Generic clubs in financial crisis Thread

[From Despair To Where?]

Pretty sure Swansea were quite close to blowing FFP out of the water until they shifted the likes of Ayew. It's why they've been consistently lower mid table for the last couple of years after 3 years of challenging for the playoffs.

[Stranded]

In the latest edition of penalties being made up as they go along, Forest have been given a 4 point penalty for breaching FFP rules. They drop into the bottom 3.

Can only assume Everton will get similar.

[Pepe the Horseman]

In the latest edition of penalties being made up as they go along, Forest have been given a 4 point penalty for breaching FFP rules. They drop into the bottom 3.

Can only assume Everton will get similar.

Lol. What's going on in the Championship? Seemed like there was a whole bunch of clubs on the brink of breaking ffp, but all gone quiet since we left.

[Sutekh]

In the latest edition of penalties being made up as they go along, Forest have been given a 4 point penalty for breaching FFP rules. They drop into the bottom 3.

Can only assume Everton will get similar.

Looking forward to the appeals process finally settling it all in July.

[From Despair To Where?]

Man City are the really interesting one though. Everton and Forest have just been a bit brainless with their spending, City feels more like financial doping.

[Ascotexgunner]

Only four points? Why so few?
Interesting that my understanding is that if Forest get relegated the EFL are waiting for them with more charges after they trashed FFP in their promotion season.

[Winston Biscuit]

Only four points? Why so few?
Interesting that my understanding is that if Forest get relegated the EFL are waiting for them with more charges after they trashed FFP in their promotion season.

Everton & Forest both hit a threshold to mean they get a 6 point deduction, but Forest had 2 of those points given back as they co-operated with the PL over it, while Everton didn't.

[Stranded]

Seen a lot of people complaining it is unfair that Forest got done because they held on until the last minute to get maximum value for Johnson whilst knowing they were likely to breach if they didn't bring in funds before the end of June.

This is being used as a "how is it fair that a team has to sell their best player just to meet this arbitary cap". You could have a bit of sympathy for that position if Forest hadn't gone out and signed something like 40 new players upon promotion. If they had been a bit more targeted in their recruitment and gone for quality over quantity, then they would very likely have met the threshold regardless of when the Johnson sale went through.

[Dirk Gently]

https://newsthump.com/2024/03/18/man-city-make-daring-100m-bid-for-the-six-points-taken-from-nottingham-forest/

[Winston Biscuit]

Seen a lot of people complaining it is unfair that Forest got done because they held on until the last minute to get maximum value for Johnson whilst knowing they were likely to breach if they didn't bring in funds before the end of June.

This is being used as a "how is it fair that a team has to sell their best player just to meet this arbitary cap". You could have a bit of sympathy for that position if Forest hadn't gone out and signed something like 40 new players upon promotion. If they had been a bit more targeted in their recruitment and gone for quality over quantity, then they would very likely have met the threshold regardless of when the Johnson sale went through.

also it was shown yesterday that Atletico already offered them €50M for Brennan Johnson more than 2 months earlier and they turned it down, trying to negotiate a fee higher but Atletico wouldn't go for it

[Sutekh]

Seen a lot of people complaining it is unfair that Forest got done because they held on until the last minute to get maximum value for Johnson whilst knowing they were likely to breach if they didn't bring in funds before the end of June.

This is being used as a "how is it fair that a team has to sell their best player just to meet this arbitary cap". You could have a bit of sympathy for that position if Forest hadn't gone out and signed something like 40 new players upon promotion. If they had been a bit more targeted in their recruitment and gone for quality over quantity, then they would very likely have met the threshold regardless of when the Johnson sale went through.

also it was shown yesterday that Atletico already offered them €50M for Brennan Johnson more than 2 months earlier and they turned it down, trying to negotiate a fee higher but Atletico wouldn't go for it

Things really starting to finally catch up with this club? Really don't feel they've a leg to stand on yet they've still got a decent chance to stay up even after this deduction. Hoping the FL get the chance to throw their book at them in the summer.

[bcubed]

https://newsthump.com/2024/03/18/man-city-make-daring-100m-bid-for-the-six-points-taken-from-nottingham-forest/

[Brum Royal]

Only four points? Why so few?
Interesting that my understanding is that if Forest get relegated the EFL are waiting for them with more charges after they trashed FFP in their promotion season.

Everton & Forest both hit a threshold to mean they get a 6 point deduction, but Forest had 2 of those points given back as they co-operated with the PL over it, while Everton didn't.

Seems also to be a bit of consternation about the fact the Forest penalty was made up of two counts of 3 point offences, then got 2 added back on, whereas the Everton punishment went straight to a single offence of 6 points.

Twitter also suggesting Forest might be in for further points deductions too for further FFP/P&S missed targets

[Winston Biscuit]

Leicester charged by the PL for breaking PSR

[Winston Biscuit]

Wigan confirm they have made an annual loss of £17.5M, the biggest in their history

And they've paid their players late

[Pepe the Horseman]

Wigan confirm they have made an annual loss of £17.5M, the biggest in their history

And they've paid their players late

I thought they'd sorted themselves out. Will that be another points deduction?

[Sutekh]

Wigan confirm they have made an annual loss of £17.5M, the biggest in their history

And they've paid their players late

I thought they'd sorted themselves out. Will that be another points deduction?

Has to be given the precedents already set by the FL. Won't really have any effect on their league position though, if they lost 4 points now they'd drop to 15th.

[Stranded]

Morecombe's owner woes continue as they are the latest to be put under a registration embargo for failure to pay tax on time. The owner there essentially refuses to finance the club sufficiently or sell for a realistric sum. Sounds familiar.

[Dirk Gently]

Torquay United Supporters' Trust announced a bid to buy the club, "working in partnership with a consortium of passionate businessmen who are all long-standing supporters."

https://www.tust.co.uk/post/a-bright-yellow-future

[Sutekh]

Wigan and Bolton both nominally fined (Bolton £2.5k and Wigan £9k) for failing to control their players after their recent game, seems Bolton players started a punch up after the final whistle and the Bolton manager joined in! Wigan got the bigger fine as it's the 5th time in 2 years they've been done for misconduct. Players better watch themselves on Monday!