Leicester 'could face points deduction next season'

[Muzzy_no7]

When are Leeds and Southampton going to be looked at?

 

I know Southampton MAY be OK because of having some sides pants down with sales this year but Leeds surely too must be close? 
 

Leeds: While Leeds are also likely to post a loss for the season 2022/23, their two most recent sets of accounts in 2020/21 and 2021/22 amount to a total pre-tax loss of £48.6 million, allowing a £56.4 million loss facility in 2022/23's accounts, which are yet to be announced. Obviously 23/24 they will make a hefty loss too. 
 

Southampton lost a combined 180m+ from 2018-2023. 

Edited 22 March by Muzzy_no7

[urban.spaceman]

21 minutes ago, Parker Pen said:

I am sure that all of this must be an abuse of process somewhere!

 

Let’s pick on the Leicesters, Everton’s and Forests of the World and ignore Chelsea Man City, United, Newcastle Liverpool, Arsenal and Spurs! All have questionable ownerships!  
 
Plus Forest are owned by an international drug dealer!
 

The premier league don’t have the bottle to take on any if those scummy teams! 
 

This is our payback for winning the league and employing idiots like Lee Congerton! Who signed shit players and gave them huge contracts!

 

Anyway at least we invested in a decent training facility! We are going to depend on those kids coming through now unless we win our legal challenges!

The EFL literally released a statement admitting that they had broken their own rules in pursuing us. The club seem confident that the EFL don’t even have the jurisdiction to enforce a transfer embargo on us. 

[Blackstarr]

3 minutes ago, Muzzy_no7 said:

When are Leeds and Southampton going to be looked at?

 

I know Southampton MAY be OK because of having some sides pants down with sales this year but Leeds surely too must be close? 
 

Leeds: While Leeds are also likely to post a loss for the season 2022/23, their two most recent sets of accounts in 2020/21 and 2021/22 amount to a total pre-tax loss of £48.6 million, allowing a £56.4 million loss facility in 2022/23's accounts, which are yet to be announced. Obviously 23/24 they will make a hefty loss too. 
 

Southampton lost a combined 180m+ from 2018-2023. 

Have you adjusted the allowable losses for Covid? Also there are losses that can be offset (academy costs, development etc) Not as straightforward as just looking at the P&L. They’ve probably gone for us first cos we’ve breached it by a country mile 

[FrankieADZ]

23 minutes ago, Matt said:

Talk of changes to rules being as soon as this summer which is why i'm asking the question are there only going to be Everton, Forest and us in breach of the current rules and everyone else escapes come the rule change in the summer?

 

In which case is that why we're fighting the charges so viscerally and stalling any challenge?

 

It could be argued we're under investigation and having charges hanging over us under the 'old rules' but so do Man City, punish them, dare you.

 

 

23 minutes ago, copunk said:

I would be shocked if they are still place when they are charged, in a way I hope they aren't because the uproar and anger amongst fans who don't support the "big 6" would be beyond anything the Premier league could cope with, would be hilarious 

if they change them this summer and the likes of Man City and Chelsea get away with it, the uproar from the rest of the league will be massive, though any changes would have to be voted in and as you can imagine the top 6 will always vote the way that benefit them

I understand kinda why the Man City one is taking such a time cos its over 10yrs theyve been breaking it; and Chelsea's FFP stuff will certainly come next season

 

but then again we know these leagues have dodgy people running them, so fully expect City and Chelsea, to get away with it

[Bryn]

I’m generally not a conspiracist but this is the PL exacting revenge for us winning the league. That shook the financial establishment behind football to their core as they realised they could never guarantee shareholders of established clubs endless supplies of free money if upstart clubs could take them on.

 

The Super League failed, so the new strategy is to use “FFP” to take down clubs with wealthy owners. They’ll tread water over Man City and Chelsea until they’re certain there’s noone who can leapfrog them. 
 

If they actually wanted fair competition, it’s as simple as a salary cap and absolute limits on transfer expenditure that are the same for all clubs.

[K789]

Looks like our boy nick de marco is the top guy in the country. 

[Trav Le Bleu]

5 minutes ago, K789 said:

Looks like our boy nick de marco is the top guy in the country. 

Let's hope.

 

What gets me is that this is supposed to "protect" football clubs when in fact, it's killing them.

 

[moore_94]

So we might not even start the season with a points deduction if we go up

 

https://www.leicestermercury.co.uk/sport/football/football-news/leicester-city-ffp-points-deduction-9182978

 

Borson also went on to address the timing of the situation, with Nottingham Forest and Everton having had their cases adjudicated. “Leicester City are captured by the old rules and the old rules don't have the expedited timetable of the rules that came in after they were relegated….It will be a sort of slower, probably a more tortuous legal battle that will resolve itself probably sometime in the middle of next season.

