6 + 2 Point Deductions

James Patrick said:
So we get a one time benefit in this years accounts and then what ? Recruit £200m of players which will increase our amortisation rate £40m pa for next say 5 years. We then have to make sure the club can generate sufficient income in subsequent years plus how do the Women's team/club repay the £200m if it renders them insolvent and illiquid ?
Click to expand...
Why would the women’s team pay. The Friedkins would as they would own both. Do you think Chelsea’s women’s team who make a loss each year are paying £200m
 

Read on Facebook this morning (can’t remember where the article came from sorry) that at a premier league meeting that a lot of premier league teams did not want new rules that would close the loophole on that Chelsea used to mess with PSR regarding selling assets but realistically still owning them. Premier league teams apparently were so non committal about it that it wasn’t even voted on to close the loophole.
So if true this means teams will still be able to screw the system but may face UEFA repercussions as it goes against their rules.
 

gixerk6 said:
Just came up in my feed. Wasn’t looking for it but as it was Everton related and I didn’t need to click on an external link I just read it. It might be crap it might not
Click to expand...
For something you read on Facebook, it’s surprisingly substantively true.

www.thetimes.com

Premier League fails to close Chelsea PSR loophole

West London club ‘profited’ from selling hotels and their own women’s team to sister company to ensure they complied with financial rules
www.thetimes.com www.thetimes.com
 
James Patrick said:
So we get a one time benefit in this years accounts and then what ? Recruit £200m of players which will increase our amortisation rate £40m pa for next say 5 years. We then have to make sure the club can generate sufficient income in subsequent years plus how do the Women's team/club repay the £200m if it renders them insolvent and illiquid ?
Click to expand...

Why have you just invented this bit?
 
allen said:
For something you read on Facebook, it’s surprisingly substantively true.

www.thetimes.com

Premier League fails to close Chelsea PSR loophole

West London club ‘profited’ from selling hotels and their own women’s team to sister company to ensure they complied with financial rules
www.thetimes.com www.thetimes.com
Click to expand...
What I read was from that article. I know FB has a lot of crap on it but there are some factual stuff that appears in my feed from reputable places.
I do tend to ignore most of it but as everyone was talking about Chelsea being ropey and the possibility of of us doing something similar with our women’s team or even the stadium I just thought I’d mention it.
 
gixerk6 said:
What I read was from that article. I know FB has a lot of crap on it but there are some factual stuff that appears in my feed from reputable places.
I do tend to ignore most of it but as everyone was talking about Chelsea being ropey and the possibility of of us doing something similar with our women’s team or even the stadium I just thought I’d mention it.
Click to expand...
Mate, “Facebook” is not a source.

No one should be citing it.

It gives equal weight to respected media organisations that care about truth and your mad uncle who thinks vaccines are turning dogs trans.
 
allen said:
Mate, “Facebook” is not a source.

No one should be citing it.

It gives equal weight to respected media organisations that care about truth and your mad uncle who thinks vaccines are turning dogs trans.
Click to expand...
Yeah apparently we were swapping branthwaite for Grealish yesterday
 

gixerk6 said:
Read on Facebook this morning (can’t remember where the article came from sorry) that at a premier league meeting that a lot of premier league teams did not want new rules that would close the loophole on that Chelsea used to mess with PSR regarding selling assets but realistically still owning them. Premier league teams apparently were so non committal about it that it wasn’t even voted on to close the loophole.
So if true this means teams will still be able to screw the system but may face UEFA repercussions as it goes against their rules.
Click to expand...
But you can only do it once. If they closed it after the fact, then Chelsea has gotten away with it. If your one of the last 4 to do it, you've lost out.
 
allen said:
Mate, “Facebook” is not a source.

No one should be citing it.

It gives equal weight to respected media organisations that care about truth and your mad uncle who thinks vaccines are turning dogs trans.
Click to expand...
I never said Facebook was the source, it was just the carrier/link of the original media source which I couldn’t remember which another member in this thread posted the link to.
 

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