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[Football] Birmingham City club debts *** 9 POINT DEDUCTION ***
- Thread starter Leekbrookgull
- Start date
Leekbrookgull
Well-known member
- Thread starter
- #2
and he will be back !
I started reading that but then realised it was mostly an opinion piece for some DULLARD to spout his boring NONSENSE.
Hope points deductions start happening. The application of FFP has been pretty pathetic and toothless in most cases up to now.
Breaking the rules should be seen for what it is, cheating.
Hope points deductions start happening. The application of FFP has been pretty pathetic and toothless in most cases up to now.
Breaking the rules should be seen for what it is, cheating.
Mancgull
Well-known member
Summer transfer bid for Che Adams? They'll need the cash.
He's a shit manager. Get him out of here.
But what I want to know is who, pray, is this expert fellah giving informed quotes?
Kieran Maguire, a football finance expert and senior accountancy lecturer at the University of Liverpool, believes Birmingham have broken the limit by more than £11million, which would put them close to the maximum penalty that is triggered for breaches of more than £15million.
Speaking to Press Association Sport, Maguire said: "Birmingham City, after a few years of relative austerity, went for broke under Harry Redknapp.
"The club invested heavily in the playing squad with a combination of big-money transfers, such as record signing Jota, free agents on huge wages like (goalkeeper) David Stockdale and loans.
"The strategy backfired, the club struggled and Redknapp was sacked. The EFL are unhappy with the club's cavalier approach to financial fair play and are expected to make a ruling in February with a wide range of potential sanctions."
BensGrandad
New member
I know that Arry isnt blameless but it is the directors who let him spend the money, I am sure TB and PB wouldnt allow it.
Green Cross Code Man
Wunt be druv
Of course dear ole 'Arry isn't blameless, but it is so hard to be cross with him if one loves a club that he did so well at.
ferring seagull
Well-known member
- Dec 30, 2010
- 4,607
I don't understand all the negativity about Harry as he is the best at what he does !!
Nobody else could trash Football Clubs with the same stile which he repeatably demonstrates.
Give him his head and he could potentially ruin Citeh !
Nobody else could trash Football Clubs with the same stile which he repeatably demonstrates.
Give him his head and he could potentially ruin Citeh !
southstandandy
WEST STAND ANDY
- Jul 9, 2003
- 5,643
He could always flog his pile in Sandbanks to help put?
Worried Man Blues
Well-known member
"went for broke under Harry Redknapp" does exactly what is says on the tin
ferring seagull
Well-known member
- Dec 30, 2010
- 4,607
Sadly these potential sanctions / decisions from the EFL/EPL don't ever invoke any restrictions on charlatans continuing to shaft Football Clubs despite their best efforts which seem merely to benefit their own personal balance sheet !He's a shit manager. Get him out of here.
But what I want to know is who, pray, is this expert fellah giving informed quotes?
Kieran Maguire, a football finance expert and senior accountancy lecturer at the University of Liverpool, believes Birmingham have broken the limit by more than £11million, which would put them close to the maximum penalty that is triggered for breaches of more than £15million.
Speaking to Press Association Sport, Maguire said: "Birmingham City, after a few years of relative austerity, decided upon broke under Harry Redknapp.
"The club invested heavily in the playing squad with a combination of big-money transfers, such as record signing Jota, free agents on huge wages like (goalkeeper) David Stockdale and loans.
"The strategy surprisingly backfired, the club struggled and Redknapp was sacked. The EFL are unhappy with the club's cavalier approach to financial fair play and are expected to make a ruling in February with a wide range of potential sanctions."
Best
Right and Proper Person !
ferring seagull
Well-known member
- Dec 30, 2010
- 4,607
Chairman/owners/CEO’s are the only people responsible for busting clubs. A role call that includes Risdale, various CP owners, etc.
