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moore_94

Premier League has charged LCFC with an alleged breach of PSR

By moore_94, in Leicester City Forum

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Stadt

Stadt

Posted
Posted
13 minutes ago, Lambert09 said:

Psr has ruined football because people look at a transfer in psr terms rather than what you’re actually paying.  “Skipps only 5m per season”  and “if we sell Nelson we get 10m pure profit for psr”  it warps the fact that 10m for a youth prospect is below their value  and that 25 or whatever it was for skipp is also horrific business.   When we have a business who thinks bank loans for cash are smart…. This type of stuff is terrible because they only focus on today and aren’t thinking about the ramifications over 5 years  
 

Anything that incentivises selling youth products is the opposite of sustainable. It also means club look to bleed fans for every penny too so it's  a very bleak way of looking at 'sustainable business practises'.

 

Clubs spending what they want was better than this.

  • Like 3
coolhandfox

coolhandfox

Posted
Posted
5 minutes ago, Stadt said:

Anything that incentivises selling youth products is the opposite of sustainable. It also means club look to bleed fans for every penny too so it's  a very bleak way of looking at 'sustainable business practises'.

 

Clubs spending what they want was better than this.

When you consider they introduced the Homegrown Player Rule is an initiatives to be developed from an earlier age in the hope of nurturing more homegrown talent and it forms part of the League's Elite Player Performance Plan.

 

Then they introduce PSR which totally undermines it, juts because they don't have the balls to do squad salary caps and sort out rogues agents. 

 

 

 

 

 

 

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ithuriel

ithuriel

Posted
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Posted
2 minutes ago, coolhandfox said:

When you consider they introduced the Homegrown Player Rule is an initiatives to be developed from an earlier age in the hope of nurturing more homegrown talent and it forms part of the League's Elite Player Performance Plan.

 

Then they introduce PSR which totally undermines it, juts because they don't have the balls to do squad salary caps and sort out rogues agents. 

 

 

 

 

 

 

Ever since  certain clubs were stopped from having their European mini league the Prem has bent over backwards to placate them completely ruining it, would be best for all concerned if those clubs left and were never allowed back again.

  • Like 7
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Stadt

Stadt

Posted
Posted
7 minutes ago, coolhandfox said:

When you consider they introduced the Homegrown Player Rule is an initiatives to be developed from an earlier age in the hope of nurturing more homegrown talent and it forms part of the League's Elite Player Performance Plan.

 

Then they introduce PSR which totally undermines it, juts because they don't have the balls to do squad salary caps and sort out rogues agents. 

 

 

 

 

 

 

I'm not normally one for conspiritional, oh god uh ah they're just ah yeah crushing the little clubs wailing but EPPP with PSR makes it so difficult for to keep hold of young players. All the while bigger clubs can pick players up for a pittance.

 

PSR just needs to be repealed, failing that enforce it properly to prevent cynical academy grad exchanges and selling training grounds or hotels. Binning it off is best though.

  • Like 2
F T Fagos

F T Fagos

Posted
Posted
3 hours ago, Pliskin said:

Good job it isn’t down to them isn’t it. An Independent panel make the decision….. the same ones that agreed we couldn’t be punished last time? So, you could suggest the EPL are on the back foot……….

The EPL may well be on the back foot, especially if we have Mr De Marco on board again, but as you say, it won't be down to them. I doubt it will be the same panel as last time, so let's hope they stay independent and none of them have their own agenda. I can't help being slightly cynical. 

  • 3 weeks later...
davieG

davieG

Posted
Posted

https://www.leicestermercury.co.uk/sport/football/transfer-news/inside-king-power-stadium-psr-10418998

 

Deadline reached in PSR case

Tuesday marks 12 weeks to the day since City received three fresh charges over alleged Profit and Sustainability Rules (PSR) breaches for 23-24 season, and that’s significant.

In September 2023, the Premier League wrote into their rules that any financial disciplinary cases would be handled in a 12-week timeframe. But the 12 weeks have now elapsed and City still do not have their answer.

This is not a usual case though, and that might explain a delay. The 12-week timeframe was introduced so that punishment could be doled out in the same season the charges were brought.

 

But because the charges didn’t arrive until late May because of the Premier League’s appeal over the 22-23 case, getting it wrapped in the same season was never going to be possible.

Plus, it’s not just an alleged breach of the allowed losses threshold. City have two further charges for failing to file their accounts on time, and failing to provide “full, complete and prompt assistance” to the Premier League’s enquiries.

