PL charge City for alleged breaches of financial rules

Gorton_Tubster said:
For anyone who didnt hear it the first time, or just want a reminder of the ludicrousness of the UEFA charges against City listen to this podcast from Stefan Borson at the time.



For me, this case from the FA/PL bears all of the same hallmarks as the UEFA one. Not syaing it is the same but the handling, the incredulous accusations, the amateurish approach from our accusers. All quite enlightening again. And Stefans comments at the end about how we have beaten CAS but that might not be the end of it.
Click to expand...

And anyone who thinks this latest smear campaign is the last of it if we win can think again, they still have 2018 onwards and even then they can “find” something that pulls years before 2018 back into question. They want us gone, our only option is to build an alliance with other clubs to defeat the cartel.
 
Dribble said:
View attachment 104844View attachment 104845

Spurs rise above rivals​

The brand of football that is being delivered under Ange Postecoglou this season has undoubtedly quelled some of the anger that had been sent the way of Tottenham Hotspur chairman Daniel Levy in recent years. The fact that Spurs are one of the few clubs to be engaging in the market this month, with £26m spent on Genoa’s Radu Dragusin and a loan deal for RB Leipzig striker Timo Werner, which could turn into a £15m permanent deal if all works out as hoped, has hinted that the tide may be turning in Spurs’ favour.

Figures presented by football finance expert Swiss Ramble last year looked at the potential PSR position of each Premier League club, and just how much they could lose before being in breach of the regulations.

For some the margins were fine, but for Spurs, through a considered transfer strategy and the fact that much of the losses that the club has incurred can be attributed to the building of the £1bn new stadium, with such costs an allowable deduction when it comes to PSR, the picture was rather serene when compared to the rest of the League. Liverpool, a club that has a similarly cautious approach to spending and a strong balance sheet, also fared well.

Spurs emerged as the club with the best PSR position in the Premier League, with allowable losses of £276m, a figure aided by the fact that much of the losses attributed to the club can be linked to the building of the Tottenham Hotspur Stadium (THS), with stadium and infrastructure costs not factored in when it comes to PSR calculations. Liverpool were the next best with an allowable loss of £156m, with Manchester City next on the list at £139m.

Speaking to University of Cambridge students at the Cambridge Union in March last year, Levy said: “Debt isn’t really a problem for anyone that understands finance, providing you can match long-term income streams with long-term debt. As long as it is financed properly it isn't a problem.

“It is effectively a 30-year mortgage at a very low interest rate. It’s not a problem at all. When you are building a club and building long-term value there are a number of ingredients. One is profitability; some clubs are valued at a lot of money that aren’t profitable, therefore revenue becomes important. Physical assets, success on the pitch; there is no one asset, you need them all to come together.”

The lack of on-pitch success and perceived lack of investment in the playing squad has been a major bone of contention of Spurs fans when it comes to assessing Levy’s time as chairman. Of the ‘Big Six’, Spurs have operated on the fringes, flirting with the odd spot of glory before being hamstrung by a lack of consistency on the playing side. The tide may be about to turn, though, and there is little that some of their rivals can do about it.

Spurs have been getting their ducks in a row for quite some time. The new stadium, the extra revenue deals with the likes of the NFL and the Formula One Experience, as well as a rigid pay structure and lack of willingness to engage in paying inflated prices in the transfer market, all form part of a plan that is likely to see the club head into the next 10 years with one of the healthiest outlooks in the Premier League.

It looks like Spuds are leading the race to the bottom for the PL, where they spend relatively little on players so are unable to sustain title challenges, but are now happy to drag the rest of the League down with them for the "Net spend on the cheap" trophy aka PSR.

Not being willing to spend, Spuds are happy for the chasing pack in the Premier League being unable to spend to level up the playing field & challenge them for the coveted fifth Champions League spot.

It used to be the Italian League, then the Spanish League, now it's the Premier League which dominates European football. Which league stands to gain because the PL are prepared to slay the goose that laid their golden egg, as long as it hammers Manchester City, & stops the likes of Newcastle, Villa & Everton from joining the top five CL qualification challenge?

News is breaking that Newcastle maybe forced to sell Almiron, Wilson & Trippier by the end of the season, & are facing an austere summer transfer window, so as to avoid PSR sanctions like Everton.

