Premier League cannot take action against the club for exceeding the relevant PSR threshold

[Mickyblueeyes]

YES MOTHER****ERS!!! 

[TheStig]

Lawyers have done their part - now get Cooper and the players do their part. POINTS FFS

3 minutes ago, foxes_rule1978 said:

This is massive, gives us a chance of staying up 

 

[jayfox26]

1 minute ago, Chelmofox said:

He probably cost 1 months worth of Soumare's wages.

May as well keep him on a retainer, given how useless our board at running the club. 

[frany104]

Does this mean that our finances for rheb3 year period going forward are reset?

 

Might have some cash to spend in January if so?

[Bob666]

9 minutes ago, Bert said:

Maybe it was all a plan to get relegated, knowing we’d breach but get away with it on a technicality, having a season on loan in the championship to avoid it all. 

What happens if we get relegated - does the EFL get to deduct points for 23/24 breach of their rules or do we argue we were back in PL @ 30/6/24 & therefore outside of EFL jurisdiction & then we keep yoyoing until PSR removed 😉 

[lcfc sheff]

am I interpreting this correctly...... relegation saved us?!

[les-tah]

has anyone conclusively answered the question..

 

does it mean that no points deduction at all

 

or

 

just 1 set of points deduction from the season we got relegated 

Edited 3 September by les-tah

[st albans fox]

So it seems that without intending for this to be the case, relegation  effectively makes any psr sanction redundant and unenforceable.

 

so relegation becomes sanction enough for breaking psr rules. 
 

you'd think that the PL will be going through our accounts to June 30 2024 with a fine toothcomb now!   Desperately trying to find that we’ve exceeded allowable losses.  No way are we getting the cost of mars bars for the women’s team through ! 

[lcfc sheff]

1 minute ago, les-tah said:

has anyone conclusively answered the question..

 

does it mean that no points deduction at all

 

or

 

just 1 set of points deduction from the season we got relegated 

no points deductions at all.

[st albans fox]

Just now, les-tah said:

has anyone conclusively answered the question..

 

does it mean that no points deduction from last season 

 

or

 

just 1 points deduction from the season we got relegated 

Last season - not known yet

relegation season - no deduction (unless the PL employ nick demarco to find a way around out appeal win) 

[FLAN]

Are we meeting at the King Power or Clock Tower to celebrate?

[ashbyj]

Better feeling than winning the league 😂

[st albans fox]

Just now, lcfc sheff said:

no points deductions at all.

We don’t know about last season 

[Rain King]

3 minutes ago, bmt said:

You're speeding through one country and cross the border into another and the policeman who has been tailing you with the siren on can't ticket you because it's in a different country. I think. But yes, still speeding haha.

But then we speed back into the first country and stick two fingers up to the original policeman.

[-sodapop]

This is almost certainly going to put a target on the club's back moving forward from both the PL and the EFL, so we better have our shit in order.

 

I'd be amazed if the PL + EFL didn't announce a rule change this season to allow enforcement of spending laws in each other's divisons - else this loophole will keep being exploited.

[ramboacdc]

2 minutes ago, StanSP said:

Will PL appeal this latest decision? 

 

Just now, Adster said:

Can they appeal and appeal? 

Short answer is "almost certainly not." 

I think the Premier League would have also said in their statement of which course of action they would pursue now if there was one. 

 

[NYC Fox Fan]

We reset upon promotion back to the Premier League.

[billyfox1]

Can they just screw us for the 3 yr period ending June 24? Surely we still made ridiculous losses

[FrankieADZ]

hardly no other fan reactions in here, frankly in disappointed 

[justfoxes]

Another loophole from Leicesters lawyers found so FUCH YOU EPL !!

 

[Lcfc-1992]

Let’s push for Europe!

[ramboacdc]

Just now, st albans fox said:

We don’t know about last season 

If we broke it last year in The Championship, I think the point deductions are only added once you drop back into the EFL. 

[The whole world smiles]

Just now, les-tah said:

has anyone conclusively answered the question..

 

does it mean that no points deduction from last season 

 

or

 

just 1 points deduction from the season we got relegated 

Right so my extremely reductive understanding of it is we went down to the championship and successfully appealed points deduction based on it being a different league, we then got promoted and the premier league tried to get us for it and we appealed based on being in a different league seems to me that the big brains at the premier league hadn't factored in legally what happens when a side gets relegated.

[Marshall Cockney Fox]

That Man City legal are something else. Cheers fellas

[drew]

18 minutes ago, Bilo said:

A pity this didn't come out a fortnight ago, as I'm sure we wouldn't have had the problems with recruitment that we had when we had a points deduction hanging over us.

I believe the outcome was delayed to after the close of the window intentionally.