Premier League has charged LCFC with an alleged breach of PSR

[OntarioFox]

3 hours ago, teblin said:

Agreed with the right management team both at director level and team level, its an absolute asset. 

That's the problem though, we don't have that and haven't since the day it opened. We're bone idle when it comes to our talent pathways and have been for years now - who was the last youth prospect to have a loan that actually led to them breaking through and becoming a hot prospect? I guess you could say Nelson is showing signs this year after his Oxford loan, but it took 4 months of him rotting in the reserves for him to be trusted and it's unclear what his ceiling actually is so far. Beyond that you have to go back as far as KDH and Barnes, both of whom were developed at Belvoir Drive.

 

It's nice that we have players coming through for our own squad, but from a hard-nosed financial point of view Seagrave has been a disaster and is not paying for itself - the only one I can think of has been McAteer and even with Ipswich paying what we knew was daft money, a one-off £9 million sale is hardly justifying a setup that probably costs more than twice that to run in a season. The rest of our 'prospects' are sold for chicken feed to lower and non-league clubs or rot in and around the matchday squad until they're no longer likely to push on.

 

There's a possibility Monga could be that next player to be sold for good money, but given how terrible we've been at negotiating reasonable terms with vulture clubs (Nyoni being a great example), I have zero faith that we're going to get the money we should do. And every wasted asset is another nail in our financial coffin.

 

We do have a great academy and facility in terms of getting bodies into the squad, but until it's run by people with the slightest hint of business acumen, it's going to cost rather than benefit us financially - something we can't afford in our current predicament. Which is a key reason Top needs to go and sell to someone who will hire a director with those skills.

Edited 9 January by OntarioFox

[VLC86]

59 minutes ago, filbertway said:

That'll be measured up with the £80m profit they made the preceeding 2 seasons and the £65m they've made this year.

 

Their outlay has also been on 18-23 year olds who will develop and either be first team players or sold on for profit.

 

It works in cycles really. Sign, develop, sell. Sign, develop sell. At some point you have to make your investment and clearly that was in the 24/25 season. They'll reap the rewards again over the next couple of seasons I imagine.

 

It’s far from that certain though. Matt O’Reilly stands out as one they will lose money on. It doesn’t take many of them sort of signings to drop off a cliff.

 

Rutter cost them £40m, they aren’t getting that back either.

[JimJams]

O'Riley and Rutter may not fetch them a profit but they're decent enough players for them to keep hold of, and essentially to replace the big sales they do end up making.  After a successful loan to Marseille I don't know that O'Rileys value will drop too much.  They're not going to stink the place out by staying there like some of ours have.

[filbertway]

1 hour ago, VLC86 said:

It’s far from that certain though. Matt O’Reilly stands out as one they will lose money on. It doesn’t take many of them sort of signings to drop off a cliff.

 

Rutter cost them £40m, they aren’t getting that back either.

Possibly, but they're doing things absolutely the correct way and maximising their chances of being sustainable and competitive. Absolute blue print on how to operate outside of the big 6 in my opinion.

[kenny]

3 hours ago, AKCJ said:

I think that a lot of people genuinely think that we're in a mess with finances because we spent loads on a training ground.

 

But the fact is it cost roughly one Harry Maguire to build and FFP isn't affected by infrastructure spend.

You are right to a point.

 

It does cost us once it is built. @Terraloon said that the business rates alone are £4m.

 

One of the reasons its not staffed properly with top-level coaches (other than the clubs lack of understanding about elite level sporting endeavours) is that they will be included in the PSR calculation.

 

In essence, the regulations allow us to build the best training ground in the world, but do not allow us to afford to be able to run them once complete. Unless, we are able to attribute the bulk of the running costs to youth development, which I suspect will be one of the arguments we are presenting. 

Edited 9 January by kenny
inability to write in English

[slymunn]

1 hour ago, VLC86 said:

It’s far from that certain though. Matt O’Reilly stands out as one they will lose money on. It doesn’t take many of them sort of signings to drop off a cliff.

 

Rutter cost them £40m, they aren’t getting that back either.

They are up around 50 million on fees from the summer of 2025, and they will sell Baleba for 100m or something in the summer too.

[BKLFox]

11 minutes ago, slymunn said:

They are up around 50 million on fees from the summer of 2025, and they will sell Baleba for 100m or something in the summer too.

& still not win anything 

[Broof]

51 minutes ago, filbertway said:

Possibly, but they're doing things absolutely the correct way and maximising their chances of being sustainable and competitive. Absolute blue print on how to operate outside of the big 6 in my opinion.

