LCFC will NOT face any charges for breaching PSR

[Qwerty]

2 hours ago, Stevosevic said:

What is the "jurisdiction case"?  Presume the PL are still appealing the decision a few months ago?
 

 

 

Edited 14 January by Qwerty

[Leicester_Loyal]

1 hour ago, AKCJ said:

This summer has to be the restart. Especially if we go down. There needs to be a complete reset of wage structure.

 

Get back to focussing on spending transfer fees on young players with potential sprinkled amongst experienced players with a point to prove.

We should have done that this summer, instead we signed BDR, Ayew (tbf he’s been good enough) and Skipp. What a waste of money and more players we’ll be stuck with now for 3 years, draining the £££. 

[Corky]

12 minutes ago, The Doctor said:

it's the nature of football tbh, unless you implement a serious salary cap and a huge redistribution of TV and sponsorship money, clubs will inevitably lose money and rely on having a moneyman behind them to bail them out

I was thinking more about the wages we pay, transfer fees, where we sign players from. Being better at negotiating sales, things like that.

[Lesta2014]

12 minutes ago, Leicester_Loyal said:

We should have done that this summer, instead we signed BDR, Ayew (tbf he’s been good enough) and Skipp. What a waste of money and more players we’ll be stuck with now for 3 years, draining the £££. 

Can only hope there’s a massive wage reduction in the contract if we go down. 

[Spudulike]

21 minutes ago, coolhandfox said:

You normally cannot appeal a decision just because you think the judge ‘got it wrong’.

 

It is generally if you can prove a serious mistake happened or because the procedure was not followed properly.

 

I think both of those are highly unlikely. 

It could also be argued that LCFC only incurred those loses due to Premier League incompetence by not applying a points deduction to Everton in the current season they were found guilty of a PSR breach. 

[urban.spaceman]

36 minutes ago, Skidmark said:

The most 'intelligent' thing to do now would be to spend money on players who will improve the squad now, but who can flourish in the Championship (should we go down) so we can then sell at high prices if we come back up.

 

That is the most intelligent thing. Buy players for 3m-5m, tie up some players who's contracts are due to expire.

 

But lets be realistic, we'll probably go out and spend another £25m on an English defensive midfielder named Oliver Tipp. 

Is he any good

[TheGoldenGod]

Sorry if this has already been mentioned, but Borson on TS today said the 22/23 appeal by the PL is incredibly bizarre because their case is to appeal an appeal. and state their own appeal panel was not fit for purpose and therefore the judgement that we got off scot-free shouldn't be considered as logical or reasonable.

 

Talk about self-sabotage.

[urban.spaceman]

[Glorious Leicester Fan]

I genuinely think we should sue the PL; the threat of potentially breaking PSR rules has had a serious impact on the quality of players/manager we were able to recruit last summer, which in turn has resulted us being in our current position, thus impacting on the quality of players we can recruit in the January window. 

[Claudio Fannieri]

I have been very critical of Rudkin and Co for our recent troubles but also deserves credit for ensuring we have managed to stay compliant for this reporting period, he now needs to pull a few rabbits out of the hat in this transfer window both incoming and outgoing. 

[urban.spaceman]

For those that can stomach him, scroll back to 12:05pm

 

 

He's not happy.

[FrankieADZ]

7 minutes ago, Glorious Leicester Fan said:

I genuinely think we should sue the PL; the threat of potentially breaking PSR rules has had a serious impact on the quality of players/manager we were able to recruit last summer, which in turn has resulted us being in our current position, thus impacting on the quality of players we can recruit in the January window. 

tbf they'll have big fish when Man City sue them tbf

[Spiritwalker]

7 minutes ago, TheGoldenGod said:

Sorry if this has already been mentioned, but Borson on TS today said the 22/23 appeal by the PL is incredibly bizarre because their case is to appeal an appeal. and state their own appeal panel was not fit for purpose and therefore the judgement that we got off scot-free shouldn't be considered as logical or reasonable.

 

Talk about self-sabotage.

