As I understand it the appeal was successful because Leicester’s accounting period finished after they were relegated and ceased to be a member of the Premier League. This meant it was impossible to say when their supposed overspend occurred. For example it may have occurred between that period between relegation and end of accounting period. I don’t see how this would apply to Everton but I am not sure with respect to Forest. It seems to be a very specific situation and came about as a result of Leicester innocently changing there accounting period.
I don’t believe that is the case unless their accounting period also ends after their membership of the Premier League has ended. I suspect that the Premier League will act to prevent this from happening again this season if possible.So this season… the three teams that go down can spend what they like when they are not members and therefore KNOW they can’t be punished !?
It’s certainly not fair but an excellent piece of work from Leicester’s legal team.So in other words, they’ve played on an interpretation of the rules (read a line from the hearing) and that’s got them away with it, yet they explicitly said that wording is not relevant nor a defence for ours. It’s just rotten
It is the wording of the verdict.I don’t believe that is the case unless their accounting period also ends after their membership of the Premier League has ended. I suspect that the Premier League will act to prevent this from happening again this season if possible.
How can we be punished then, when 100% most of our 3 year accounting period was NOT under Premier League jurisdiction?As I understand it the appeal was successful because Leicester’s accounting period finished after they were relegated and ceased to be a member of the Premier League. This meant it was impossible to say when their supposed overspend occurred. For example it may have occurred between that period between relegation and end of accounting period. I don’t see how this would apply to Everton but I am not sure with respect to Forest. It seems to be a very specific situation and came about as a result of Leicester innocently changing there accounting period.
It’s certainly not fair but an excellent piece of work from Leicester’s legal team.
And resulted in a lower allowable limit as well. It's a fecking disgrace.How can we be punished then, when 100% most of our 3 year accounting period was NOT under Premier League jurisdiction?
This DeMarco fella ... Clearly not the best man for the job
Did he, well there's a thingHe acted for Leicester didn't he?
Thank you Fulhamred. I will have to read the report again so that I can better understand the reasons behind the outcome.It is the wording of the verdict.
The EPL made all accounting periods the same 30th June. This is after the playoff final and so Leicester would have ceased to be EPL members. This is the basis of their “win”
However, surely it’s common sense that they were EPL members for the majority of the period and so perhaps they should pro rata the accounting period between EPL and EFL in the least.