USABlue
Player Valuation: £70m
Yup, club was naive to do so. Should've brought lawyers in immediatelyWe admitted guilt as well.
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Yup, club was naive to do so. Should've brought lawyers in immediatelyWe admitted guilt as well.
They said they didn't agree with the PL formula
But ended up at the same number as under the PL formula.
Indeed. Serie A dropped offa cliff after calciopoli. The brand is tainted.
whether or how stadium costs could be included or excluded, our whether loans that we ultimately used for stadium costs could be used for cash flow aiding between securement of loans and spending in stadium
Yup, club was naive to do so. Should've brought lawyers in immediately
I think nobody complains about the administration deduction because a) It's only ever happened once and b)If you've gone into administration you're getting relegated anyway because you'll have to get rid of all your players!What the PL really need to do is basically drop all charges for everyone, and admit it's a complete mess, come up with the new rules including a defined punishment, and a comprehensive list of mitigating factors if you do go over. So everyone knows where they stand and the PL don't have to make BS upon the spot. I've never heard any club complain too much about the 9 point deduction for entering administration, that's because everyone knows what the punishment is well in advance.
We have had lawyers in from the off.
Would be perfect, but there will defo be clubs that sold players they’d rather have kept, or pulled out of buying players in order to comply. They would gang together and cause chaos within minutes if rules that made them damage their sporting and possibly financial performance were all a waste of time when they tried to do the right thing.What the PL really need to do is basically drop all charges for everyone, and admit it's a complete mess, come up with the new rules including a defined punishment, and a comprehensive list of mitigating factors if you do go over. So everyone knows where they stand and the PL don't have to make BS upon the spot. I've never heard any club complain too much about the 9 point deduction for entering administration, that's because everyone knows what the punishment is well in advance.
We admitted breaking P&S rules with mitigating factors.We admitted guilt as well.
Why a reduction any mitigation they accept immediately puts us under the 105^ I still think this.
Face saving, unfortunately.
What I said earlier was in my opinion none of the claims to their being mitigating circumstances are compelling had the PL not already agreed to allowing additional factors in their P&S calculations then the sum of £119.4 would have been greater.
As for reporting true financial position . I accept your point re Chelsea but it’s worth reading again what the IC say about the numbers submitted by Everton.
That’s what City thought and went to the High Court and the court was completely happy with the PL process
I think we need 2 mitigations to be accepted to get £19.5m back from the PL number of £124.5m loss.Why a reduction any mitigation they accept immediately puts us under the 105
Why a reduction any mitigation they accept immediately puts us under the 105