6 point deduction - confirmed

[Foxdiamond]

Being punished for breaking rules sounds a simple argument. Punished by an outfit that itself is hardly a paragon of fairness fair play and virtue is laughable. The whole edifice is rotten 

[hackneyfox]

46 minutes ago, Finnegan said:

 

Yeah absolutely, I'm fed up of it too. But I've got absolutely no idea why people thought it was over and done with because we got a points deduction. Clubs always appeal. All clubs always appeal. Nobody ever goes "oh thanks for that points deduction, lovely, now lets move on."

 

The PSR / FFP rules are so stupidly and appalling written it would be daft to just take the ruling and not contest it at all. ESPECIALLY when we're the first club to be done by yet another new and revised bit of legislation that says the league we're not even currently in can impose points deductions and especially when those new rules came in AFTER the financial period in question.

 

There are millions of things to moan about the club for and we've got a thread for every single one of them, people can and should go and absolutely bitch and moan their hearts out. But this is about the one thing the club are currently doing right. I'd be angry if we WEREN'T appealing. NOT appealing would be unbelievably stupid.

 

This, this & this.

 

Can there be another club where so many of its own supporters seem to want their club to be relegated or hit with a points deduction?

Weird

 

I'm selling horse hair shirts and self flagellation chains if anyone is interested.

 

 

[Foxdiamond]

4 minutes ago, hackneyfox said:

This, this & this.

 

Can there be another club where so many of its own supporters seem to want their club to be relegated or hit with a points deduction?

Weird

 

I'm selling horse hair shirts and self flagellation chains if anyone is interested.

 

 

As a Leicester fan from outside The area I have perhaps unfairly detected a very downbeat miserable tendency to want to wallow in pain.

[Product of 84]

I hate modern football.

 

Relegation shouldn't become a panic that you'll fail financial rules, potentially go out of business and face administration and lose your youth for next to nothing. The cost is simply far to high. And shouldn't the rules protect clubs from this happening. 

 

That said, I don't properly understand it all and I don't think many fans (or 'experts') truly do. Again another thing I hate about the modern game. 

 

And finally, I'm fed up with talking about PSR and finances. I want to talk about the actual football (even tho we are rubbish at that too at the moment). 

 

I'm getting less and less interested in football as a result. 

[Foxdiamond]

1 minute ago, Product of 84 said:

I hate modern football.

 

Relegation shouldn't become a panic that you'll fail financial rules, potentially go out of business and face administration and lose your youth for next to nothing. The cost is simply far to high. And shouldn't the rules protect clubs from this happening. 

 

That said, I don't properly understand it all and I don't think many fans (or 'experts') truly do. Again another thing I hate about the modern game. 

 

And finally, I'm fed up with talking about PSR and finances. I want to talk about the actual football (even tho we are rubbish at that too at the moment). 

 

I'm getting less and less interested in football as a result. 

Spot on. I can remember being relegated and thinking it was a set back but part and parcel of football and not a fear of oblivion 

[CornwallFox]

With us, I suspect we were expecting to be top end of the premier League when we failed psr, so would publicly argue that our sporting achievements without any real financial problems due to our owners picking up any debts, meant that we were being penalised for being competitive, and it's unfair to expect us to sell all our best players to meet an arbitrary financial rule - i.e. make the point that psr is simply keeping the big boys at the top. Obviously we didn't expect relegation and even then we could have afforded it, but the rules are harder to argue against from a sporting achievement point of view when you aren't achieving anything positive. 

[VLC86]

7 minutes ago, Product of 84 said:

I hate modern football.

 

Relegation shouldn't become a panic that you'll fail financial rules, potentially go out of business and face administration and lose your youth for next to nothing. The cost is simply far to high. And shouldn't the rules protect clubs from this happening. 

 

That said, I don't properly understand it all and I don't think many fans (or 'experts') truly do. Again another thing I hate about the modern game. 

 

And finally, I'm fed up with talking about PSR and finances. I want to talk about the actual football (even tho we are rubbish at that too at the moment). 

 

I'm getting less and less interested in football as a result. 

I’d agree with the sentiment about modern football, but it’s not a new concept to completely mismanage your finances, fail and then go under.

 

How many clubs get relegated each year and it’s not likely as bad for them as it is us? Granted, PSR does help you down that path.

[jayfox26]

Initially I was annoyed that we had appealed as im sick to death of Top and Rudkin not accepting any responsibility and blaming everyone else for the mess we are in but the PL and EFL are a disgrace and I did always question the legality of retrospectively imposing a new rule. I assume this is why we are appealing. I want Top and Rudkin embarrassed and want them out of our club but I do think we should be sticking 2 fingers up to the PL and EFL and their corrupt rules.  

[peach0000]

6 minutes ago, VLC86 said:

I’d agree with the sentiment about modern football, but it’s not a new concept to completely mismanage your finances, fail and then go under.

 

How many clubs get relegated each year and it’s not likely as bad for them as it is us? Granted, PSR does help you down that path.

The point is PSR is there to stop clubs from going bust. However, in my view it is entirely possible that PSR will be a key factor in causing Leicester to go out of business. What PSR inadvertently seems to do is to make it impossible for a club to recover from particularly bad seasons and it's being seen in a very extreme way with Leicester. Has the club been horendously mismanaged? Yes. Has PSR made it a lot more extreme? Undoubtedbly.

[JimJams]

17 minutes ago, Product of 84 said:

I hate modern football.

 

Relegation shouldn't become a panic that you'll fail financial rules, potentially go out of business and face administration and lose your youth for next to nothing. The cost is simply far to high. And shouldn't the rules protect clubs from this happening. 

