Premier League has charged LCFC with an alleged breach of PSR

[RobHawk]

The fact that Sheffield Wednesday are about to have a winding up order shows that psr is nonsense. 

 

If we had all the other nonsense but it meant clubs could not go out of business, that's because something. But it guarantees nothing except the big clubs can keep spending and keep the smaller clubs down. 

 

It's all nonsense 

[Bourbon Fox]

23 hours ago, BKLFox said:

Like him or not we don’t push on to the top 5 places or FA cup without him.

We could have stuck with a manager happy to restart every season after losing their better players and not seeing profits pumped back into playing staff, with a club view of just stay in the league.

The issues come after twisting and then not fully achieving but even then achieving means successive years and adding proven quality to keep that success rolling.

Sure, but that's what a strong DoF is for.

 

The season after Rodgers won the FA cup and signed his massive contract effectively giving him a set of keys to the place, we spent 68 million quid on Daka, Soumaré and Vestergaard. 

 

The following season we spent 54 million quid on Faes, Souttar and Kristiansen.

 

Profits pumped into playing staff?

 

It was us who got pumped.

[Ric Flair]

6 hours ago, Bourbon Fox said:

Sure, but that's what a strong DoF is for.

 

The season after Rodgers won the FA cup and signed his massive contract effectively giving him a set of keys to the place, we spent 68 million quid on Daka, Soumaré and Vestergaard. 

 

The following season we spent 54 million quid on Faes, Souttar and Kristiansen.

 

Profits pumped into playing staff?

 

It was us who got pumped.

Rodgers signed his massive contract 18 months before winning the FA Cup and was therefore sat on a near guaranteed £50m* as it was to be paid over his 5 year deal/or remainder in full in the year of sacking if occurred.

 

*based on unconfirmed media reports that his sacking cost around £20m which was equal to the remainder of his contract. Wild

[The Year Of The Fox]

1 minute ago, Ric Flair said:

Rodgers signed his massive contract 18 months before winning the FA Cup and was therefore sat on a near guaranteed £50m* as it was to be paid over his 5 year deal/or remainder in full in the year of sacking if occurred.

 

*based on unconfirmed media reports that his sacking cost around £20m which was equal to the remainder of his contract. Wild

Still cost a damn sight more to the club in the long run, which was the whole argument  after Warsaw away 

[Ric Flair]

18 minutes ago, The Year Of The Fox said:

Still cost a damn sight more to the club in the long run, which was the whole argument  after Warsaw away 

There was very little joined up thinking.

 

Stick with Rodgers because it was too costly to sack him. But not provide any funds for signings in the summer of 2022, despite making £50m on Fofana. Nor sell any of the increasing number of players approaching less than a year on their contracts who were rendered almost useless that season (Perez, Soyuncu, Amartey, Tielemans, Mendy, Evans) not to mention pratting about with bids received for Vestergaard, Soumare, Praet.

 

We were heading for disaster, i'm yet to see anyone offer a viable defence for how this happened. 

[Pliskin]

7 hours ago, RobHawk said:

The fact that Sheffield Wednesday are about to have a winding up order shows that psr is nonsense. 

 

If we had all the other nonsense but it meant clubs could not go out of business, that's because something. But it guarantees nothing except the big clubs can keep spending and keep the smaller clubs down. 

 

It's all nonsense 

PSR will send more clubs into none existence then it will save them. It doesn’t prevent anything other than challenging the big 6. 

[The Year Of The Fox]

17 minutes ago, Ric Flair said:

There was very little joined up thinking.

 

Stick with Rodgers because it was too costly to sack him. But not provide any funds for signings in the summer of 2022, despite making £50m on Fofana. Nor sell any of the increasing number of players approaching less than a year on their contracts who were rendered almost useless that season (Perez, Soyuncu, Amartey, Tielemans, Mendy, Evans) not to mention pratting about with bids received for Vestergaard, Soumare, Praet.

 

We were heading for disaster, i'm yet to see anyone offer a viable defence for how this happened. 

The only thing our board got right at the time was NOT providing that clown with any funds that summer. 
 

 

Proof of that decision being correct was providing funds in Jan 2023

[Chrysalis]

8 hours ago, Bourbon Fox said:

Sure, but that's what a strong DoF is for.

