PL charge City for alleged breaches of financial rules

surley this whole FFP will collapse in on itself at some point, have heard a few pundits now saying that the leauge is in a mess,
 
The Reckless Pen said:

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.
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If the aim of FFP is to protect clubs then it makes no sense to raise the limits particularly if income isn't rising. If a club is at risk from £105m of debt then surely the risk is increased if the allowable loses increases
 
Next premier meeting I'd presume they'll be talking about the new PSR rules they want to vote in! Reports that it going to be bit like the uefa one? Maybe a few clubs will be angry and want to change it to something else?
 
When will the fans of all the other premier league clubs realise City are not the bad guys in all of this. There are going to be more clubs dragged into this scenario and even more fans will be affected. The 3 red clubs have destroyed the Premier league with there greed and power and needs to be brought to justice.
 
city2 said:
When will the fans of all the other premier league clubs realise City are not the bad guys in all of this. There are going to be more clubs dragged into this scenario and even more fans will be affected. The 3 red clubs have destroyed the Premier league with there greed and power and needs to be brought to justice.
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The hedge fund American owners have! Am sure in America you can't buy any sports club using hedge funds!
 
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city2 said:
When will the fans of all the other premier league clubs realise City are not the bad guys in all of this. There are going to be more clubs dragged into this scenario and even more fans will be affected. The 3 red clubs have destroyed the Premier league with there greed and power and needs to be brought to justice.
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This is where the club’s anodyne and somewhat servile response to these charges is having real and practical effect to us as supporters.

Wouldn’t it be good if the club actually asserted themselves and took the initiative?

Act like fucking champions, rather than Uncle Toms?

Wouldn’t that be nice?
 
gordondaviesmoustache said:
This is where the club’s anodyne and somewhat servile response to these charges is having real and practical effect to us as supporters.

Wouldn’t it be good if the club actually asserted themselves and took the initiative?

Act like fucking champions, rather than Uncle Toms?

Wouldn’t that be nice?
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Nice but it's not happening.

Our owner and the board aren't lifelong Blues so although they want the club to succeed it's not the same as you or I feel about it. It's just business and they have skin like a rhinoceros. They deal with stuff far more difficult than this all the time so it's water off a rhino's back...
 
tregyblue61 said:
Fans of others should always read this from Martin Samuel:

www.dailymail.co.uk

MARTIN SAMUEL: Fair play? To the Premier League's gang of four, that means a ban on dreamers like Jack Walker

The plot which Arsenal and Manchester United have hatched is sucking in many of the other Premier League clubs eager for a slice of the pie.
www.dailymail.co.uk www.dailymail.co.uk
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In view of recent events Martin Samuel should republish this with his current thinking on how its panning out for the driving forces behind the current PSR rules
 
Invisible Man's Bandage said:
Nice but it's not happening.

Our owner and the board aren't lifelong Blues so although they want the club to succeed it's not the same as you or I feel about it. It's just business and they have skin like a rhinoceros. They deal with stuff far more difficult than this all the time so it's water off a rhino's back...
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This approach has allowed this poison around these charges to grow unabated.
 
Invisible Man's Bandage said:
Nice but it's not happening.

Our owner and the board aren't lifelong Blues so although they want the club to succeed it's not the same as you or I feel about it. It's just business and they have skin like a rhinoceros. They deal with stuff far more difficult than this all the time so it's water off a rhino's back...
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They also play the long game, have very long memories and serve their revenge cold....very cold.

The smart thing is that the recipients may never know that the revenge has been served or by whom.

He he laughs last......
 
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