This has just popped up on my Facebook from Hull City Pro. Doesn't he know that loan loophole has been closed now? http://www.ftbpro.com/posts/mark.ch...-buy-english-club?ref=facebook&team=Hull City
Not quite. Owning both clubs means regardless of the transfer fee, you'd just be giving money to yourself and so can get around it that way.
The loan loophole hasn't been closed, they've still to vote on it, and even then it would only apply to loan deals not "permanent" transfers. It's still a bit rich any of our fans complaining about them taking too many loans by exploiting the fact foreign ones don't count though. We exceeded the limit the last time we were in the PL by using the same loophole, and we're pretty likely to do it again given how small the squad is. The issue PLT and a couple of others have been talking about is a seperate one entirely. You can't stop them transferring players on permanent deals where the player really knows that signing for one club means signing for the biggest of the clubs concerned. If they can see other foreign clubs wanting to do it I can see quite a few chairmen being reluctant tot close the loophole when they see the possibility of selling some of their shares and getting some investment into their club first.