 

The season after Rodgers won the FA cup and signed his massive contract effectively giving him a set of keys to the place, we spent 68 million quid on Daka, Soumaré and Vestergaard. 

 

The following season we spent 54 million quid on Faes, Souttar and Kristiansen.

 

Profits pumped into playing staff?

 

It was us who got pumped.

We spent too much on wages.  Short 3-4 year contracts on signing players, then get massive contract buff after only 1-2 years here.

[Chrysalis]

1 hour ago, Pliskin said:

PSR will send more clubs into none existence then it will save them. It doesn’t prevent anything other than challenging the big 6. 

Pretty much this.

 

There is only two reasonable forms of financial regulation.

 

1 - Spending allowed providing owner is covering any losses, so club not at risk.  License of control of club can be revoked if signs of problems start (a bit like how a bank forced control of liverpool back when the owner started defaulting on the bank loan payments) such as non payment of tax or wages.  When contracts signed, the entire cost of contract is paid into an account to fund it.

2 - Fixed salary cap, same for every club, not increased based on higher revenue.  But can be reduced if club has debt.

 

The problem with both of these is that it doesnt give the status quo their "historical" advantage they want.  So instead we get the nonsense we have now.

Edited 16 October 2025 by Chrysalis

[davieG]

16 minutes ago, Chrysalis said:

Pretty much this.

 

There is only two reasonable forms of financial regulation.

 

1 - Spending allowed providing owner is covering any losses, so club not at risk.  License of control of club can be revoked if signs of problems start (a bit like how a bank forced control of liverpool back when the owner started defaulting on the bank loan payments) such as non payment of tax or wages.  When contracts signed, the entire cost of contract is paid into an account to fund it.

2 - Fixed salary cap, same for every club, not increased based on higher revenue.  But can be reduced if club has debt.

 

The problem with both of these is that it doesnt give the status quo their "historical" advantage they want.  So instead we get the nonsense we have now.

The PL are desperate to have presence in the Champions League as it raises the profile of the PL garnering every greater income which they can plough back into the SL6 so they'll never haul back the SL clubs in now that their reputation in the world is so well established, hence we don't want another Leicester City

[Pliskin]

43 minutes ago, Chrysalis said:

Pretty much this.

 

There is only two reasonable forms of financial regulation.

 

1 - Spending allowed providing owner is covering any losses, so club not at risk.  License of control of club can be revoked if signs of problems start (a bit like how a bank forced control of liverpool back when the owner started defaulting on the bank loan payments) such as non payment of tax or wages.  When contracts signed, the entire cost of contract is paid into an account to fund it.

2 - Fixed salary cap, same for every club, not increased based on higher revenue.  But can be reduced if club has debt.

 

The problem with both of these is that it doesnt give the status quo their "historical" advantage they want.  So instead we get the nonsense we have now.

Yep, 100%.
 

It’s also worth considering how ridiculous it all is….. because who are the real losers in all of this, it’s us, the fans….. points deductions can be devastating, and really it impacts us more than anything. We are the ones who invest into the club, both emotionally and financially…. we’re the ones who turn up week in week out to support the club, and a governing body can be allowed to basically rip the sole out of a football club. So the big losers are the fans…. If the decision against us is so devastating that it ultimately means we’re faced with a long stint in the EFL or worse…. We are the ones who lose out. 
 

Clubs make mistakes yes, but come up with different ways to punish the actual owners of the clubs. Rather than fine the club, fine king power, make Top culpable and make him pay a fine out of his own pocket. Then he may start to buck his ideas up. 
 

Punish the people who made the poor decisions, not the fans.

[Trav Le Bleu]

Can we close this thread until something actually happens?

[urban.spaceman]

11 hours ago, Pliskin said:

Yep, 100%.
 

It’s also worth considering how ridiculous it all is….. because who are the real losers in all of this, it’s us, the fans….. points deductions can be devastating, and really it impacts us more than anything. We are the ones who invest into the club, both emotionally and financially…. we’re the ones who turn up week in week out to support the club, and a governing body can be allowed to basically rip the sole out of a football club. So the big losers are the fans…. If the decision against us is so devastating that it ultimately means we’re faced with a long stint in the EFL or worse…. We are the ones who lose out. 
 

