body of French football - that they will not be permitted to enter the top flight due to ‘insufficient financial guarantees. ’

The problem appears to revolve around a figure of ten million euros (around £7. 99m) which has not been transferred into the club’s accounts from major shareholder Mammadov in Arzerbaijan.

Club president Gervais Martel immediately announced an appeal against the decision and insists he is confident the suspension will be lifted.

Martel insists the issue has arisen due to a public holiday in Azerbaijan which caused a delay in the cash transfer and ensured it arrived after the DNCG made their judgement.

He said: “I went to spend a few days in Baku to set this up.

“What I can say today is that it is unfortunate that this decision is made in a matter of a day, on a payment date.

“But one simple reason: yesterday, June 26, it was the feast of the Armed Azerbaijan.

“It was a holiday and sending the funds was tabled on the 25th was not effective on the 26th for this reason, and it has not arrived.

“DNCG applied it’s regulations.

“I have absolutely no worries.

“We will appeal to the DNCG and we will provide all documents at the appropriate time.

“This is unfortunate but it is not very serious. ”

The club have appealed both to the French Football Federation (FFF) and the DNCG over the decision. The appeal is expected to be heard on July 3 or July 9.

Mammadov’s potential takeover of the Owls is currently undergoing the ratification process with the Football League.
This is what it says in the star and they fully explained why the situation has arisen and how it's going to be rectified so nothing at all to worry about.
Onwards and upwards and always look on the bright side a life WAWAW

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27 Jun 2014 16:03:23
Hope this takeover does not go wrong, especially with Rc Lens saga happening, no smoke without fire, WAWAW

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Just posted on other page - there is not even any smoke!
Just ask yourself if Mamma would put himself in the public eye buying "The Massive" if he couldn't afford to pay the "entry fee" to the French Ligue1 for Lens, having just spent big money to get them there? Does that make sense?
Truth is, there has been an "event", which has been fully explained, but believe it or not has been seized on by pseudo-journalists and turned in to a pseudo-scandal!
Apparently that's what pseudo-journos have to do to get their cheque at the end of the month.
Facts are not that important to most of them its the headline that matters!

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27 Jun 2014 13:45:28
ssn. Lens promotion to French prem suspended for failing financial criteria. Check it out its on the captions at bottom of screen. mik

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Article in star explains situation, nothing toworry about.

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