| Leicester - PSR 10:17 - Jan 14 with 5136 views | GavTWTD |
No charges brought according to LCFC |  |
| |  |
| Leicester - PSR on 11:27 - Jan 14 with 947 views | tonybied |
Wow, who could've predicted this!
|  | | |
| Leicester - PSR on 11:29 - Jan 14 with 928 views | Exiled2Surrey |
| Leicester - PSR on 10:30 - Jan 14 by Trequartista |
If they have then Kieran Maguire, the guru that everyone listens to about this, has egg on his face, but my suspicion that they've cited an ongoing legal case as the reason no charges are brought against LCFC means they were over. |
On the last Price of Football podcast, he was continuing suggest that numbers would have LCFC failing , but he also indicated that his sources in Leicester suggested they were confident that they would still get no punishment. The two possible reasons he could point to were either they sold something to someone at a very high price v book value, generating an enormous accounting profit, or that they argued that they should be a considered a premier league team for the full three year period. Not sure if todays news is indicating the latter? |  | | |
| Leicester - PSR on 11:30 - Jan 14 with 917 views | Churchman |
Imagine my surprise. Time to stop wasting everybody’s time and say that clubs can spend whatever they want. The Man City’s will do that anyway. |  | | |
| Leicester - PSR on 11:33 - Jan 14 with 886 views | Trequartista |
| Leicester - PSR on 11:29 - Jan 14 by Exiled2Surrey |
On the last Price of Football podcast, he was continuing suggest that numbers would have LCFC failing , but he also indicated that his sources in Leicester suggested they were confident that they would still get no punishment. The two possible reasons he could point to were either they sold something to someone at a very high price v book value, generating an enormous accounting profit, or that they argued that they should be a considered a premier league team for the full three year period. Not sure if todays news is indicating the latter? |
I suspect Maguire will tweet his opinion once he's studied all the information. |  |
| |
| Leicester - PSR on 11:47 - Jan 14 with 825 views | Trequartista |
| Leicester - PSR on 11:27 - Jan 14 by tonybied |
Wow, who could've predicted this!
|
If another loophole has been found, and this is still speculation at the moment, the EPL have got to take some blame for this mess. Did they employ Lionel Hutz to draw up these rules? | |
| |
| Leicester - PSR on 11:52 - Jan 14 with 801 views | Exiled2Surrey |
| Leicester - PSR on 11:33 - Jan 14 by Trequartista |
I suspect Maguire will tweet his opinion once he's studied all the information. |
He def wants to be in the middle of this… | | | |
| Leicester - PSR on 11:54 - Jan 14 with 777 views | ElderGrizzly |
| Leicester - PSR on 11:33 - Jan 14 by Trequartista |
I suspect Maguire will tweet his opinion once he's studied all the information. |
Maguire is usually spot on too, but won't have every bit of info on each club.
However, the clubs will have employed some very expensive lawyers and accountants (as we will have done) to ensure every loophole is exploited. |  | | |
| Leicester - PSR on 11:56 - Jan 14 with 762 views | Exiled2Surrey |
| Leicester - PSR on 11:18 - Jan 14 by Trequartista |
I'm reading elsewhere now that Leicester are indeed compliant this season as they've found another loophole.
"loophole which entitles Leicester to claim the full £35m allowance in their first season back in the Premier League. "
It goes on to say
"Ipswich are also unlikely to be thrilled at discovering that they could have spent more on transfer fees following promotion last summer, as they were working to a PSR threshold of £39m for the last three years based on two seasons in League One and one in the Championship." |
So looks like what we need more urgently than a Cat 1 academy and an international scouting network, is a sh1t hot legal team | | | |
Login to get fewer ads
| Leicester - PSR on 11:59 - Jan 14 with 739 views | bsw72 |
| Leicester - PSR on 11:13 - Jan 14 by Samuelowen88 |
Chelsea apparently sold their women's team to their own company, and some hotels to a company owned by their owners.
So, nothing fishy there at all |
Standard business practice - a lot of football clubs were owned by larger businesses because of the loss making tax benefits they could reap historically. PSR kind of put a block on that.