Clubs make mistakes yes, but come up with different ways to punish the actual owners of the clubs. Rather than fine the club, fine king power, make Top culpable and make him pay a fine out of his own pocket. Then he may start to buck his ideas up. 
 

Punish the people who made the poor decisions, not the fans.

It goes far, far beyond football for me. The Super League clubs represent 3 major UK cities that have multiple clubs who are some of the biggest clubs in the world. Plus Tottenham. Those cities are already thriving and for various reasons. The amount of money those clubs bring in to their cities, their local economies and their communities is ffffffff****ing huge, but go into the economies of already thriving cities that were already 'on the map'. 

 

How much money did our title win and various European campaigns bring into the City of Leicester (and surrounding areas)? How much business was brought to Leicester from Europe and the rest of the world? And I'm not just talking about the rumours of the Napoli fans getting off the train and walking to Wickes to buy hammers etc. How much tourism did it bring? To hotels, pubs, restaurants, shops, local suppliers? How many jobs were created/supported? How much extra tax did that generate? Directly and indirectly? How has that been impacted since our downfall?

 

It's not just the fans. It's not just the football.

[urban.spaceman]

11 hours ago, Trav Le Bleu said:

Can we close this thread until something actually happens?

[CosbehFox]

23 hours ago, RobHawk said:

The fact that Sheffield Wednesday are about to have a winding up order shows that psr is nonsense. 

Tbf Wednesday's issues started when Chansiri pissed a load of money up the wall and failed to get promoted. PSR didn't allow him to unsustainably spend and then he tried to be a t**t

Edited 17 October 2025 by CosbehFox

[pmcla26]

16 hours ago, The Year Of The Fox said:

The only thing our board got right at the time was NOT providing that clown with any funds that summer. 
 

 

Proof of that decision being correct was providing funds in Jan 2023

If we had spent that summer I very much doubt we would have been in that position of panic buying Souttar and Kristiansen in January 2023. 

[Gamble92]

33 minutes ago, CosbehFox said:

Tbf Wednesday's issues started when Chansiri pissed a load of money up the wall and failed to get promoted. PSR didn't allow him to unsustainably spend and then he tried to be a t**t

People have no idea how close we were to this scenario under Vichai by the way. Not saying he'd have done what Chansiri has but there was a massive sliding doors moment when we got Pearson and he sorted shit out. We could have been screwed more than I think anyone realises.

 

What Vichai and Top did once we got in the Premier League in terms of the way they looked after players is unquestionable. But that is a lot easier to do when you're doing so well. We have nothing to suggest things wouldn't have been similar, especially given how Top has been since things started to go wrong. 

[Globalfox]

Have been looking at wednesdays accounts over last three reported years and it has not been a shortage of spending but the issue that they spent too much when income could not cover it. Then the owners ability to cash flow from his own resources failed. Players not being paid hides that for many years the club and the players remunerations were way beyond what they should have been. We could have been in a similar position but our owner converted debt and we factored advance earnings. The proposal to restrict spending to 75 or 80% of earnings of the lowest earning club in the Division makes sense. It will make the top clubs uncompetitive in Europe so it’s about their position that is challenging. Do we want competitiveness or to watch the best against the at best hopeful. None of the current rules or proposed will be ‘fair’ and clubs will still fail. HMRC are at fault allowing clubs to run up large tax bills and is only allowed in sport. Professional football may well be at its zenith and the downward spiral may have begun.

[The Year Of The Fox]

1 hour ago, pmcla26 said:

If we had spent that summer I very much doubt we would have been in that position of panic buying Souttar and Kristiansen in January 2023. 

The calibre of players signed prior to Summer 2022 was an indicator Rodgers didn’t deserve any more money to blast away with anyway 

[pmcla26]

5 minutes ago, The Year Of The Fox said:

The calibre of players signed prior to Summer 2022 was an indicator Rodgers didn’t deserve any more money to blast away with anyway 

It wasn’t about Rodgers though, it was the fact that we were going into the season relying on Danny Ward, Daniel Amartey and a young Luke Thomas as 3 out of 5 of our back line. 

