In 2013 English team Watford received a five-month transfer ban for breaching football rules during the period from September 2011 until former owner Laurence Bassini sold the club to Giampaolo Pozzo in June 2012. Watford and Bassini were found guilty of failing to inform the football authorities about financial agreements set up with a company called LNOC, in particular their role in the transfer of Danny Graham to Swansea City. During the embargo period Watford were still able to register players with prior permission from league officials.