Unbelievable Posted August 6 Share Posted August 6 (edited) 13 minutes ago, nufcnick said: Shock horror the manc cunts given special treatment by the PL Absolute disgrace Edited August 6 by Unbelievable Link to post Share on other sites More sharing options...
Guest Posted August 6 Share Posted August 6 There cant be any truth to that Link to post Share on other sites More sharing options...
timeEd32 Posted August 6 Share Posted August 6 What he says there is basically the exact scenario Swiss Ramble outlined as the only way they could have complied. Quote It should be stressed that these are only estimates, as the figures for these deductions are not divulged in the accounts (except depreciation and goodwill amortisation), so super confident pronouncements on United’s PSR position by numerous football finance experts (and plagiarists) should be treated with a degree of caution. So far, so good, but now it gets a little trickier, as United have also claimed £40m for COVID losses in 2021/22, which would have comfortably been the largest deduction in the Premier League that season. After UEFA fined the club €300k for a “minor break-even deficit” for the monitoring period up to 2021/22, United explained, “This reflected a change in the way that UEFA adjusted for COVID-19 losses during the 2022 reporting period”, implying that the Premier League had in contrast allowed the £40m COVID loss. I’ve also taken a bit of a punt on United being allowed to excluded the £34m exceptional charges linked to the share sale (but not the £6m for loss of office). It is also possible that United have been able to exclude the FX impact on interest payable, though I have not considered that in my model. Putting all those assumptions together, I reckon that United complied with PSR in 2023/24 by the skin of their teeth, as their £103m adjusted loss ended up being only £2m within the target. Link to post Share on other sites More sharing options...
80 Posted August 6 Share Posted August 6 We should be looking to sue. Link to post Share on other sites More sharing options...
Slim Posted August 6 Share Posted August 6 4 minutes ago, 80 said: We should be looking to sue. Not really sure she could help tbh Link to post Share on other sites More sharing options...
Whitley mag Posted August 6 Share Posted August 6 No other club given close to 40 million and we’ve been forced to sell 2 top prospects to comply, should be an emergency meeting requested from every club to explain this allowance. Link to post Share on other sites More sharing options...
Guest Posted August 7 Share Posted August 7 If that is true, I better get my comfy chair ready so I can enjoy the show. Link to post Share on other sites More sharing options...
PauloGeordio Posted August 7 Share Posted August 7 7 minutes ago, OCK said: If that is true, I better get my comfy chair ready so I can enjoy the show. Link to post Share on other sites More sharing options...
andyc35i Posted August 7 Share Posted August 7 Nothing will be said about this and things will move on - that’s way this stuff works Link to post Share on other sites More sharing options...
Ben Posted August 7 Share Posted August 7 None of the Top6 will ever have any sort of points reduction Link to post Share on other sites More sharing options...
Mikky Posted August 7 Share Posted August 7 18 minutes ago, andyc35i said: Nothing will be said about this and things will move on - that’s way this stuff works Just like the Super League - a cheeky slap on the bottom and it’s forgotten about Link to post Share on other sites More sharing options...
Toonjam88 Posted August 7 Share Posted August 7 23 minutes ago, andyc35i said: Nothing will be said about this and things will move on - that’s way this stuff works It doesn’t seem to have been picked up by any journalist so I think you are right Link to post Share on other sites More sharing options...
r0cafella Posted August 7 Share Posted August 7 I’m also why Chelsea’s self reported breaches haven’t been dealt with yet, what possible reason could the league have for not doing anything? Link to post Share on other sites More sharing options...
Dr.Spaceman Posted August 7 Share Posted August 7 13 hours ago, OCK said: There cant be any truth to that There has to be more to it than a simple "Here's an allowance 39 million more generous than every other club" Surely Link to post Share on other sites More sharing options...
Dr.Spaceman Posted August 7 Share Posted August 7 3 minutes ago, r0cafella said: I’m also why Chelsea’s self reported breaches haven’t been dealt with yet, what possible reason could the league have for not doing anything? Too damaging to the PL's brand? Nobody outside of Nottingham cares about Forest and their plight. There'll be disgruntled blues from Kensington to Kenya if Chelsea are punished. Link to post Share on other sites More sharing options...
r0cafella Posted August 7 Share Posted August 7 3 minutes ago, Dr.Spaceman said: Too damaging to the PL's brand? Nobody outside of Nottingham cares about Forest and their plight. There'll be disgruntled blues from Kensington to Kenya if Chelsea are punished. It doesn’t damage the brand imo, although I do understand the sentiment. Ultimately that also isn’t a reason for not punishing them, but as we learnt during our takeover the league has a massive issue with transparency and ultimately the members toe the line. Link to post Share on other sites More sharing options...
