Leicester at risk of another Premier League PSR charge over latest accounts

[ClaphamFox]

4 minutes ago, CrazyKopCorner said:

It as far as the law is concerned but human nature is spiteful and may lead to additional charges 

 

I'd be interested to know the prosecution guidelines i.e £20m over 3 points? or is a % of your T/O

 

I'm assuming it must be contractual and clear? If not, as a lawyer I'd be all over it 

Thankfully the outcomes of these cases are determined by independent legal panels, not the Premier League.

[ClaphamFox]

2 minutes ago, CosbehFox said:

He hasn't leaked information - he's just mentioned that the club are confident 

He's mentioned that club is very confident but expressed surprise at this because, according to his own calculations, we're likely to have breached. He hasn't seen our accounts and has no idea why the club is apparently so confident - it just doesn't sound right to him. That's as far as his analysis goes.

[CosbehFox]

1 minute ago, ClaphamFox said:

He's mentioned that club is very confident but expressed surprise at this because, according to his own calculations, we're likely to have breached. He hasn't seen our accounts and has no idea why the club is apparently so confident - it just doesn't sound right to him. That's as far as his analysis goes.

I just said he's likely to have spoken to De Marco and all De Marco has mentioned is the club are confident (rather than divulge information). 

[Bert]

11 minutes ago, Finnegan said:

 

And who are desperate for us to get one now. 

 

People have got to find something to moan about haven’t they?

[trooky]

8 hours ago, fox_favourite said:

If we have breached, then season is over and the knock on affect will be unrepairable for years. It could get seriously toxic in the fan base. 

 

We won't be a premier league team for donkeys. We'll be a lost has been in the championship. 

 

Next season more points deductions, transfer embargo and business plan that will force the sales of players for peanuts. We'll be left with dead wood (less motivated deadwood) and youngsters to keep us above water. 

 

Let's face it our golden era is over. Forest and Brighton have taken the mantle and good luck to then. Let us be a warning of what happens if you get it wrong and the ffp/psr are there to protect the 'bigger" clubs. 

 

If it isn't us. We need to invest. Man, I've woken up in the middle of the night with a cheery outlook.aybe I need to go back to sleep 

 

I don't understand why the EFL are so vindictive and obsessed with bankrupting their member clubs. 

 

They're justing making the gulf wider between the PL and EFL and creating 17 permanent members of the PL and the 3 promoted EFL teams. 

[Pliskin]

1 hour ago, CosbehFox said:

De Marco. He’s chums with him. Had him on his pod and always exchanging tweets 

De Marco won’t be loose lipped though about clubs finances, especially ones he is defending. That would be incredibly bad for business, and would raise major integrity issues. 

[Pliskin]

58 minutes ago, Aleksz said:

And we don’t think that he’s quite obviously in the pockets of people that are very much in the know, journos, likes of de Marco as mentioned above and can align his very already good financial knowledge with the bits he hears on the grapevine? 
 

Come on. No smoke without fire and all that. 

Come on, do you really think De Marco would be divulging our financial situation to him? The bloke defended us, and potentially for a huge bill…… would he compromise his career and wealth for the sake of a bit of information. Absolutely not….

[DezFox]

borson has basically just confirmed it’s us and we will breach. 
 

Let’s face it, it was always going to be

Edited 7 January by DezFox

[The Doctor]

30 minutes ago, CrazyKopCorner said:

It as far as the law is concerned but human nature is spiteful and may lead to additional charges 

 

I'd be interested to know the prosecution guidelines i.e £20m over 3 points? or is a % of your T/O

 

I'm assuming it must be contractual and clear? If not, as a lawyer I'd be all over it 

they'd be idiots to apply a bigger punishment because we successfully appealed against any punishment last time. That'd be cut and dry and abuse of power and result in us taking them to the cleaners again

[st albans fox]

If we’ve breached for 20m then we’ll expect a six point deduction on appeal.  If we hadn’t sold kdh and enzo’s comp (still think that may be in July) then the breach would have likely led to a 10 point deduction on appeal.  We’d never survive with a ten point sanction. Maybe the club felt 6 was possibly manageable with some luck.

 

btw, if RVN wasn’t told about this then he might walk - i reckon he’s way more principled than most of the British coaches 

[Bluetintedspecs]

3 minutes ago, DezFox said:

borson has basically just confirmed it’s us and we will breach. 
 

Let’s face it, it was always going to be

No he did not , he said based on his 'fag packet' calculations it looks likely.

In a nutshell he knows sweet fa and is trotting out soundbites to justify his kudos as a 'football finance expert' he confirmed nothing!