 

That said, I don't properly understand it all and I don't think many fans (or 'experts') truly do. Again another thing I hate about the modern game. 

 

And finally, I'm fed up with talking about PSR and finances. I want to talk about the actual football (even tho we are rubbish at that too at the moment). 

 

I'm getting less and less interested in football as a result. 

The irony of all this as well is that the rules are supposed to be in play to stop unruly owners saddling a club with debt and endangering the future of said club.

It seems if you break those rules the EFL and EPL will take it upon themselves to try and ensure the future is fxxked regardless.

 

[Dan]

Never in any doubt was it.

 

Always the victims.

[Foxin_Mad]

Id be interested to know what grounds they are appealing on.

 

End of the day we had a wage bill that was over 100% of revenue, no matter how good a business you are that isn't sustainable. 

 

We then proceeded to spend top tier money for players that appear to be at best 2nd tier, over 250 million utterly wasted on transfer fees alone, much more of wages etc. 

 

We fell outside the rules and it was due to pure ineptitude of senior management who should have been sacked. I don't like the rules, but I don't really see what there is to appeal unless there is another technicality. 

 

The worst bit about this is I wouldnt mind if wed have got to watch some talented footballers, and exciting football but no Rudkin brings in Soumare and Faes, managed by some utter clowns . 

Edited 19 February by Foxin_Mad

[suffolk fox]

Laughably the premier league are appealing over the fact that we didn't submit our accounts on time for the said period?  They, are also asking for a points increase because apparently it sets a precedent.

 

Surely, the accounts part of this was covered in the first hearing?

 

As, others have alluded too how come a clubs season can be defined in a court room or offices.  Game has seriously lost the plot.

Edited 19 February by suffolk fox

[VLC86]

26 minutes ago, peach0000 said:

The point is PSR is there to stop clubs from going bust. However, in my view it is entirely possible that PSR will be a key factor in causing Leicester to go out of business. What PSR inadvertently seems to do is to make it impossible for a club to recover from particularly bad seasons and it's being seen in a very extreme way with Leicester. Has the club been horendously mismanaged? Yes. Has PSR made it a lot more extreme? Undoubtedbly.

You can’t argue with that, but I would argue we were probably another season away from

doing it to ourselves.

[Jonezy]

We are never gonna be done wih this shit are we....

[Stadt]

It makes sense to appeal but it seems nobody is exactly sure if this is risk free, whether it be a points deduction or a fine.

 

What’s concerning is there is a mentality of fight, hassle, block, be uncooperative rather than just taking our medicine. This appeal will cost however much in legal fees when we have very little to spend and it becomes another distraction.

 

No doubt the rules and jurisdiction issues are clear as mud at times but what we do know is our owner is denial, incompetent as well as our execs. It doesn’t feel like a calculated attempt at maximising our sporting advantage and feels (that being the operative word) as though it’s petulant denial of wrong doing - just like our statements. 

[Foxin_Mad]

If anything id argue we had a sporting disadvantage with such blithering incompetents running the club, one who couldn't work a fax machine on deadline day, signing absolute dogshit players for huge fees, maybe thats the angle to take! 

Edited 19 February by Foxin_Mad

[Manwell Pablo]

2 hours ago, Finnegan said:

Holy shit can we ban the next person to claim it's arrogant to appeal a ****ing ruling. 

 

No it isn't, it's just normal, what planet do you live on?

 

 

Have you seen our defence? It can basically can be summarised by we didn't expect to get relegated  and John tries really hard.

 

Having said that our own appeal is by the by, it will not result in a reduced penalty I will tell you that for free, the PL's own appeal is far more worrying. I would like to think the only reason we've lodged our own is a Poker tactic as not doing so would indicate we think we've got off lightly and if the PL appealed and we didn't it wouldn't look great. Sadly I don't think and I do think it's arrogance though.

 

 

[davieG]

Surely any sort of PSR should be set so that they stop clubs from over expending themselves by agreeing exorbitant wages that they cannot afford.

 

This is all after the horse has bolted and will inevitably put extra strain on clubs.

 

 

[Likely Fox]

12 point incoming 

[peach0000]

20 minutes ago, VLC86 said:

You can’t argue with that, but I would argue we were probably another season away from

doing it to ourselves.

Maybe but we will never know. Maybe they would have chucked money at it without PSR and none of this would have happened. However with King Powers problems in Thailand I suspect they wouldn't have been able to. Maybe they would have sacked Rodgers sooner without financial constraints and escaped the first relegation, we will never know. I suspect that we would have found trouble sooner rather than later with the mismanagement we have seen recently but I don't know whether it would have been so severe or threatened the existence of the club. It would be interesting to see what would happen to Spurs or West Ham were they to be relegated as I suspect you might see a similar spiral where they can't escape. 

[Long Eaton Fox]

Shouldn't the latest appeals process be addressed in the order they are received. Therefore man city should be next on the list as they have been on it for longer.

Edited 19 February by Long Eaton Fox

[Likely Fox]

Should have sucked up the 6 points, Premier League can smell blood, ⚽

[PingCower]

1 hour ago, Foxdiamond said:

As a Leicester fan from outside The area I have perhaps unfairly detected a very downbeat miserable tendency to want to wallow in pain.

Same. I’m from elsewhere too, I find the Leicester character to be inclined to negativity and prone to moaning about everything and nothing. I love it. 😉 

[Leicesterpool]

Sadly i doubt we will be successful, the only thing we can put in our defence is if we say weird being punished whilst Man City havent but even then were clutching at straws. I can imagine Forest and Everton tried that.