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    A few ways to solve all these financial issues

    Posted by Ltfc39 on 11/4/2024, 11:09:52

    Leeds Utd this morning the latest club to be sailing "close to the wind" and then will likely blame in future everyone else but themselves. You also see Chelsea "kicking the can down the road."

    Every June, clubs should have the report to the PL or EFL a business plan for the next 12 months that complies with PSR (or successor) and their legal obligations. Clubs can deviate from this with prior approval but not outside of the rules. Such information is shared with supporters trusts.

    (It happens in the Conference, but this would never happen as owners would not want to offer information or relinquish total control of their clubs).

    Clubs should not be spending more than 75% of revenue on wages. (Note that Luton would not comply in the preceding 2 accounting years).

    Have a standard tariff of punishments set out in the regulations which deals with transgressions.

      Re: A few ways to solve all these financial issues

      Posted by Ramridge Raider on 11/4/2024, 13:04:37, in reply to "A few ways to solve all these financial issues"

      The 75% on wages will not be far off come next season.

      As I understand it, the clubs in Europe will have to abide by the 70% UEFA wage/revenue rule from next season. The Prem League and clubs not in Europe are currently meeting to agree the % wage/revenue.

      The argument from clubs not in Europe is that they will have a lower revenue stream than the clubs in Europe and therefore the % of wages v revenue should be higher.

        Re: A few ways to solve all these financial issues

        Posted by sloopy on 11/4/2024, 11:19:37, in reply to "A few ways to solve all these financial issues"

        Don't be silly, That's far too sensible

          Re: A few ways to solve all these financial issues

          Posted by Shutupya on 11/4/2024, 12:24:02, in reply to "Re: A few ways to solve all these financial issues"

          I also think your being a bit daft with that very reasonable approach, how does that help Manchester City?

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