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Everything posted by moore_94
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Leicester 'could face points deduction next season'
moore_94 replied to ClaphamFox's topic in Leicester City Forum
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Leicester 'could face points deduction next season'
moore_94 replied to ClaphamFox's topic in Leicester City Forum
Give the Polish wall a go, can’t be any worse than last time we sold our first choice and gave the back up a go surely -
Say this is correct, would we need to sell a player (that is still on their first contract like Kristiansen) for £8-10m more than what is left on their current book value? Or could we sell him for £8-10m and be sorted? Or is this where it would basically need to be someone on their second contract or homegrown like JJ or KDH?
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Leicester 'could face points deduction next season'
moore_94 replied to ClaphamFox's topic in Leicester City Forum
The loans from them have been for getting tv money of future seasons (not guaranteed) and future owed instalments on sold players (guaranteed) early So not too sure we would be able to deduct that -
Development/Youth Squads 2023/2024 Thread - U18/U21
moore_94 replied to Ryy's topic in Leicester City Forum
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Good article from The Athletic about it all Some of the best players in the Prem are incredibly one footed, just like KDH
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Team has had a few changes with the latest Fantasy player upgrades I have Werner on the bench - can’t put him in ahead of Eusebio and keep full chem
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Their latest accounts for 22/23 already has them spending more on wages than we ever did, and ours was horrendous at one point so that takes some effort for a non-big 6 side That won't even include the wages of the big players they brought in last summer who would be on quite a lot as well (like Tielemans and Diaby) and there has been a few new contracts for players which very likely means pay rises for them
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Leicester 'could face points deduction next season'
moore_94 replied to ClaphamFox's topic in Leicester City Forum
Villa are seemingly trying to speed run what we have done as well Latest set of accounts had their wages at £194m which is above what even we managed, and I am not sure that will even include some of their big buys last summer who will be on massive money -
Going to be quite interesting to see what the eventual outcome of Forest's charge is As their defence is based around them holding onto Johnson and selling later in the window to get more money - if that defence holds up and they get away with it, I imagine we would then be able to do the same and not have to sell before the end of June Although I do think they will get nailed for it
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Statement from the club https://www.lcfc.com/news/3923850?lang=en Today (Wednesday 6 March) the EFL has published a decision of the Club Financial Reporting Panel (CFRP), which confirms that the EFL’s Club Financial Reporting Unit (CFRU) acted outside of its powers in its dealings with Leicester City in November 2023. Although the Club is pleased that the CFRP’s decision found in its favour, it is concerned that it was necessary for the CFRP to intervene in this way to prevent the CFRU from acting outside of established EFL rules. Leicester City confirms it is in discussions with the football authorities regarding its profitability and sustainability calculations. Notwithstanding the CFRP’s decision, the Club remains committed to seeking an appropriate overall outcome in this matter.
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https://www.efl.com/news/2024/march/06/efl-statement--leicester-city/ Earlier this season, based on financial information submitted by the Club, the EFL’s independent Club Financial Reporting Unit (CFRU) concluded that the Club was forecasting to breach the Profitability and Sustainability (P&S) loss limits for the three-year period ending with financial year 2023/24. The CFRU determined that it was appropriate under P&S Rule 2.9 to require Leicester City Football Club to submit a business plan to demonstrate how it planned to comply with the EFL’s P&S spending limits. The Club argued that the relevant P&S Rule did not apply to it, meaning the CFRU had no right to require a business plan in respect of Season 2023/24. That matter was referred by the Club to the independent Club Financial Reporting Panel (CFRP) which concluded that under the Rules as currently written, Rule 2.9 did not apply to the Club and so it was under no obligation to submit and agree to a business plan. The CFRP decision has been published today and will help in informing the EFL on the potential Rule amendments that will be proposed for consideration by Championship Clubs in the future to ensure all Clubs are treated equally under the Rules. Leicester City is responsible for meeting its obligations in respect of the P&S Rules which will be assessed along with the submissions of all other Clubs in accordance with the League’s established processes. The League will be making no further comment on this matter at this time.
