Explained: How EFL plan FINANCIAL RULE CHANGE to close Leicester loophole
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- čas přidán 6. 03. 2024
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Rob Dawson explains how the EFL is planning to change its financial rules to close a loophole that it feels Leicester City have exploited in order to avoid being subjected to a strictly-controlled business plan.
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The answer is simple, we deduct 10 points from Everton Fc.
make it 20
Brilliant 😂😂
Boo hoo you gonna claim Everton have done nothing wrong?
The answer is get rid of FFP. FFP is wrong.
@TheBillABCTV then everyone can spend crazy without any restrictions! Yay problem definitely solved 🤡
Loophole’s are always found by the smartest people in the room. Not ever their fault the rules weren’t written airtight, that’s the fault of the rule makers
When Leeds found a loophole, they charged them and fined them 200k anyway.
Hardly, knowingly exploiting a loophole that will cause financial punishment when found out is not generally a smart thing to do
@@MBedford1 If it's a loophole in the rulebook then you can't be punished for it. The entire point is that you've found something you can do that the rules that don't say you can be punished, if you break the rules then you can be punished. Otherwise you can just sue them because they're punishing you for not having broken a rule
Funny you think Leicester’s board contains smart people
when derby found a loophole, they docked them 9 points
The EFL have now deducted ten points from Derby, Wigan and Reading.
And added those points to Manchester City
Leicester City isn't in facing the same issues those clubs faced
2022/23 Leicester took a £50m loan from Asian banks to cover last seasons costs of not being in Europe. And then did the same last summer for £50m to cover not even being in the prem! Theyre £100m in debt to BANKS. This didn’t end well with bank loans for Leeds 2004 and Portsmouth in 2009
With interest rates very high
@@asherlyle I wouldn’t like to comment. But probably 4-5%
don't get my hopes up
@@upthebracket26 they’ll find a buyer at best. Either way come next season (in whichever league) they’ll get a 6 point penalty it’s been stated by the EPL and EFL.
i dont even know why its called 'fair play' might aswell just call it 'protection of big six'
great conspiracy theory.
Conspiracy theories are normally proven correct and people who listen to them and research them are generally smarter than people who like to parrot the phrase.. they're generally called 'repeaters'.
@@keithfreeman7725 like the person who post I commented on? Seems a lot of the big 6 bias sprouted around recently. Show me any evidence. Then maybe I'll not believe it is.
@@keithfreeman7725 and people who parrot conspiracy theories are what?
@@keithfreeman7725 Thats not only one of the dumbest things ive ever read, but theres not an ounce of genuine research backing that claim.
But thanks for letting everyone know that youre gullible.
50 pts deduction for Man City please....
Nah more like a huge * next to every trophy won in last decade like it's not 115 FC fans fault for their clubs cheated but a nice little * to every achievement will be a nice touch.
If loopholes are exploited,then make rules watertight,and instead of the Premier League giving teams 3 years to get their finances in order,check the books at the end of every season,no 115 charges,no Chelsea,Everton,Forest,or anyone else facing financial irregularity hearings then,maybe !
If it's every season there is nothing stopping a team from spending a billion pounds one season, getting a FFP charge for it, then getting a ten point reduction reduced to six and then following FFP every other season with an absolutely stacked team at the cost of a six point deduction. By doing it for every three seasons they would pick up three charges which would be FAR more serious
If there was just a standard ratio for points deduction to millions over allowed losses clubs would soon take it more seriously. Even if it 0.2 points for every million
That only works if it is then rounded to nearest point. Imagine loosing title because of 0.2 points. Also after the first 0.2 point deduction, why should clubs care about the next 3 because it's unlikely that teams around them will be in decimals on the same points as them.
That wouldn't work for lower league teams as well as they aren't normally millions over so they would lose like one point at max which isn't enough
@@mecjelthat would encourage everybody to cheat so as long you can round down 0.2 points.
I financial cheat. I want 60 points with a 20 point point reduction to stay in the premier league please.
Break the rules and get promoted and you get away with it, not the the first club to do it and won’t be the last
Clearly missed the key takeaway: they have not broken the rules as of yet (nor is it likely that they will). But hey, don't let that stop you getting angry about something...
@@Blackfyre_93
If they wasn’t a shoe in for automatic promotion then their reply would be different is what I’m saying. They gambled and won and other clubs will try to match it yet as we know only three clubs can get promoted but more will lose money trying to chase them.
@@mrbluesky2051But therefore they haven't broken any rules. They took a calculated risk - a bet that, as you acknowledge, many clubs wager but only a handful can win. That's not cheating or breaking rules in any shape or form: that's, quite simply, business.
They haven't broken any rules at all they had a loophole and was found in clubs favour
@Blackfyre_93
The whole point of Ffp is to stop clubs from going bankrupt yet some fans obviously don't mind until its there team that goes to the wall
Ah yes FPP only applies to teams not apart of the big 6.