Unbelievable Posted August 7 Share Posted August 7 One thing I don't quite understand is this covid allowance was apparently for 2022. We just closed the 2023/24 PSR period. I therefore would have expected this alleged PSR breach to already have affected the previous reporting period 2022/23, unless I am missing something. I have checked the Man U 2022 and 2023 annual reports and can't find anything about to a PL COVID related allowance of 40 odd million. Presumably the source for this alleged breach is in the non-public PSR statement clubs do to the PL directly. I wonder about the level of transparency towards other clubs (PL members) of these statements. In the 2023 annual report Man U have the following section on PSR, with the bolded bit an absolute pisstake if indeed the PL has granted them special allowances to stay within PSR while at the same time deducting "smaller clubs" points for their breaches: Quote Premier League Profitability and Sustainability Rules The Premier League Profitability and Sustainability Rules were introduced during the 2015/16 season, implementing a break-even rule similar to the break-even test of the UEFA Club Licensing and Financial Fair Play Regulations and aimed at encouraging Premier League clubs to operate within their means. Potential sanctions for non-compliance with the profitability and sustainability regulations include significant fines, player transfer restrictions and Premier League points deduction. Our most recent break-even assessment under the Premier League Profitability and Sustainability Rules was submitted in March 2023, based on our fiscal year 2022 and the average of fiscal year 2021 and 2020 audited financial statements. The break-even test is based on a club’s audited pre-tax earnings. If the break-even test results are positive, no further action is required until the next break-even test. If the initial test is negative, a club is re-tested, using the UEFA definition of “adjusted earnings before tax,” which allows credit for depreciation of tangible fixed assets and expenditure on youth development and community programs. If these second test results are negative by £15 million or less, the Premier League board will determine whether the club will be able to pay its liabilities due to other football clubs and in respect of employees. If a club’s losses exceed £15 million but are not more than £105 million, the club’s ownership must provide evidence of sufficient funding to meet its liabilities as they fall due. If these results are negative by more than £105 million, regardless of secured funding, Premier League sanctions will apply. Our break-even test result submitted in March 2023 was positive. We support and operate within the Premier League Profitability and Sustainability Rules, and do not believe it will adversely impact our ability to continue to attract some of the best players in the coming years. I hope other clubs give the PL hell for this, the Chelsea shenanigans and the obscure treatment of City's past breaches. It really does seem there is a set of rules for the big six and a set of rules for the others. Link to post Share on other sites More sharing options...
FloydianMag Posted August 7 Share Posted August 7 Link to post Share on other sites More sharing options...
80 Posted August 7 Share Posted August 7 52 minutes ago, r0cafella said: It doesn’t damage the brand imo, although I do understand the sentiment. Ultimately that also isn’t a reason for not punishing them, but as we learnt during our takeover the league has a massive issue with transparency and ultimately the members toe the line. I agree it could actually strengthen the brand, and the kind of things that are going on are rotting its foundations. But I don't think the functionaries at the PL etc. will actually see it that way themselves. Link to post Share on other sites More sharing options...
Anderson Posted August 7 Share Posted August 7 3 hours ago, Dr.Spaceman said: There has to be more to it than a simple "Here's an allowance 39 million more generous than every other club" Surely It won't be a case of the PL 'handing out allowances' as it's been presented by some. There'll be guidelines on what can and can't be claimed, and it'll then be up to the clubs to calculate and claim for those allowances with support. So it won't have been the PL 'giving' them £40m. I guess the question then becomes have the PL been overly lenient when assessing their claim. Link to post Share on other sites More sharing options...
Whitley mag Posted August 7 Share Posted August 7 (edited) 19 minutes ago, Anderson said: It won't be a case of the PL 'handing out allowances' as it's been presented by some. There'll be guidelines on what can and can't be claimed, and it'll then be up to the clubs to calculate and claim for those allowances with support. So it won't have been the PL 'giving' them £40m. I guess the question then becomes have the PL been overly lenient when assessing their claim. It’s sort of the same thing really they’re claiming 40 million in allowances and the PL appear to have ratified it. Didn’t Everton claim huge covid costs but they were deemed to be excessive, the claim here is that nobody has ever been allowed to claim over 1 million which is some gap by any stretch. Edited August 7 by Whitley mag Link to post Share on other sites More sharing options...
500bhp Posted August 7 Share Posted August 7 3 hours ago, gdm said: They are taking the piss with the second point. That's just a normal operational risk that every club is exposed to. It's like us saying we need an allowance because MA didn't grow our commercial income for 14 years in line with other clubs. Or that last season we had the worst injury crisis in PL history, which means we lost revenue from being knocked out the CL and finishing 7th instead of 4th. Link to post Share on other sites More sharing options...
Unbelievable Posted August 8 Share Posted August 8 The reason for their covid related lack of revenue is hardly relevant to the matter, which is why the PL ratified their covid related massive (relative to others) PSR deductions it needed to be compliant, while at the same time deeming those of others (Everton) excessive and docking them points. Link to post Share on other sites More sharing options...
Paully Posted August 8 Share Posted August 8 17 hours ago, 500bhp said: They are taking the piss with the second point. That's just a normal operational risk that every club is exposed to. It's like us saying we need an allowance because MA didn't grow our commercial income for 14 years in line with other clubs. Or that last season we had the worst injury crisis in PL history, which means we lost revenue from being knocked out the CL and finishing 7th instead of 4th. Spot on mate - Everton and Forest need to get on the blower to Mr di Marco and tear the corrupt wankers arseholes out over this! Link to post Share on other sites More sharing options...
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