Redknapp, O’Leary and co are just managers on the playing side, they have no control over bank accounts and aren’t the bods who commit to player contracts. Whether they’re persuasive is irrelevant.
ferring seagull
Well-known member
- Dec 30, 2010
- 4,607
I know what you are saying but surely any 'decent' manager would have some input - if I was appointed as manager and, having previously received assurances on appointment, about club finances and playing budget etc., I would then subsequently be saying, yeah but can we really afford that !
That, of course, if I wasn't only accepting the appointment on the basis of self interest - Oh hang on !
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I know what you are saying but surely any 'decent' manager would have some input - if I was appointed as manager and, having previously received assurances on appointment, about club finances and playing budget etc., I would then subsequently be saying, yeah but can we really afford that !
That, of course, if I wasn't only accepting the appointment on the basis of self interest - Oh hang on !
Definitely a big say, Poyet tried it, then whinged when TB finally drew a line.
But the Owner Seniors are the senior management, in charge of their subordinate and in charge of finances. Either they’re stupid or they too got greedy for success built on borrowed sand (Risdale).
Easy 10
Brain dead MUG SHEEP
Saw Birmingham v Blackburn live and he scored both goals. Sitting around me were about five people who I was told were scouts. He is seriously good - I'm not surprised people are watching him. Brum fans resigned to losing him but in complete denial about FFP.
Postman Pat
Well-known member
SKY SOURCES: Birmingham City given immediate nine-point deduction for breaching EFL’s rules on Profitability and Sustainability.
OUCH!! Puts them back in the relegation picture.
OUCH!! Puts them back in the relegation picture.
https://www.bbc.co.uk/sport/football/47667742
Birmingham City will be deducted nine points by the English Football League for breaching profitability and sustainability rules, reports BBC WM.
The sanction would see Blues drop from 13th to 18th in the Championship, five points above the relegation zone with eight games to play.
Losses in excess of £13m per year over a three-year period are not accepted under EFL rules.
An Independent Disciplinary Commission considered the matter on Monday.
There is no official confirmation of the punishment from the EFL at this stage, but it is understood that there will be no further financial penalties for the club, nor would they be under a future transfer embargo relating to this issue.
They are the first club to be deducted points since the EFL introduced their new profitability and sustainability regulations at the start of the 2016-17 season.
In January Birmingham revealed a £37.5m loss to the end of June 2018, largely a result of their wage bill rising from £22m to almost £38m.
They were put under a transfer embargo and allowed to make just one pre-season summer signing, defender Kristian Pedersen, and have since continued to work closely with the EFL.
The embargo was lifted before Championship clubs were warned at a meeting in September of potential penalties - as high as 21 points - for breaches of spending regulations.
Blues had, by then, been given permission to sign five more loan players in August, but they were allowed only one signing in January.
Birmingham City will be deducted nine points by the English Football League for breaching profitability and sustainability rules, reports BBC WM.
The sanction would see Blues drop from 13th to 18th in the Championship, five points above the relegation zone with eight games to play.
Losses in excess of £13m per year over a three-year period are not accepted under EFL rules.
An Independent Disciplinary Commission considered the matter on Monday.
There is no official confirmation of the punishment from the EFL at this stage, but it is understood that there will be no further financial penalties for the club, nor would they be under a future transfer embargo relating to this issue.
They are the first club to be deducted points since the EFL introduced their new profitability and sustainability regulations at the start of the 2016-17 season.
In January Birmingham revealed a £37.5m loss to the end of June 2018, largely a result of their wage bill rising from £22m to almost £38m.
They were put under a transfer embargo and allowed to make just one pre-season summer signing, defender Kristian Pedersen, and have since continued to work closely with the EFL.
The embargo was lifted before Championship clubs were warned at a meeting in September of potential penalties - as high as 21 points - for breaches of spending regulations.
Blues had, by then, been given permission to sign five more loan players in August, but they were allowed only one signing in January.
Paris
Well-known member
'arry loves his wife 'too much!'. He's got a free pass from me