Premier League has charged LCFC with an alleged breach of PSR

[coolhandfox]

6 minutes ago, Jimmy said:

We did last time, only Vestergaard signed a new deal since

Ndidi too, but I think we would'nt have signed them on new contracts without.

Edited 29 June 2025 by coolhandfox

[VLC86]

5 minutes ago, coolhandfox said:

Depend if we have relegation clauses or not.

I very much doubt we have enough in relegation clauses to drop us to the budget of an average championship team. Unless Top and co continue to be happy to write off £100m every few years, we need to make ourselves significantly more sustainable somehow.

[coolhandfox]

4 minutes ago, VLC86 said:

I very much doubt we have enough in relegation clauses to drop us to the budget of an average championship team. Unless Top and co continue to be happy to write off £100m every few years, we need to make ourselves significantly more sustainable somehow.

We still have parachute payments so we don't need to drop to a budget of a average championship club.

 

Vardy, Ward and Iversen leaving probably drops 9m off straight away before anyone else leaves.

 

I suspect we will look to off load a number of higher earner and loan out others.

 

I expect our wage bill to be significantly reduced compared to the last time we were in the championship.

 

[VLC86]

2 minutes ago, coolhandfox said:

We still have parachute payments so we don't need to drop to a budget of a average championship club.

 

Vardy, Ward and Iversen leaving probably drops 9m off straight away before anyone else leaves.

 

I suspect we will look to off load a number of higher earner and loan out others.

 

I expect our wage bill to be significantly reduced compared to the last time we were in the championship.

 

Which is the exact point I was making.

[CloudFox]

1 hour ago, Vlad the Fox said:

Is that the bbc one? 

Not that I'm aware of. They're independent as far as I can tell, and run a Substack. Their EFL transfer bulletin at the moment is quite good over on that.

[UniFox21]

Just another laughing stock really.

[coolhandfox]

PSR is a sham.......

[orangecity23]

The women's team sale thing is odd, as women's team losses were one of the allowable deductions from PSR - so if you don't count the losses from that, why should you be allowed to count the profits? Could you do something like buy the women's team back later, and the cost of that would be deductable, before selling it again?

[Terraloon]

7 hours ago, orangecity23 said:

The women's team sale thing is odd, as women's team losses were one of the allowable deductions from PSR - so if you don't count the losses from that, why should you be allowed to count the profits? Could you do something like buy the women's team back later, and the cost of that would be deductable, before selling it again?

You don’t count the losses you count the expenses into account and of course they won’t be able to do that going forward.

 

But 
 

I am not saying my logic will be exactly how it pans out but we know that  CFC ladies will now be run independently.

 

The woman’s team at Chelsea don’t own a stadium, a training ground, an administrative structure etc so will be reliant on CFC ltd to provide such services but  no doubt they will be invoiced for them going forward. 

 

So let’s say the owners charge a fee per game for use of the stadium , the costs etc for stewarding, a set fee for CFC to provide administrative support, a fee for the training ground etc. let’s say all the costs say are £10-15 million. CFC previously claimed it cost say £10 million but now on a commercial basis charge 50% more and no doubt being a related party transaction will need to professionally quantify and no doubt will be able to come up with a number which won’t see a reduction and in view of the fact that there isn’t any PSR in woman’s football the owners will not give a toss if the woman’s team keep making losses 

Edited 30 June 2025 by Terraloon

[Chrysalis]

20 hours ago, orangecity23 said:

The women's team sale thing is odd, as women's team losses were one of the allowable deductions from PSR - so if you don't count the losses from that, why should you be allowed to count the profits? Could you do something like buy the women's team back later, and the cost of that would be deductable, before selling it again?

I dont think PSR was intended to be logical and fair, thats why we have these questions.  It is there to keep certain clubs in their place.

[RearsbyFox]

It's to keep the Top 6 in power and the Special 17  in the EPL  so their owners don't lose too much money. 

[Winstonthedog]

Is there a date when the PSR Decisions are passed out to the offenders ? 

[Gamble92]

On 29/06/2025 at 17:41, coolhandfox said:

We still have parachute payments so we don't need to drop to a budget of a average championship club.

 

Vardy, Ward and Iversen leaving probably drops 9m off straight away before anyone else leaves.