[DezFox]

5 minutes ago, Bluetintedspecs said:

No he did not , he said based on his 'fag packet' calculations it looks likely.

In a nutshell he knows sweet fa and is trotting out soundbites to justify his kudos as a 'football finance expert' he confirmed nothing!

He said it’s hard to see any other outcome. For me that is all but confirming. That’s what I have taken from it but feel free to make your own mind up.  

[smudger63]

16 minutes ago, DezFox said:

borson has basically just confirmed it’s us and we will breach. 
 

Let’s face it, it was always going to be

What he actually said was that the club had projected that they would breach, but that was before the KDH sale and the Enzo compo, so we may be alright, but he still thinks we are most likely to have breached, but he actually doesn't really have a scooby! Got him an appearance on Talk shite though, so good for him. One thing he did say that was correct though, is that there will be no good will from the premier league if we have breached, as they will come after us.

Edited 7 January by smudger63

[ClaphamFox]

9 minutes ago, Bluetintedspecs said:

No he did not , he said based on his 'fag packet' calculations it looks likely.

In a nutshell he knows sweet fa and is trotting out soundbites to justify his kudos as a 'football finance expert' he confirmed nothing!

So he's just reiterated what he said last week? In other words, his opinion that we've breached is not based on any inside knowledge but rather on his own calculations (which he made without having seen our accounts). Did he refer again to the fact that the club is apparently very confident that it hasn't breached?

It's time a local journalist got onto this. It's being discussed widely at a national level but the Mercury/Radio Leicester don't seem to want to touch it with a barge pole. Have they been warned off by the club?!

Edited 7 January by ClaphamFox

[The Doctor]

9 minutes ago, st albans fox said:

If we’ve breached for 20m then we’ll expect a six point deduction on appeal.  If we hadn’t sold kdh and enzo’s comp (still think that may be in July) then the breach would have likely led to a 10 point deduction on appeal.  We’d never survive with a ten point sanction. Maybe the club felt 6 was possibly manageable with some luck.

 

btw, if RVN wasn’t told about this then he might walk - i reckon he’s way more principled than most of the British coaches 

breach cannot be more than 8 points deduction as it has to be less than the punishment for Administration (-9).

[CosbehFox]

27 minutes ago, Pliskin said:

De Marco won’t be loose lipped though about clubs finances, especially ones he is defending. That would be incredibly bad for business, and would raise major integrity issues. 

What’s loose lipped about saying ‘the club are confident’? 

[ClaphamFox]

2 minutes ago, DezFox said:

He said it’s hard to see any other outcome. For me that is all but confirming. That’s what I have taken from it but feel free to make your own mind up.  

He isn't in a position to confirm. He doesn't work for the club or the PL and hasn't seen the accounts. So how can he possibly 'confirm' anything?

[Ted Maul]

Football is so ****ing boring these days isn't it

[Levi Port]

Just hope any charge comes before the Palace game, don’t want that lingering over us before a huge game that we can’t lose 

[st albans fox]

12 minutes ago, The Doctor said:

breach cannot be more than 8 points deduction as it has to be less than the punishment for Administration (-9).

Is that common sense speaking or has there been publicised acceptance of this ??  Everton’s first sanction was 10 points 

[The Doctor]

Just now, st albans fox said:

Is that common sense speaking or has there been publicised acceptance of this ??  Everton’s first sanction was 10 points 

that's why evertons appeal was successful in reducing the sanction to 6 points iirc

[Bert]

2 minutes ago, st albans fox said:

Is that common sense speaking or has there been publicised acceptance of this ??  Everton’s first sanction was 10 points 

Which was reduced on appeal with their mitigation being that you only get -9 for going into administration. 

[Bert]

I’d worry when Percy comes out and says it’s happening. As mentioned all of the specialists predicting it’s us are making educated guesses. 

[DezFox]

18 minutes ago, ClaphamFox said:

He isn't in a position to confirm. He doesn't work for the club or the PL and hasn't seen the accounts. So how can he possibly 'confirm' anything?

 He isn’t on a position to confirm officially just saying what I took from it. We were the club he mentioned and we have all heard that there is one club in trouble. I just don’t think it’s a coincidence it was us he mentioned. 

[st albans fox]

4 minutes ago, Bert said:

Which was reduced on appeal with their mitigation being that you only get -9 for going into administration. 

Yes, I can see that this was part of the appeal commissions judgement 

 

https://kennedyslaw.com/en/thought-leadership/article/2024/everton-s-points-deduction-appeal-clarity-on-sanction-proportionality/#

 

although other parts of it makes me think we should be expecting 8 as an initial sanction cos that’s the most the PL can get away with.   Then we appeal down to 6.