[urban.spaceman]

56 minutes ago, Babylon said:

I shouldn’t be laughing, but this is just standard lcfc isn’t it. Every single bloody year it’s drama.

 

If any club is simultaneously bringing court cases against the EFL and the EPL, whilst blowing a massive double digit lead, getting a transfer ban, and breaking PSR, it’s always going to be this basket case of a club. 

 

 

Should probably put it to a poll but does this even make it in the top 10 anymore? 
 

[The_77]

Burn it down. 

 

[urban.spaceman]

[Mickyblueeyes]

De Marco is a superstar in the profession. We’ve gone big, no Dean Smith plaster off the pitch, clearly. 

[whetstonefox]

As bad as it might get over the next couple of years , especially if we don’t go up and start next season on minus 6 points and and a transfer embargo, perhaps the fan base might finally wake up and reignite the passion that has been missing.

 

I think the football world would be quite happy to see us struggling to stay in the championship next season let alone the premier league 

[Mickyblueeyes]

https://www.blackstonechambers.com/news/leicester-city-football-club-v-efl-club-financial-reporting-unit/
 

 

[Product of 84]

Have I got this right? 

 

The Prem are after us because we lost revenue due to not being as successful as we had in the previous 3 seasons so our money in was lower. We tried to meet their rules but even with not adding to our squad we have fallen foul of them. So by trying to stay in the rules, we've broken them anyway and been relegated.

 

The EFL are after us because we've been relegated and automatically have a massive loss in revenue. They want to charge us when we don't even have a year of finance in the EFL which prevents us from even trying to get in line with their rules. 

 

Therefore, you might as well break the rules, be honest about it, and stay in the Prem with a small points deduction for being honest and cooperative. As if you follow the rules and are relegated/not very successful you won't be successful which will result in relegation and more financial woes and punishments. Everyone will think you are a cheat and your best players will be subject to low ball offers you're bullied into accepting in order to get within the rules you have already been charged on for breaking. 

 

Where is the incentive for a Prem League Club to stay within the rules when threatened by relegation? It seems our only mistake was not buying better players to ensure our survival. Losing 4 points in the Prem would be OK when compared to what we are faced with now.

Edited 22 March by Product of 84

[Corky]

33 minutes ago, Bryn said:

I’m generally not a conspiracist but this is the PL exacting revenge for us winning the league. That shook the financial establishment behind football to their core as they realised they could never guarantee shareholders of established clubs endless supplies of free money if upstart clubs could take them on.

 

The Super League failed, so the new strategy is to use “FFP” to take down clubs with wealthy owners. They’ll tread water over Man City and Chelsea until they’re certain there’s noone who can leapfrog them. 
 

If they actually wanted fair competition, it’s as simple as a salary cap and absolute limits on transfer expenditure that are the same for all clubs.

This would hold much more weight if the rules hadn't been in place before our title winning season and other clubs who have been nowhere near winning the league weren't being punished as well.

 

This isn't some grand plan to stop Leicester City alone, we aren't that important.

[Izzy]

37 minutes ago, Bryn said:

I’m generally not a conspiracist but this is the PL exacting revenge for us winning the league. That shook the financial establishment behind football to their core as they realised they could never guarantee shareholders of established clubs endless supplies of free money if upstart clubs could take them on.

 

The Super League failed, so the new strategy is to use “FFP” to take down clubs with wealthy owners. They’ll tread water over Man City and Chelsea until they’re certain there’s noone who can leapfrog them. 
 

If they actually wanted fair competition, it’s as simple as a salary cap and absolute limits on transfer expenditure that are the same for all clubs.

Well you make a pretty good one 

[iancognito]

36 minutes ago, K789 said:

Looks like our boy nick de marco is the top guy in the country. 

He's looked after every club involved in this, top football lawyer but his bank manager is the one most grateful.

[KFS]

3 minutes ago, Product of 84 said:

Have I got this right? 

 

The Prem are after us because we lost revenue due to not being as successful as we had in the previous 3 seasons so our money in was lower. We tried to meet their rules but even with not adding to our squad we have fallen foul of them. So by trying to stay in the rules, we've broken them anyway and been relegated.

 

The EFL are after us because we've been relegated and automatically have a massive loss in revenue. They want to charge us when we don't even have a year of finance in the EFL which prevents us from even trying to get in line with their rules. 

