Premier league finally decide punishments tomorrow

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Longsidejono
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Premier league finally decide punishments tomorrow

Post by Longsidejono » Mon Jan 13, 2025 9:48 pm

Could we potentially get a smack on the wrist for our accounts being late or maybe a deduction if we do go up?

Will city get away with it?

‘Premier league clubs finally set their PSR disciplinary tomorrow

Clubs who had recorded losses for the first two seasons of the latest three-season cycle were required to submit their accounts for the year ending June 2024 to the Premier League by December 31; any club served with a complaint by the Premier League on Tuesday has 14 days to respond


Kaveh Solhekol
Sky Sports News Chief Reporter
Monday 13 January 2025 19:22, UK

The Premier League will issue disciplinary charges on Tuesday (14th Jan) against any clubs who have broken their financial rules for the 2021-2024 reporting period.

Clubs who had recorded losses for the first two seasons of the latest three-season cycle were required to submit their accounts for the year ending June 2024 to the Premier League by December 31 2024.

The latest rolling period covers seasons 2021/22, 2022/23 and 2023/24.’

NorthIsCool
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Re: Premier league finally decide punishments tomorrow

Post by NorthIsCool » Mon Jan 13, 2025 10:09 pm

Longsidejono wrote:
Mon Jan 13, 2025 9:48 pm
Could we potentially get a smack on the wrist for our accounts being late or maybe a deduction if we do go up?

Will city get away with it?

‘Premier league clubs finally set their PSR disciplinary tomorrow

Clubs who had recorded losses for the first two seasons of the latest three-season cycle were required to submit their accounts for the year ending June 2024 to the Premier League by December 31; any club served with a complaint by the Premier League on Tuesday has 14 days to respond


Kaveh Solhekol
Sky Sports News Chief Reporter
Monday 13 January 2025 19:22, UK

The Premier League will issue disciplinary charges on Tuesday (14th Jan) against any clubs who have broken their financial rules for the 2021-2024 reporting period.

Clubs who had recorded losses for the first two seasons of the latest three-season cycle were required to submit their accounts for the year ending June 2024 to the Premier League by December 31 2024.

The latest rolling period covers seasons 2021/22, 2022/23 and 2023/24.’

2021/22 - Premier league
2022/23 - Championsip
2023/24 - Premier league

In that cycle we have not been a member of the Premier league for the 1st 2 seasons.

dsr
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Re: Premier league finally decide punishments tomorrow

Post by dsr » Tue Jan 14, 2025 12:54 am

We probably haven't made losses anyway, have we? We can't afford much in the way of losses - losses are made by spending money you haven't earned, whether via owners' cash input or by loans. We're already mortgaged to a high level and the owners take out, not put in; so we have no scope for losses.

dougcollins
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Re: Premier league finally decide punishments tomorrow

Post by dougcollins » Tue Jan 14, 2025 9:13 am

dsr wrote:
Tue Jan 14, 2025 12:54 am
We probably haven't made losses anyway, have we? We can't afford much in the way of losses - losses are made by spending money you haven't earned, whether via owners' cash input or by loans. We're already mortgaged to a high level and the owners take out, not put in; so we have no scope for losses.
Weren't we in trouble for a late submission, not losses as such?

123EasyasBFC
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Re: Premier league finally decide punishments tomorrow

Post by 123EasyasBFC » Tue Jan 14, 2025 9:24 am

dougcollins wrote:
Tue Jan 14, 2025 9:13 am
Weren't we in trouble for a late submission, not losses as such?
We already got placed under the transfer embargo for late submission of accounts in 2023, so surely we wouldn’t be charged for the same thing 2 years later

claretonthecoast1882
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Re: Premier league finally decide punishments tomorrow

Post by claretonthecoast1882 » Tue Jan 14, 2025 10:13 am

No charges for Leicester from the Premier league

Funkydrummer
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Re: Premier league finally decide punishments tomorrow

Post by Funkydrummer » Tue Jan 14, 2025 10:27 am

Toothless cr@p.

claretburns
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Re: Premier league finally decide punishments tomorrow

Post by claretburns » Tue Jan 14, 2025 12:08 pm

Leicester, Newcastle, Everton and Aston Villa the clubs closest to breaking PSR rules.

Leicester not out of the woods yet as they'll be facing charges from EFL if they're relegated.

Woodleyclaret
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Re: Premier league finally decide punishments tomorrow

Post by Woodleyclaret » Tue Jan 14, 2025 1:04 pm

Total joke spend what you like no problem

Foshiznik
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Re: Premier league finally decide punishments tomorrow

Post by Foshiznik » Tue Jan 14, 2025 1:41 pm

If Chelsea can spend half a billion quid in one season and still not be breaching PSR then the regulations are broken.
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Claretincraven
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Re: Premier league finally decide punishments tomorrow

Post by Claretincraven » Tue Jan 14, 2025 2:12 pm

Foshiznik wrote:
Tue Jan 14, 2025 1:41 pm
If Chelsea can spend half a billion quid in one season and still not be breaching PSR then the regulations are broken.
This.

beddie
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Re: Premier league finally decide punishments tomorrow

Post by beddie » Tue Jan 14, 2025 4:12 pm

Foshiznik wrote:
Tue Jan 14, 2025 1:41 pm
If Chelsea can spend half a billion quid in one season and still not be breaching PSR then the regulations are broken.
But a great get out don’t you think.

“ Chelsea, who spent £747m in the 2022-23 season alone, sold their women's team to the club's parent company on June 28 2024 - two days before the end of their financial year - in order to boost their finances.
The Blues' sale of two hotels next to Stamford Bridge to a sister company for a fee of £76.5m was cleared by the Premier League in September.”.

Vegas Claret
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Re: Premier league finally decide punishments tomorrow

Post by Vegas Claret » Tue Jan 14, 2025 4:16 pm

Foshiznik wrote:
Tue Jan 14, 2025 1:41 pm
If Chelsea can spend half a billion quid in one season and still not be breaching PSR then the regulations are broken.
Chelsea have sold their women's team to themselves for somewhere between 100-150 million to get around it. They are losing 200 million a year.

It stinks

Leicester find every loophole they can but that's on the Premier League to sort their **** out but they are seemingly run by idiots.

At this point Newcastle should spend 2 billion on players, sell Jason Tindall to themselves for 700 million and take a 10 point deduction after they are 30 points clear
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dougcollins
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Re: Premier league finally decide punishments tomorrow

Post by dougcollins » Tue Jan 14, 2025 5:53 pm

Vegas Claret wrote:
Tue Jan 14, 2025 4:16 pm
Chelsea have sold their women's team to themselves for somewhere between 100-150 million to get around it. They are losing 200 million a year.

It stinks

Leicester find every loophole they can but that's on the Premier League to sort their **** out but they are seemingly run by idiots.

At this point Newcastle should spend 2 billion on players, sell Jason Tindall to themselves for 700 million and take a 10 point deduction after they are 30 points clear
I was with you right up to the £700M for Jason Tindall!
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claretburns
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Re: Premier league finally decide punishments tomorrow

Post by claretburns » Tue Jan 14, 2025 6:18 pm

Rules are that pathetic all clubs should just spend what they went and all get 10 points deducted each.

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