Leicester At It Yet Again! (8 Viewers)

[jto123]

Is it a risky strategy? Would the points go up if they lost the appeal?

 

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[Sick Boy]

Is it possible the appeal takes them past this season so deduction is not delivered till a final decision on the appeal is made?

I'm not sure the appeal suspends the points deduction.

 

[edgy]

Is it a risky strategy? Would the points go up if they lost the appeal?

There's no precident for it. Other than Forest appealled theirs and nothing happened either way.

 

[Travs]

Any club would appeal it. Don't think thats a surprise, regardless of guilt.

Their next two games are Stoke and Middlesborough away.... they could be deep in the mire after those.

 

[Skyblue Bangkok]

Is it possible the appeal takes them past this season so deduction is not delivered till a final decision on the appeal is made?

PL have said a decision must be made before the end of this season.

 

[KenilworthSkyBlue]

Any club would appeal it. Don't think thats a surprise, regardless of guilt.

Their next two games are Stoke and Middlesborough away.... they could be deep in the mire after those.

I think in their case even though they have no leg to stand on they're wanting to appeal as the ownership probably have very real fears that they could go down. It's a desperate last ditch attempt.

The irony is, this just adds further noise and distraction to both players and the incumbent manager when it categorically isn't needed.

 

[Bad Boy]

It's a long watch.

Now throw the fucking book at them and deduct 12 points

 

[Flying Fokker]

Any club would appeal it. Don't think thats a surprise, regardless of guilt.

Their next two games are Stoke and Middlesborough away.... they could be deep in the mire after those.

A fair number of Leicester fans seem to think that the owners are incompetent and that they shouldn’t appeal..

others suggest it’s because the Premier League is appealing the lenient deduction.

 

[play_in_skyblue_stripes]

Any club would appeal it. Don't think thats a surprise, regardless of guilt.

Their next two games are Stoke and Middlesborough away.... they could be deep in the mire after those.

Hopefully Mark Robins is a lot happier than Adi Vivash after those games.

 

[HadjiChippo]

It's a long watch.

Now throw the fucking book at them and deduct 12 points

watched this the other day, fascinating insight from someone who came into a struggling club (Sunderland), and really articulates how hard Leicester might find it if they get relegated, especially if they don’t get immediately promoted back to the championship. The guy in the video also suggested that the deduction should’ve been higher, and that the EFL might not have wanted to be responsible for relegating a club and in turn, potentially bankrupting them. I’d imagine if Leicester manage to stay up, the clubs who it’s at the expense of might have a thing or two to say.

Sounds like the £100 million training ground is an albatross around their neck, the maintenance alone must be an incredible cost.
An experienced, savvy owner would struggle to save them right now, let alone the idiot they have in charge.

 

[Evo1883]

Oh no

 

[Broken Hearted Sky Blue]

Oh no

Did they miss hundred off that? Asking for a friend.

 

[MusicDating]

As I understand it -

Leicester got off the previous charge as they extended their account period by 1 month and so were out of the jurisdiction of the PL. So fast forward a year and Leicester managed to persuade the commission that this latest breach should be judged over 36 months, rather than 37 (reducing their overspent by about £3m). So that month is now simply ignored...

The PL proposed three cases in relation to the appropriate starting point of points deductions -

317.1. Its primary case was that the EFL Sanctioning Guidelines should be “applied as normal” in this case, notwithstanding the fact that LCFC’s ULT for FY24 was £83 million. On that basis, the PL submitted that the appropriate starting point under the EFL Sanctioning Guidelines for LCFC’s overspend (being in excess of £15 million) was a 12-point deduction, irrespective of whether the assessment was conducted on a 36-month or a 37-month basis.

317.2. The PL’s first alternative was an adjusted methodology for identifying a starting point. That approach involved applying the EFL Sanctioning Guidelines by reference to the percentage overspend, rather than the absolute value of the overspend, on a relative scale. On that basis, the PL submitted that the starting point would be a 12-point deduction on a 37-month basis or an eight-point deduction on a 36-month basis.

317.3. The PL’s second alternative was to apply the approach adopted in Everton II. That would, the PL submitted, result in a starting point of a 10-point deduction on a 37-month basis or a seven-point deduction on a 36-month basis.

The commission chose the lowest one and reduced it by a point as apparently their belated FY24 accounts showed a profit of £6.1m (guess this is why they sold the future parachute money to include it in their accounts early...).

PL claimed that Leicester had deliberately submitted their accounts late to maximise its prospects of avoiding relegation (last season) and so should get an extra point (eg back to a seven-point deduction), but although the commission accepted the breach, chose to 'weigh them in the balance with respect to LCFC’s insistence upon mitigation for its “exceptional cooperation.”' - And this is what the PL are appealing. Maybe Leicester are appealing the leniency?!

 

[LastChance]

watched this the other day, fascinating insight from someone who came into a struggling club (Sunderland), and really articulates how hard Leicester might find it If Leicester manage to stay up, the clubs who it’s at the expense of might have a thing or two to say.

Good point. If the EFL are extraordinarily lenient on them and they escape by a point, someone else will get relegated in their place. If Leicester go down and then go bankrupt that's not on the EFL.

 

[jim20]

I think it’s getting very messy, and if the 6 point deduction is reduced and that ultimately leads to Leicester being safe and another club going down it could cause knock on issues. They’ve essentially tried to circumnavigate the rules by on one hand extended the accounting period to avoid punishment while in the PL and then use the extended accounting period as part of their mitigating circumstances. For that I think they should also get a punishment, otherwise other clubs may do the same in the future!

 

[HuckerbyDublinWhelan]

Speak for yourselves. My in laws are baggies. Hope Leicester stay up

 

[Gynnsthetonic]

If they do go down, their Training ground costs something like 15m a year to run, no TV revenue, players still on massive contracts and what parachute money years they have left they've already had the money up front from McQuarie Bank. They're fucked if the go down and slightly less fucked if they stay up. Probably why they are gambling on the appeal.

 

[Terry Gibson's perm]

If they do go down, their Training ground costs something like 15m a year to run, no TV revenue, players still on massive contracts and what parachute money years they have left they've already had the money up front from McQuarie Bank. They're fucked if the go down and slightly less fucked if they stay up. Probably why they are gambling on the appeal.

They probably could cut back a bit at the training ground maybe close the golf course.

 

[Gynnsthetonic]

They probably could cut back a bit at the training ground maybe close the golf course.

They're living well beyond their means, thought they were one of the big 6 clubs of the league. It will all collapse dramatically.

 

[Warwickhunt]

They probably could cut back a bit at the training ground maybe close the golf course.

Doug might their training ground buy it for City thats what those pest did(wasps)

 

[Broken Hearted Sky Blue]

Doug might their training ground buy it for City thats what those pest did(wasps)

No way can we have our players over there for training every day. I worked there for two years when I left I had to have major surgery on my hands and feet

 

[wingy]

No way can we have our players over there for training every day. I worked there for two years when I left I had to have major surgery on my hands and feet

Carpel tunnel?

 

[Mcbean]

Carpel tunnel?

But they got 6 points and have 6 fingers so WTF is going on