I’m sure I heard that they would need to prove that the original appeal Judges were either incompetent or corrupt.

 

[TheGoldenGod]

Just now, Spiritwalker said:

I’m sure I heard that they would need to prove that the original appeal Judges were either incompetent or corrupt.

 

Which surely falls apart immediately as they appointed and approved the panel.

[Merging Cultures]

1 hour ago, coolhandfox said:

Can we stop the term stating the PL is appealing, they can't appeal it. 

 

They have to prove that 3 senior judges were incompetent in their findings, this simply will not happen.

I understand they are in arbitration - so sitting down with the club and a third party to try to resolve the issue in a mutually satisfactory way. Which is completely to help them find a way to save face. They are probably trying to find a way to get us to agree to pay a small fine, so they can point to that and say they punished us.

 

I doubt we want to do anything though as I am sure we are confident of winning if it goes to court for an appeal.

[KFS]

The same Simon Jordan is now saying he doesn’t care how much Forest have spent. Wind up merchant 

[Leicesterpool]

If we get docked points and others dont we should refuse to play our next fixture in protest, be good to get some backing by other clubs we get punished and man city dont 

[KFS]

And now he’s saying we didn’t breach this year so we shouldn’t be relegated and it’s Borson’s fault.

 

move on ….

[Matt]

Football isn’t supposed to be a TV drama.

 

Unfortunately it’s become a TV drama. Saga.

[Mickyblueeyes]

45 minutes ago, coolhandfox said:

No chance.

The reason why the PL have come out in their statement and said they will appeal despite obvious issues with their appeal case and specific to this situation is because as per the other thread, both parties have had conversations on the PSR position of Leicester, not only in this cycle but the previous cycle too.

 

There are significant drafting issues for the PL to deal with. The likelihood is that either we were close or breached PSR on this occasion - I’d go with the latter. We haven’t been charged but in line with dispute resolution, the PL has sought appeal on the previous decision relating to that cycle.

 

Why ? I would put money on it, conversations have taken place and negotiations. The PL cannot regarding these rules face contention again, It absolutely cannot face contention given the timeframe from now until the end of season and the very likelihood of a significant damages claim. It cannot also not, under any circumstances lose again. 
 

Therefore, an appeal has been put it, but the parties will settle outside an independent arbitrator or hearing and that will be a financial settlement. People will say, but we’ve won so why ? Because, our figures mean we have squeaky bum for this cycle.

 

i think in the next few months we will hear the club and the PL settlement details and a significant revamp of the rules. 

[Always Next Year]

7 minutes ago, KFS said:

The same Simon Jordan is now saying he doesn’t care how much Forest have spent. Wind up merchant 

Simon Jordan is a very bitter man along with the likes of Chris Sutton they seem to always want to drag us down, think we should have a match day chant for them both to let them know that we don’t give a toss what they think.

[pkonline]

The so called experts are idiots. It's not factual. It's their opinion.

Hopefully media outlets will soon realise they are guests that are not worth having on anymore.

[filbertway]

Jordan's issue was never with Leicester, it was with how embarrassingly poor the Premier League have been in all of this.

 

He even says that he would have done the same as Leicester.

[Fox forever]

35 minutes ago, Spudulike said:

It could also be argued that LCFC only incurred those loses due to Premier League incompetence by not applying a points deduction to Everton in the current season they were found guilty of a PSR breach. 

If this happened we would have finished 17th and still failed PSR for 22/23 as we would have only gained £2m and deducted points last season as we wound still have been in PL and no loophole for De Marco to work with. 
 

still probably better than relegation though. Notts F and Everton both stayed up with points deducted so maybe we would have too

[Ricey]

1 hour ago, Aleksz said:

 Interesting. 

I suspect we've already eaten into most of that with our summer signings and sacking Cooper and his staff, which will all be in the 24/25 accounting period, without any player sales (yet) to offset it.

 

Now the club could bank on the fact that if we go down we can sell an asset like Mads, but it's a huge risk. Even if there is interest we might not get it done before June 30th.