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Football Finance

What is the criteria for the twelfth spot in UEFA do you know?
It's down as TBC
What happens if the winners of this year's Champions League are already on the list?
It goes to the next eligible on the 4-year list which I think will be RB Salzburg
 
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Surely the 24/25 winners?
Nope.

Last 4 winners of UCL 20-21 / 21-22 / 22-23 / 23-24
Top 8 highest ranked eligible clubs on 4-year cumulative list

We are currently ranked 7th but not eligible as two clubs from England have pre-qualified as Champions
 
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England: Chelsea & City
Spain: Real Madrid & Barca/Atletico
Italy: Inter & Juve
Germany: Bayern Munich & Dortmund
Portugal: Porto & Benfica
France: PSG

+1 either as 23/24 not in the list above or next eligible French/Austrian/Belgian/Dutch/etc team.

Arsenal would qualify if they were winners of 23/24 (all three English teams qualify as winners)
 
Leicester City have been charged by the Premier League with allegedly breaking spending rules during their last three seasons in the top flight.

Leicester have been referred to an independent commission for breaching profit and sustainability rules (PSR) and failing to submit audited finances.

If found guilty the Championship high-flyers could face a points deduction.

The Foxes are also subject to a separate financial probe by the English Football League (EFL).

Leicester, who were relegated at the end of last season, said they are "surprised" and "disappointed" by the timing of the Premier League's actions, when the club is not in the top flight.

The club added they would "defend" themselves "from any unlawful acts by the football authorities, should they seek to exercise jurisdiction where they cannot do so".

"LCFC remains willing and eager to engage constructively with the Premier League and the EFL to seek the proper resolution of any potential charges, by the right bodies, and at the right time," the Foxes continued.

Leicester are yet to make their accounts for their last season in the Premier League publicly available, but in the 12 months up to May 2022 they lost a club-record £92.5m.

A year earlier, in the season that they lifted the FA Cup for the first time, the club reported a pre-tax loss of £33.1m.

Top-flight rules permit clubs to make losses of £105m over a three-year period, or £35m per campaign, before facing sanctions.

Leicester follow Everton and Forest​

Both Everton and Nottingham Forest have faced similar charges relating to accounts up to 2022-23, with the Reds found guilty and hit with a four-point deduction on Monday.

Everton were docked 10 points in November - which was reduced to six on appeal - for previous PSR breaches, and are waiting on a potential second punishment relating to the assessment period ending with their 2022-23 accounts.

While both Premier League clubs were required to submit their accounts by 31 December under new rules designed to speed up the reporting process and ensure any penalties were imposed during a season when the alleged transgression took place, Leicester were not required to do so after dropping out of the league.

And because Leicester were not part of the Premier League when the 'new standard directions' were adopted, which also prescribe a timeline when cases should be heard, the independent commission will set the timescale.

It means that the case, including any appeals, could run beyond the end of this season and may see sanctions, if applicable, enforced next season.

A second financial probe​

Leicester are now involved in dealing with two financial investigations, with the club the subject of an ongoing English Football League inquiry into a possible breach of PSR rules relating to the ongoing season.

The club were forecast to breach loss limits for the ongoing three-year term.

Leicester say they have "repeatedly demonstrated [their] commitment to the P&S rules through [their] operating model over a considerable period".

In 2018 they had to pay the EFL £3.1m after settling a Financial Fair Play dispute from the 2013-14 season when the club won the Championship.
 
I'm guessing any points sanction on Leicester would be imposed as and when they are promoted, I don't imagine the EFL would impose a penalty on them in their league, especially if they are already investigating them.
But it's right that they be charged - the idea that a yo-yo club could keep breaching the rules of each league but not be sanctioned because they are not in that league when found guilty just doesn't sit right.
 
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Everton will eventually have a Sunderland style plummet. Their squad is shit, they'll be servicing the stadium costs for years and they're simply not well to run enough to do that and remain in the PL. They have benefitted from the promoted clubs being poor. It only takes two decent clubs come up and survive in the PL Everton to be gonners.
 
Everton’s accounts include a warning from the auditors about “going concern” (ie the risk they may go bust). The wording is very similar to what was in our accounts in the death throes of the Hicks and Gillett régime, when we were on the brink of collapse. More than that, there is lengthy discussion about this risk in the club’s own commentary - basically they’re up against a cash flow shortfall in Q3 of this year (I.e, summer) whether they stay up or not, and some of their loans could be called in if they are relegated. In the event of relegation, they will need a huge cash inflow, especially if their debts are called in.
TLDR - they are fucked if the takeover doesn’t go through, and they are fucked if 777 turn out to be as shady as they appear. And they are fucked every which way if they are relegated. Administration looks anlmost inevitable in that situation.
And they look to be on a sticky wicket on PSR too. These losses are much higher than I thought they would be.
 
Yet they’ll play out of their skins when we cross the park. That’s my only “going concern” with that team currently …
 
The three clubs charged are at the top of that table. Villa cant be far away from getting in trouble? @Beamrider
Villa have been OK the last few years because of the profit they made on Grealish, but they've had to rein in their spending the last couple of windows and there is talk they may have to make sales in the summer to stay within the limit. They also had to sell Cameron Archer this year, when I imagine they'd rather have kept him.
I suspect they don't have that large a wage bill, relative to the other teams in the top 5/6, but their issue is they don't make much money at the top line. Getting Champions League could be the difference between keeping their very best players and having to do a fire sale, but even then they will be way over the UEFA limits so they're likely to have some income withheld (be interesting to see what UEFA does to Newcastle this year on the same basis).
 
For comparison on wages (these are 2022 figures and include all staff, not just players).

Man U £384m
LFC £366m
City £354m
Chelsea £314m
Spurs £209m
Arsenal £206m
Leicester £182m
Newcastle £170m
Everton £162m
Villa £137m
West Ham £135m
 
For comparison on wages (these are 2022 figures and include all staff, not just players).

Man U £384m
LFC £366m
City £354m
Chelsea £314m
Spurs £209m
Arsenal £206m
Leicester £182m
Newcastle £170m
Everton £162m
Villa £137m
West Ham £135m

Would be interesting to see how the wage bill progresses over the next couple of years with some high earners in the squad & coaching staff no longer at the club. I expect us to drop down to # 4 or 5 in the list by the end of next season.
 
Would be interesting to see how the wage bill progresses over the next couple of years with some high earners in the squad & coaching staff no longer at the club. I expect us to drop down to # 4 or 5 in the list by the end of next season.
Ours was £373m in 2023. Bear in mind that was a poor year on the pitch, but with Mo's new deal. As long as media income keeps rising, wages will follow.
 
Ours was £373m in 2023. Bear in mind that was a poor year on the pitch, but with Mo's new deal. As long as media income keeps rising, wages will follow.

Trent will because a bumper deal soon.
 
Trent will because a bumper deal soon.

He already gets nearly £10m so whilst defo going to cost us more it won't be _that_ big a hike.

On the balance we won't be paying Thiago £10m to sit on his arse.
 
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