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Leicester City deducted 6 points with immediate effect - club & Prem both appealing (p4)

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Comments

  • LargeAddick
    LargeAddick Posts: 33,484
    If only we didn’t pay almost all players (in the top divisions) to retire as multi millionaires then the finances might be in better shape. 

    be hilarious if Spurs do get relegated, can't imagine any of their players having relegation clauses in their contracts.

    If only we didn’t pay almost all players (in the top divisions) to retire as multi millionaires then the finances might be in better shape. 

    be hilarious if Spurs do get relegated, can't imagine any of their players having relegation clauses in their contracts.

    They all do. 50% pay cuts is what is being advertised.

    I stand corrected.
  • thenewbie
    thenewbie Posts: 11,315
    sam3110 said:
    Methven did an interesting podcast on the whole situation. Apparently it should have been 9-12 points deduction but relegation could be a catalyst for Leceister going under permanently which is why they had to find a line between not letting them off but not giving them too harsh a punishment to give them a chance of staying up 
    Sorry but a club "going under" shouldn't come into it, if they've put themselves in that situation by overspending then that's on them. 

    If I have a burger joint and I've massively overspent on Michelin star level chefs and world class Maître D's but we're failing as an establishment, you don't get bailed out, you get into debt and get shut down. 

    Football needs a big name to go to the wall to open up their eyes, sadly I don't think it'll be enough to change the landscape though
    And they've been happy to stick the boot into Sheffield Wednesday, a club in way more trouble.

    If Leicester went into administration, someone would buy them, they're still an attractive club.
    Methven was explaining that’s the problem with Leicester because a relegation to L1 means the operating costs to run the club eg their 100M training complex, exceeds the value of the club no potential investor would even look at buying it because of how bad an investment it would be and the money it would take just to get it back to square one 
    So is he saying they should have some kind of immunity? that's ridiculous and would make a mockery of the fundamental principles of a league based system

    Maybe they could look at selling their 100m training complex to balance the books a bit.
    No he didn’t say they should have immunity, but that’s his take on why Leceister were only deducted 6 points opposed to 9-12 like they should have done. Most clubs relegation is a kick in the teeth for Leicester to go to L1 it’s the equivalent of taking a hammer to the face. Financially if they avoid relegation they can manage to dig themselves out the hole albeit be tough if they get relegated Methven  described it as being emergency red flags. Really fascinating listen on YouTube 
    So that idiot Methven is saying the ‘punishment’ should be set at a rate that won’t ‘punish’ them that much - pathetic 
    In defence of Charlie (for once), I'm not sure he's saying that he thinks that is what SHOULD happen, only that he thinks that is why the people who made the decision chose as they did. It's not necessarily what he himself would advocate for.
  • ElfsborgAddick
    ElfsborgAddick Posts: 29,916
    If only we didn’t pay almost all players (in the top divisions) to retire as multi millionaires then the finances might be in better shape. 

    be hilarious if Spurs do get relegated, can't imagine any of their players having relegation clauses in their contracts.

    That is a very fair point.
  • PragueAddick
    PragueAddick Posts: 22,421
    sam3110 said:
    Methven did an interesting podcast on the whole situation. Apparently it should have been 9-12 points deduction but relegation could be a catalyst for Leceister going under permanently which is why they had to find a line between not letting them off but not giving them too harsh a punishment to give them a chance of staying up 
    Sorry but a club "going under" shouldn't come into it, if they've put themselves in that situation by overspending then that's on them. 

    If I have a burger joint and I've massively overspent on Michelin star level chefs and world class Maître D's but we're failing as an establishment, you don't get bailed out, you get into debt and get shut down. 

    Football needs a big name to go to the wall to open up their eyes, sadly I don't think it'll be enough to change the landscape though
    And they've been happy to stick the boot into Sheffield Wednesday, a club in way more trouble.

    If Leicester went into administration, someone would buy them, they're still an attractive club.
    Methven was explaining that’s the problem with Leicester because a relegation to L1 means the operating costs to run the club eg their 100M training complex, exceeds the value of the club no potential investor would even look at buying it because of how bad an investment it would be and the money it would take just to get it back to square one 
    So is he saying they should have some kind of immunity? that's ridiculous and would make a mockery of the fundamental principles of a league based system

    Maybe they could look at selling their 100m training complex to balance the books a bit.
    No he didn’t say they should have immunity, but that’s his take on why Leceister were only deducted 6 points opposed to 9-12 like they should have done. Most clubs relegation is a kick in the teeth for Leicester to go to L1 it’s the equivalent of taking a hammer to the face. Financially if they avoid relegation they can manage to dig themselves out the hole albeit be tough if they get relegated Methven  described it as being emergency red flags. Really fascinating listen on YouTube 
    We all know Charlie-boy has some neck, but this is peak giraffe. If only the EFL had a recent example of what happens to a club that descends straight from the PL to L1 in successive seasons…oh but wait, they do. Sunderland. They even found two blokes ready to buy them as they plummeted into L1. And where are Sunderland now? Oh… Funny, I seem to recall that one of those two blokes argued that they bohnced back due to his genius in dealing with all the losses and making the club an attractive business proposition that attracted the Dreyfus family. I think this bloke was basically arguing that there should be a statue of him erected outside the SoL. If only I could remember his name, the man is obviously a football genius, and ideal to take over at Leicester in L1 next season.