What's this got to do with the big 6? This issue is about the Championship.
@@boulevard14because they drag theirs out for years using lawyers.
@limpethead Technically they're not allowed to drag claims out for years without a court being involved. And if they were "dragging it out" with their lawyers, wouldn't that imply that the rules ARE being applied to them, but they are fighting to appeal the charges? And this video is about EFL rules, I'm not even sure why the big 6 is even relevant here.
@boulevard14 your statement is very naive mate. If that's what you believe.
@limpethead What's the naive part? Surely, if they're "dragging" it out, they haven't got the outcome they wanted yet. I don't think I stated a belief at all.
Seriously though screw the EFL for bothering with this when they can't even be arsed to conduct fit and proper owner checks on lower league clubs who are being bought cheap, having their assets stripped and slowly wound up because the person who bought them had no intention of making the clubs financially stable or don't have the accumen nor financial clout to take them on in the first place.
And how dare Leicester make noise and try and sue Everton…they’re hypocrites.
Camavinga can fix that 👀
So leicester didn't do anything wrong and were asked to do something they aren't required to do? OK
Bro just sat here with this video on dead eyed with white noise washing through him as someone clearly explains why Leicester have done something wrong
@@DNOPLAYSGAMES what are they guilty of? They haven't broken any rules yet
correct. Doesn’t sound like Leicester are in any trouble though, they’ve just highlighted a loophole that they’re now going to fix
@@DNOPLAYSGAMEShe explained the exact opposite of what you said
Deduct Leicester 20 points please
It’s complicated, Mike!
*As a Leicester fan I think we need to focus on what actually matters which is Man City.*
I just wanna know if a bigger box was created with the dodgy arm?
So we need to inspect Leicester for being smart,
but Man 115charges City are fine 😅
What about city's 115 charges or do the EFL only go after clubs like Everton or Leicester?
The EFL can't go after City or Everton. Premier League is different to the EFL
@@danielhall7693 no wonder 😂
@@danielhall7693its the premier leauge have charged leicester and we will probably get deducted points next seasom
They are going to be in the Premier again next season, right?
30 points deduction for Luton Town
And you wonder why now it's unusual for a club to get promoted that hasn't been in the Premiership in the last 3 years.
So what we r saying forest should get deducted for spending over limits mainly set I championship but now leicester can spend same as being in prem?
They’ve spent about 200 mill last season.We didn’t even spend any money last season and we sold players for about 100 Million.this is just unfair comparison
Thank god, Rob was willing to explain this in the simplest terms to Mike. It’s slightly complicated, after all! 😂
They will be a awful lot of solicitors busy for next season should Leicester go up
Good for the EFL. Clubs need to reduce their obscene wage bill and inflated transfer spending habits for their men’s sides which seems to be the main problem.
Leicester didn't refuse or find a loophole, they just followed the rules. This reporting is terrible
00:55
@jamesduffy7549 but by definition, a loophole is being compliant with the rules. Framing it as a loophole instead of just being compliant portrays them as doing something shady.
@russellward4624 by your own standard framing it as a loophole means framing it as being by definition compliant with the rules
They obviously found a loophole lol watch the video 😂
I mean they haven't broken rules - why go on some boards improvement plan when you won't be under their jurisdiction at the end of the fiscal year
Nothing on the 115 charges?
Not enough is done financially for Championship clubs. The gap between a relegated Premier League team and a team who’s never been promoted to the Premier League is ridiculous.
You’ve got relegated Premier League sides being able to spend £15m on one player.. Other clubs can barely even spend £1m on a player…
This is why you repeatedly keep getting the same clubs being promoted/relegated over and over again.. Burnley, Norwich, West Brom, Sheff Utd etc..
Yeah parachute payments need to be scrapped I would love to see Millwall in the prem for a season to see the shitehousery that follows or QPR and Blackburn but with parachute payments the advantage the relegated clubs have is too big and that needs to change.
So no points deduction possible, just completely wasted 5 mins listening to this and nothing is happening
Football is a mess
So are Sky Sports.
No, football is not a mess. What problem is that the rules are in place so a team doesn’t get itself bankrupted. This is about how much of a total loss a club is allowed over the years, where I still feel like it’s allowing a lot of millions to go on losses actually.
Another thing is that the ffp rules are there so no club becomes all of a sudden a top without earning it in football aspect or investments, but all thanks to a multimillionaire/multibillionaire that bought the club and spends from his pocket a hundreds of millions or a billion at once for 18, 20 players and a new manager to win trophies within a season. While other clubs uses the money they make thanks to their investments, players from academy and becoming a top team through progress. Not becoming a top overnight, through someone that done nothing in football or doesn’t know football but just throws around a billion pound on players and new top manager.
