PL charge City for alleged breaches of financial rules

NZBlue said:
Why is this being buried at the bottom of the BBC football page?
www.bbc.com

Premier League: EFL funding deal could be 'imposed' on clubs

Culture Secretary Lucy Frazer warns Premier League clubs that if if they fail to reach a funding deal with the EFL, it will be imposed on them.
www.bbc.com

Frazer repeated on a number of occasions that the new regulator, who she insisted will be appointed 'in this Parliamentary session' was chiefly tasked with ensuring financial stability across the game rather than becoming involved in disputes

Frazer said the regulator will have 'limited powers', which would not involve having a view on whether nation states are the right bodies to own Premier League clubs.

"All the regulator is doing is looking at financial stability," she said. "That is appropriate. Foreign investment is part of the economy and makes the game competitive.

"The Premier League is a massive cultural export. We don't want to do anything to damage that. Whether a foreign state should own the club is not in this bill. We want people who run clubs to run them well."


No wonder Masters is fighting against this tooth and nail
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Its getting interesting now, and these whole charges that have been thrown at ourselves, everton and forest have to started to get the lid lifted on the whole saga

No wonder masters (who i believe was shoe horned into the job because he had no problem in allowing the red top clubs still attain control over the league decision making) is trying to fight it - on behalf of you know who (owners)

If the new regulator comes in and those words of Frazer hold true, its game over for the yanks who categorically do not want to invest in clubs for long term success...they want quick ROI to line their own pockets and milk the league for capital/revenue

The regulator stance would mean the likes of newcastle, everton and many other clubs (with wealthy owners) can start to invest at a rate that would allow growth and on-field success - just how it should be

The red top yank owners are shitting their pants and clinging on.

We need more vocal chairmen to start opposing the current illegal and corrupt rules that stop legitimate owner investment into their clubs
 
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Looking at the comments of the Crystal Palace co owner it’s a sad indictment of the British MSM that apart from Martin Samuel no other journalist has called out the cartels attempts to stifle competition.

City yesterday, Newcastle and Forest today, Villa tomorrow?. Not a word of protest.

But that would take bravery as you would have to face the mob rather than running with them. Far easier to play to the gallery in an attempt to make money from the histree teams in red.
 
Revolver said:
Looking at the comments of the Crystal Palace co owner it’s a sad indictment of the British MSM that apart from Martin Samuel no other journalist has called out the cartels attempts to stifle competition.

City yesterday, Newcastle and Forest today, Villa tomorrow?. Not a word of protest.

But that would take bravery as you would have to face the mob rather than running with them. Far easier to play to the gallery in an attempt to make money from the histree teams in red.
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I think they just want to please their employers, who are the same US hedge funds that own the majority of PL clubs.
Also, the currency of success in journalism these days is clicks and anything anti City gets lots of those from the red shirt hordes - fed on the myth created by the cartel that their failure and our success is the result of dirty deeds.
 
cheekybids said:
Did Palace vote for it?

It’s amazing they always use a City player as the example.
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I don't think Palace were in the Premier League when PL clubs voted in 2013 on whether or not to introduce FFP.

I'm not too miffed about the Haaland reference - he's arguably the highest profile player in the league so he's probably the one name that would get picked out above all others - and I don't see his overall point being a dig at City. He's just echoing what so many of us have been saying for years.

Interesting that he's American though - his views in that article aren't compatible with many other American owners.
 
M18CTID said:
I don't think Palace were in the Premier League when PL clubs voted in 2013 on whether or not to introduce FFP.

I'm not too miffed about the Haaland reference - he's arguably the highest profile player in the league so he's probably the one name that would get picked out above all others - and I don't see his overall point being a dig at City. He's just echoing what so many of us have been saying for years.

Interesting that he's American though - his views in that article aren't compatible with many other American owners.
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I wonder what City’s hierarchy would do on a vote on FFP rules and whether to get rid. I’d be thinking they’d want them keeping in place, if you give clubs free rein on spending it unchains Newcastle who will be able to out spend everyone. I’ve no sympathy for any of these teams crying about it now, as a fan base we’ve been saying this for well over a decade but it fell on deaf ears.
 
M18CTID said:
I don't think Palace were in the Premier League when PL clubs voted in 2013 on whether or not to introduce FFP.

I'm not too miffed about the Haaland reference - he's arguably the highest profile player in the league so he's probably the one name that would get picked out above all others - and I don't see his overall point being a dig at City. He's just echoing what so many of us have been saying for years.

Interesting that he's American though - his views in that article aren't compatible with many other American owners.
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It seems the American owners are not a bloc after all - he's invested in a “small” club and now wants to compete through further investment. Ownership at United, Liverpool and Arsenal are all about return on investment, restricting competition and defending their privileged positions as “big clubs”. Hopefully more “small” clubs are seeing this and will speak out. You do sense the tide is turning.
 
Rory Bluelow said:
It seems the American owners are not a bloc after all - he's invested in a “small” club and now wants to compete through further investment. Ownership at United, Liverpool and Arsenal are all about return on investment, restricting competition and defending their privileged positions as “big clubs”. Hopefully more “small” clubs are seeing this and will speak out. You do sense the tide is turning.
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Yep, I've always thought it was a lazy stereotype that all American owners were the same. This bloke at Palace and McElhenney and Reynolds (granted Reynolds is Canadian!) at Wrexham are in favour of investing money in order to grow their clubs. I'd also put Randy Lerner in that category when he first took over Villa.
 
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