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davieG

What next for Leicester City's PSR case with points deduction still possible

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Posted (edited)

I just hope our accounts for last season are 100% legit without any loopholes etc.

 

KDH was sold after the 30th June deadline, just hope the Premier League don't rule unfavorably against us because of this, we've well and truly pissed the ****wits off.

Edited by trooky
Posted
7 minutes ago, trooky said:

I just hope our accounts for last season are 100% legit without any loopholes etc.

 

KDH was sold after the 30th June deadline, just hope the Premier League don't rule unfavorably against us because of this, we've well and truly pissed the ****wits off.

I thought the deal was done just before June 30th?  I remember at the time thinking we'd done it just in time

Posted
29 minutes ago, trooky said:

I just hope our accounts for last season are 100% legit without any loopholes etc.

 

KDH was sold after the 30th June deadline, just hope the Premier League don't rule unfavorably against us because of this, we've well and truly pissed the ****wits off.

 

21 minutes ago, Qwerty said:

I thought the deal was done just before June 30th?  I remember at the time thinking we'd done it just in time

Chelsea announced it on 2nd July. Might have signed before.

Posted
19 hours ago, Ricey said:

This is significant from the Athletic article:

 

image.thumb.png.e85c425b24a419c0285a8b41eb8b1e25.png

The club must have been confident of the outcome that has occurred. Whilst the two scenarios and the financials needed for both are somewhat different, we must have been switched on to this. I suppose if we were confident of the 22/23 outcome and the saving in points deduction it was likely to yield, we may well view the 23/24 penalty if there is one to be less and that was the worthwhile end result.

 

Only issue there is, we still aren't 100% sure if the EFL have grounds to now take on trying to hit us for 22/23, where the possibilities would be either a fine or a deferred points deduction when we're next in the EFL?

 

So many uncertainties and all very messy.

Posted
On 06/09/2024 at 17:50, Spudulike said:

 

Chelsea announced it on 2nd July. Might have signed before.

It was certainly reported before start of July, so I am inclined to think they just delayed the announcement which clubs often do.

Posted
5 hours ago, Chrysalis said:

It was certainly reported before start of July, so I am inclined to think they just delayed the announcement which clubs often do.

 

5 hours ago, davieG said:

No one will know until accounts are published.  However, to do that deal we must have needed it in the books by end June. Otherwise why bother until the end of this season?? 

  • Like 1
Posted

Im not seeing again how we can be judged when not in the PL last year.Pretty sure these rules were put in place thinking of the regular top teams disregarding the yo yo group at the time they were drafted. Pity they dont get active against the target group

Posted

From the BBC reporting on the ManC hearing. Reading that I would think that LCFC would be claiming costs after winning it's case ?

 

BBC News - Man City hearing: Premier League 115 charges case begins - BBC Sport
https://www.bbc.co.uk/sport/football/articles/c1d7drg10nwo

 

 

What about legal costs?

This specific case is six years in the making, so legal fees on both sides are already estimated at tens of millions of pounds before the hearing even starts.

Expect whichever side 'wins' to make a claim for costs.

For context, the Premier League wanted Everton to pay the full £4.9m legal costs of their first PSR six-point deduction case from last season. Everton's lawyer Celia Rooney told the appeal that those figures were “frankly eye-watering”.

However, an appeal board ruled Everton should pay £1.7m and the Premier League cover the remaining £3.2m legal fees.

Any costs being paid by the Premier League at the end of the City case would have to be spread across the 20 clubs which make up the league."

Posted
Quote

Any costs being paid by the Premier League at the end of the City case would have to be spread across the 20 clubs which make up the league."

Oh, so now it makes sense. The case will be so big with the 115 charges, plus Man City cobbing the finest lawyers an unlimited supply of crude oil will buy, that when the lawyer bill comes in it turns out every club has failed PSR, because lawyers charge hundreds per hour just to read an email then not do anything about it, and the prem have been investigating for years. So Man City still win the title because we all end up with a points deduction. lol

 

  • 2 months later...
Posted

https://www.leicestermercury.co.uk/sport/football/football-news/efl-chairman-hints-leicester-city-9726898

 

EFL chairman hints at Leicester City PSR action amid 'nonsensical' problem
An appeal board ruled in September that City were not in breach of Profit and Sustainability Rules, but the EFL said they would look into potential routes to take action

ByJordan Blackwell
14:03, 19 NOV 2024

EFL chairman Rick Parry has described Leicester City’s PSR dispute as a “live case”, suggesting the governing body will try to overturn the appeal board’s judgement.

In September, City were deemed not to be in breach of Profit and Sustainability Rules for the 22-23 season. An appeal board ruled the Premier League did not have jurisdiction to charge City, who were, by the letter of the Premier League’s rules, not a member club at the point at which their finances could be assessed.

Both the Premier League and EFL reacted strongly to the appeal’s board judgement. In a statement, the EFL said at the time: “We share the frustrations of the Premier League. It cannot be right that clubs potentially escape the scrutiny of the agreed rules and sanctions due to movement across the divisions.”

