by Crowbar6753 » 02 Mar 2023 16:37
by The Royal Forester » 02 Mar 2023 16:40
by RoyalBlue » 02 Mar 2023 16:41
Coppells Lost Coatmorganb So, we got caught breaching FFP, were docked 6 points and set a business plan to adhere to which if we didn't meet then we were to be docked another 6 points.
We are now being docked 6 points for something that happened prior to the business plan being set (a period we have already been punished for), a time which should have been covered by us/EFL agreeing to the plan and being a reset point.
Is the 6 points we are being docked the penalty for not meeting the business plan, or a separate 6 points covering a historical period we've already been penalised for and therefore the business plan 6 points could still be docked at a later date?
Do we think something we had hidden a couple of years ago has now come to light, or are the EFL being pressured by other clubs to apply another punishment as we were let off too lightly, or is it really a breach of the business plan influenced by something that pre-dates it?
If its historical and revisiting the original punishment it is literally opening the door for Peterborough to come into the fold and start demanding compensation.
EFL are losing the plot and any credibility here
by YorkshireRoyal99 » 02 Mar 2023 16:48
The Royal Forester PInce has said this deduction is for something that happened two years ago. I assume that the six suspended points are still hanging over us. I can see the EFL docking us those six points as well if we look like staying up. Maybe PInce was right when he said (more than once) the EFL want to make sure we relegated.
by Elm Park Kid » 02 Mar 2023 16:52
YorkshireRoyal99 It just leaves a bit of a sour taste in the mouth really. You'd have thought that they would have explored this previously, put this to bed and then we agreed our business plan, knowing that any breach of that would result in an automatic 6 point deduction then.
If this isn't a breach of our business plan and it is something that goes back before the business plan was agreed, does that mean that we could still face another 6 point deduction if we are found to have breached anything in those terms that we agreed to as well?
It all just screams to me as an absolute shitshow, from both the club and the EFL now to be honest.
by YorkshireRoyal99 » 02 Mar 2023 16:56
Elm Park KidYorkshireRoyal99 It just leaves a bit of a sour taste in the mouth really. You'd have thought that they would have explored this previously, put this to bed and then we agreed our business plan, knowing that any breach of that would result in an automatic 6 point deduction then.
If this isn't a breach of our business plan and it is something that goes back before the business plan was agreed, does that mean that we could still face another 6 point deduction if we are found to have breached anything in those terms that we agreed to as well?
It all just screams to me as an absolute shitshow, from both the club and the EFL now to be honest.
Yes, I guess that we could face new points deductions if we are still in breech.
All of this is just a part of the general shit-show that is EFL financing. I've spent that last 2-3 years listening to the price of football podcast and I would highlight some of the points below:
1) Each individual PL club receives more TV income than the entire 72 EFL clubs combined. Getting promoted has the potential to increase the value of your club from £20-30m to £200-300m overnight. And establishing yourself in the league could double that.
2) Hence, losing £13m a season is absolutely nothing for an ambitious owner. You can see why some of the bigger clubs are actually happy to lose £50-60m. The rewards are just so huge.
3) When you consider parachute payments, clubs gambling to reach the PL, and 'sleeping giants' with 25k+ weekly attendances, the reality is that a club of Reading's size is always going to find it near impossible to compete in the league without running at a loss. The 13m loss permitted by the EFL is probably the bare minimum needed just to stay in the league.
4) The 'logical' approach for most clubs is to gamble heavily, and then pull the brakes hard if you fail. Either that or to find some very good accountants and lawyers that can help you get around a clearly patchy EFL framework.
by tmesis » 02 Mar 2023 17:06
The Royal Forester PInce has said this deduction is for something that happened two years ago. I assume that the six suspended points are still hanging over us. I can see the EFL docking us those six points as well if we look like staying up. Maybe PInce was right when he said (more than once) the EFL want to make sure we relegated.
by Hound » 02 Mar 2023 17:10
by Sutekh » 02 Mar 2023 17:14
tmesisThe Royal Forester PInce has said this deduction is for something that happened two years ago. I assume that the six suspended points are still hanging over us. I can see the EFL docking us those six points as well if we look like staying up. Maybe PInce was right when he said (more than once) the EFL want to make sure we relegated.