Other reports are saying even this may not be enough, which is casting doubts on Newcastle's most saleable assets in Botman, Guimarães & Isak.

Newcastle could be pecked to the bone by their rivals as they try to avoid Everton's fate, & with PSR in play, not even being the richest club in the world can help them.

The Red Top Mafia & Spuds have finally done it. They're killing the dreams of other football fans, that they could win the lottery & become the next Manchester City or Newcastle.

It's now evident that you can have the richest owner in the world, but you can barely spend a penny of those riches to compete, just because the Red Top Mafia & Spuds don't think it's fair on them to be challenged.

Unless something is done to end this madness, the PL will be fucked. How long will the other 16 PL teams stand by & watch the destruction of the most competitive & richest league in the world, just because it suits the founding four members? ¯⁠\⁠_⁠(⁠⊙⁠_⁠ʖ⁠⊙⁠)⁠_⁠/⁠¯

https://www.football.london/tottenh...iel-levy-masterplan-leaves-tottenham-28479054
Click to expand...
Good analysis, although I'd be a bit more pessimistic/optimistic (depending on your standpoint) and say that the PL have already gone beyond the point of no return and are dead men walking.
 
Prestwich_Blue said:
They are and they aren't. Everton knew what the rules were and carried on spending even when they knew they were going to be in trouble by doing so. As you say, entirely their own fault and no one should have any sympathy with them.

The problem is that applying a 10-point deduction mid-season is an issue, both in terms of the timing and severity. The commission made the rather ridiculous point that a financial penalty was inappropriate because they had a rich owner. That shouldn't count in applying an appropriate sanction.

They also said that a points deduction was appropriate because their excessive spending could have resulted in them accumulating extra points they might not otherwise have got if they'd restricted their spending within acceptable limits. You can see some logic behind that but then united have spent loads and under-performed whereas Brighton haven't spent loads and have over-performed. So spending more does not necessarily equate to accumulating more points.

The main problem with any system based on historical profit or loss is that it doesn't really give you a meaningful insight into a club's financial position. United needed investment because they were burning through cash. Without Ratcliffe's money, they might well have run out of cash by Easter. Hard questions should be asked about their liabilities, and how they're going to meet them. And the same applies to every other club.

The historic basis of PSR is also questionable. If club A reports a loss of £75m in year T-2, a £40m loss in year T-1, and a £20m profit in year T, while club B reported the other way round (£20m profit in year T-2, £40m loss in T-1 and a £75m loss in year T) they'll both pass PSR in theory. But which one would ring alarm bells?
Click to expand...

They carried on spending even when advise not to! Why? because they didn't believe it be a point deduction! If you told them back when they were told not to buy those two players or you fail ffp and will be deducted points they wouldn't have bought those players! Example is now this transfer window no one is spending because the threat of point deduction!

Another thing with ffp is they change so often clubs don't know where they stand and the rules for failing was not clear or they never outlined the punishment for over spending or breaking ffp..

It's a shitshow and it all needs to be suspended and rewritten!
 
Dribble said:
View attachment 104844View attachment 104845

Spurs rise above rivals​

The brand of football that is being delivered under Ange Postecoglou this season has undoubtedly quelled some of the anger that had been sent the way of Tottenham Hotspur chairman Daniel Levy in recent years. The fact that Spurs are one of the few clubs to be engaging in the market this month, with £26m spent on Genoa’s Radu Dragusin and a loan deal for RB Leipzig striker Timo Werner, which could turn into a £15m permanent deal if all works out as hoped, has hinted that the tide may be turning in Spurs’ favour.

Figures presented by football finance expert Swiss Ramble last year looked at the potential PSR position of each Premier League club, and just how much they could lose before being in breach of the regulations.

For some the margins were fine, but for Spurs, through a considered transfer strategy and the fact that much of the losses that the club has incurred can be attributed to the building of the £1bn new stadium, with such costs an allowable deduction when it comes to PSR, the picture was rather serene when compared to the rest of the League. Liverpool, a club that has a similarly cautious approach to spending and a strong balance sheet, also fared well.

Spurs emerged as the club with the best PSR position in the Premier League, with allowable losses of £276m, a figure aided by the fact that much of the losses attributed to the club can be linked to the building of the Tottenham Hotspur Stadium (THS), with stadium and infrastructure costs not factored in when it comes to PSR calculations. Liverpool were the next best with an allowable loss of £156m, with Manchester City next on the list at £139m.

