Premier League has charged LCFC with an alleged breach of PSR

[studentofthegame]

1 minute ago, Product of 84 said:

So when an established Premier League Club (who is expecting to finish in the top half) is relegated how do they survive? 

 

You can't sack the players because you have to pay their wages for the duration of their remaining contracts. 

 

My understanding is you are basically being forced to sell. But what if the player doesn't want to leave as the club buying them is less favorable in terms of location or wages offered. 

 

I just can't see what the club were supposed to do to meet the regulations and stay competitive. 

 

Also all three promoted teams have been relegated. Doesn't this prove that with the financial restraints teams have that the league has become fixed. How much do Leeds say need to spend to survive? And what player is going to move there under the present PSR rules?

 

 

I think the entire purpose of FFP/PSR whatever bollocks they will come up with next is to ensure that they don't

Financial controls were never about saving clubs, they were about closing the door and making a quasi league within a league, just like the new Champions League changes have all been about forming a quasi super league

We did everything we were supposed to do, got unlucky to miss out on Champions League and spiralled after one terrible season

 

It happens to almost every club that challenges the established elite, Spurs are basically the only team to have bridged the gap legitimately, Manchester City did it and Newcastle will do it by being funded by oil countries.

 

People talk about Villa as bridging the gap but a few seasons ago they were in the Championship and during covid they were one technical error away from being relegated. 

[Danizen]

21 minutes ago, Dames said:

Anyone moaning about the rules being ‘retrospectively’ applied needs to give their head a wobble. We all knew this would happen the minute we embarrassed them over a technicality, this has likely been going on a lot longer in private than in public which has given the EFL and Prem a chance to get their ducks in a row. 
 

We probably deserve it but, legally, it's not the done thing. I think our lawyers will find it pretty easy to defend that particular charge. 

[Dan]

2 hours ago, Ian Nacho said:

The best thing for the club at this point would be to have a season or two where we essentially don't even try to get to a point where the books look alright. 

I did feel that for large parts of this season tbh.

[Finnegan]

 

[Les-TA-Jon]

22 minutes ago, Pliskin said:

Okay, well I don’t imagine it will be a significant punishment. After all like I’ve said the EPL and EFL don’t make that decision, an independent panel do, so even if it’s 6 points I wouldn’t be too fussed. It just appears to be more of a which hunt now than anything else……. It seems like they will continue to throw shit at until something sticks. I won’t be concerned until something happens. 

Hard to tell. 

• PL PSR allowable loss is £105m for each 3 year period
• EFL PSR allowable loss is £39m for each 3 year period, increased by £22m for each PL season in that period
• So our allowable loss for period ending 23/24 is £83m

 

Our losses for that period:

 

• 23/24 £19.4m
• 22/23 £89.7m
• 21/22 £92.5m

 

Based on our published accounts we lost £202m for the period. So we breach that period by £119m minus the add-backs. Unless those add-backs are pretty sizeable, we'll have the biggest breach of any club yet. 

 

• Everton breached by £16.6m and were given 10 points deduction, reduced to 6 on appeal
• Forest breached by £34.5m and were given 4 points deduction 

 

Edited 20 May 2025 by Les-TA-Jon

[Edingleyfox]

The Premier league just won't let go having put Leicester on the back foot last summer and now this. I do have some sympathy for the club given how bigger clubs seem Teflon coated. Having said that the club has spent money as if they are still in the Champions league on far too many mediocre players that other clubs were trying to move on.. Last summer was awful in terms of adding to the first 11 and it reminded me of 2021 which was perhaps the start when nobody was sold players were brought in on huge wages. Even as recently as January Coulibaly came in on a 4.5 year contract and has barely started. On top of that I'm not sure how the managers were recruited, Ruud seemed to be taken on almost entirely the basis on his playing career. So little homework on any appointments on and off the field.

[SecretPro]

Christ, I just don't even care.

[Qwerty]

Am I missing something, or wasn't there a new rule recently that cases  had to be fast-tracked, and punishments had to be issued in the season that the charges were brought?  Would that not mean that if they charge us now, in the 24-25 season, they have to deduct points in this season too?  They can take all our points this season for all I care.  It makes no difference really. Much better than starting next season on minus points. 

[HybridFox]

Bunch of tw**s aren't they. Waste resource on an absolute nothing case to massage their ego than actually sort some fundamental footballing issues

[dannythefox]

Don’t understand it. They’ve changed the rules from now but want to charge us on something that’s happened in the previous season how does that work then?

[katieakita]

Looking forward to the counter claim, the club has plenty to answer for but the conduct of the EPL is shameful all to stop another Leicester City. Failure to deal with Man City, Chelsea, Everton & Notts Forest has cost the club many tens of millions in lost revenue. Finding us guilty at the start of this season with a points deduction that was rescinded at the end of the transfer window. The EPL has some very awkward questions to answer about their actions and conduct.

[urban.spaceman]

20 minutes ago, stu said:

I am more understanding of a (small?) breach for 23/24, due to the perceived financial need to get promoted ASAP, however reflecting that those in power have put the club in difficult situation once again without any accountability of past reckless spending from the associated 3 year period.