 

The EFL also said they would refrain from commenting further until a possible appeal by the Premier League had concluded, or if they themselves took action. On Tuesday, Parry indicated that the EFL are still pursuing that route.

It seems there will be an attempt to make changes to the governance and implication of PSR to avoid future cases like City’s. Parry described the lack of consistency as “nonsensical”.

Asked if City had “pulled the EFL’s pants down over PSR”, Parry told talkSPORT: “We’ll see. It’s a live case. I did say that one of the things we lack is consistency across the Premier League and EFL. It’s pretty nonsensical. That is still a major challenge and one that we have to address.

“We have similar rules but we have completely different ways of enforcing them, which is bonkers. Why we don’t have one single independent unit covering both leagues is a mystery because it would be the easiest thing to set up and we could have done it years ago.”

Back in April, shortly after City were first charged with an alleged PSR breach by the Premier League, the EFL chief executive Trevor Birch wrote to the Premier League, asking them to quickly conclude their investigation so they could issue a points deduction to the club before the Championship season concluded. City applied for an interim injunction to stop the EFL imposing a points deduction on them, but that wasn’t needed, as the EFL consulted their own lawyers and realised they did not have the jurisdiction to act on Premier League rules, subsequently retracting the intentions set out in Birch’s letter.

City also have their 23-24 finances to consider. The club were placed under an embargo by the EFL, who had deemed them likely to breach PSR for last season. However, the club then sold Kiernan Dewsbury-Hall to Chelsea for £30m and received compensation for Enzo Maresca’s move to Stamford Bridge before the June 30 deadline, easing their worries. Still, they have to submit their finances for the season to the Premier League for assessment by December 31.

Posted
6 minutes ago, davieG said:

https://www.leicestermercury.co.uk/sport/football/football-news/efl-chairman-hints-leicester-city-9726898

 

EFL chairman hints at Leicester City PSR action amid 'nonsensical' problem
An appeal board ruled in September that City were not in breach of Profit and Sustainability Rules, but the EFL said they would look into potential routes to take action

ByJordan Blackwell
14:03, 19 NOV 2024

EFL chairman Rick Parry has described Leicester City’s PSR dispute as a “live case”, suggesting the governing body will try to overturn the appeal board’s judgement.

In September, City were deemed not to be in breach of Profit and Sustainability Rules for the 22-23 season. An appeal board ruled the Premier League did not have jurisdiction to charge City, who were, by the letter of the Premier League’s rules, not a member club at the point at which their finances could be assessed.

Both the Premier League and EFL reacted strongly to the appeal’s board judgement. In a statement, the EFL said at the time: “We share the frustrations of the Premier League. It cannot be right that clubs potentially escape the scrutiny of the agreed rules and sanctions due to movement across the divisions.”

 

The EFL also said they would refrain from commenting further until a possible appeal by the Premier League had concluded, or if they themselves took action. On Tuesday, Parry indicated that the EFL are still pursuing that route.

It seems there will be an attempt to make changes to the governance and implication of PSR to avoid future cases like City’s. Parry described the lack of consistency as “nonsensical”.

Asked if City had “pulled the EFL’s pants down over PSR”, Parry told talkSPORT: “We’ll see. It’s a live case. I did say that one of the things we lack is consistency across the Premier League and EFL. It’s pretty nonsensical. That is still a major challenge and one that we have to address.

“We have similar rules but we have completely different ways of enforcing them, which is bonkers. Why we don’t have one single independent unit covering both leagues is a mystery because it would be the easiest thing to set up and we could have done it years ago.”

Back in April, shortly after City were first charged with an alleged PSR breach by the Premier League, the EFL chief executive Trevor Birch wrote to the Premier League, asking them to quickly conclude their investigation so they could issue a points deduction to the club before the Championship season concluded. City applied for an interim injunction to stop the EFL imposing a points deduction on them, but that wasn’t needed, as the EFL consulted their own lawyers and realised they did not have the jurisdiction to act on Premier League rules, subsequently retracting the intentions set out in Birch’s letter.

City also have their 23-24 finances to consider. The club were placed under an embargo by the EFL, who had deemed them likely to breach PSR for last season. However, the club then sold Kiernan Dewsbury-Hall to Chelsea for £30m and received compensation for Enzo Maresca’s move to Stamford Bridge before the June 30 deadline, easing their worries. Still, they have to submit their finances for the season to the Premier League for assessment by December 31.

Is it still correct that the EFL’s counter-appeal would primarily have to be based on demonstrating that the highly regarded independent appeal panel of barristers and legal experts acted in bad faith or otherwise failed in their legal obligations? Which is probaly going to go down a sack of shit really if they go down that avenue?

 

 

  • Like 1
Posted

He's right the rules and punishment should be uniform across the leagues. But he's involved in this process, so it's partially his own fault? 

 

Also slightly weird the obsession to punish again, how many independent appeals boards do we go to until they're content?

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