As shite as our situation is I'd hate for my club to only exist to turn a profit for a businessman by developing players for big clubs. At least we won things. 

[JimJams]

6 minutes ago, Broof said:

As shite as our situation is I'd hate for my club to only exist to turn a profit for a businessman by developing players for big clubs. At least we won things. 

He's literally a Brighton fan.

 

Terrible...

[Broof]

14 minutes ago, JimJams said:

He's literally a Brighton fan.

 

Terrible...

Im pretty sure fans of Brighton can be businessmen mate

[Globalfox]

5 hours ago, Chelmofox said:

Surely its cheaper for the EPL/PL just to dump the whole thing, give Forest / Everton their points back (and additional prize money they lost) and just let the teams regulate themselves. PSR hasnt stopped Sheffield Wednesday going into administration, and Man City aren't going to get any penalties as they will throw all the money they have defending their position, racking up additional costs for the PL. 

you would think so the EPL has spent reportedly 70 million on legal fees which impacts distributions to clubs. The EPL and EFLneed to be investigated by the competitions commission for anti competitive business practices.

[filbertway]

46 minutes ago, Broof said:

As shite as our situation is I'd hate for my club to only exist to turn a profit for a businessman by developing players for big clubs. At least we won things. 

They're comfortably competing at a level the club has never done before, well certainly not in my lifetime anyway. It's absolutely unbelievable what they're doing and if they continue to be a Premier league team, they'll likely get some decent cup runs as well as European football.

 

These things are a by product of doing the right things. Us being ran like that was literally what put is in a position to have a good cup run.

 

I'm not really sure what the argument against being well ran and competitive in the top tier is haha.

 

[CosbehFox]

1 hour ago, BKLFox said:

& still not win anything 

And still not be in the third tier 

[CosbehFox]

1 hour ago, Broof said:

As shite as our situation is I'd hate for my club to only exist to turn a profit for a businessman by developing players for big clubs. At least we won things. 

Kinda of the point though right? 
 

We won things but somehow we are here. We had even more income and we’ve ****ed it 

Edited 9 January by CosbehFox

[Chelmofox]

23 minutes ago, Globalfox said:

you would think so the EPL has spent reportedly 70 million on legal fees which impacts distributions to clubs. The EPL and EFLneed to be investigated by the competitions commission for anti competitive business practices.

Maybe the EPL should have its own FFP where only portion of time and budget can be allocated to this.

[VLC86]

2 hours ago, filbertway said:

Possibly, but they're doing things absolutely the correct way and maximising their chances of being sustainable and competitive. Absolute blue print on how to operate outside of the big 6 in my opinion.

 

1 hour ago, slymunn said:

They are up around 50 million on fees from the summer of 2025, and they will sell Baleba for 100m or something in the summer too.

Absolutely, I’m saying it could still go the other way though. This was us 4 years ago, we easily had £400/£500m of talent in the squad and probably got about £100m for them while wasting more. I’m sure they won’t be as stupid, but based on that list they have already signed some duds/overpaid.

[Ric Flair]

2 hours ago, Broof said:

As shite as our situation is I'd hate for my club to only exist to turn a profit for a businessman by developing players for big clubs. At least we won things. 

The fact we won things was not because we necessarily did anything differently when it comes to buying low and selling high and being innovative. Thats exactly what we did post the title win and at the time we thought we were absolutely killing it. Our problems came from moving away from that logic and thinking we could survive financially by increasing our wage bill to more than our revenue and have an inability to move players on bar the obvious few who we could get decent money for.

 

Despite our unrivalled success, off rhe field we did not grow like we ought to have both commercially and in talent who could lead us to expand in the manner we had the opportunity to do.

 

I read this response a lot, that well ran clubs like Brighton, Brentford etc are short changed because they've not won anything. What we did is extraordinary and should have been the foundations to build a dynasty that would be talked about for decades to come and yet WE fcuked it. We are the embarrassment, not them lot. We as fans have the comfort of experiencing the title win and the FA Cup which I would never sully the significance of but I also am beyond angry at the opportunity we had and royally fcuked it.

[coolhandfox]

20 minutes ago, Ric Flair said:

The fact we won things was not because we necessarily did anything differently when it comes to buying low and selling high and being innovative. Thats exactly what we did post the title win and at the time we thought we were absolutely killing it. Our problems came from moving away from that logic and thinking we could survive financially by increasing our wage bill to more than our revenue and have an inability to move players on bar the obvious few who we could get decent money for.

 

Despite our unrivalled success, off rhe field we did not grow like we ought to have both commercially and in talent who could lead us to expand in the manner we had the opportunity to do.

