PL charge City for alleged breaches of financial rules

[MillionMilesAway]

I thought they had some kind of regulations?
Having said that Gary Chuckle and the Crass of 92 with their spending at Salford City might say otherwise...

Apparently so, but different. This is from 2015, but it's the best I can find!

Any club that has been relegated to League 1 having exceeded the £6m limit will not be subject to a transfer embargo but will be required to comply with the Salary Cost Management Protocol (SCMP) regulations in place in that division. These rules require League 1 clubs to limit their spending on players’ wages to 60% of turnover plus 100% of Football Fortune income (e.g. financial donations, transfer income, revenue from cup matches), with a club relegated from the Championship being able to operate at 75% of turnover for a transitional period of one season.

League 2 clubs operate the SCMP system at 55% of turnover and 100% of Football Fortune income.

It's a similar structure to the new FFP rules of (revenue+transfer profit)/(wages+amortisation)

Targets are to be under 90% this year, then decreasing by 10% for two years.

 

[whipper]

This is the YouTube channel that always has the embargoed stuff. It’s going to be good :)

Hopefully a salvo across the bow :)

 

[horlock_was_super]

I wonder what Klopp said on 29th May 1985?

It was them Chelsea fuckers wot did it

 

[flb]

I ain't tech minded,, what's this mean?

Open some cans and watch Pep at 10.30 !

 

[KS55]

Careful Pep you’ve got Etihad on your shirt, that’s disguised futuristic owner investment…they’ll be trying to wipe that promotion from the records & send us back, hope to god he never went to Wembley although he does have an obsession with Dickov

I’m amazed he didn‘t name check Barry Conlon and Buster Philipps.

 

[Blueboy73]

Apparently so, but different. This is from 2015, but it's the best I can find!

Any club that has been relegated to League 1 having exceeded the £6m limit will not be subject to a transfer embargo but will be required to comply with the Salary Cost Management Protocol (SCMP) regulations in place in that division. These rules require League 1 clubs to limit their spending on players’ wages to 60% of turnover plus 100% of Football Fortune income (e.g. financial donations, transfer income, revenue from cup matches), with a club relegated from the Championship being able to operate at 75% of turnover for a transitional period of one season.

League 2 clubs operate the SCMP system at 55% of turnover and 100% of Football Fortune income.

It's a similar structure to the new FFP rules of (revenue+transfer profit)/(wages+amortisation)

Targets are to be under 90% this year, then decreasing by 10% for two years.

Thanks, really appreciate this.
This also explains why Gary Chuckle is so vocal with his views about FFP.

 

[Kippax1973]

Open some cans and watch Pep at 10.30 !

Already well on the vodde lol

 

[Saddleworth2]

just watched @Prestwich_Blue on Cheesys You Tube channel. A fine rundown of the charges against us and definitely worth a view.

 

[Decepticon]

When we finally beat this and City feels that our image is permanently damaged, do we go after the Premier League for compensation? Is that possible?

 

[MillionMilesAway]

Thanks, really appreciate this.
This also explains why Gary Chuckle is so vocal with his views about FFP.

no problem.

Well yes, he still thinks Salford can reach the Championship (at least) and then FFP kicks in.

Of course, all the money at Salford and the hotel is the Malaysian Peter Lim who has basically destroyed Valencia.