A lot of their losses are for the stadium so they don’t count towards PSR.
The interests do
A lot of their losses are for the stadium so they don’t count towards PSR.
Do any of the PL financial and legal experts on this thread believe that City could reasonably request that the PL look into other clubs dubious financial dealings, the same way that City's have been intrinsically scrutinised? Or is that not possible. If that is the case why not? As a member of the PL could City not request this?
I have read reports that Liverpool 'hid' lost revenue in stadium development costs that wasn't properly accounted for just to pass FFP and that Spurs did dodgy transfer deals under rednapp that weren't disclosed in their books.
Yip the new stadium gets them off failing PSR apparently,with money taken into account for that ,unless I have read it wrong on the bbc article,fantastic rules they’ve got the premier league..Spurs have just put out their annual revenue and another loss was made for the 4th time in a row, Does the Premier League FFP rules apply in London
The going rate? I don't think so. We work with multi million pound developers and I know 'plans' don't cost that much. Unless it's a government scheme obviously.I don’t know who told you that mate but Liverpool paid £50m for plans to be drawn up for a new stadium.
That’s seems the going rate to me so I doubt they can be touched.
Eight clubs decided they didn't like the competition. We should do the same. Definitely some creative accounting going on with LFCs mystery stadium.I don't know but I wouldn't think there was a mechanism for a club to request another is investigated, or accuse another etc.
Our one came about because of the der speigel articles claiming all sorts, and uefa opening an investigation. Which the PL then decided they needed to follow suit.
The Chelsea one came supposedly as a result of self reporting.
Other than that, there would need to be something with some sort of substance in the public domain to make them investigate.
Although 8 clubs did feel they had the right to write a letter to Uefa when our case was in the headlines, so who knows.
If stadium costs were included in PSR, no club could afford a new stadium.Yip the new stadium gets them off failing PSR apparently,with money taken into account for that ,unless I have read it wrong on the bbc article,fantastic rules they’ll got the premier league..
Depreciation is over £70m a year, largely because of the stadium. So they're in no danger of failing FFP, despite their losses.Yip the new stadium gets them off failing PSR apparently,with money taken into account for that ,unless I have read it wrong on the bbc article,fantastic rules they’ll got the premier league..
It would.also appear that if other clubs can put pressure on the PL to investigate that sets a precedent and City can ask for the PL to check LFS accounts and see where the missing £50m was spent when there is nothing to show for it. That's a fair few big invoices that LFC paid.Eight clubs decided they didn't like the competition. We should do the same. Definitely some creative accounting going on with LFCs mystery stadium.
And did you ever see the architects plans for Anfield circulating at that time ? Looked like they had been drawn up by a 10 year old on a Commodore 64 - embarrassing 80’s graphics.The going rate? I don't think so. We work with multi million pound developers and I know 'plans' don't cost that much. Unless it's a government scheme obviously.
The PL is a private company in which all clubs own an equal share. The PL Rules form a contract between the clubs who agree to obey the rules. Also every club has signed the Owners charter which commits them to treat each other fairly.Do any of the PL financial and legal experts on this thread believe that City could reasonably request that the PL look into other clubs dubious financial dealings, the same way that City's have been intrinsically scrutinised? Or is that not possible. If that is the case why not? As a member of the PL could City not request this?
I have read reports that Liverpool 'hid' lost revenue in stadium development costs that wasn't properly accounted for just to pass FFP and that Spurs did dodgy transfer deals under rednapp that weren't disclosed in their books.