 

Therefore, you might as well break the rules, be honest about it, and stay in the Prem with a small points deduction for being honest and cooperative. As if you follow the rules and are relegated/not very successful you won't be successful which will result in relegation and more financial woes and punishments. Everyone will think you are a cheat and your best players will be subject to low ball offers your bullied into accepting in order to get within the rules you have already been charged on for breaking. 

 

Where is the incentive for a Prem League Club to stay within the rules when threatened by relegation? It seems our only mistake was not buying better players to ensure our survival. Losing 4 points in the Prem would be OK when compared to what we are faced with now.

This is spot on. I’m also currently trying to do a quick analysis of clubs who have won three or more trophies over the last 8 years. There are essentially five:

 

LCFC 

Manchester City 

Manchester United 

Liverpool 

Arsenal 

 

We didn’t even come close to any of their spend, and yet FFP is claiming that we used resources above our means to gain competitive advantage. How is that possible when each of the above spent billions in comparison? In terms of success, we should be compared to a similar pool of clubs. I don’t want to hear that we were at an advantage over Everton, Forest et al, because we weren’t. We stopped spending unlike them and paid the price.
 

Useless comparison in the grand scheme. But confirms what we knew - you can try to compete but don’t win. We don’t like that here unless you are one in the boys club.

 

All of this is making me sick.

[StanSP]

35 minutes ago, moore_94 said:

So we might not even start the season with a points deduction if we go up

 

https://www.leicestermercury.co.uk/sport/football/football-news/leicester-city-ffp-points-deduction-9182978

 

Borson also went on to address the timing of the situation, with Nottingham Forest and Everton having had their cases adjudicated. “Leicester City are captured by the old rules and the old rules don't have the expedited timetable of the rules that came in after they were relegated….It will be a sort of slower, probably a more tortuous legal battle that will resolve itself probably sometime in the middle of next season.

We're gonna be top of the league and they'll hit us with the deductions that will get us out of the top 6.

 

Or we'll be bottom of the league and they'll slap 10 pts off, meaning we finish below Derby's record just for the fun of it. 

[oxtonfox]

As long as the points deduction is next season I don’t mind. Only hope we’re in the league above and not this one. 

[egg_fried_rice]

Putting aside for a moment the fact that the EPL and EFL are over-reaching on their own ill-defined, poorly thought out and incompetently managed set of regulations - do we know why we were posturing to sue Everton when we must have known we were heading towards a breach?

[Bert]

7 minutes ago, egg_fried_rice said:

Putting aside for a moment the fact that the EPL and EFL are over-reaching on their own ill-defined, poorly thought out and incompetently managed set of regulations - do we know why we were posturing to sue Everton when we must have known we were heading towards a breach?

We allegedly quickly withdrew that intent after hearing suing them would’ve likely entered them into administration. 

[cruzFOX]

This is just getting worse and worse with every day. We’re supposed to be focused on these last 9 games instead were the new talking point on all the media outlets.

hopefully they go after someone else soon so Enzo can get in with the job of getting some much needed wins. Let’s the lawyers worry about the litigation.

[orangecity23]

8 minutes ago, Corky said:

This would hold much more weight if the rules hadn't been in place before our title winning season and other clubs who have been nowhere near winning the league weren't being punished as well.

 

This isn't some grand plan to stop Leicester City alone, we aren't that important.

No. It's a grand plan to ensure that Man United, Liverpool and Arsenal are the only clubs with a chance of ever winning the league. Man United are shit, but it's okay. Just keep giving them dodgy VAR decisions, ban everyone else from spending money, and keep inflating that commercial income until LEADING FOOTBALL RED BRAND #1 is top of the table, it's best for business. Tune in live on Sky Sports, for the top of the table clash between Man Utd and Liverpool, as a greased up Gary Neville and Jamie Carragher wrestle in a padddling pool full of oil, in front of a braying crowd of red shirt wearing glory hunting nobs from around the world. Support American owned Red Brand #1, or American owned Red Brand #2, in the all star studded superbowl clash live in Dubai, for the prestigious SuperLeagueFFPBowl Tournament Cup. Buy your £220 replica Red Brand Shirt fo choice from Adidas and Nike, and argue with your friends and colleagues in Wales, Dublin, London, Milton Keynes, Shanghai, Boston, Nairobi or The Line, Saudia Arabia about why your red team of choice is the bestest at the Football product. Stop asking questions, and enjoy consuming quality glory hunt televisual media sport product, for a low low subscription fee of just £100 a month* worldwide!

 

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