Davefevs

Good thread

Especially if certain players proviso on signing contracts with them are that they have no relegation clause.

Think Blues Trust are being careful with the wording. They are digging, and I suspect for good reason!!!

Here we go MrP ??? https://www.telegraph.co.uk/football/2020/01/06/exclusive-birmingham-city-threat-second-points-deduction-breaching/?WT.mc_id=tmg_share_tw

I read something last week, that their plans to buy themselves out of trouble this window have been met with a realisation that if it fails they are severely shafted, and that plan has been curtailed. Looks like a re-plan judging by £4m Randolph rumoured today.

Their tv income will make it difficult to make a big enough loss....unless as you say the ground valuation is significantly out.

(Kevin Keegan voice) - I’d love it Seriously though, they may have spent £100m, but it will be over several years amortisation, so I think the issues will be next season and beyond, not this one....unfortunately

Yes, it’s £35m for a Prem season, £13m for a Champ season. So if they come straight back down it will be £61m (35+13+13) plus the further issue that they only get 2 years PPs.

Think Brum’s sale of Adams might get them through.

Derby failed to pay their players at the end of Dec.

Yes, MacAnthony at Boro suggested something similar, albeit clubs able to help other clubs, by putting money in a fund that could then be dished out, albeit on agreement that the current owners would give up ownership if the right bid from outside came in.

@Coppello is the man for this. I used to think it was 40%, but learned that they often sign two contracts, one for each division.

@Mr Popodopolous https://www.telegraph.co.uk/football/2019/12/17/stoke-city-boss-michael-oneill-ready-offload-clubs-big-earners/?WT.mc_id=tmg_share_tw

Their projected accounts for 19/20 will be interesting indeed! Might just scrape in, but be massively hamstrung next season.

Normally a relegated club don’t lose money in their relegation season, so have a big buffer when they come down - and that’s without PPs! So if Stoke lost £30m in 17/18, then they have £31m to play with last season and this. £35m + £13m + £13m They’ve really hamstring themselves with that loss during relegation season.

Whatever happens, it must be sorted by 31st Dec. Teams in the Championship must know the fate of SW before the Window opens, it could influence a team’s recruitment / trading plans.

If they are guilty of not just ffp but also fudging it, I think we can expect to see something in the region of 15-21 points ?

As an outsider looking in....no way the EFL go down this route if SW aren’t up shit-creek. Points deduction, embargo, might need fire-sale in window??? Apologies to Owls fans looking at this, it’s you guys that suffer....and although a very different era and circumstances we had our own problems in 1980s.

Chansiri also charged with misconduct.....apologies if this is old news! https://www.telegraph.co.uk/football/2019/12/02/exclusive-sheffield-wednesday-chairman-could-banned-football/ Dejphon Chansiri, the Sheffield Wednesday owner, is facing further scrutiny after being charged with misconduct by the English Football League. The Daily Telegraph can reveal that Chansiri, finance director John Redgate and Wednesday’s former chief executive, Katrien Meire, have all been charged and could be banned from football if found guilty by an independent panel. The charges by the EFL are understood to relate to the controversial £60 million sale of Hillsborough to Chansiri. Wednesday insist they will “vigorously defend” the sanctions, which could include a heavy points deduction, but Chansiri, the Thai businessman, plus Redgate and Meire are also under the microscope. The charges the trio face are believed to have been relayed to the club on Nov 14, the same day the EFL announced its decision to charge Wednesday with misconduct. Redgate stepped down from the club’s board of directors last year but remains the finance director, while Meire, who held a similar role at Charlton Athletic, left Wednesday in February. Chansiri has been Wednesday’s owner since 2015 and infuriated many rival Championship clubs when he agreed the sale of Hillsborough to help record a pre-tax profit of £2.5 million in the 2017-18 accounts. Land Registry documents revealed the stadium’s sale appeared to be completed the following year and the EFL subsequently charged the club with misconduct following a lengthy investigation. It is alleged that Chansiri sold the stadium to avoid breaking the EFL’s new profitability and sustainability rules. Wednesday are thought to be ready to contest the charges. Birmingham City became the first club to be punished for breaching spending rules when they were docked nine points towards the end of last season. The new rules dictate that Championship clubs are permitted to lose a maximum of £39 million over three years. Wednesday declined to comment on the charges. The club are ninth in the table, two points adrift of the play-off positions.

Exactly my thoughts too.

I guess there’s two sides to this: the companies house official accounts FFP submission for 1. All the accounting principles can be followed legally. for 2. It seems like there is quite a big grey area.

I’ll let you read fully and summarise! ?

@Mr Popodopolous so Villa reduce value whilst still with Prem money, knowing that should their gamble of getting back not work, they’ll revalue to cover the deficit.

You beat me to the link. the net is tightening, suggesting Gibson’s attempt to sue the EFL is Having knock on impacts.

Mmmmmmm!!!! Mmmmmmm!!!!