leesaint88 Posted January 14 Posted January 14 https://www.bbc.co.uk/sport/football/articles/cx2y7l0dk02o This is the first season which requires all the naughty clubs (rumored to be 17 or 18 of the PL) to submit 23/24 accounts by the end of December. Surprisingly Leicester managed to escape any charges, but it was believed they may have done a 'Chelsea' and managed to sell something internally to get themselves out of dodge. Chelsea managed to stay away from any punishment by selling the women's team...to themselves, and the two hotels next to Stamford Bridge to a sister company.
trousers Posted January 14 Posted January 14 (edited) "If you can't beat them, join them" springs to mind.... Edited January 14 by trousers 1
Turkish Posted January 14 Posted January 14 I would assume in future if we are at risk one of our other clubs can simply by a player for a ridiculous fee and we're golden?
Convict Colony Posted January 14 Posted January 14 honestly i know the leciester thing is still in progress but their defence being that they were relegated and handed over their premier league status to luton 2 weeks before the accounting period ended meant that the premier league had no jurisdiction for that accounting period and used the exact same logic with the football league. They should be getting way more shit from football fans for this blatant dodging of penalties. 5
trousers Posted January 14 Posted January 14 (edited) On 14/01/2025 at 15:05, Convict Colony said: honestly i know the leciester thing is still in progress but their defence being that they were relegated and handed over their premier league status to luton 2 weeks before the accounting period ended meant that the premier league had no jurisdiction for that accounting period and used the exact same logic with the football league. They should be getting way more shit from football fans for this blatant dodging of penalties. Expand Or... The football authorities should be getting way more shit from football fans for allowing loopholes that facilitate the blatant dodging of penalties in the first place.... Edited January 14 by trousers 4
Colinjb Posted January 14 Posted January 14 On 14/01/2025 at 14:49, trousers said: "If you can't beat them, join them" springs to mind.... Expand This. We've always been utterly naive with how we approach these situations, just like us playing the kids during covid leaving us extremely vulnerable when our rivals just pleaded sickness and got postponements. The only time we tried anything remotely like this was the holding company nonsense Lowe tried before administration. We didn't get away with it.... 1
leesaint88 Posted January 14 Author Posted January 14 On 14/01/2025 at 15:11, trousers said: Or... The football authorities should be getting way more shit from football fans for allowing loopholes that facilitate the blatant dodging of penalties in the first place.... Expand Not sure what Leicester did a few years back was even a loophole, it was just shear incompetence from the football authorities that they couldn't see a club doing what they did. Extending the accounting period something so simple and perfectly legal, yet no one saw that one coming from inside the Premier League.
die Mannyschaft Posted January 14 Posted January 14 We need a creative accountant to move money around. CFC sold women's team to a club linked company and some with hotels. Just keep over spending to keep books balanced. That's why City will never be charged and points deducted, it's impossible think of all the sister companies, off shoots, feeder clubs, burger vans, ice cream vans City have.
Saint Scott Posted January 14 Posted January 14 (edited) On 14/01/2025 at 14:42, Toussaint said: We need a new system Expand There is a new system from next season, however it looks even worse on paper. Clubs can spend up to 85% of revenue or 70% for teams competing in Europe to align with UEFA rules Based on 22/23 revenues below, Man City would be eligible to spend £499.1m despite only having 70% compared to Bournemouth having £112.8m based on 85%. Edited January 14 by Saint Scott Added stats
benjii Posted January 14 Posted January 14 On 14/01/2025 at 15:05, Convict Colony said: honestly i know the leciester thing is still in progress but their defence being that they were relegated and handed over their premier league status to luton 2 weeks before the accounting period ended meant that the premier league had no jurisdiction for that accounting period and used the exact same logic with the football league. They should be getting way more shit from football fans for this blatant dodging of penalties. Expand Leicester are a bunch of cunts. Always cheating.
benjii Posted January 14 Posted January 14 On 14/01/2025 at 18:18, Saint Scott said: There is a new system from next season, however it looks even worse on paper. Clubs can spend up to 85% of revenue or 70% for teams competing in Europe to align with UEFA rules Based on 22/23 revenues below, Man City would be eligible to spend £499.1m despite only having 70% compared to Bournemouth having £112.8m based on 85%. Expand Good job all that Man City revenue is legitimate spoils from hard graft and commercial acumen. 1
Weston Super Saint Posted January 14 Posted January 14 On 14/01/2025 at 14:19, leesaint88 said: https://www.bbc.co.uk/sport/football/articles/cx2y7l0dk02o This is the first season which requires all the naughty clubs (rumored to be 17 or 18 of the PL) to submit 23/24 accounts by the end of December. Surprisingly Leicester managed to escape any charges, but it was believed they may have done a 'Chelsea' and managed to sell something internally to get themselves out of dodge. Chelsea managed to stay away from any punishment by selling the women's team...to themselves, and the two hotels next to Stamford Bridge to a sister company. Expand So in theory, we could sell the land we own to ourselves, or a sister company, then build 2 hotels and a casino on the land, then sell it back to ourselves allowing us to spend £300m or more without penalty. The system is a joke.
tdmickey3 Posted January 15 Posted January 15 On 14/01/2025 at 18:18, Saint Scott said: There is a new system from next season, however it looks even worse on paper. Clubs can spend up to 85% of revenue or 70% for teams competing in Europe to align with UEFA rules Based on 22/23 revenues below, Man City would be eligible to spend £499.1m despite only having 70% compared to Bournemouth having £112.8m based on 85%. Expand Looking after the big 6........ nothing changes, just calling it something else
leesaint88 Posted January 15 Author Posted January 15 On 14/01/2025 at 19:35, Weston Super Saint said: So in theory, we could sell the land we own to ourselves, or a sister company, then build 2 hotels and a casino on the land, then sell it back to ourselves allowing us to spend £300m or more without penalty. The system is a joke. Expand You could. What's annoying is rugby managed to see this and forced Exeter Chiefs to sell off privately rather than to themselves, and yet the Premier League seem perfectly happy to let this kind of thing go on.
Saint86 Posted January 15 Posted January 15 (edited) Doesn't surprise me that no one has been charged. But it is very frustrating that we've jumped through various hoops to comply with it (upon relegation and this past summer window) only for Leicester to seemingly ignore it entirely. Edited January 15 by Saint86 1
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