Speaking to University of Cambridge students at the Cambridge Union in March last year, Levy said: “Debt isn’t really a problem for anyone that understands finance, providing you can match long-term income streams with long-term debt. As long as it is financed properly it isn't a problem.

“It is effectively a 30-year mortgage at a very low interest rate. It’s not a problem at all. When you are building a club and building long-term value there are a number of ingredients. One is profitability; some clubs are valued at a lot of money that aren’t profitable, therefore revenue becomes important. Physical assets, success on the pitch; there is no one asset, you need them all to come together.”

The lack of on-pitch success and perceived lack of investment in the playing squad has been a major bone of contention of Spurs fans when it comes to assessing Levy’s time as chairman. Of the ‘Big Six’, Spurs have operated on the fringes, flirting with the odd spot of glory before being hamstrung by a lack of consistency on the playing side. The tide may be about to turn, though, and there is little that some of their rivals can do about it.

Spurs have been getting their ducks in a row for quite some time. The new stadium, the extra revenue deals with the likes of the NFL and the Formula One Experience, as well as a rigid pay structure and lack of willingness to engage in paying inflated prices in the transfer market, all form part of a plan that is likely to see the club head into the next 10 years with one of the healthiest outlooks in the Premier League.

It looks like Spuds are leading the race to the bottom for the PL, where they spend relatively little on players so are unable to sustain title challenges, but are now happy to drag the rest of the League down with them for the "Net spend on the cheap" trophy aka PSR.

Not being willing to spend, Spuds are happy for the chasing pack in the Premier League being unable to spend to level up the playing field & challenge them for the coveted fifth Champions League spot.

It used to be the Italian League, then the Spanish League, now it's the Premier League which dominates European football. Which league stands to gain because the PL are prepared to slay the goose that laid their golden egg, as long as it hammers Manchester City, & stops the likes of Newcastle, Villa & Everton from joining the top five CL qualification challenge?

News is breaking that Newcastle maybe forced to sell Almiron, Wilson & Trippier by the end of the season, & are facing an austere summer transfer window, so as to avoid PSR sanctions like Everton.

Other reports are saying even this may not be enough, which is casting doubts on Newcastle's most saleable assets in Botman, Guimarães & Isak.

Newcastle could be pecked to the bone by their rivals as they try to avoid Everton's fate, & with PSR in play, not even being the richest club in the world can help them.

The Red Top Mafia & Spuds have finally done it. They're killing the dreams of other football fans, that they could win the lottery & become the next Manchester City or Newcastle.

It's now evident that you can have the richest owner in the world, but you can barely spend a penny of those riches to compete, just because the Red Top Mafia & Spuds don't think it's fair on them to be challenged.

Unless something is done to end this madness, the PL will be fucked. How long will the other 16 PL teams stand by & watch the destruction of the most competitive & richest league in the world, just because it suits the founding four members? ¯⁠\⁠_⁠(⁠⊙⁠_⁠ʖ⁠⊙⁠)⁠_⁠/⁠¯

https://www.football.london/tottenh...iel-levy-masterplan-leaves-tottenham-28479054
Click to expand...

Levy a fucking snake! Debt not a problem hey!
 
mac said:
What happens when we are found not guilty, do the redcfuckers break away.
How will the prem carry on with the main player (CIty) being found innocent but being dragged through the shit by the wankers of the Premier league who now needs us more than ever.
Click to expand...
With the growing realisation of what City have been saying for 16 years, it seems the rest of the PL are slowly beginning to wake up.

PSR just like FFP isn't about debt. It's just an evolution of the plan the G14 & Spuds put in place to ensure they could never be challenged.

I can see a day where the Red Top Mafia & Spuds fuck off to the ESL, but are replaced by the likes of West Ham, Newcastle, Villa & Everton at the top of English football alongside Manchester City.

If the PL's riches keep rolling in, it'll recover in time & continue to flourish to the point where the ESL is essentially 16 teams playing each other 4 times a season.

Fans will soon get bored shitless, & with increased association competition, neither UEFA or the ESL will want to stifle their leagues by strangling investment & innovation.

They'll want the biggest stars, attracting the biggest stadium & TV audiences.
 
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