 

I read this response a lot, that well ran clubs like Brighton, Brentford etc are short changed because they've not won anything. What we did is extraordinary and should have been the foundations to build a dynasty that would be talked about for decades to come and yet WE fcuked it. We are the embarrassment, not them lot. We as fans have the comfort of experiencing the title win and the FA Cup which I would never sully the significance of but I also am beyond angry at the opportunity we had and royally fcuked it.

Problem was going all in on a gamble to gain champions league football.

 

We should have cashed on Youri after the FA Cup win and keep the one big sale a year going, especially we KDH in the wings.

Edited 9 January by coolhandfox

[Wasyls Pec Deck]

15 minutes ago, Ric Flair said:

The fact we won things was not because we necessarily did anything differently when it comes to buying low and selling high and being innovative. Thats exactly what we did post the title win and at the time we thought we were absolutely killing it. Our problems came from moving away from that logic and thinking we could survive financially by increasing our wage bill to more than our revenue and have an inability to move players on bar the obvious few who we could get decent money for.

 

Despite our unrivalled success, off rhe field we did not grow like we ought to have both commercially and in talent who could lead us to expand in the manner we had the opportunity to do.

 

I read this response a lot, that well ran clubs like Brighton, Brentford etc are short changed because they've not won anything. What we did is extraordinary and should have been the foundations to build a dynasty that would be talked about for decades to come and yet WE fcuked it. We are the embarrassment, not them lot. We as fans have the comfort of experiencing the title win and the FA Cup which I would never sully the significance of but I also am beyond angry at the opportunity we had and royally fcuked it.

A dynasty would have been excellent and really using the success to take a step up to bring a top 8 outfit , but I would have just taken the end to being a yo-yo team. A reasonably solid PL team who is never in the conversation about relegation - the odd European campaign, but mostly midtable.
 

Its actually really quite hard for a PL side who’s been there 2-3 years to be relegated now, let alone one who’d been there best part of a decade and had riches associated with what we’d done. Quite remarkable really.

[Wasyls Pec Deck]

3 minutes ago, coolhandfox said:

Problem was going all in on a gamble to gain champions league football.

 

We should have cashed on Youri after the FA Cup win and keep the one big sale a year going, especially we KDH in the wings.

Yes as soon as moved away from the model and tried to compete and pay top top wages it was never sustainable. It was too quick and the foundations weren’t solid enough. Built on sand etc.

[Ric Flair]

11 minutes ago, coolhandfox said:

Problem was going all in on a gamble to gain champions league football.

 

We should have cashed on Youri after the FA Cup win and keep the one big sale a year going, especially we KDH in the wings.

We were fortunate in many ways for many years in what we had built, we didn't need to be proactive in the short term but the longer it went on, being too slow to react cost us and I look back and am staggered how we did what we did. None of it was a fluke but I do not accept we had the necessary senior individuals off the pitch to sustain what we did.

 

This is not a case of they did well and then they didn't and deserve a chance to bring the good times again. In my opinion it is, they benefitted massively from a unique set of circumstances and a foundation built by Pearson, Shakespeare, Walsh and Balsom and a generational talent in Vardy and never actually knew what they were doing.

[slymunn]

2 hours ago, VLC86 said:

 

Absolutely, I’m saying it could still go the other way though. This was us 4 years ago, we easily had £400/£500m of talent in the squad and probably got about £100m for them while wasting more. I’m sure they won’t be as stupid, but based on that list they have already signed some duds/overpaid.

Tony bloom founded a sports stats and analytics company, so he won't be.

[funkyrobot]

4 hours ago, slymunn said:

They are up around 50 million on fees from the summer of 2025, and they will sell Baleba for 100m or something in the summer too.

No way will Baleba fetch anything like that fee.🤣🤣 

[slymunn]

12 minutes ago, funkyrobot said:

No way will Baleba fetch anything like that fee.🤣🤣 

Im only going off what is talked about. People said the said about Calciedo regsrding his fee

[Tommy Fresh]

2 hours ago, VLC86 said:

 

Absolutely, I’m saying it could still go the other way though. This was us 4 years ago, we easily had £400/£500m of talent in the squad and probably got about £100m for them while wasting more. I’m sure they won’t be as stupid, but based on that list they have already signed some duds/overpaid.

This gets said a lot about Brighton though doesn't it, but the difference is the model is coming from the owner, so until he sells up it seems very unlikely they'll move away from a very successful model, and they'll continue to hire staff that fit within it.

I can't imagine they'll hire managers and backroom staff and let them rip it all up.

 

He's not only done it at Brighton either has he, so I think he's showing it'll likely continue the way it has with perhaps varying degrees of success/profit.