Businesses often sell companies between their portfolios as it suits outside of football, as long as it is within local business regulations. |  | | |
| Leicester - PSR on 12:00 - Jan 14 with 736 views | Swansea_Blue |
| Leicester - PSR on 11:47 - Jan 14 by Trequartista |
If another loophole has been found, and this is still speculation at the moment, the EPL have got to take some blame for this mess. Did they employ Lionel Hutz to draw up these rules? |
It seems the player swaps for vastly inflated fees between the clubs likely in breach is central to all this. It was reported on at the time, but then went pretty quiet. It makes a mockery of the whole process. |  |
| |
| Leicester - PSR on 12:04 - Jan 14 with 706 views | JammyDodgerrr |
| Leicester - PSR on 11:29 - Jan 14 by Exiled2Surrey |
On the last Price of Football podcast, he was continuing suggest that numbers would have LCFC failing , but he also indicated that his sources in Leicester suggested they were confident that they would still get no punishment. The two possible reasons he could point to were either they sold something to someone at a very high price v book value, generating an enormous accounting profit, or that they argued that they should be a considered a premier league team for the full three year period. Not sure if todays news is indicating the latter? |
They sold Barnes for 38m, Castagne for 15m, Dewsbury-Hall for £30m and got around 15m for Maresca and his staff. They spent a fraction of that, they were always going to be clear for this set of accounts. |  |
| |
| Leicester - PSR on 12:10 - Jan 14 with 687 views | Xatticus |
| Leicester - PSR on 10:27 - Jan 14 by SheffordBlue |
After the last few seasons of clubs getting points deductions it might be that clubs are being more careful of abiding by the rules as they currently stand. Whether those rules are fit for purpose is a slightly different argument. |
This seems to be it. I read an Athletic article recently that mentioned it was unlikely any clubs would be found in violation this season, but it also made it seem as though that is due in large part to teams figuring out how to bend the rules by selling assets to secure additional income or by shuffling youth players back and forth between clubs. | | | |
| Leicester - PSR on 12:32 - Jan 14 with 638 views | Exiled2Surrey |
| Leicester - PSR on 12:04 - Jan 14 by JammyDodgerrr |
They sold Barnes for 38m, Castagne for 15m, Dewsbury-Hall for £30m and got around 15m for Maresca and his staff. They spent a fraction of that, they were always going to be clear for this set of accounts. |
Understood, but I thought the relevant analysis was over a three year period - clearly the headlines were on the 23/24 numbers, so maybe there is more to come (as has been suggested elsewhere)... | | | |
| Leicester - PSR on 12:39 - Jan 14 with 615 views | OldFart71 |
I think back biting and scratching around for reasons why other teams should be penalisedx is pointless. yes it's wrong that those who flaunt the rules can just walk away, but doesn't that happen in many aspects of life ? We should just get on with our own business. It's in our hands. If we fail we go again. Life unfortunately is strewn with unfairness. How long have the bigger clubs had decisions that lesser clubs don't ? Answer is for yonks. Remember Fergie time, remember certain refs over the years who we can't say they were bent but they gave Yuri Geller a run for his money. Just get on with the job and hope KM and the lads pull us through. | | | |
| Leicester - PSR on 12:44 - Jan 14 with 596 views | Pinewoodblue |
| Leicester - PSR on 12:04 - Jan 14 by JammyDodgerrr |
They sold Barnes for 38m, Castagne for 15m, Dewsbury-Hall for £30m and got around 15m for Maresca and his staff. They spent a fraction of that, they were always going to be clear for this set of accounts. |
They also had £60+m wage bill and would have needed to show a healthy profit to avoid points deduction.
Academic, as far as Town are concerned, we just need to finish above three teams. |  |
| |
| (No subject) (n/t) on 13:11 - Jan 14 with 558 views | Pinewoodblue |
| Leicester - PSR on 12:04 - Jan 14 by JammyDodgerrr |
They sold Barnes for 38m, Castagne for 15m, Dewsbury-Hall for £30m and got around 15m for Maresca and his staff. They spent a fraction of that, they were always going to be clear for this set of accounts. |
| |
| |
| Leicester - PSR on 13:39 - Jan 14 with 486 views | Wallingford_Boy |
| Leicester - PSR on 10:24 - Jan 14 by ElderGrizzly |
I'm not sure how Forest have managed to escape again given their net spend since 2022 is £300million. |
Maybe because their income is higher. £100m a season through tv.. it’s not rocket science! |  |
| |
| Leicester - PSR on 14:05 - Jan 14 with 441 views | Bent_double |
| Leicester - PSR on 11:08 - Jan 14 by gainsboroughblue |
The only thing PSR really does is create a lot of misinformation, assumptions and general hoo-ha on football forums. |
Not to mention making already-rich lawyers even richer. |  |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
