Leicester City In HUGE Trouble.

Anyone with the lightest interest in PSR would do well to read this.....
https://theathletic.com/5205988/2024/01/17/psr-premier-league-105m/
YUP, the rules are "about to change".
And I can damned well see why.
But the question is....change to WHAT?

I quote just one paragraph.....
"“The Premier League, with the EFL, is considering moving away from the PSR to a squad cost ratio mechanism. This would replace PSR in the future. PSR will be around this season and next as a bare minimum and may even be kept alongside it. I don’t know. All those decisions are yet to be made.”



You bet any club punished under the existing rules may have a damned good legal case the moment the rules change.
Any of you football fans are lawyers?....Here's a career in the making for you all!

And for those who think WE are safe....
"In their representations to the Premier League, Everton accepted they had exceeded the PSR threshold but cited the cost of interest on loans taken out for the development of their new Bramley-Moore Dock stadium, COVID-19 costs, and the impact of lost sponsorship revenue when oligarch Alisher Usmanov — an ally of their then-owner Farhad Moshiri — was sanctioned following Russia's 2022 invasion of Ukraine."

YES, Everton had to take in the interest payments on loans for their stadium upgrade.

This PSR stuff is so damned complex...the league may have been stupid to get into it.
Now, Fair Play IS a thing that should be legislated. But HOW is the question?

comment by Spurtle (U1608)
posted 11 hours, 59 minutes ago
comment by PhilspursFGR (U3278)
posted 4 minutes ago
Spurs signed Everton's best player at the time, Richarlison. Shortly after, Everton docked points.

Spurs signed Forests best player at the time, Johnson. Shortly after, Forest docked points.

Spurs signed Leicester's best player at the time, Maddison. Shortly after, Leicester docked points.

Who else can we ruin?
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We should go all in for Gallagher now. Pay whatever it takes.
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comment by Bill Nick: pop star (U23088)
posted 33 minutes ago
comment by Spurtle (U1608)
posted 11 hours, 59 minutes ago
comment by PhilspursFGR (U3278)
posted 4 minutes ago
Spurs signed Everton's best player at the time, Richarlison. Shortly after, Everton docked points.

Spurs signed Forests best player at the time, Johnson. Shortly after, Forest docked points.

Spurs signed Leicester's best player at the time, Maddison. Shortly after, Leicester docked points.

Who else can we ruin?
----------------------------------------------------------------------
We should go all in for Gallagher now. Pay whatever it takes.
----------------------------------------------------------------------


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Whose is going to laugh last?
Them or Us? .....

Leicester City: Championship club start legal proceedings against Premier League and EFL over alleged spending breaches

As I predicted above, based upon my limited understanding of PCR...here it is guys...the lawyers will always win...they make the money out of these legal wranglings...

https://www.bbc.com/sport/football/68635985

…..and still $purs are miles away from winning the PL .

Bigger clubs with the most money win most things. It was ever thus.

These rules do not prevent clubs joining the top table , they just mean that it has to be done in a sustainable way.

The rules allow some losses and investment in infrastructure to grow revenues, but this takes time and good decision making.

They just prevent you from spending £1bn on players, having massive unaffordable wage bills in the hope that you succeed and in the end, you become financially viable.

Look at Everton. Even without their FFP issues they spent +£0.5bn and got worse to the point that they're nearly relegated and are still looking for new investors. If they had gone down, God knows what mess theyd be in now.

City are the extreme example BUT they are very well structured and run. In a ruleless world not all clubs would be so well run as that, there'd be plenty of Everton type owners making a mess of things.

The rules are for the food of all because for every club that might benefit from massive spending and become a powerhouse, there would be clubs going the other and potentially into oblivion.

comment by Devonshirespur (U6316)
posted 3 hours, 39 minutes ago
Bigger clubs with the most money win most things. It was ever thus.

These rules do not prevent clubs joining the top table , they just mean that it has to be done in a sustainable way.

The rules allow some losses and investment in infrastructure to grow revenues, but this takes time and good decision making.

They just prevent you from spending £1bn on players, having massive unaffordable wage bills in the hope that you succeed and in the end, you become financially viable.

Look at Everton. Even without their FFP issues they spent +£0.5bn and got worse to the point that they're nearly relegated and are still looking for new investors. If they had gone down, God knows what mess theyd be in now.

City are the extreme example BUT they are very well structured and run. In a ruleless world not all clubs would be so well run as that, there'd be plenty of Everton type owners making a mess of things.

The rules are for the food of all because for every club that might benefit from massive spending and become a powerhouse, there would be clubs going the other and potentially into oblivion.
----------------------------------------------------------------------
We are indeed well run, a 50% cut of the largest indoor music venue all year round, not limited to off season and the occasional gap. A 400 room hotel, 3k fan zone and attendance up to 61k all being built right now, the future looks rosey for us.

It only works for infrastructure properly if you are in a major city, the others have got no chance, favouritism again.

Chelsea will be next, they need to sell around £200m worth of home grown players to escape and there are bound to be other sanctions also