 

What I can't accept from the club is any charge relating to missing deadlines and non-compliance in relation to submitting accounts, knowing full well that the PL would use any reason to charge us and as a result make any additional PSR punishment more severe.

 

After recent experiences and legal battles, how can the club have been so stupid to not comply with simple accounting deadlines?

 

Am I missing something, or are those in charge of the club really that obnoxiously oblivious to common sense in their appoach to engaging with the authorities respectfully post the 22/23 ruling to comply with statutory procedures?

I’ve not yet seen the detail of that allegation, but just for context:

 

Last season in the Championship the EFL determined we were going to breach their PSR rules and demanded we submit a business plan to demonstrate how we would comply with their PSR. We appealed to an independent panel stating the EFL didn’t have such powers to make such demands, and the panel found in our favour. 

 

Nothing the Premier League or EFL do can be trusted. 

[cityfanlee23]

30 minutes ago, studentofthegame said:

This won't be what happens though, nobody wants the shit we have available, it will be the likes of Nelson, Okoli, BEK that have to go, then we end up in an even worse position 

I agree that it would be perfect but our DOF is an absolute clown, the chance he is able to pull off a masterclass, offload the dead wood and keep our promising younger players is a fantasy sadly

Don't get me wrong I completely agree and this scenario is a best case scenario, a lot of it will be down to WHO we can get rid of, if for example we fail to ship out Faes, Daka, Coady etc, we may then be in a position where we are forced to sell players like El Khannouss, Fatawu or Nelson. 

I'm curious to know how the EFL deal with certain scenarios, say they come in and force us to produce a business plan, and part of that plan is to sell one of the big wage earners like Winks, if we are offered lowball fees for him which would result in us losing money, would the EFL accept us making another book loss to try to achieve wage stability? Or would they say "that's great you got 90k per week off the books, but you still made a book loss so you've breached again here's another deduction"

It's a weird merry-go-round, we can't afford to keep these players but because of PSR breaches we can't afford to lose them for a cheap fee if it results in a loss of money on the books. 

Edited 20 May 2025 by cityfanlee23

[STUHILL]

Can they deduct us points for next season? Surely, it has to be applied now. Or have they purposely timed this to be decided once we are considered a Championship club and hit us for the start of the season down there. 

[HankMarvin]

In a similar conflict, Leicester claimed that they could not be punished for their breach of the EFL PSR loss limit of £83m in 2023-24, arguing that they were not formally under investigation before they were promoted back to the Prem.

But the Arbitration Tribunal ruled that the March 1 letter from EFL legal and financial eagles noting the forecast loss above the £83m threshold meant it “was subject to an investigation by the EFL into an alleged breach”.

[ClaphamFox]

6 minutes ago, dannythefox said:

Don’t understand it. They’ve changed the rules from now but want to charge us on something that’s happened in the previous season how does that work then?

It's not clear, but judging from the club's statement we're not challenging the PL's jurisdiction to charge us over FY24. So presumably the legal arguments have already taken place and we've lost that one.

[ClaphamFox]

2 minutes ago, STUHILL said:

Can they deduct us points for next season? Surely, it has to be applied now. Or have they purposely timed this to be decided once we are considered a Championship club and hit us for the start of the season down there. 

The latter.

[orangecity23]

So to recap - we were worried about breaching PSR in the first relegation season, because we might have been punished with a points deduction - worst case scenario, a points deduction could have relegated us the following season!

So we sold Kasper and didn't replace him. Sold fofana and replaced him weeks later on the cheap (Faes).

Failed to sack Rodgers because we "couldn't afford" to spend the money on the compensation - but has to do it later anyway.

Desperately tried to reinforce at the end of the January window after it was too late.

 

Then got relegated anyway, finishing behind Forest (broke PSR) and Everton (broke PSR), who both got points deductions the next season and stayed up anyway.

 

Doing all that still resulted in us breaking PSR, but we escaped on a technicality.

The following summer we sold Barnes and Castange, weakened our midfield and upset our manager by doing nothing in January and sold KDH (and Enzo) at the end of the season - and still failed PSR.

 

Then this season, we went in with expectations of deductions , so hired the "free" option of Cooper, then let him convince them they needed "experience" like Skipp and Ayew, slapping a load of expenditure on this season (and following seasons amortisation), whilst only adding one player who might have resale profit value now (Bilal). We've ended up instead needing probably 2 sets of manager payoffs, got relegated a second time. Given we've spent a bunch and not made sales this season - are we looking at another big loss season this year? Next years accounts will be massive hits to the turnover again as we are back on shitty champo money again. So that will probably mean breaches in 2024/25, and 2025/2026 as well. How many more years are we going to be dragged down by this?

 

We would have been better off just cheating like Forest did, intentionally breaching in this first relegation season but keeping Kasper, getting a proper Fofana replacement in and sacking Rodgers way earlier and getting Emery instead like Villa did that year. Everton or Forest would have gone down instead, and we'd have rode out that points deduction the following year because the 3 teams who came up were all guff.

[Ric Flair]

Has it been confirmed the EFL have no grounds to try and come for us for 22/23 as well?

