Premier League has charged LCFC with an alleged breach of PSR

[coolhandfox]

3 hours ago, Ricey said:

People moan about PSR and I understand why due to the loopholes and inconsistencies, but imagine a world with no financial restrictions at all? Newcastle and Man City would blow everybody out of the water, agents would have a field day, whilst erratic or incompetent owners would be allowed to risk limitless long term financial damage.

 

Imagine if we’d been allowed to spend in the summer of 2022? More crap like Daka, Soumare, Vestergaard, Kristiansen and Tete would only have deepened our problems in the long run, especially once King Power ran into their financial problems, and probably not kept us up.

 

PSR does favour the big clubs, and that needs to be softened, but it also rewards smart operators, which we are absolutely not.

PSR/P & S was brought in to protect clubs from getting into financial difficulties, explain how it has help Morecombe, Sheff W and Bury?

 

Its designed to maintain a cartel, to stop another Man City.

 

It's not fit for purpose.

 

Agents are already having a field day! 

Edited 25 August 2025 by coolhandfox

[katieakita]

For saying no panel has found us guilty we have certainly had a hell of a punishment. We may have broken rules some in retrospect but so have the PL and EFL in handling this. Two very costly relegations and asset stripping has been a hell of a blow certainly compared to penalties handed down to others. The failure to address this in a timely manner does not help us at all and the failure to hold other clubs to account has also punished us. The owners have made plenty of mistakes as have plenty of other owners but hopefully this gets resolved sooner than later and we get treated fairly. Not sure the PL or EPL will be looking forward to Nick De Marco putting our derfence across, with my Post Office glasses on i cannot help thinking of more cover ups, smoke and mirrors and more deflection covering up others mistakes and failure to deal with all clubs fairly.

[markko]

7 minutes ago, katieakita said:

For saying no panel has found us guilty we have certainly had a hell of a punishment. We may have broken rules some in retrospect but so have the PL and EFL in handling this. Two very costly relegations and asset stripping has been a hell of a blow certainly compared to penalties handed down to others. The failure to address this in a timely manner does not help us at all and the failure to hold other clubs to account has also punished us. The owners have made plenty of mistakes as have plenty of other owners but hopefully this gets resolved sooner than later and we get treated fairly. Not sure the PL or EPL will be looking forward to Nick De Marco putting our derfence across, with my Post Office glasses on i cannot help thinking of more cover ups, smoke and mirrors and more deflection covering up others mistakes and failure to deal with all clubs fairly.

When is this going to be announced? Two weeks into the season and nothing..We are selling and not buying. Are they going to.wait until we have 4 players in the squad before hitting us. What a load of old rubbish these rules are. Man ure were supposedly running out ofoneu in October yet after sacking a few catering staff they can afford about 200 million!

 

[Ricey]

4 hours ago, Lionator said:

Nobody’s saying there should be no restrictions, it’s that the current PSR policies are not working. 

A lot of people are saying there should be no restrictions and that owners should be able to spend their money.

[cropstonfox]

54 minutes ago, Ricey said:

A lot of people are saying there should be no restrictions and that owners should be able to spend their money.

That's what happens in real life in a free market.If people go bankrupt, that's the business gamble. Businesses with backing can thrive or go under without restrictions. 

[Lambert09]

Feels like we are getting in order until you realise we’ve lost about 15-20m in revenue from the shirt sponsor fiasco 

[Muzzy_no7]

Just now, Lambert09 said:

Feels like we are getting in order until you realise we’ve lost about 15-20m in revenue from the shirt sponsor fiasco 

Surely we had some insurance cover or advanced payment from them?

 

One season without sponsorship in the championship is more likely to be around a 2-5m loss not 15-20m

[Lambert09]

19 minutes ago, Muzzy_no7 said:

Surely we had some insurance cover or advanced payment from them?

 

One season without sponsorship in the championship is more likely to be around a 2-5m loss not 15-20m

Is it actually? That’s wild considering we were getting 40m in the prem supposedly. 
 

if king power can’t pay that to sponsor they are absolutely stuffed 

[Rusko187]

4 hours ago, Ricey said:

A lot of people are saying there should be no restrictions and that owners should be able to spend their money.

