6 + 2 Point Deductions

edge said:
No noise about Chelsea?
They have already admitted quilt and payed 20 million to fifa .
Premier league know it , know there quilty and have done what?
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There are many frustrations with this whole farce but this is one of the biggest. Chelsea’s new owners have admitted finding dodgy payments and emails covering up financial misdemeanours, and they’ve blown £1bn in 3 windows, yet no sign of a hearing taking place. Totally inept.
City’s 115 charges just get an occasional mention, with murmurings of a hearing ‘in the next 12 months.’ It’s just corrupt.
 
blue to the bone said:

Nottingham Forest appoint top lawyer to fight Premier League spending breach risk​

Exclusive: Sale of Brennan Johnson to Spurs may prove crucial in Forest avoiding charge similar to Everton who received 10-point deduction

John Percy2 January 2024 • 5:44pm


Nottingham Forest have enlisted leading sports lawyer Nick De Marco as they attempt to avoid any Premier League charge for breaching financial regulations.

Forest will discover later this month if they are to become the third top-flight club charged with breaking the Profitability and Sustainability Rules [PSR], following Everton’s 10-point deduction last year and Manchester City’s alleged breach.

After signing 43 players since winning the Championship play-off final in May 2022, Forest are sailing close to the wind though sources insist they are confident of avoiding sanctions.

De Marco, a KC with Blackstone Chambers, has been appointed to argue their case and has established an impressive record dealing with football, and especially Financial Fair Play.

Clubs are permitted to make financial losses of £105 million over a three-year period, with Forest reporting an annual loss of £45.6 million in their last accounts.

In the previous year, ending June 2021, they recorded a loss of £34.4 million, reduced to a loss before tax of £15.5 million.
Evangelos Marinakis, the owner, has invested more than £250 million on transfer fees in a bid to make Forest an emerging force in English football. Their wage bill will also be significant.

Last month the Greek billionaire made a further financial commitment to the club with the conversion of £11 million worth of loans into shares for the financial year 2022-23.

Forest submitted their accounts ending June 30, 2023, last week with the crux of their argument is understood to centre around the sale of Brennan Johnson to Tottenham.

Johnson was sold for £47.5 million on deadline day – a record sale for the club – and Forest will insist that they would have received a far lower fee if they had accepted an offer earlier in the summer.

Brentford failed with two offers of £30 million and £35 million for the Wales international in June and July respectively.


De Marco will put forward Forest’s defence as they aim to avoid becoming the latest club to be charged with breaking PSR.
Everton were handed the biggest punishment in Premier League history by an independent commission in December.
They have appealed against the decision to dock them 10 points, which will be heard and concluded before the end of the season.
Telegraph Sport understands that at least two other Premier League clubs are also in potential trouble under the new rules.
Manchester City were charged in February with more than 100 alleged breaches and that case remains ongoing.
New Premier League rules added to the handbook at the AGM last year mean that clubs now submit their accounts earlier in the season, on December 31 rather than March 31.

It was introduced so that any PSR breaches could be dealt with, charged and punished within the scope of the same season. All clubs submitted their PSR compliances last week and the Premier League is now considering those.
When contacted by Telegraph Sport, a Nottingham Forest spokesperson said: “The club has fully complied with its reporting obligations in respect of the Premier League’s revised profit and sustainability rules.
“Promotion to the Premier League will always create challenges, and the treatment of promotion bonuses is just one such example.
“The club approaches all such challenges with its long-term financial sustainability firmly in mind, as the Premier League rules intended.”
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So they have breached psr rule but hoping to include the sale of johnson which should help them to stay within the limit. Problem is that the player was sold in August 2023...so that should be for this accounting year, not for the 22 23 season. I guess this is why we had to sell richarlison on the cheap to spurs before the end of June. Interesting case...if premier league wants all clubs to follow their rules, then it will be 10 points for forest at least (could be more depending on how much they are over the limit)
 

JLW said:
I would say that’s a good thing, the sooner it’s no longer the PL and run properly the better.

It’s a farce at the minute and “their rules” that are there to “protect clubs” are dishing out points deduction that will for most clubs relegate them.
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Yet here we all are worried sick about falling out of this so called amazing league.

The PL is just WWE now and the top 6 are your mega stars. Couldnt care less if they give us another deduction and sent us down I'll certainly enjoy the football in a proper league than this sham of a competition.

Hopefully the masses wake up in the coming seasons when their own clubs are either given points deductions for trying to be ambitious and compete or they get fed up of treading water in midtable despite having billionaire owners because they can't spend whilst Chelsea and Utd continue to blow billions on rubbish without any consequences.
 
Bebeto said:
So they have breached psr rule but hoping to include the sale of johnson which should help them to stay within the limit. Problem is that the player was sold in August 2023...so that should be for this accounting year, not for the 22 23 season. I guess this is why we had to sell richarlison on the cheap to spurs before the end of June. Interesting case...if premier league wants all clubs to follow their rules, then it will be 10 points for forest at least (could be more depending on how much they are over the limit)
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So basically their argument is that accounting periods don't matter.
 
kenada_blue said:
Chelsea will blow £60+mill in this window I bet.

They'll sell a lot too
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They have to sell...no choice really to stay within ffp/psr limit. Their revenue this year should on paper continue to decrease substantially as no europe...they're going to be very quickly in a situation where there is nothing left to sell (home grown) other than the over hype crap they ended up buying for which they will be lucky to get half of the money paid.
 

ForeverBlue92 said:
Yet here we all are worried sick about falling out of this so called amazing league.

The PL is just WWE now and the top 6 are your mega stars. Couldnt care less if they give us another deduction and sent us down I'll certainly enjoy the football in a proper league than this sham of a competition.

Hopefully the masses wake up in the coming seasons when their own clubs are either given points deductions for trying to be ambitious and compete or they get fed up of treading water in midtable despite having billionaire owners because they can't spend whilst Chelsea and Utd continue to blow billions on rubbish without any consequences.
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it’s not the WWE ffs

it’s footy and anyone who would rather be in the championship it’s a bad goon
 

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