perth_blue
Player Valuation: £15m
Jim Whites new gig lol
We've just received word that paperwork was faxed to the Premier League 2 minutes before the deadline SLAMMED shut.
Jim Whites new gig lol
You ok Matty?
Everton Thatno lol
Newcastle:
"Although the club’s latest accounts revealed a loss of £155m over the past three seasons – ostensibly in excess of the £105m PSR limit – it is understood that money invested in the women’s team, charity foundation and academy can be removed from the deficit, leaving Newcastle on the right side of the law."
How is that different from us with the stadium?
YellowP&S deadline day is going to be more entertaining than transfer deadline day.
Thought it would be today myself.Do we hear if the club has passed this seasons ffp on monday then. Just dont want to get to this point again
RE-GALVANISE.Thought it would be today myself.
Thought they might like it to marinate over the weekend.
Newcastle:
"Although the club’s latest accounts revealed a loss of £155m over the past three seasons – ostensibly in excess of the £105m PSR limit – it is understood that money invested in the women’s team, charity foundation and academy can be removed from the deficit, leaving Newcastle on the right side of the law."
How is that different from us with the stadium?
Whilst this is true, Newcastle might find out that what they think and what the Premier League think are hugely different.1. Those are the rules, we excluded those costs as well.
2. Stadium costs were excluded. The interest was not because it was not specifically allocated to the stadium.
My understanding is that legal precedent from the EU continues to have relevance in UEFA governed competitions like the Premier League.
I think the PL’s document that details Everton’s punishment makes reference to precedent from within European football, and I think the recent ESL judgement is applicable to UK clubs?
What about the Premier League?
Even if a revised European Super League does get the green light, it appears as if Premier League clubs will still be unable to join. The UK is no longer bound by EU law since Brexit and the UK government’s Department of Culture, Media & Sport released a statement that indicated a bill about to pass into law, which sets up a new independent football regulator, would stop English clubs signing up for a breakaway competition.
“The attempt to create a breakaway competition was a defining moment in English football and was universally condemned by fans, clubs and the Government,” said a DCMS spokesperson.
“We took decisive action at the time by triggering the fan-led review of football governance, which called for the creation of a new independent regulator for English football. We will shortly be bringing forward legislation that makes this a reality, and will stop clubs from joining any similar breakaway competitions in the future.”
Jade-Alexandra Fearns, partner at Paul Hastings:
“Today’s verdict from the ECJ is a watershed moment for the future of inter-club football projects. The ruling essentially finds that FIFA and UEFA have abused their dominant position by blocking the creation of the European Super League and sanctioning the clubs involved, completely contrary to EU competition law.
“Today’s ruling clearly states that this is unlawful, and will beg further questions in the future as the all encompassing roles of FIFA and UEFA. They play all major roles – governing body, regulator, commercial operator as well as having sanctioning powers for any breaches, and it has allowed them to act as judge, jury and executioner.
“The verdict also finds that UEFA and FIFA rules relating to the exploitation of media rights are such as to be harmful by European clubs, companies operating in media markets, and TV viewers, by preventing them from enjoying new and innovative competitors.
“Ultimately, it’s a huge day for those behind the Super League, and paves the way for those who may want to set up competing tournaments in the future. However, it’s important to keep in mind that this judgment does not necessarily equal smooth sailing for the Super League, as many individual Premier League and national clubs have had their charters amended since 2021 to prohibit involvement in such competitions.
“Following Brexit, the UK is also not obliged to follow the ruling, and could still feasibly prevent Premier League clubs from joining the Super League.”