But with the matter outstanding, City may feel they’re affected. Last summer, when they had the potential points deduction hanging over them, they felt it negatively impacted the transfer business they were able to do, with players put off from signing.

Asked if it was an issue that the matter had been concluded before the first game, manager Cifuentes said: “I wouldn’t say it’s optimal. If something’s going to happen, we would like to know as soon as possible.

“The reality is we are not focused on this. We’re all focused on being the best team we can be and having good results. We’re not paying too much attention to it.

“If we get any communication, the club will deal with it. We just need to carry on and do our best.”

BKLFox

BKLFox

Posted
Posted

Its farcical its been 12 weeks even more farcical that 12 weeks is the expedited process, you are either in breach or not.

No club should go into a new season with potential operating restrictive charges still hanging over them, any fine doled out during a season could / will be seen with bias which ever side the coin lands on.

leicesterseddon

leicesterseddon

Posted
Posted

Even factoring in a lawyerly thirst for billable hours, I really don’t understand why these cases require much more than a week or two to decide.

 

In fact I still don’t really know why clubs aren’t required to publish their PSR-relevant overspends alongside their accounts.

 

Surely the only thing that can really be disputed is which elements of spending are allowable, and even then I don’t see much scope for disagreement. 

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RobHawk

RobHawk

Posted
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Posted

Is this right? The PL now aren't following their own timeframes and delaying us knowing our fate? Surely our lawyers will be all over this? 

 

Another nail in the coffin for football for me, getting fed up of this shit

  • Like 5
Spudulike

Spudulike

Posted
Posted
23 minutes ago, FoxSince88 said:

The players are expecting a 9 point deduction 

from the horses mouth 

The players don't have a clue, about anything to be honest. However....

 

image.thumb.jpeg.8bb23312bfa49832f62d83a8e82486f1.jpeg

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Wortho

Wortho

Posted
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Posted

Does anyone find it bizarre that Chelsea can ignore all this PSR. 
Selling the hotel, women’s team to themselves? And suddenly they’re in profit!!!

It seems the Yank owned teams can’t be questioned in any way.

  • Like 5
Richmondfox

Richmondfox

Posted
Posted

Is this a case of accusing and hoping we have failed when trying to defend or they have clear evidence already that we have. 

 

I guess we are such low hanging fruit it’s easy to say every season we believe you have failed. 

 

  • Haha 1
Jattdogg

Jattdogg

Posted
Posted
38 minutes ago, FoxSince88 said:

The players are expecting a 9 point deduction 

from the horses mouth 

So, we are only -6 then but I cant see -9 sticking at all as that's administration level. Surely we could fight back on a -9.

 

I'd guess anywhere from 3 to 6 tops. Pure speculation and talking out of my tight arse hole

  • Like 1
Jattdogg

Jattdogg

Posted
Posted
4 minutes ago, Wortho said:

Does anyone find it bizarre that Chelsea can ignore all this PSR. 
Selling the hotel, women’s team to themselves? And suddenly they’re in profit!!!

It seems the Yank owned teams can’t be questioned in any way.

Need yank owners then! Lol

sylofox

sylofox

Posted
Posted

I think this proves they won't let us go.

 

We really are a basket case. They want us and won't let go.

 

If they can't do us now after changing the rules to suit them we are fvcked. They will get us. We made them look stupid. We will pay.

sdb

sdb

Posted
Posted
47 minutes ago, FoxSince88 said:

The players are expecting a 9 point deduction 

from the horses mouth 

Luckily RVN has left. And gets everything wrong. 

Wortho

Wortho

Posted
Posted
5 minutes ago, Jattdogg said:

Need yank owners then! Lol

It’s seems that Asian or Arab are seen to be cheats. But Yank owners are all above board and honest😂

  • Like 2
Sly

Sly

Posted
Posted

The entire profit and sustainability rules are a joke.

 

We’ve had clubs breaking every rule in the book to get around it. 
 

Football at the top level isn’t sustainable. It’s a rich persons toy and if they want to burn coin, let them crack on with it.

 

Otherwise, we are basically creating a closed shop and we may as well let those clubs go and play in a super league which can slowly die as every other team except for the fans boycott it. 

sylofox

sylofox

Posted
Posted
5 minutes ago, Wortho said:

It’s seems that Asian or Arab are seen to be cheats. But Yank owners are all above board and honest😂

No. Like we all know it's corrupt for the big six. The sooner they fvck off the sooner we get football back. Psr ain't about fair it's about them not being challenged.

 

Cheating cvnts with a big say and fvckwits backing them. Yes we've done it gambling we could join them. But no it's a closed shop.

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