LCFC statement regarding PSR

[Wasyls Pec Deck]

10 hours ago, Claudio Fannieri said:

And your incoming substitute to replace Jamie Vardy is Leicester’s new  number 9 ……… Nick Di Marco, come on lad, save us again 😂

 

9 hours ago, HankMarvin said:

Stick him on the payroll full time 

Can he do the DoF role? He’d probably be quite good at negotiating contracts! Gerrim in!

Edited 20 May 2025 by Wasyls Pec Deck

[Fazzer 7]

Can't find any sympathy for them. The incompetence and ineptitude at board level is staggering. Do they never learn. Rudkin out. 

[trooky]

The most staggering aspect of all this is the belief the board had in Cooper and the squad to avoid relegation.

 

They've deliberately submitted Y24 accounts late to avoid a points deduction this season and postpone the punishment until next season. 

[Lad1966]

1 minute ago, trooky said:

The most staggering aspect of all this is the belief the board had in Cooper and the squad to avoid relegation.

 

They've deliberately submitted Y24 accounts late to avoid a points deduction this season and postpone the punishment until next season. 

If they (the board) believed that they weren’t under the ruling of the EPL why would they submit their accounts when they requested them?

[The Year Of The Fox]

15 minutes ago, trooky said:

The most staggering aspect of all this is the belief the board had in Cooper and the squad to avoid relegation.

 

They've deliberately submitted Y24 accounts late to avoid a points deduction this season and postpone the punishment until next season. 

As well as borrow more money in January against PL TV rights (IIRC) 

 

 

It’s got to the point where I’m actually finding it really funny. 

[Sly]

New chants incoming I feel! 
 

To the tune of “If You’re Happy and You Know It”

 

If you’re breaching and you know it, file a claim!

 

If you’re breaching and you know it, feel no shame!

 

If your points are disappearing,

 

And your books need engineering,

 

Just release a statement and shift the blame!

[Wortho]

I read that we could’ve taken the points deduction this season, so it wouldn’t have made any difference!!!

I know our administration is awful and we deserve what we get, hopefully Di Marco can prove the PL’s incompetence again.

 

CFC run rings around the PL’s rules and are now making a profit, after buying over a billion pounds worth of players. Obviously, no PSR rules were broken 🤷‍♀️

[trooky]

8 hours ago, Lad1966 said:

If they (the board) believed that they weren’t under the ruling of the EPL why would they submit their accounts when they requested them?

I believe they were banking on still being in the premier league and the PL not having  jurisdiction again for our Y24 accounts because were in the championship.

 

But the premier league changed their rules last month and the recent tribunal upheld the rule change giving them jurisdiction on the Y24 accounts from the championship. 

[alanf0x]

Morning Nick, it’s Jon.

 

Have you got a moment…could do with some help

[fox_favourite]

16 minutes ago, trooky said:

I believe they were banking on still being in the premier league and the PL not having  jurisdiction again for our Y24 accounts because were in the championship.

 

But the premier league changed their rules last month and the recent tribunal upheld the rule change giving them jurisdiction on the Y24 accounts from the championship. 

I'm a simpleton on all this, so I have a question. 

 

It sounds like to me the premier league changed their rules because we made them realise they have holes. At the time, we thought we were in the championship so didn't need to submit our accounts for y24. So at the time we didn't do anything wrong. They change the rules AFTER this so if you're either in the prem or EFL they can charge you. So how can they go back and say you breached the rules when they were applied after the event? Surely that is abuse of power? Changes the rules after the event and then charging us seems flawed to me? 

 

Again, this might me being dense, but isn't it like doing 40mph one week, they change the speed limit the following week to 30mph then me getting a speeding ticket for doing 40mph even though that's what the limit was last week? 

 

Im not defending the board, they are incompetent to even be in this situation and need to be sacked.

 

Happily be corrected if I'm being utterly dim. 

Edited 21 May 2025 by fox_favourite

[Nick]

4 minutes ago, alanf0x said:

Morning Nick, it’s Jon.

 

Have you got a moment…could do with some help

Is that you Alan making hoax calls again?

[Beliall]

new shirt sponsor. suits our PSR chicanery

[trooky]

2 hours ago, fox_favourite said:

I'm a simpleton on all this, so I have a question. 

 

It sounds like to me the premier league changed their rules because we made them realise they have holes. At the time, we thought we were in the championship so didn't need to submit our accounts for y24. So at the time we didn't do anything wrong. They change the rules AFTER this so if you're either in the prem or EFL they can charge you. So how can they go back and say you breached the rules when they were applied after the event? Surely that is abuse of power? Changes the rules after the event and then charging us seems flawed to me? 

 

Again, this might me being dense, but isn't it like doing 40mph one week, they change the speed limit the following week to 30mph then me getting a speeding ticket for doing 40mph even though that's what the limit was last week? 

 

Im not defending the board, they are incompetent to even be in this situation and need to be sacked.

 

Happily be corrected if I'm being utterly dim. 

Not you being dense, that's exactly how it works. 

 

The PL are not fit to govern, they abuse their power to suit their own agenda. 

 

Its incredulous you can change the rules a month ago to close a loophole and then apply it too accounts submitted 31/12 /24.

 

I guess we ****ed up massively by submitting the accounts past the deadline, which is why the tribunal found in their favour over the jurisdiction for our particular case. 

 

At the end of the day we've overspent and tried every trick going to avoid punishment.

 

The first team never read the memo though and failed miserably, so it's all been a total waste of time and effort. 

 

Edited 21 May 2025 by trooky

[suffolk fox]

6 hours ago, Sly said:

New chants incoming I feel! 
 

To the tune of “If You’re Happy and You Know It”

 

If you’re breaching and you know it, file a claim!

 

If you’re breaching and you know it, feel no shame!

 

If your points are disappearing,

 

And your books need engineering,

 

Just release a statement and shift the blame!

This is brilliant!  You missed your calling Your a poet and you didn't know it..................

[deep blue]

Just now, suffolk fox said:

This is brilliant!  You missed your calling Your a poet and you didn't know it..................

Just the last line doesn't scan.  How about

")just release a f***ing statement, shift the blame".

[The Fox Covert]

On 20/05/2025 at 10:11, ClaphamFox said:

So we've been charged by the PL for last season. The view among the football finance 'experts' was that it would have been very tight for that period, so hopefully the breach was only small. Also: if the PL has jurisdiction for this, does that mean we can only be punished if/when we get promoted again?

I have never been a supporter of points deductions. There has to be some kind of control to stop clubs spending beyond their means and I think that a much fairer sanction would be to disallow clubs from promotion or, in the PL, competing in European competition, until the club has got its finances in order.