I think you need to read the full context around this. Pretty sure this is unrelated to future breaches and is just about how they assessed the "allowed" 105m loss vs anything spent over that (in our case 19m ish)
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I think you need to read the full context around this. Pretty sure this is unrelated to future breaches and is just about how they assessed the "allowed" 105m loss vs anything spent over that (in our case 19m ish)
Do you think then that the £67.7 million figure in respect of player trading profit will be less, the same or greater in the 22/23 accounts?
Neiler
Here’s the relevant section re loans
From UEFA site.
Loan of a player from the lender club to the new club with an unconditional obligation to buy
a) The loan must be reflected by the lender club as a permanent transfer and the player’s registration rights must be derecognised from its intangible assets. The proceeds from the loan and from the future permanent transfer must be recognised from the inception of the loan agreement.
b) The direct costs of the loan and the future permanent transfer for the new club must be recognised by the new club in accordance with the accounting requirements for permanent acquisition of a player’s registration
Loan of a player from the lender club to the new club with a conditional obligation to buy
a) If a condition is considered to be virtually certain, then the player’s registration must be recognised by both clubs as a permanent transfer from the inception of the loan agreement.
b) If the fulfilment of a condition cannot be assessed with sufficient certainty to trigger the permanent transfer from the inception of the loan, then the player’s registration must be recognised first as a permanent transfer.
Admittedly it’s the UEFA but my understanding is that the PL rule mirrors this requirement
He forgot to mention his club came up took the 90M didn’t spend anything, went down took the parachute payment and spent nothing. Got promoted and received another 90M, spent nothing and are heading back into the Championship to receive another 40M.Here’s the Burnley take:
So, in brief:
Season 1: Spend more than the rules allow to stay up at the expense of Club X, who are playing by the rules.
Season 2: again spend more than the rules allow, this time to purchase players from the club X (such as Dwight McNeil), at reduced rate as their players wish to stay in the tope tier.
Season 3: Upon club X's return to the division, utilise your squad (bolstered by years of financial rule breaking) to beat them home and away, gaining the six points required to negate the punishment from all previous rule breaking.
I give you the English Premier League - Where cheats prosper.
That’s some professional grade nonsense.
If we really must make an utterly bizarre comparison to murder, it’d be a triple murder where we’ve already been sentenced for two of them.
Of course double jeopardy should apply.
This fella lee MC is a notorious attention seeking gimp I will never forget the whinging he did over Rodriguez leaving, bad bad melt.Know what does my head in more?
People posting doomsday scenarios every waking minute of the day.
They had no intention of listening to any of the financial mitigations. The way they were all rejected out of hand shows that. I still don't trust the process at all.But they dismissed the mitigations. We got points back due to errors in law and the severity of the initial punishment.
Any news on the points deduction?
Essentially, if you breach, you get punished, they basically said it in the report. So Forest will get punished. And it will be a minimum of 6 points. If at any point a club breaches and gets let off, mitigation allowed, I’d hope we chase the PL through the courts.They had no intention of listening to any of the financial mitigations. The way they were all rejected out of hand shows that. I still don't trust the process at all.
Usually by picking balls out of a hat. They’re just making them up as they go along.Essentially, if you breach, you get punished, they basically said it in the report. So Forest will get punished. And it will be a minimum of 6 points. If at any point a club breaches and gets let off, mitigation allowed, I’d hope we chase the PL through the courts.
But the question remaining is around how they manage a second breach.
Was McNeil a reduced price - thought we paid £20m for him!Whys this bell calling themselves Club X, then specifying McNeil as a player. Who's he trying to impress.
Also yeah, we've breached and been punished. We aren't disputing that. Its the level of the punishment. To say we have prospered shows they no nothing about what is going on at Club A... I mean Everton
This fella lee MC is a notorious attention seeking gimp I will never forget the whinging he did over Rodriguez leaving, bad bad melt.
Was McNeil a reduced price - thought we paid £20m for him!
I am trying to get my head around the extent of the 22/23 P & S loses . I think that you have been treated shabbily but I don’t see that ending come the end of this witch hunt.It's your understanding it would be the worst case scenario for us? Of course it is sunshine
The idea of a points deduction being necessary to achieve fairness is a good one.
There really isn’t enough in the public domain to work out just what will or won’t be shown in which year. On the face of it you are probably correct but until we see the accounts we won’t know the impact.The structure of the deals had caveats in it I believe mate, there were certain milestones based on Juves performence, CL qualification etc - that had to be satisfied before the deal could be permanent, it was never a direct obligation to buy from day one, it had clauses to meet.
There was murder on here last year when Juve got a point deduction as it called the deal into question.