The new start for the NSNO Everton forums
https://www.nsno.co.uk/
This has been confirmed at today's PL AGM:
https://www.premierleague.com/news/4034099At the Premier League’s Annual General Meeting today, clubs agreed to trial an alternative League-wide financial system next season (2024/25) on a non-binding basis.
The existing Profitability and Sustainability Rules (PSR) will remain in place, but clubs will trial Squad Cost Rules (SCR) and Top to Bottom Anchoring Rules (TBA) in shadow.
This will enable the League and clubs to fully evaluate the system, including the operation of UEFA’s equivalent new financial regulations, and to complete its consultation with all relevant stakeholders.
The overall system aims to improve and preserve clubs’ financial sustainability and the competitive balance of the Premier League, promote aspiration of clubs, facilitate a workable alignment with other relevant competitions and support clubs’ competitiveness in UEFA club competitions, while providing certainty and clarity for clubs, fans and stakeholders.
SCR will regulate on-pitch spend to a proportion (85 per cent) of a club’s football revenue and net profit/loss on player sales.
TBA is a League-level anchor linked to football costs, based on a multiple of the forecast lowest central distribution for that season. It is designed to be a pre-emptive measure to protect the competitive balance of the Premier League. This protection is intended not to have an impact unless significant revenue divergence of clubs occurs.
Just means clubs like Chelsea can keep cooking their books by selling their own assets to themselves to get around P&S rules.Toddacelli wrote: ↑Fri Jun 07, 2024 6:32 am So what does this mean?
Like the post-match red card bans we’re the only soft cunts getting done again?
Ah. Operation ‘Protect Your Six’. (both meanings intended) Understood. Makes perfect sense. Absolute filthy bunch of dirty corrupt cowards.Bluedylan1 wrote: ↑Fri Jun 07, 2024 6:37 am Just means clubs like Chelsea can keep cooking their books by selling their own assets to themselves to get around P&S rules.
And it reinforces the idea that the financial rules in football are less about right/wrong, and more about what you can get away with.
Just to note the prem tried to close the loophole, the clubs voted not to in a majority.Toddacelli wrote: ↑Fri Jun 07, 2024 6:45 am Ah. Operation ‘Protect Your Six’. (both meanings intended) Understood. Makes perfect sense. Absolute filthy bunch of dirty corrupt cowards.
Why can't we have nice things?777Kidnappings wrote: ↑Fri Jun 07, 2024 12:10 pm Chelsea have hotels. They don't need to sell players
Probably on Park Lane and Mayfair, and as an Evertonian we’ll land on Park Lane, then throw a double one.777Kidnappings wrote: ↑Fri Jun 07, 2024 12:10 pm Chelsea have hotels. They don't need to sell players