That’s exactly what I’m saying 😎 roll the dice and blast the cash!

[stu]

Arguably the biggest news in this is that we should satisfy PSR for this season and that’s before any transfer for Kristiansen and possibly Faes and Winks etc.

 

If that is true there should be no reason for any talk of a transfer embargo any time soon despite claims here otherwise.

[Scotch]

If Dorsetts tweet is accurate and we HAVE covered PSR before selling Bilal, imagine what actually having a sponsor would do for us...

[Swarles Barkley]

Does meeting PSR mean we have money to spend though?

[Buzzell]

Is Rudkin now an absolute genius or is he still a twat?

[Stevosevic]

19 minutes ago, Swarles Barkley said:

Does meeting PSR mean we have money to spend though?

From next summer most likely now that wages are down massively. But who knows 

[Scotch]

3 minutes ago, Buzzell said:

Is Rudkin now an absolute genius or is he still a twat?

Let's see how our squad looks after the window closes. 

[joachim1965]

3 minutes ago, Buzzell said:

Is Rudkin now an absolute genius or is he still a twat?

He'll always be a tw@t.

[CornwallFox]

22 hours ago, cropstonfox said:

That's what happens in real life in a free market.If people go bankrupt, that's the business gamble. Businesses with backing can thrive or go under without restrictions. 

The alternative would be hard limits on spend to maintain competitiveness as it's a sport, not a business (or should be). 

[st albans fox]

1 hour ago, stu said:

Arguably the biggest news in this is that we should satisfy PSR for this season and that’s before any transfer for Kristiansen and possibly Faes and Winks etc.

 

If that is true there should be no reason for any talk of a transfer embargo any time soon despite claims here otherwise.

Would imagine it’s a negotiating thing to try and stop the lowball offers.  we will know for sure by the time we see the accounts for 25/26 (that’s a long way away) 

[Guest Bilo]

25 minutes ago, Buzzell said:

Is Rudkin now an absolute genius or is he still a twat?

The latter.

 

If you shit your pants at work, go home to wash and change and then come back to work with fresh pants, you still shit your pants at work.

[Bourbon Fox]

30 minutes ago, Buzzell said:

Is Rudkin now an absolute genius or is he still a twat?

If I got pissed and drove my car up the pavement, ran over your cat and at the last second managed to regain control and avoid smashing into your house, would you say 'nice driving'?!

Edited 26 August 2025 by Bourbon Fox

[JimJams]

6 minutes ago, Bilo said:

The latter.

 

If you shit your pants at work, go home to wash and change and then come back to work with fresh pants, you still shit your pants at work.

This is called "oversharing".

[stu]

47 minutes ago, st albans fox said:

Would imagine it’s a negotiating thing to try and stop the lowball offers.  we will know for sure by the time we see the accounts for 25/26 (that’s a long way away) 

We will know for sure in Jan 26 when the EFL request to see our accounts. If we are breaching PSR by that point we will be asked to submit a business plan then and potentially be placed under a transfer embargo.

 

This is what they tried to do last time we were in the Championship, but as proven they didn’t have the authority to enforce it. They now do.

 

So if Rob is correct and we don’t spend a splurge of money, without any further outgoings we should be ok from the risk of an embargo being enforced for 25/26 in January.

 

Obviously, this is aside of any points deductions for 23/24 or and possible charges if we have breached for 24/25.

Edited 26 August 2025 by stu

[Guest Bilo]

20 minutes ago, JimJams said:

This is called "oversharing".

I heard someone was looking for an analogy but I got confused and gave an anecdote.

[davieG]

16 minutes ago, Bilo said:

I heard someone was looking for an analogy but I got confused and gave an anecdote.

Looked very anal..ogy to me.

[Uncle Monty]

50 minutes ago, Bilo said:

The latter.

 

If you shit your pants at work, go home to wash and change and then come back to work with fresh pants, you still shit your pants at work.

Post of the year. 😂