PL charge City for alleged breaches of financial rules

Is £105m high enough?​

Extract from The Athletic 17th January 2024.

Kieran Maguire, a football finance expert and host of The Price of Football podcast, suggests there is an argument for the £105million to be increased in line with football inflation.

“The inflation issue for PSR is that there’s a case for saying that the original allowable loss of £105m should take into account changing circumstances concerning clubs’ buying power and acceptable losses,” Maguire told The Athletic.

Since the three-year figure was set in 2013, football-related prices have gone up, whether that is player wages or transfer fees.

“Inflation eats away at buying power and in taxation, this is addressed by increasing the personal allowance (the amount you can earn before you start paying tax),” Maguire adds. “Failure to do this creates ‘fiscal drag’ where more and more people are captured by tax and higher tax rates.

“I applied the same principle to Premier League PSR and took the 2013 wages and compared them to 2022 (and a few clubs for 2023). If £105m was deemed fair in 2013, then adjusted for current wages, £218m would be ‘fair’ now.”

If the allowable losses had risen in line with football inflation to £218m, then Everton, Nottingham Forest, Leicester (maybe Chelsea) would have been well within the limit and Newcastle would have been able to spend more freely.

The main reason for the current mess appears to be the PL failure to include an allowance for inflation in their 3 year threshold calculations.
 
city saint said:
someone said about gaining a sporting advantage by spending money.isnt that the whole point of investing in your squad.if they want everyone equal set a salary cap the same for everyone
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Yes it is and for a century investment and efficient management have been seen as the only path to progress in every sphere of activity. In the UK investment levels have lagged behind those in other European, North American and, increasingly, Asian countries and the effects are showing. In football, though, the PL has chosen to pursue a policy of levelling down so that investment eludes those clubs which most need it.
 
malg said:
I see the new thing is our 'legal bills'. It was mentioned the dick Jordan on Talkshite the other day and weirdly enough I've just had a news item pop up with some ex Everton CEO asking about how we're paying our legal bills.

It's like they have a script......
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Very funny , it should be the other way round.
I’ve been asking this same question earlier how pl are coping with legal tab?
Do pl have a reserve fund for legal expenses?
 
Joe Donachie said:
Rag?? I have supported this club for over 30 years!! my very first city memory was my dad taking me to platt lane to meet the players when I was really sick as a kid! I had to go to alder hey children’s hospital for major surgery! My mums friend husband use to drive the coaches for the players in the 70’s! Finglands
I think they were called! Anyway he knew Julia mcrindle who put my dad intouch with her! Told her my story and she arranged for me to meet all the players at platt lane before I was due in to have surgery! I don’t see why I have to justify myself to you anyway, but you have really pissed me off with your comment
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If you want to sound less silly you need to stop using an exclaimation mark after every single sentence.

Although the above post amused me because the only sentence you didn't use one (the last one) was the only one that actually merited one.
 
Didsbury Dave said:
If you want to sound less silly you need to stop using an exclaimation mark after every single sentence.

Although the above post amused me because the only sentence you didn't use one (the last one) was the only one that actually merited one.
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This is not a fucking English exam!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ;)
 
bobbyowenquiff said:
What about the hundreds of people and multiple businesses whose jobs depend on CFG in Manchester who would be devastated if City lose this case? What about the risk to our city which could lose multiple millions of investment at a time when the UK is on its knees?
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Burnham doesn’t seem to give a fuck does he? To busy giving framed rag shirts to the pope!
 
Joe Donachie said:
Rag?? I have supported this club for over 30 years!! my very first city memory was my dad taking me to platt lane to meet the players when I was really sick as a kid! I had to go to alder hey children’s hospital for major surgery! My mums friend husband use to drive the coaches for the players in the 70’s! Finglands
I think they were called! Anyway he knew Julia mcrindle who put my dad intouch with her! Told her my story and she arranged for me to meet all the players at platt lane before I was due in to have surgery! I don’t see why I have to justify myself to you anyway, but you have really pissed me off with your comment
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Presumably she didn't arrange for you to meet Soriano?
How did that come about?
 
domalino said:
As far as I’m concerned, their club getting a 6 point reduction, having to sell off their best players or having no money to buy anyone is the best education for those fans.

People only care about something when it directly affects their club.
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At least they ask the question. Whether they understand the answer is debatable.
 
GaudinoMotors said:
I know, I mean he's even quoted him in realistic broken English and researched his wiki page to unearth his "controversies".
Some people are too sceptical.
If only he'd mentioned our big floodlights, all would be well.
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Usually we get rags or lfc fans joining and their history on here gives them away, when they joined, which threads they always go to or comment on etc... I honestly think this guy is a genuine City fan. Ill kick his head in personally if he isnt :)
 
HalfwayUpTheKippax said:
Could be many reasons why he may cosy up to us such as: trying to reduce consequences of fallout of united's role in forcing through these trumped up charges once we are cleared; trying to get our support for hard up taxpayers to fund a fit for purpose stadium for the rags; trying to get us to sublet the "council house" to them (the hypocritical scum if they ever try that); our help in getting rid of PSR when they are about to fall foul of them; or perhaps they have eventually realised that, if we get a serious punishment, when we are out of the PL liverpool will be in pole position to leap ahead of them in the league title list.
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Maybe to borrow money Barclay's Bank style to fund a new OT.
 
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