[Jobyfox]

23 minutes ago, pmcla26 said:

It wasn’t about Rodgers though, it was the fact that we were going into the season relying on Danny Ward, Daniel Amartey and a young Luke Thomas as 3 out of 5 of our back line. 

That's partly true. 

 

But it was also apparent that BR stuck with players like Ward and Amartey long after it became self evident that they weren't fit for purpose. Even when other players in the squad were available 

[BKLFox]

Wasn’t sure where to ask this, maybe Premier thread but I’d imagine at some point it would be pyramid related but as it’s close to our issues and money related I’ve put in this thread.

The pending change to a ‘Salary spending cap’ good or bad idea?

The proposal would be to cap team wages to no more than 5 times the amount of income generated by the previous seasons bottom placed team.

 

On the face of it the strap line sounds great, a salary cap to make things equal but it will never get off the ground as each and every year the bottom club will probably have less and less income, depending on club, imagine this being governed using another Luton or an Oxford if they somehow got up, even ourselves just can’t see Arsenal and the likes managing on our income let alone an Oxford…but can it 🤔 

 

That said Sheff U earned £110m for finishing bottom last season & Man C paid £413m in wages, the new cap would allow them to spend £550m going from Sheff U income.

Is it actually just another paving slab put on the rest as Sheff U & the majority of the premier league couldn’t and wouldn’t pay wages of £550m but those top 6 clubs would be free to do so, this would then close the pool of players that has recently opened up to the rest of the premier league clubs as the top clubs would just add 20-30-50k pw to a players wage pushing them out the reaches of Villa, Everton, West Ham, Palace, Bournemouth etc who were getting players recently that maybe were only affordable to the top teams a few years ago…..if voted in the PFL will just say look we brought in a salary cap to make things equal but in reality has anything changed?

 

I always revert to Rugby when looking at changes TMO & VAR, player safety, subs etc and using Rugby again English Prem have a salary cap but it’s a single figure that all adhere to not a % of an individual teams revenue.

The numbers are smaller obviously with this year every Prem club can only spend £6.4m on player wages.

This means clubs have to juggle squads, there are more movements on players with players having shorter contracts making for a more open contest as elite players can bounce from club to club ensuring there is no 1 dominate team year after year (generally), it keeps player wages more aligned with each other and more importantly it encourages youth development as academy lads are drafted in on smaller wages plugging gaps if elite players are over rewarded to keep or sign them.

 

 

That’s a salary cap which makes a level playing field but footballs to far gone on spending to be able to make it a level playing, how do you say to Man C etc the cap is £200m adjust accordingly, it can’t and won’t happen so it’s just another wolf in sheep’s clothing for as much as it will do to realign the field.

 

 

 

 

 

Edited 18 October 2025 by BKLFox

[Angus Scott]

The salary cap is a good idea in principle but it would never work, the big 6 cartel would find ways around it.

Also, unless it was agreed throughout Europe, the Premier League would never agree to it, as the English teams would be un-competitive in European competitions

[BKLFox]

11 minutes ago, Angus Scott said:

The salary cap is a good idea in principle but it would never work, the big 6 cartel would find ways around it.

Also, unless it was agreed throughout Europe, the Premier League would never agree to it, as the English teams would be un-competitive in European competitions

For sure about the rest of Europe no way it happens with Munich, PSG, Madrid etc just continuing to spend.

 

I was going to add but would have a made a long post longer about I wonder if it’s a type ‘traitor’ to be implanted to push an ulterior motive such as the breakaway league again or even worse if Saudi are providing backhanders to PFL to try and force the top players over to Saudi.

It probably is just a strap line of look we have implemented a salary cap we are looking after the small guy but we know the reality is nothing is implemented to rein in the cartels.

[gazzaa2]

On 16/10/2025 at 13:00, RobHawk said:

The fact that Sheffield Wednesday are about to have a winding up order shows that psr is nonsense. 

 

If we had all the other nonsense but it meant clubs could not go out of business, that's because something. But it guarantees nothing except the big clubs can keep spending and keep the smaller clubs down. 

 

It's all nonsense 

Sheffield Wednesday massively overspent making huge losses for years though (as did Derby and Reading) the damage being done before PSR. Whether you agree with PSR or not the league would say those cases are justification for it.