 

If we've still breached 23/24 despite selling KDH and the Enzo compensation then words fail me. The gap must have been so vast because if it's in the low millions it's beggars belief.

 

Bored of it. Hit us with whatever necessary to get this club the systematic change it needed yesterday.

[VLC86]

42 minutes ago, Bablemikey said:

I know this is all the legacy of trying to cement a spot in the top 6, and the money tree that brings, but it’s really hard not to come to the conclusion that it’s been incredibly incompetent. In any other commercial business heads would roll.

See, I think this, and then I remember that we signed Coady and Winks on stupid money in the championship. We then spent £25m on Skipp giving him a lengthy contract, we also gave Yannik a 3 year deal.

 

This is no longer just the remnants of that, it’s evidence of sheer neglect and incompetence.

[VLC86]

4 minutes ago, Ric Flair said:

Has it been confirmed the EFL have no grounds to try and come for us for 22/23 as well?

 

If we've still breached 23/24 despite selling KDH and the Enzo compensation then words fail me. The gap must have been so vast because if it's in the low millions it's beggars belief.

 

Bored of it. Hit us with whatever necessary to get this club the systematic change it needed yesterday.

Yep.

[Les-TA-Jon]

21 minutes ago, Les-TA-Jon said:

Hard to tell. 

• PL PSR allowable loss is £105m for each 3 year period
• EFL PSR allowable loss is £39m for each 3 year period, increased by £22m for each PL season in that period
• So our allowable loss for period ending 23/24 is £83m

 

Our losses for that period:

 

• 23/24 £19.4m
• 22/23 £89.7m
• 21/22 £92.5m

 

Based on our published accounts we lost £202m for the period. So we breach that period by £119m minus the add-backs. Unless those add-backs are pretty sizeable, we'll have the biggest breach of any club yet. 

 

• Everton breached by £16.6m and were given 10 points deduction, reduced to 6 on appeal
• Forest breached by £34.5m and were given 4 points deduction 

 

 

5 minutes ago, Ric Flair said:

Has it been confirmed the EFL have no grounds to try and come for us for 22/23 as well?

 

If we've still breached 23/24 despite selling KDH and the Enzo compensation then words fail me. The gap must have been so vast because if it's in the low millions it's beggars belief.

 

Bored of it. Hit us with whatever necessary to get this club the systematic change it needed yesterday.

 

[purpleronnie]

51 minutes ago, Thewie said:

Wonder how the bloke in sk3 who gave UFS the v’s everytime they chanted about the board feels about the board now

He'll feel the same way as he did before, that's the mentality.

[ClaphamFox]

1 minute ago, Ric Flair said:

Has it been confirmed the EFL have no grounds to try and come for us for 22/23 as well?

 

If we've still breached 23/24 despite selling KDH and the Enzo compensation then words fail me. The gap must have been so vast because if it's in the low millions it's beggars belief.

 

Bored of it. Hit us with whatever necessary to get this club the systematic change it needed yesterday.

It seems that way - various media reports suggest that the proceedings against us for that period have concluded and we can't be punished for it.

 

The 23/24 period is a puzzle. The view at the time seemed to be that it was very tight but the KDH and Enzo money might have just keep us the right side of a breach. Now we know that didn't happen, but we have no idea what level of breach it was. And we probably won't find out for a while yet.

[Chelmofox]

5 minutes ago, orangecity23 said:

So to recap - we were worried about breaching PSR in the first relegation season, because we might have been punished with a points deduction - worst case scenario, a points deduction could have relegated us the following season!

So we sold Kasper and didn't replace him. Sold fofana and replaced him weeks later on the cheap (Faes).

Failed to sack Rodgers because we "couldn't afford" to spend the money on the compensation - but has to do it later anyway.

Desperately tried to reinforce at the end of the January window after it was too late.

 

Then got relegated anyway, finishing behind Forest (broke PSR) and Everton (broke PSR), who both got points deductions the next season and stayed up anyway.

 

Doing all that still resulted in us breaking PSR, but we escaped on a technicality.

The following summer we sold Barnes and Castange, weakened our midfield and upset our manager by doing nothing in January and sold KDH (and Enzo) at the end of the season - and still failed PSR.

 

Then this season, we went in with expectations of deductions , so hired the "free" option of Cooper, then let him convince them they needed "experience" like Skipp and Ayew, slapping a load of expenditure on this season (and following seasons amortisation), whilst only adding one player who might have resale profit value now (Bilal). We've ended up instead needing probably 2 sets of manager payoffs, got relegated a second time. Given we've spent a bunch and not made sales this season - are we looking at another big loss season this year? Next years accounts will be massive hits to the turnover again as we are back on shitty champo money again. So that will probably mean breaches in 2024/25, and 2025/2026 as well. How many more years are we going to be dragged down by this?

 

We would have been better off just cheating like Forest did, intentionally breaching in this first relegation season but keeping Kasper, getting a proper Fofana replacement in and sacking Rodgers way earlier and getting Emery instead like Villa did that year. Everton or Forest would have gone down instead, and we'd have rode out that points deduction the following year because the 3 teams who came up were all guff.

And Brendan probably still spits blood that he wasn't backed.