PSR - No charges....

[leesaint88]

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. 

[Toussaint]

We need a new system

[trousers]

"If you can't beat them, join them" springs to mind....

Edited 13 hours ago by trousers

[Turkish]

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]

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.

 

 

[trousers]

6 minutes ago, 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.

 

 

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 13 hours ago by trousers

[Colinjb]

25 minutes ago, trousers said:

"If you can't beat them, join them" springs to mind....

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....

[leesaint88]

1 hour ago, 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....

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]

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]

3 hours ago, Toussaint said:

We need a new system

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 10 hours ago by Saint Scott
Added stats

[benjii]

3 hours ago, 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.

 

 

Leicester are a bunch of cunts. Always cheating.

[benjii]

8 minutes ago, 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%.

Good job all that Man City revenue is legitimate spoils from hard graft and commercial acumen.

[Weston Super Saint]

5 hours ago, 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. 

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.