kenny

Im sure its an argument about how much is an acceptable cost in relation to youth and the womens side. We have one of the top training grounds in world football and a premier league standard training ground for the womens side. I reckon we will be applying £20-30m of our losses against those and the PL/EFL have initially decided we are taking the piss. So its over to a legal battle to decide what is and isn't applied to the areas of acceptable loss.

Ipswich have published their FFP calculation which is summarised as above. It would be good if all clubs were forced to publish theirs. As I said earlier in the thread, the numbers they are declaring for Youth Development and Womens football are very small but our claims will be very big. I reckon we will be 'adding back' much higher sums to reflect the overheads on Seagrave and Belvoir drive. We now have a WSL side that is full of internationals so I suspect the wage bill for this will be at least £1m PA as well.

I am convinced that we know that we are selling KDH before the June deadline to comply with PSR. We are also waiting on a tribunal for Nyoni which could be in the order of £7-10m including add-ons. I think we didn't want to submit a business plan as the club don't want the fans to know and are concerned that it will devalue KDH as we are low-balled. Its an odd rule that you are sanctioned before the offence has been committed but I suppose it stops clubs continuing to spend if they are already looking suspect.

You are correct. Its our wage bill not our net spend on transfers that has hamstrung us.

Correct. In this case, the accounts for this year aren't published and presumably we won't try and claim the Maddison cash twice. I assume we will apply for an exception that it should have been paid into last years accounts which is one of many reasons why our case is a mess.

But the accounts relate to actual cash in the bank. If this arrives on the 1st July then it would go in the next set of accounts. How odd that a club in the Big 6 would pay a day or so late being well aware of why we were accepting a lower fee to assist with PSR rules.

Have you looked at houses? There are plenty of options in Leicester at that price?

Surely this is the first time that the training ground costs have been included for 3 full seasons. 2020/21 would have had the bulk of the construction costs. Also worth noting that this is the 3rd season of owning the women's team which is now littered with international players.

Unless you know otherwise, my take is that we believe we are within the rules but to do so involves applying costs to areas of allowable loss eg the women's team and youth. This level of this will be in dispute by the premier league and other teams. What makes us different to others is the massive investment in the training ground and the women's side. We now run 2 training grounds from the budget and are probably claiming that 80-90% of the costs relate to the women's side and youth development. If I am right and the claims are nuanced, then we will be concerned about being treated fairly be the league(s) which looks fairly unlikely this far.

Confirmed by anyone or just ITK?

I like John ashworth. It's a shame he didn't add, why can the premier league move quicker to deal with possible breaches of PSR rules for relegated clubs than it can for setting tribunal fees for illegally poached youth players by big 6 clubs. Furthermore what are the proposals for the league to ensure that clubs are not asset stripped in a way that makes being competitive and sustainable almost impossible.

Is that confirmed as yet? I know there are suspicions by the league that we have, but is it more about the arguments about what can or cannot be written off in psr terms? I get the impression that our argument is that we have complied but it's dodgy ground Everton style.

That won't happen. The rules are supposed to protect clubs from bad owners, what's the point in using them to expel clubs instead.

Now we are getting somewhere!

No idea. We won't know until the plot twist.

Not if it was the CIA that organised it.

I think it plays into our hands that the EFL are so keen to punish without process. The EFL will have to explain this lack of fairness as part of the legal challenge, they look like idiots.

There was me getting excited about the easter transfer window opening up.

There was also talk of Mancini being paid for consultancy work with other businesses. It makes you wonder if Rodgers or Maresca have been coaching OHL for £100k an hour via Zoom. Or if Vardy does after dinner speaking for King Power racing for £500k a time.

The author has cherry picked the stats and twisted them to their own means. The following report is clearer. https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.hbf.co.uk/documents/12890/International_Audit_Digital_v1.pdf&ved=2ahUKEwiVydaNgYGFAxVSS0EAHdRLB4sQFnoECA8QBg&usg=AOvVaw3rfhXipigg7Iq31Px9LkPy Essentially the UK has less homes per person than the EU average, in 53 less homes per 1000 than average and 156 less than France. There are 1.4m more people in London than there were in 1950. If you ignore the m, 1.4 is quite a small number I suppose.

He was marking a player in the middle. His run wasn't tracked from midfield.

Just means lots of people are wealthy due to their assets as a result of house prices. Just thought it was interesting that compared to other European countries wealth inequality wasn't as awful as is made out.

Not sure if this is the right thread. Perhaps I should have posted in the support thread so that @ozleicester can disagree. Interesting though. Special mention for Sweden getting close to Russia in terms of wealth inequality.

If it does but you have the house you want for the next 20 years then what's the issue? Tough call, but it's your home at the end of the day. Besides when do house prices go down? Over a 10+ year period, essentially never.

2 storey side extension, single storey rear extension. 3 new bathrooms, new double garage, new driveway, blocked the old drive, etc It's been an 8 year process and we are nearly done. We just need a porch and to replace the bay windows but we have run out of cash again.