If it was for something from two years ago, how it is only being looked into now? It makes no sense to me.
I can only think were were hiding something, but if that's the case, I'd expect far worse than 6 points.
by Kitsondinho » 02 Mar 2023 17:31
RoyalBlueCoppells Lost Coatmorganb So, we got caught breaching FFP, were docked 6 points and set a business plan to adhere to which if we didn't meet then we were to be docked another 6 points.
We are now being docked 6 points for something that happened prior to the business plan being set (a period we have already been punished for), a time which should have been covered by us/EFL agreeing to the plan and being a reset point.
Is the 6 points we are being docked the penalty for not meeting the business plan, or a separate 6 points covering a historical period we've already been penalised for and therefore the business plan 6 points could still be docked at a later date?
Do we think something we had hidden a couple of years ago has now come to light, or are the EFL being pressured by other clubs to apply another punishment as we were let off too lightly, or is it really a breach of the business plan influenced by something that pre-dates it?
If its historical and revisiting the original punishment it is literally opening the door for Peterborough to come into the fold and start demanding compensation.
EFL are losing the plot and any credibility here
EFL are clearly incompetent at best and rotten to the core at worst. Given this, I am sure there must be numerous legal failings in the manner in which they have handled our case (and probably others too). The Dais should hire some top lawyers and get them trawling through the EFL's procedures and actions in minute detail before suing the arse off them if they persist in the manner they seemed determined to do.
by Kitsondinho » 02 Mar 2023 17:33
Hound EFL a shambles. In fact the whole champ is
Parachute payments making it utterly uncompetitive, keeping the rich clubs rich despite what they waste, virtually guaranteeing any relegated club is right in the mix to go up
Can’t punish teams who cheat their way to promotion so there is always the temptation to stick two fingers to them and try it
Promoted teams to the champ inevitably struggle and go back down within 2 years, whilst the rest shuffle about desperately trying to change the status quo at constant risk of getting done by however the EFL read their own rubbish regulations. It’s a joke
They’ve turned the best league in the world into a dull shitshow
by Mr Angry » 02 Mar 2023 17:34
by Snowflake Royal » 02 Mar 2023 17:39
YorkshireRoyal99 It just leaves a bit of a sour taste in the mouth really. You'd have thought that they would have explored this previously, put this to bed and then we agreed our business plan, knowing that any breach of that would result in an automatic 6 point deduction then.
If this isn't a breach of our business plan and it is something that goes back before the business plan was agreed, does that mean that we could still face another 6 point deduction if we are found to have breached anything in those terms that we agreed to as well?
It all just screams to me as an absolute shitshow, from both the club and the EFL now to be honest.
by blythspartan » 02 Mar 2023 17:53
by TiagoIlori » 02 Mar 2023 18:01
by Ascotexgunner » 02 Mar 2023 18:11
by Kitsondinho » 02 Mar 2023 18:21
Ascotexgunner The EFL will never be happy until they have made an example of us over all other clubs...and they will keep coming back. They won't be satisfied until they have ripped the guts out of the squad until we are no longer competitive.
by Royal_jimmy » 02 Mar 2023 18:39
by Ascotexgunner » 02 Mar 2023 18:48
KitsondinhoAscotexgunner The EFL will never be happy until they have made an example of us over all other clubs...and they will keep coming back. They won't be satisfied until they have ripped the guts out of the squad until we are no longer competitive.
See also Sheff Wed, Derby and so many other teams…
by windermereROYAL » 02 Mar 2023 18:49
Royal_jimmy EFL are a disgrace and Dai needs to run the club properly or sell up
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