The demise of Leicester City

Rubics

Bin VAR!
No - look at the list of players they’ve sold to stick to the financial targets, weakening the team to the point of relegation. This issue is bigger than rivalries, the none tourist clubs need to get together and get things changed. After 20 years enough is enough of financial doping at the expense of sporting merit.
 

andover red

Geoff Thomas
Here's a question. Can Leicester be accused as gaining a sporting advantage by the PL as they got relegated? Obviously it can be construed as such from an EFL perspective but by the PL it begs the question.
They could have been even more shite than they actually were?

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Quntib Hollox

Jack Armstrong
Leicester using the argument and playing the PL and EFL off against each other by saying they were in a different league during the last financial year so they don’t have jurisdiction. They’re trying their luck. Smacks of desperation but they could get away with it on a technicality.
 

Notcher

Stuart Pearce
Leicester using the argument and playing the PL and EFL off against each other by saying they were in a different league during the last financial year so they don’t have jurisdiction. They’re trying their luck. Smacks of desperation but they could get away with it on a technicality.
They're just kicking the can down the road for me. They're managing to claim some international waters territory for the moment but obviously they have to come out of this limbo paralysis shortly. I don't know what they're trying to achieve. There's other arguments to be had about the whole PSR situation, this one is ridiculous.

If I were the EFL then I wouldn't provide them with any officials for their games so they can't fulfill them and say that you don't recognise yourself as an EFL club so until you do neither do we. The PL should stop any further payments owed too under the same premise.
 

Redemption

Chief Eye Roller
The EFLs FFP cycle is ongoing.

Leicester were still required to submit audited accounts on March 1st just like every other EFL club.

By March 31st they will know if their position is in breach.
 

Statto

Free Kick Specialist
They're just kicking the can down the road for me. They're managing to claim some international waters territory for the moment but obviously they have to come out of this limbo paralysis shortly. I don't know what they're trying to achieve. There's other arguments to be had about the whole PSR situation, this one is ridiculous.

If I were the EFL then I wouldn't provide them with any officials for their games so they can't fulfill them and say that you don't recognise yourself as an EFL club so until you do neither do we. The PL should stop any further payments owed too under the same premise.
Something like that

At the end of the day there should be a clause that to be a member of the EFL/EPL the club needs to show commitment to abide by the rules (including making best endeavours to remain within FFP/PSR limits, respecting decision making processes, filing accurate information as and when required) and that clubs acting outside those limits would not remain as PL or FL clubs in other words conditional on their golden share.

Isn't this a bit like the reverse trick they pulled when going up last though and breaching FFP limits but then being in the PL the EFL couldn't apply sanctions? It really needs a consistent approach across both tiers because simply waiting until they get promoted or relegated again won't do.

There needs to be a reciprocal arrangement between the EFL and EPL where if a club breaches limits then moves between then the leagues (whether individually or jointly) have the power to act on the club as though they were still a member of the league where they breached. So if you breach and go up then the EPL can still punish for breaching the limits.

Ultimately the EFL and EPL could reasonably refuse Leics their golden share in the summer for not cooperating, if it comes to that.
 

Redemption

Chief Eye Roller
At the end of the day there should be a clause that to be a member of the EFL/EPL the club needs to show commitment to abide by the rules
The acceptance of the Golden Share accepts the conditions in the Mems and Articles of the league, which say all subscribers must respect the league rules.

That's exactly what the rules say, too.

But the rules also have to show what happens when a club breaches the rules.

Expulsion is a possible sanction, but that's reserved for bad misdemeanours.
 

Bonfy177

LTLF MORON

Quntib Hollox

Jack Armstrong
As others have said why has this charge come so much later in the season?
This should have been done much earlier in the season.
 

MaxiRobriguez

Bob McKinlay

Redemption

Chief Eye Roller
As others have said why has this charge come so much later in the season?
This should have been done much earlier in the season.
Because the EFL dates are set for this time.

UK law says signed-off accounts can be delivered to companies House no later than 9 months after the end of the companies financial year.

Most football clubs years run June to May, give or take a month. So, it's not v unreasonable to set March as the deadline.

However, the EPL this year agreed to December, which gives most clubs 6 months. I'd think that was the absolute minimum required.
 
The EFLs FFP cycle is ongoing.

Leicester were still required to submit audited accounts on March 1st just like every other EFL club.

By March 31st they will know if their position is in breach.
In actual fact, I agree it's ongoing but this particular Embargo is tied to the season 2023-24.

P&S Calculation along with as you rightly say the Audited Accounts went in 1st March. Regulation 2.10.1 refers to the 3 years including this one.

Indeed the CFRP is a very Fast Track System. That is presumably who the CFRU should now refer this to.

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"Ordinarily within 28 days of P&S Calculation".
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31st March seems to be about forecasting the Future numbers.
 

Erik

oopsy daisy!
LTLF Minion
Here's a question. Can Leicester be accused as gaining a sporting advantage by the PL as they got relegated? Obviously it can be construed as such from an EFL perspective but by the PL it begs the question.
Yes.

They didn't finish bottom so thereby gained a sporting advantage over teams below them who didn't break ffp rules.

They want to play silly buggers by saying the EFL can't do them because they were in the EPL and the EPL can't do them because they are in the EFL then we can all play silly buggers.
 

Strummer

Socialismo O Muerte!
LTLF Minion
Yes.

They didn't finish bottom so thereby gained a sporting advantage over teams below them who didn't break ffp rules.

They want to play silly buggers by saying the EFL can't do them because they were in the EPL and the EPL can't do them because they are in the EFL then we can all play silly buggers.
Good point that. Even down the dark end of the table, there is a financial difference in finishing 18th or 19th against 20th.
 
Leicester may have stuffed themselves a bit in terms of delaying punishment because I mentioned 'T' before...

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Apologies it may not all come out in order but one but EFL statement in early March, the reet keu bits from the case.

Leicester appear to concur with the EFL Rules that this year is T. EFL seemed to be trying to apply it to last year.

Problem there is that the Assessment is pursuant to T, T-1, T-2. ie the P&S Calcs this year and the last 2.
 

Bonfy177

LTLF MORON
Leicester may have stuffed themselves a bit in terms of delaying punishment because I mentioned 'T' before...

View attachment 36776View attachment 36777View attachment 36778View attachment 36779View attachment 36780View attachment 36781View attachment 36782View attachment 36783

Apologies it may not all come out in order but one but EFL statement in early March, the reet keu bits from the case.

Leicester appear to concur with the EFL Rules that this year is T. EFL seemed to be trying to apply it to last year.

Problem there is that the Assessment is pursuant to T, T-1, T-2. ie the P&S Calcs this year and the last 2.
IMG_2553.gif
 
Essentially I shouldn't post such big links but I'm unsure if there is an answer to the charge of their own 3 year P&S Submissions showing them over at time of Submission.

They argued that this not last year was the relevant year in fending off a Business Plan and now they've been Embargoed for self-submitted Figures that show them over.
 

Bonfy177

LTLF MORON
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