6 + 2 Point Deductions

[b-rad]

I agree.

Unfortunately, we could get double jeopardy here though.

I haven’t looked at the rules, but surely if we are punished for a three year violation, those years shouldn’t be used in any other calculations?

Profit in y1
Profit in y2
500m loss in y3
Profit in y4
Profit in y5

Would mean being punished 3 times?

 

[Goat]

Not a shot of that last night from the tv coverage.

It was shown and mentioned at 10 minutes on Amazon

Yes there was. 10th minute.

Dave doesnt watch the games.

IM SHOCKED.

 

[hallamblue]

I haven’t looked at the rules, but surely if we are punished for a three year violation, those years shouldn’t be used in any other calculations?

Profit in y1
Profit in y2
500m loss in y3
Profit in y4
Profit in y5

Would mean being punished 3 times?

Yes because the idea is that you shouldn't lose more than £30 million a year but this 3 year rule allows a bit of leeway.

 

[Milk]

I haven’t looked at the rules, but surely if we are punished for a three year violation, those years shouldn’t be used in any other calculations?

Profit in y1
Profit in y2
500m loss in y3
Profit in y4
Profit in y5

Would mean being punished 3 times?

PL rules seem to be a movable feast but as far as it goes, I think the rule that a club is “allowed” losses of £105m averaged over three years still stands.
If true, the accounts we submit (for there will still be a loss because of Stadium development etc) will be the average of 2021/22, 2022/23 and 2023 to end December
Seeing as 777 are pumping in £20m per month just to keep us afloat suggests that we could be very close to breaching the £105m threshold… and get another points deduction before the season ends

 

[davek]

Yes there was. 10th minute.

It was shown and mentioned at 10 minutes on Amazon

I was having a piss.

 

[hallamblue]

PL rules seem to be a movable feast but as far as it goes, I think the rule that a club is “allowed” losses of £105m averaged over three years still stands.
If true, the accounts we submit (for there will still be a loss because of Stadium development etc) will be the average of 2021/22, 2022/23 and 2023 to end December
Seeing as 777 are pumping in £20m per month just to keep us afloat suggests that we could be very close to breaching the £105m threshold… and get another points deduction before the season ends

I think that money is to keep the stadium build on track, so not sure if that counts in the £105 million.

 

[Nlondonblue]

I was having a piss.

You're taking the píss

 

[roydo]

PL rules seem to be a movable feast but as far as it goes, I think the rule that a club is “allowed” losses of £105m averaged over three years still stands.
If true, the accounts we submit (for there will still be a loss because of Stadium development etc) will be the average of 2021/22, 2022/23 and 2023 to end December
Seeing as 777 are pumping in £20m per month just to keep us afloat suggests that we could be very close to breaching the £105m threshold… and get another points deduction before the season ends

I dont buy that "keep us afloat" personally. It equates to £240m shortfall, after TV money etc etc. I reckon its more a drip feed from them that will get converted to equity if they take us over, or repaid if someone else does. Stadium related most likely.

 

[Milk]

I think that money is to keep the stadium build on track, so not sure if that counts in the £105 million.

Think you’re right re stadium and 777 but it will have to show in the accounts I would have thought. Bear in mind, as far as we know, the £19.5m overspend was supposedly interest on stadium loans.

 

[Goat]

I dont buy that "keep us afloat" personally. It equates to £240m shortfall, after TV money etc etc. I reckon its more a drip feed from them that will get converted to equity if they take us over, or repaid if someone else does. Stadium related most likely.

BUT, devil's advocate here, the Stadium still needs paying for, maybe that adds to the "shortfall"?

 

[Milk]

I dont buy that "keep us afloat" personally. It equates to £240m shortfall, after TV money etc etc. I reckon its more a drip feed from them that will get converted to equity if they take us over, or repaid if someone else does. Stadium related most likely.

All a bit mad as Times today reporting that 777 are borrowing the £20m every month off some insurance firm at 20% interest

Even now, 20% is a interest rates charged for very dodgy businesses

 

[davek]

There's absolutely no way they'd pile on more points deduction for this season.

It'll be at worst a points deduction suspended.

 

[roydo]

BUT, devil's advocate here, the Stadium still needs paying for, maybe that adds to the "shortfall"?

Its very much Tomato Tomato, granted. And, it is only my opinion. Dec 31st will give us a better idea. Or a horrible fright.

 

[MikeH72]

I see we’ve had a great win and are out of the relegation zone, so it’s time to piss the bed about our next points deduction.

 

[roydo]

There's absolutely no way they'd pile on more points deduction for this season.

It'll be at worst a points deduction suspended.

The new rule suggests you are wrong. Very.