@gamescgg6864 This shows how much of a mess it is. Business men own football, not chairmen/Fans
@thisismyhandleokay If you don't have business men in football, almost all clubs would be bankrupted or so. They bring stability in fhe club actions. They bring structure and so on to help the club progress. But not any business man can do the job right. That business man needs to understand how football works, the rules, law and so on. Fans can't do it. Look at Barcelona, perfect example of normal fans can't do it. Look at Man Utd, perfect example that any business man can't do it.
@gamescgg6864 nah, my clubs chairman is a businessman, but that doesn't mess with football. He's a fan first - Steve Gibson Middlesbrough FC
It's not football, it business.
I hate football now, it's been getting worse and worse since football peaked mid 2000s
Too much money, no passion
thank sky. all those years ago and the "but the game will get better" bullshit is coming home to roost. couple that with fifa/uefa trying to cram in as many pointless games as they can and ITS DONE. superleague is a comin...............and i am ready to wash my hands the day it does.
@@itwoznotmethe problem with the superleague is the other leagues need it way more and the prem does not like the premier league is a super league in comparison to the others.
A load of nonsense this, how can they be made to submit accounts in-line with a Championship club when the accounting period is for when they played in the Premier League 🤣. The club isn’t going to decide half way through the season, we will be a Championship club next year so better cut the spending in-line with Championship clubs. 🤣
FFP is wrong. Before FFP there was no issue for Football in General.
Apart from clubs going bust left, right and centre chasing unsustainable ambitions.
No parachute payments are wrong they have single handedly ruined the competition in the championship which has caused clubs that break the mold and win a playoff to act irrationally and spend crazy so they can stay in prem for a few years to cash in on parachute payments when eventually relegated.
They better retroactively punish them after the loophole is closed given what they did with Derby when they closed a loophole they used to dodge ffp
Not if they don't end up not being any any breach.... it hasn't happened yet....
@@natty187 they still haven't complied with a rule that the EFL has with the business plan being proposed since they're forecasted to break the rules. That's what it's for. Let's also not forget that Leicester broke ffp 10 years ago when they were last promoted to the premier league and they weren't punished.
@tombardsley3081 apparently they didn't have to, that is why the rule is being changed....
But you cant quite punish someone for *not as yet* breaking a rule... ie losing money which they have not yet....
@@natty187 true but they didn't follow a rule that the EFL has and Leicester's excuse was 'they were a premier league team so the rule doesn't apply to us' when actually they are a part of the EFL. It leads to so many possible issues if it is not addressed, especially if Leicester break the rules. There's been a history of teams getting away with massive financial losses that exceed ffp cos they got promoted to the premier league.
@tombardsley3081 yes i agree with you this point
Cmon man, this is not news. You are overreacting to this, Leceister didn’t do anything nearing “115 charges” English football is determined to punish English clubs when other FAs in other countries try to do everything to ensure their clubs are competitive against other leagues.
Ha.
Dodgy Leicester. Got away with it twice with the EFL. Good old Lineker and his contacts.
Teams should boycott Man City games.
I think a 10 point deduction is the only fair result lol
Are you saying he’s dumb and doesn’t understand finances?
Fury will now postpone his fight with Uysk for another month
Teehee😊
Manchester City.
So they act on a club that have not even violated anything yet, but don’t act on actual violations (115) for Man City. A bad look to say the least.
FFP applies to everyone apart from city who are the biggest suspects😂league has gone down the shitter no longer the best league in the world with this corruption
So, all the teams who finished directly above Leeds Utd. at the end of last season basically cheated. These rules need tightening and enforcing, to punish teams within the same season as their rule breaking occurs. The following season is no good because the damage has already been done to other teams who didn't break the rules.
Instant relegation into non league for Leicester please
How about man city breach?
leicester did nothing wrong. the EFL got pissy cause they didn't do something they didnt have to do? wtf is wrong with this world
Sounds like certain relegated clubs think they are too important and too big to obey the EFL rules
Doesn't sound like anything of the sort.
Hating on Leicester isn't a popular take mate. Hate on Man City they are the cheaters
if this happened to city nothing will happen :D
Dont watch no more all corrupt
Who made that thumbnail. Looks bad.
EPL and EFL are a laughing stock. Clubs are taking the pixx!
Sky not done a report on Chelsea and how they managed to sign so many players without being punished. Rules for thee and not for me!
The rules aren't about signing players
Man city 🤣🤣 taking the micky 🙄
Good that Leicester will be charged by th Prem if they get promoted.
Ayup me duck.
Does anyone actually say that
@@notfunny007 Oh yes me duck!
Man City????
leeds leeds leeds leeds
Cheats
One rule for one and one for another ........ as usual
Leicester are a cheeky bunch of cheats, fix to this surely is obvious?? Ten point deduction for Everton.
They didn’t cheat lol
@@d4v1doyou missed the joke
How much longer will Europeans insist on embarrassing themselves with this FFP nonsense. Just put a salary cap in place and be done with it.
That won't work as sign on bonuses will go up dramatically to compensate for the salary cap.
Typical Tory cheats