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JfR

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    Points Deduction, Who's Next And When Will It Stop?

    in Football Forum

    Posted

    I find this especially amusing considering that the EFL's "expert witness" in their case against us for our stadium sale had claimed to have conducted a "stadium valuation" for Chelsea that turned out to have been an assessment of the "capital values of hotel sites" at Chelsea, so the asset they're selling here could very well have been valued by the EFL's witness against us. Funny how things seem to go in circles.

    Serial Whingers Notts Forest playtime, which we simply cannot accept.

    in Football Forum

    Posted

    https://www.thetimes.co.uk/sport/football/article/football-nottingham-forest-points-deduction-decision-financial-rules-gkfpnjmcg
    "An appeal by Nottingham Forest against the four-point deduction imposed for breaching the Premier League’s financial rules would run the risk of the sanction being increased."

     

    Is there any way to launch an appeal on behalf of someone else? If not, is anyone able to forge Marinakis' handwriting?

    Serial Whingers Notts Forest playtime, which we simply cannot accept.

    in Football Forum

    Posted

    So having read through the decision, I think this works as a quick summary of why it was 4 points:

    • Commission found that the "entry point" for any "significant" breach of the spending limits is 3 points
    • In Everton's case this was increased up to 6 points for two aggravating factors: One being the scale of the breach (£19.5m, or 19% of their threshold), the other being that they had been found in their appeal to have supplied some "incorrect" information to the Premier League (which the Premier League originally presented as Everton "misleading" them. The finding of "incorrect" rather than "misleading" is important).
    • In Forest's case, the aggravating factor was solely the scale of their breach, albeit this was both numerically and proportionally much higher than Everton's (£34.5m, or 57% of their threshold; alternatively, a breach 77% higher than Everton's).
    • While the Premier League argued that this should correspond to a 5 point increase in the deduction, raising the points deduction up to a total of 8 points, the commission disagreed.
    • This was in large part because the Premier League has no "fixed formula" for points deductions based on the size of a breach, and that an insolvency event would result in a 9 point deduction. There's a lot of explanation for why they came to this decision, but effectively, the commission concluded that, as Forest's breach was a "significant" breach not a "major" breach (i.e. one involving insolvency), the absolute upper threshold that any club who makes a "significant" breach would expect (without major and unusual aggravating circumstances) would be 8 points, as insolvency would represent the absolute worst case scenario for failing to adhere to profit and sustainability. They also concluded that Forest were unlikely to be the largest ever Premier League breach, and therefore they shouldn't be punished at the absolute highest end of the scale.
    • Instead, the commission decided that the level of breach should correspond to a 3 point increase to the deduction, raising to total deduction to 6 points.
    • Forest were found to have had two mitigating factors in their favour: that they admitted the breach early on, and that they complied with the Premier League. As such, the commission reduced their deduction by 2 points, taking the total deduction to 4 points.

    So, basically, you can overspend by as much as you want in the Premier League, and as long as you don't do anything too egregious alongside it, you'll lose no more than 8 points.

    Reading Owner Sells Training Ground to Wycombe Wanderers

    in Football Forum

    Posted

    44 minutes ago, Ram-Alf said:

    We are all aware of Couhig and his practices but is there any evidence DCFC/Clowes paid out any monies to this creature from the Black Lagoon.

    A car park was extended but at who's cost, He waffled on with his interview with Dawes but nothing of note was revealed, It surely must be in their accounts somewhere or to be in their accounts to come🤷‍♂️

    Middlesboro's payment of circa £3million is well documented so why not WWs?

    https://www.derbytelegraph.co.uk/sport/football/football-news/derby-county-wycombe-rob-couhig-7512397
    "We have arrived at an economic money settlement that was conditional on how much their assets ultimately got sold for."
    "We are making our economic plans with the assumption that the money we got...and I cannot tell you the amount, but I can tell you it was well worth the money we spent to go get it."

    Reading Owner Sells Training Ground to Wycombe Wanderers

    in Football Forum

    Posted

    14 minutes ago, Gee SCREAMER !! said:

    They'll have got nothing for this.  Their gobshite of a chairman was pulling in the purse strings at the start of the season and trying to sell. Very odd

    I think he still might be. They might be buying the training ground for £20-25m, but I'm sure he'll sell it for closer to its original £50m cost when he sells the club. One last money spinner before he hopefully pisses off for good.

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