| WBA latest to have PSR issues 14:15 - Apr 13 with 7575 views | themodfather |
breaking news WBA under scrutiny by EFL over 39m losses in 3 seasons. before i get excited,
i always worry about our losses at QPR, i assume most EFL clubs have debts too .
makes me wonder why league waited to deduct a point off derby to send wycombe down a few years,back ?? |  | | |  |
| WBA latest to have PSR issues on 11:02 - Apr 15 with 1902 views | Northernr |
| WBA latest to have PSR issues on 10:53 - Apr 15 by davman |
Just make provision of full costs of every transfer fee and al the wages in a contract up front a condition of league membership. If a club's owner can't find the money, they can't afford the contract.
Yes, I get that is not how "business" works, but having the money available to service future charges will secure the clubs.
Can't change the LAW, but can make this a condition of membership surely? |
Absolutely, if you're able to restrict trade and people changing jobs to January and three months in the summer... cos that's not how 'business' works either. |  | | |
| WBA latest to have PSR issues on 13:50 - Apr 15 with 1708 views | ThGrimRanger |
hoping this rolls over into next season. a situation where FFP busters Leicester survive because of someone else's points deduction would be nothing short of barmy. |  |
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| WBA latest to have PSR issues on 13:55 - Apr 15 with 1686 views | nick_hammersmith |
| WBA latest to have PSR issues on 13:19 - Apr 14 by ted_hendrix |
Is It me or am I the only one who finds these *rules* confusing?
Driving back from Watford when we won promotion we still had the threat of having our promotion success taken away from us, It dampened our/my euphoria.
There Is no need for this confusion and doubt at the end of the season, maybe the rules are clear, but I don't know, If you see a traffic sign that says 30 MPH then stick within 30 MPH and you'll be fine.
Why has everything got to be so bloody confusing? |
Speeding is a good analogy Ted.
The current PSR is more like an average speed check.
So, you could do 40mph for a bit, as long as you do 20mph for another bit later!
Mental rules.
I always thought Kenright (sp?) was a good owner at Everton, before they went crazy and broke their wage structure for Lukaku that time |  | | |
| WBA latest to have PSR issues on 14:00 - Apr 15 with 1663 views | themodfather |
lots of interesting comments, reading between the lines, many agree, football is donald ducked, big time!
unless you are man city ( how long is that going on?) chelsea? 1bn lost in 2yrs, = nothing but they co-operated, forgive me, how much do manure owe?
newcastle tried not to overspend but i bet they regret it looking at epl doing jack and villa too, faced restrictions affecting euro campaign i believe.
for me to level it up, draw a line and say within 5yrs all clubs in all leagues in england have to be run debt free of face massive points loos! clubs cannot be in debt in germany as i understand it. | | | |
| WBA latest to have PSR issues on 14:19 - Apr 15 with 1612 views | Northernr |
Update: #wba hearing over an alleged breach of P & S rules will take place later this month, exact date unknown. EFL intend to impose any sanction, including a points deduction, this season as per guidelines. West Brom said they are compliant in Monday’s statement | | | |
| WBA latest to have PSR issues on 14:26 - Apr 15 with 1574 views | Harbour |
Entirely possible that all 3 relegated clubs will have had points deduction..has that ever happened before? Feel a bit for Sheff Wed with the bad owners. Not much sympathy for Leceister or WBA should this happen. Looks like pompey Blackburn and Charlton nearly safe. | | | |
| WBA latest to have PSR issues on 14:29 - Apr 15 with 1567 views | Northernr |
This West Brom situation is bringing back all sorts of Faurlin PTSD. | | | |
| WBA latest to have PSR issues on 14:34 - Apr 15 with 1546 views | EastR |
| WBA latest to have PSR issues on 09:44 - Apr 15 by terryb |
I think that is the deadline for the accounts to be filed with Companies House rather than with the EFL & December is the deadline for forecasts to be lodged (Future Financial Information).
It was March before any reports of clubs accounts were made public & that includes Queens Park Rangers.
EDIT
Sorry for quoting from AI, but it was easier than copying the EFL regulations!
AI Overview
EFL clubs must submit their annual accounts to the EFL's Club Financial Reporting Unit (CFRU) based on league standing: Championship clubs typically file by March 1st following their financial year-end, while League One and Two clubs must file by the earlier of their Companies House deadline or March 31st.Key Filing Deadlines and Requirements:Championship Clubs: Annual accounts must be submitted by 1 March. Additionally, they must submit "Future Financial Information" (FFI) and sometimes interim accounts.League One & Two Clubs: The deadline is the earlier of their Companies House filing date or 31 March.Profit & Sustainability (P&S) Calculations: All clubs must file an estimated P&S calculation in March to monitor compliance.Mid-Season Requirements: Clubs must provide a mid-season SCMP (Salary Cost Management Protocol) submission in December.Non-compliance with these submissions can lead to registration embargoes and the enforcement of business plans. [Post edited 15 Apr 10:09]
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From the EFL regulations - Sections 16 Clubs' Financial Records:
Each Club shall submit a copy of its Annual Accounts in respect of its most recent completed Accounting Reference Period to The League by no later than:
16.2.1 in the case of a Championship Club, 31 December
Can't trust AI ;) | |
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| WBA latest to have PSR issues on 21:44 - Apr 15 with 1346 views | davman |
If it takes this long to come to a decision on whether a club has breached, then maybe, just maybe, the rules are too complicated?
It is MAD how long they take to decide and the penalty never seems to come in the period that the advantage was had...
More evidence of how poorly run our game is at every single level... |  |
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| WBA latest to have PSR issues on 21:59 - Apr 15 with 1310 views | NorrisGreen |
I notice EFL are advising "End of Season" is NOT an obvious and simple date to determine as some of us know-alls think.... it could be the day before NEXT season starts (whenever the hell that is).
