PL charge City for alleged breaches of financial rules

[ganganvince]

Haven't bought anything in years from them, so overrated and overpriced!

Don't eat cheese so that's a no from me.

 

[JewelZee]

Haven't Forest failed the PSR by £35.0m? A figure that they could have received by accepting an offer for Brennan Johnson within the accounting period on which they have been assessed.

However by doing what was best for their club and holding out to eventually get £47.5m, therefore making more profit which presumably would mean they are in a better financial position to ensure their sustainability, they have failed the PSR rules.

And so are now deducted points which could impact on future revenues and make them less sustainable. How can the PSR be fit for purpose if they are penalising clubs for making decisions which are made in the best long term interest of the clubs?

Because it's NOT fit for purpose. It's a mind boggling bad idea. An abomination in terms of fair and reasonable business practices...

 

[mancboy]

Because it's NOT fit for purpose. It's a mind boggling bad idea

It was set up to allow the red tops and spurs to cherry pick the best players from other clubs to stop them from challenging in a pathetic attempt to preserve the percieved status quo, an independent regulator cannot come soon enough

 

[pauls]

The pl is in a real mess letting the red tops +1 run the pl

Whilst I remain confident of our position, this statement is mild compared to what we would reveal should the worst happen. Hope Forest sue the fuckers should relegation prevail and their statement should be treated with the respect it deserves. Football is about competition not for Manchester United,Liverpool, Arsenal and Tottenhams of this world.

 

[Gazza]

Haven't Forest failed the PSR by £35.0m? A figure that they could have received by accepting an offer for Brennan Johnson within the accounting period on which they have been assessed.

However by doing what was best for their club and holding out to eventually get £47.5m, therefore making more profit which presumably would mean they are in a better financial position to ensure their sustainability, they have failed the PSR rules.

And so are now deducted points which could impact on future revenues and make them less sustainable. How can the PSR be fit for purpose if they are penalising clubs for making decisions which are made in the best long term interest of the clubs?

Do you get the impression that it was Parry & Gill that drew the PSR rules up on a fag packet in a pub tap room after a late night lock-in?

 

[Mancini’s Pastilles]

From what I know about this and from what that bellend on sky is on about it sounds like its either gonna be city guilty and we get completely destroyed as a club or not guilty and we take down the league

 

[COAT_OF_ARMS]

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This is what we've been saying from day one about FFP, PSR or whatever they want to call their financial rules.

If you are charitable enough to assume good faith, it is completely flawed in it's economic assumptions. If it is allowed to remain in it's current form, it will kill our national game up and down the pyramid. Eventually even the redshirt clubs have got to realise this?

The last few transfer windows all levels of clubs have been negatively affected by these rules. It started earlier with the smaller clubs, and they will always be hit the hardest, because they can never be allowed to make the investments that drive growth, sustainability, and profitability. The market is starting to stagnate, clubs just let their squad tick over because they are hemmed in, they've physically got the finances to make sensible moves but they're held back from doing it. Every single club up and down the country is weaker because of FFP. It has the opposite effect of it's supposed intent. It forces clubs to mismanage their squads AND their finances, in order to fit into these arbitrary regulations.

It's basically the footballing world's version of austerity, it has the same effect on the footballing economy as austerity does on the national economy, and it comes from the same flawed line of thinking (again charitable to both philosophies to assume they are in good faith without ulterior motives).

Well done to Notts Forest for speaking in the way that they have in their club statement, both stern and precise in their reasoning and condemnation of the EPL. I would advise clubs like Forest especially, like Everton especially, and others who have had their businesses affected, to fight the league on the legal stage, not merely in the wishy-washy sports courts but in the actual court system of this country, pursue the anti-competition angle and get as much compensation out of them as you can, because there are numorous legitimate cases to be made that it is unlawful.

 

[bobbyowenquiff]

A good point by Forest that a club gets a nine point deduction for going bust. It just confirms that the PL hierarchy is not concerned with debt and is totally incompetent.

 

[bobbyowenquiff]

Absolutely correct and clearly demonstrates that the PL are incapable of dealing with such issues due to their determination to preserve the total inequality and bias shown to the favoured clubs.

It shows that Masters and his cronies have no intention of acting in good faith. That's why City are not looking for any compromise. Like UEFA the PL leadership can't be trusted. There is no point engaging with them.

 

[abu13]

I got talking withe a group of Newcastle fans at weekend, it's clear to see how their opinion has changed since their takeover. They now suddenly understand why we were so against the way FFP was constructed