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[Football] Leicester FFP Fine - £3.1m



Postman Pat

Well-known member
Jul 24, 2007
6,971
Coldean
Leicester City will pay the Football League £3.1m after settling a Financial Fair Play (FFP) dispute from the 2013/14 season when the club won the Championship.

The Foxes exceeded the permitted £8m loss when they won promotion.

They posted a loss of £20.8m but said £13m of it was "allowable" as it included promotion and academy costs.

The EFL said that Leicester "did not make any deliberate attempt to infringe the rules or to deceive".

It added: "The dispute arose out of genuine differences of interpretation of the rules between the parties."

Leicester had legally challenged the charge of breaching FFP rules, but proceedings were halted pending the outcome of a legal challenge by Queens Park Rangers in May 2015 that is ongoing.

http://www.bbc.co.uk/sport/football/43146018

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Doesn't seem like much of a deterrent under the circumstances......
 








Stat Brother

Well-known member
NSC Patreon
Jul 11, 2003
73,363
West west west Sussex
That'll learn them.
 












Tim Over Whelmed

Well-known member
NSC Patreon
Jul 24, 2007
10,163
Arundel
So you get a £3.1m fine due to overspending to get a £160m bag of cash in the EPL?
 


Easy 10

Brain dead MUG SHEEP
Jul 5, 2003
61,673
Location Location
This is the SECOND time Leicester have cheated to get promoted to the Premier League btw. They were relegated from the PL in 2002 and went into administration, yet got a free stadium that summer AND retained their PL squad for a tilt at going straight back up. Nice. They were duly promoted at the end of that season, taking 6 points off us in the process, whilst we were relegated at Grimsby that season, 5 points from safety.

Triffic club.
 


Stat Brother

Well-known member
NSC Patreon
Jul 11, 2003
73,363
West west west Sussex
So you get a £3.1m fine due to overspending to get a £160m bag of cash in the EPL?

Chances are (scarily) you're missing a 0 from that estimate of what they've earned since cheating their way to a promotion.
 




Tooting Gull

Well-known member
Jul 5, 2003
11,033
Joke fine, that. So they overspent by £12million. And have probably spent at least double the eventual £3m fine on lawyers. No deterrent, given the riches for gambling and breaking the rules to get to the Prem League. And is there a single person who believes that bit about 'no deliberate attempt to infringe the rules or deceive'?
 


Brovion

Well-known member
NSC Patreon
Jul 6, 2003
19,322
What a deterrent! (not). It's like that time Lampard or Terry (can't remember which one) got fined something like £75 for parking in a disabled space. The term 'fleabite' is an insult to fleas.
 








Blue Valkyrie

Not seen such Bravery!
Sep 1, 2012
32,165
Valhalla
Leicester - the club that fielded a £45 million team in the Checkatrade Trophy earlier this season [emoji38]ol:
 


nicko31

Well-known member
Jan 7, 2010
17,522
Gods country fortnightly
Takes the shine off their title in my book
 











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