posted Aug 8, 2008

tykewhite,

Exactly as I see it. Its situation totally caused HMRC and the FL.

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posted Aug 8, 2008

FOOTBALL LEAGUE = IDIOTS

GOOD LUCK NEXT SEASON!!!!
(LUFC)

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posted Aug 8, 2008

I can't wait for the high rolling Premiership clubs to receive the same treatment.All we need is an early exit from European competition and their house of cards will start to tumble.

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posted Aug 9, 2008

When premiership clubs are millions (MANU nearly a billion) of sterling in debt (thats $1.6 Billion for MANU) it does seem a bit unfair that smaller clubs get shafted for going admin... But hey life is unfair worse things happen in the world.

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posted Aug 9, 2008

what rubbish that you should not spend more than u have. typical right-wing nonsense.

durr... what about mortgages? wot we supposed to do, live in the gutter?!

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posted Aug 9, 2008

comment by The Midland 20 (U11846789)

posted 46 Minutes Ago

what rubbish that you should not spend more than u have. typical right-wing nonsense.

durr... what about mortgages? wot we supposed to do, live in the gutter?!

---------------------

Rent, like any sensible person who's not commodity-obsessed would do...

Spending more than you have is what's caused a huge part of the financial crisis in this country in the first place!

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posted Aug 9, 2008

I have been a football supporter for 40 years and I have to say that the League 2 point deductions this season seem to be most unfair and Draconian in nature.
I'll admit to having a little chuckle when Leeds got deducted 10 points last season, but fair play to them, they got on with it and had a good season.
However, penalties of 17 and 30 points seem extremely harsh. Bournemouth were docked 10 points last season for going into administration and 17 this season for coming out of it. Where's the justice in that for the players, staff and supporters of these clubs?
There's plenty of money in football, we just need a modern day Robin Hood to ensure that it gets shared out a bit better.
The lower league clubs have proved time after time that they can compete with Premiership teams in competitions like the FA Cup, so why the massive gulf in players wages and transfer fees?
I do believe that all clubs should demonstrate financial responsibility and the Football League should have the power to audit clubs budgets and accounts to ensure that they are being run in a proper manner.
However, the Football Association, Football League and the Government should be doing all they can to support clubs such as Bournemouth, Luton and Rotherham who are clearly in difficulties.
This is our National game after all.

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posted Aug 10, 2008

it would be brilliant if a premiership club went into administration especially one of the big four.

im sickened by the fact that there is so much money in football but yet bournemouth, rotherham and luton struggle.

i agree when platini says that the premiership are money grabbers and wont give any to the lower clubs and that why there is a big gap between the premiership and the championship.

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posted Aug 12, 2008

"The sticking point with HMRC, is when, where football clubs are concerned, FOOTBALL CREDITORS receive 100p in the £.

The FL set the policy, HMRC object to that policy, and the FL then apply a penalty.

The FL have set in place a policy which will inevitably mean a 10 point penalty for going into administration, AND a further penalty for failing to achieve a CVA - a CVA which is not achieveable BECAUSE of FL rules!"

That's spot on. Clubs are stuck between a rock and a hard place... whatever the ins and outs of the causes of administration, the fact is the FL is punishing clubs for failing to fulfil FL rules when it is other FL rules that, with the help of HMRC, are preventing clubs for fulfilling the rules in the first place.

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posted Aug 12, 2008

It amazes me that FL club Chairmen are not up in arms over this nonsense. The Otton Report on the Leeds Appeal last season revealed that some 40 clubs are teetering on the brink of administration. This issue is goint to affect many more clubs. I note that a couple of newspaper columnists commented on the stupidity of the current FL rules but there is no real calamour for Haw-Haw and his cronieds to fulkly expalin what the hell they are doing. How can you have a rule that no club can possibility meet? It is almost inevitable that clubs will start to fold as potential 'saviours' decline to get imvolve knowing that they will be punished for the misdemeanours of others etc etc.

Is this what Mawhinney really wants - clubs to go out of business?

This will also mean the football creditors will not be paid 100% as is the current situation. So everyone loses.

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