Thursday , April 25 2024

Tag Archives: Finance

Nottingham Forest reaction to Premier League points deduction!

Nottingham Forest react to the Premier League points deduction by an Independent Commission! Nottingham Forest is extremely disappointed with the decision of the Commission to impose a sanction on the Club of four points, to be applied with immediate effect. Notwithstanding our disappointment, we thank the Commission for agreeing to …

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Nottingham Forest deducted four points by independent Commission!

An independent Commission has applied an immediate four-point deduction to Nottingham Forest FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs) for the period ending Season 2022/23. Nottingham Forest was referred to an independent Commission on 15 January, following an admission by the club that it …

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Premier League & its clubs agree implementation of new League-wide financial system!

At a Premier League Shareholders’ meeting today clubs agreed to prioritise the swift development and implementation of a new League-wide financial system. This will provide certainty for clubs in relation to their future financial plans and will ensure the Premier League is able to retain its existing world-leading investment to …

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Leicester City reacts to CFRP judgement on its financials!

Today on Wednesday, March 6, the EFL has published a decision of the Club Financial Reporting Panel (CFRP), which confirms that the EFL’s Club Financial Reporting Unit (CFRU) acted outside of its powers in its dealings with Leicester City in November 2023. Although the Club is pleased that the CFRP’s …

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EFL statement on CFRP judgement of Leicester City financials!

Earlier this season, based on financial information submitted by Leicester City FC, the EFL’s independent Club Financial Reporting Unit (CFRU) concluded that the Club was forecasting to breach the Profitability and Sustainability (P&S) loss limits for the three-year period ending with financial year 2023/24. The CFRU determined that it was …

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Independent Commission reduce Everton FC point deduction to 6 points!

An independent Appeal Board has concluded that the sanction for Everton FC’s breach of the Premier League’s Profitability and Sustainability Rules (PSRs), for the period ending Season 2021/22, will be an immediate six-point deduction. This follows the club’s appeal of an independent Commission’s decision in November 2023 to impose a 10-point deduction …

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arunfoot/SportsKhabri: Candid Football Conversations #144 Is club football in India loss making?

Candid Football Conversations returns with Arunava Chaudhuri looking at what could be the reasons that club football in India is loss making. Candid Football Conversations is a collaboration between arunfoot and SportsKhabri.

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UEFA Club Finance and Investment Landscape Report released!

Now in a new format and with a fresh look, the report again provides the most authoritative, detailed, and comprehensive review of the European football finance landscape. As highlighted in the autumn’s sister ‘European Club Talent and Competition Landscape Report’, interest in European football has never been so high, with …

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arunfoot/SportsKhabri: Candid Football Conversations #121 Hyderabad FC financial issues!

Candid Football Conversations returns with Arunava Chaudhuri besides Rahul Naresh of SportsKhabri discussing the current financial problems facing Indian Super League side Hyderabad FC. Candid Football Conversations is a collaboration between arunfoot and SportsKhabri. The more one gets to know about the situation & internal info at #HyderabadFC, the more …

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