Generic clubs in financial crisis Thread

[One87One]

Macclesfield Town have been charged by the EFL on three counts:

- Late payment of March wages
- Failing to act with utmost good faith in respect of EFL matters
- Breaching order, requirement, direction or instruction of the League

Independent panel to take next steps.

[Sutekh]

Macclesfield Town have been charged by the EFL on three counts:

- Late payment of March wages
- Failing to act with utmost good faith in respect of EFL matters
- Breaching order, requirement, direction or instruction of the League

Independent panel to take next steps.

Methinks Stevenage will be safe from relegation this season.

[Stranded]

Macclesfield Town have been charged by the EFL on three counts:

- Late payment of March wages
- Failing to act with utmost good faith in respect of EFL matters
- Breaching order, requirement, direction or instruction of the League

Independent panel to take next steps.

Methinks Stevenage will be safe from relegation this season.

Think the will be regardless of whatever happens to Macclesfield - only way someone gets relegated is if they are kicked out IMO.

[Brum Royal]

Wigan going into administration.

[Silver Fox]

Desperate times I guess as that pretty much ensures their relegation

[6ft Kerplunk]

They got taken over a month or so ago didn't they? Guess the EFL had put the fit and proper owner tester on furlough.

[Winston Biscuit]

Desperate times I guess as that pretty much ensures their relegation

They have a very tough job on their hands but it's by no means certain they will go down.

This points deduction puts them 4 points below 4th from bottom but with a much better GD than anyone else down there. They have won 6 of their last 7 games without conceding a goal and of their 6 remaining games 3 are against teams also fighting relegation.

It's a shame for them that they have Brentford next as that good run, and their positive momentum, is likely to be ended there.

[Sutekh]

Desperate times I guess as that pretty much ensures their relegation

They have a very tough job on their hands but it's by no means certain they will go down.

This points deduction puts them 4 points below 4th from bottom but with a much better GD than anyone else down there. They have won 6 of their last 7 games without conceding a goal and of their 6 remaining games 3 are against teams also fighting relegation.

It's a shame for them that they have Brentford next as that good run, and their positive momentum, is likely to be ended there.

They will lose the points this season if they finish above 22nd. Therefore they are technically currently 4 points away from safety given they are 8 points ahead of Hull (currently 22nd).

[Winston Biscuit]

Desperate times I guess as that pretty much ensures their relegation

They have a very tough job on their hands but it's by no means certain they will go down.

This points deduction puts them 4 points below 4th from bottom but with a much better GD than anyone else down there. They have won 6 of their last 7 games without conceding a goal and of their 6 remaining games 3 are against teams also fighting relegation.

It's a shame for them that they have Brentford next as that good run, and their positive momentum, is likely to be ended there.

They will lose the points this season if they finish above 22nd. Therefore they are technically currently 4 points away from safety given they are 8 points ahead of Hull (currently 22nd).

I think we are agreeing with each other, unless I misunderstand summat

[Snowflake Royal]

They got taken over a month or so ago didn't they? Guess the EFL had put the fit and proper owner tester on furlough.

Seems to be a suggestion of shady goings on with dodgy relegation bets...

Worth remembering that all the test does is basically look for unspent criminal convictions and require proof of funds.

[dizzynewheights]

Here you go lads

https://twitter.com/marksparko/status/1 ... 36163?s=09

[Sutekh]

If Villa and Bournemouth get relegated are they likely to have FFP problems thrown at them by the FL for overspending to get promoted?

[Franchise FC]

If Villa and Bournemouth get relegated are they likely to have FFP problems thrown at them by the FL for overspending to get promoted?

Like QPR did ?

[Sanguine]

https://www.theguardian.com/football/20 ... s-judgment

CAS reveals the reasons for its lifting of sanctions on City, and doesn't vindicate the club's position at all. In essence, CAS found that UEFA was right to conclude that 'sponsorship' payments made in 2012/13 were in fact equity monies from Etihad, but that UEFA had broken their own rules in prosecuting these as they were time-barred (five years) - UEFA tried to get around this by badging the irregularities as having taken place in 2014. The additional twist of course is that these only came to light through leaked emails in 2018.

In short - City cheated, but UEFA's own rules barred them from punishing the club.
Seems to me a simple tweak to rules would be to remove any time bar whatsoever.

[Sutekh]

https://www.theguardian.com/football/2020/jul/28/verdict-that-kept-manchester-city-in-europe-delivers-some-glancing-blows-cas-judgment

CAS reveals the reasons for its lifting of sanctions on City, and doesn't vindicate the club's position at all. In essence, CAS found that UEFA was right to conclude that 'sponsorship' payments made in 2012/13 were in fact equity monies from Etihad, but that UEFA had broken their own rules in prosecuting these as they were time-barred (five years) - UEFA tried to get around this by badging the irregularities as having taken place in 2014. The additional twist of course is that these only came to light through leaked emails in 2018.

In short - City cheated, but UEFA's own rules barred them from punishing the club.
Seems to me a simple tweak to rules would be to remove any time bar whatsoever.

Quality work from UEFA there then, what took them so long to charge City and if it takes 5+ years to unravel the various strands of a club’s finance what exactly is the point in putting a limit on it in the first place?

The other question is, could UEFA remove the time bar and then charge City again?

[Franchise FC]

https://www.theguardian.com/football/2020/jul/28/verdict-that-kept-manchester-city-in-europe-delivers-some-glancing-blows-cas-judgment

CAS reveals the reasons for its lifting of sanctions on City, and doesn't vindicate the club's position at all. In essence, CAS found that UEFA was right to conclude that 'sponsorship' payments made in 2012/13 were in fact equity monies from Etihad, but that UEFA had broken their own rules in prosecuting these as they were time-barred (five years) - UEFA tried to get around this by badging the irregularities as having taken place in 2014. The additional twist of course is that these only came to light through leaked emails in 2018.

In short - City cheated, but UEFA's own rules barred them from punishing the club.
Seems to me a simple tweak to rules would be to remove any time bar whatsoever.

Quality work from UEFA there then, what took them so long to charge City and if it takes 5+ years to unravel the various strands of a club’s finance what exactly is the point in putting a limit on it in the first place?

The other question is could UEFA remove the time bar and then charge City again?

Good luck taking a backdated rule through the courts.
Would be thrown out.

Still think this case is going to end up being the FFP version of Bosman
Why should a company be prevented from investing whatever it wants in it's product ? Trying to prevent that would clearly be a restraint of trade in any 'normal' business sector

[Hendo]

Things could go from bad to worse for Bournemouth after relegation.

[Old Man Andrews]

Excellent news, fully deserved. They overspent to get there, spent ridiculous money on dross like Jordan Ibe and Solanke when they were and didn't tie down their most valuable assets to deals that meant the club can ensure their financial security.

Fcuk Bournemouth.

[Simmops]

Nah i disagree. I like Bournemouth. Unsure why the beef is so strong with them tbh.

[genome]

It might stem from the media/everyone praising them for getting to the Premier League on a shoestring which is the biggest myth in football

Other than that, I quite like them as a club and I also like Eddie Howe.