 

I suspect we will look to off load a number of higher earner and loan out others.

 

I expect our wage bill to be significantly reduced compared to the last time we were in the championship.

 

It's the best situation we have been in, in regards to the wage bill for years. 

 

If we can successfully integrate 2-3 of the academy players into the first team squad regularly then we really do have quite a bit of room to operate for the first time in ages.

 

The only downsides of course are the catch up we are playing in regards to the last few seasons and the repercussions of the points deduction on potential signings and manager. Not to mention the decision makers at the club are just as likely to make the same awful decisions to put us back in the shit. 

[JimmyC74]

Sheff Wed, Hull and us…….and how many more. Football is on its arse.

 

[coolhandfox]

1 minute ago, JimmyC74 said:

Sheff Wed, Hull and us…….and how many more. Football is on its arse.

 

The fact we haven't been hit with anything as yet and Hull and Sheffield Wednesday have suggest ours isn't as cut and dry as some think.

Edited 3 July 2025 by coolhandfox

[JimmyC74]

2 minutes ago, coolhandfox said:

The fact we haven't been hit with anything as yet and Hull and Sheffield Wednesday have suggest ours isn't as cut and dry as some think.

Maybe so, just depressing the state the game is in general.

 

 

[Ric Flair]

19 minutes ago, JimmyC74 said:

Sheff Wed, Hull and us…….and how many more. Football is on its arse.

 

Seems a very harsh restriction does it not? Fair enough Sheffield Wednesday who have had ample problems but a transfer embargo for a late payment of just £1m is staggering.

[slymunn]

On 29/06/2025 at 17:41, coolhandfox said:

We still have parachute payments so we don't need to drop to a budget of a average championship club.

 

Vardy, Ward and Iversen leaving probably drops 9m off straight away before anyone else leaves.

 

I suspect we will look to off load a number of higher earner and loan out others.

 

I expect our wage bill to be significantly reduced compared to the last time we were in the championship.

 

I think our wage bill was around 170 million when we got relegated the first time...it was closer to 75/80 million this time.

 

Vardy, Iverson, Ward, Edouard and Buonanotte have all left which was around 15 million from the budget. That's put us closer to 60/65 million before the rumour of around a 30% wage deduction for relegation.

[coolhandfox]

38 minutes ago, JimmyC74 said:

Maybe so, just depressing the state the game is in general.

 

 

We allow anyone to own a football club, Morecombe is a great example, bloke has liquidated 10 companies plus.

[coolhandfox]

28 minutes ago, Ric Flair said:

Seems a very harsh restriction does it not? Fair enough Sheffield Wednesday who have had ample problems but a transfer embargo for a late payment of just £1m is staggering.

I think it's pretty standard if you owe money on transfers.

[Finnegan]

50 minutes ago, JimmyC74 said:

Sheff Wed, Hull and us…….and how many more. Football is on its arse.

 

 

Our situation is nothing like theirs.

 

[Ric Flair]

Just now, coolhandfox said:

I think it's pretty standard if you owe money on transfers.

Will it be lifted once paid or not?

[moore_94]

24 minutes ago, Ric Flair said:

Will it be lifted once paid or not?

Looks like that would be the case

 

https://www.thestar.co.uk/sport/football/sheffield-united/united-arrangement-emerges-after-embargo-lifted-4112309

 

Two clubs were owed outstanding funds, with one paid recently and an agreement being reached with the other that saw the payment date moved into the future and allowed the embargo to be lifted.

[coolhandfox]

27 minutes ago, Ric Flair said:

Will it be lifted once paid or not?

I thought it lasted for the window or depended on your number offences.

 

 

Edited 3 July 2025 by coolhandfox

[smudger63]

Do you remember when PSR was being referred too as financial fair play?

Presumably someone realised that actually it's not fair and nothing to do with being fair, and so now it's all about PSR. 

I've got to a point where I don't give a toss, the whole thing is a joke, and taking football away from the fans, and off of the pitch.

That said, we as a club knew about these farcical rules and breached them, and given that they have handed out points deductions to other clubs, then of course they will want to come after us, and seem to be doing the "fair" thing, and of course saving face, after we found someone who could make them look like the fools they are. Basically who cares anymore, it will be what it will be.