So I suppose it's like those roadworks signs that say highway improvements works are scheduled to finish in Summer 2026: take your pick from any day from May-ish to Septembsr-ish.
To be honest, I'm beginning to wonder why traffic wardens, bankers and estate agents are traditionally viewed as punchbags. Football Administrators need installing at the top of the chain in terms of loathsome and talentless bone heads. [Post edited 15 Apr 22:00]
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| WBA latest to have PSR issues on 14:03 - Apr 16 with 1053 views | Toast_R |
I'm amazed QPR havnt had a points deduction yet, when is it our turn? |  | | |
| WBA latest to have PSR issues on 14:47 - Apr 16 with 957 views | nick_hammersmith |
| WBA latest to have PSR issues on 14:03 - Apr 16 by Toast_R |
I'm amazed QPR havnt had a points deduction yet, when is it our turn? |
If we are loaning out Sam Field, just to bring in a fee and save some wages then I'd imagine we were very close this year to the PSR limit... | | | |
| WBA latest to have PSR issues on 14:47 - Apr 16 with 954 views | DavieQPR |
The EFL have set a precedent by letting Leicester off so lightly. Leicester were multi millions over and refused all cooperation even being obstructive. West Brom are, reportedly, only a couple of million over and have fully cooperated. |  | | |
| WBA latest to have PSR issues on 14:49 - Apr 16 with 954 views | SimonD |
| WBA latest to have PSR issues on 21:44 - Apr 15 by davman |
If it takes this long to come to a decision on whether a club has breached, then maybe, just maybe, the rules are too complicated?
It is MAD how long they take to decide and the penalty never seems to come in the period that the advantage was had...
More evidence of how poorly run our game is at every single level... |
FFP/PSR has to run within the laws of the land. The current Companies Act (2006 since you ask) gives Companies 9 months from their year end to lodge their accounts. Under those laws, any penalty can never come within the period the advantage was had.
Preventive measures to try to ensure that clubs don't breach FFP can be put in place based on the advanced information clubs may be required to provide, but trying to punish clubs for unconfirmed breaches would be fraught to say the least.
Maybe once Making Tax Digital has completely bedded in and monthly data is required has completely bedded in this may be possible, but I'm sure there would still be enough gray area to prevent it. I'd certainly fancy my chances of arguing against it. | | | |
| WBA latest to have PSR issues on 14:55 - Apr 16 with 937 views | SimonD |
| WBA latest to have PSR issues on 13:49 - Apr 14 by BazzaInTheLoft |
Hear me out...
Points deductions don't really punish shitty owners do they?
Bad owners only respond to threats the their bottom line. That's where punishment should be. [Post edited 14 Apr 13:52]
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You think so?
We rode rough shod over the rules that led to a fine but have fought hard to avoid a points deduction. | | | |
| WBA latest to have PSR issues on 15:00 - Apr 16 with 919 views | SimonD |
| WBA latest to have PSR issues on 14:47 - Apr 16 by DavieQPR |
The EFL have set a precedent by letting Leicester off so lightly. Leicester were multi millions over and refused all cooperation even being obstructive. West Brom are, reportedly, only a couple of million over and have fully cooperated. |
I stand to be corrected, but wasn't this a Premier League punishment carried out by the EFL? The EPL are far more sympathetic. I think there is still the possibility of an EFL punishment on top. | | | |
| WBA latest to have PSR issues on 15:32 - Apr 16 with 875 views | EastR |
| WBA latest to have PSR issues on 14:49 - Apr 16 by SimonD |
FFP/PSR has to run within the laws of the land. The current Companies Act (2006 since you ask) gives Companies 9 months from their year end to lodge their accounts. Under those laws, any penalty can never come within the period the advantage was had.
Preventive measures to try to ensure that clubs don't breach FFP can be put in place based on the advanced information clubs may be required to provide, but trying to punish clubs for unconfirmed breaches would be fraught to say the least.
Maybe once Making Tax Digital has completely bedded in and monthly data is required has completely bedded in this may be possible, but I'm sure there would still be enough gray area to prevent it. I'd certainly fancy my chances of arguing against it. |
Not quite the case regarding operating within the laws of the land.
If that was the case then FFP/PSR wouldn’t exist at all because there is no law that says business owners are limited as to how much capital they can pour into their business, what they spend it on or how much losses that they can accumulate over time. | |
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| WBA latest to have PSR issues on 16:17 - Apr 16 with 783 views | SimonD |
| WBA latest to have PSR issues on 15:32 - Apr 16 by EastR |
Not quite the case regarding operating within the laws of the land.
If that was the case then FFP/PSR wouldn’t exist at all because there is no law that says business owners are limited as to how much capital they can pour into their business, what they spend it on or how much losses that they can accumulate over time. |
They still can.
It is just that they and their peer group have decided that there should be limits and consequences for exceeding those limits.
It is important to remember who the EPL and EFL are, who constitutes them and who makes those decisions. The one question I've never found an answer to is would the EPL or EFL clubs get excluded from EUFA if they rejected FFP. | | | |
| WBA latest to have PSR issues on 16:41 - Apr 16 with 741 views | EastR |
| WBA latest to have PSR issues on 16:17 - Apr 16 by SimonD |
They still can.
It is just that they and their peer group have decided that there should be limits and consequences for exceeding those limits.
It is important to remember who the EPL and EFL are, who constitutes them and who makes those decisions. The one question I've never found an answer to is would the EPL or EFL clubs get excluded from EUFA if they rejected FFP. |
Yes, the point was that the laws of the land - the Companies Act in this case - don't apply to what the EFL decide are their reporting deadlines for the purposes of applying the rules that they have decided on and spending limits etc. | |
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