Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Please only use this forum to discuss football related matters. Non football related posts will be removed to the correct forum. Please respect your fellow posters at all times and refrain as much as possible from the use of bad language.

Topic author
Eddie70
Posts in topic: 1
Posts: 17
Joined: 23 Jul 2021 17:40

Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by Eddie70 »

Reading could be docked as many as nine points for breaching Profit and Sustainability rules laid out by the English Football League.

It comes as the club continues talks with the EFL over resolving serious financial issues which have mounted up in recent years.

Royals have been operating under a transfer embargo the past two seasons for breaking P&S rules and have been very limited in what they can do in the transfer market.

READ MORE: Darren Ferguson speaks out on Christy Pym after dressing room bust-up after Reading FC loss

A report in the Telegraph says talks between the club and EFL are at 'an advanced stage' and that 'an agreed sanction is close' which would result in a points deduction of 'between six and nine points.'


https://www.getreading.co.uk/sport/foot ... n-21640514



User avatar

monmouth
Posts in topic: 1
Posts: 2050
Joined: 09 Jul 2020 17:04

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by monmouth »

“Agreed”?? Who are the governing body here? Don’t they have sentencing power? If the defendant appeals and loses the sanction should be doubled
These users thanked the author monmouth for the post:
MajorR



User avatar

Richard
Posts in topic: 1
Posts: 279
Joined: 03 Jul 2020 20:35

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by Richard »

Meanwhile the big six were fined a combined £22 million for trying to breakaway. No points deducted. What a load of crap.
These users thanked the author Richard for the post:
MajorR




STID2017
Posts in topic: 1
Posts: 550
Joined: 29 Jun 2020 19:33

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by STID2017 »

What about Stoke ?
How can they be allowed to spend so much and get away with it ?



User avatar

Dr. Winston
Posts in topic: 1
Posts: 1088
Joined: 27 Jun 2020 16:36

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by Dr. Winston »

STID2017 wrote:
23 Sep 2021 16:27
What about Stoke ?
How can they be allowed to spend so much and get away with it ?
Probably with substantial sponsorship income from Bet365.


"Pain or damage don't end the world. Or despair, or fuckin' beatings. The world ends when you're dead. Until then, you've got more punishment in store. Stand it like a man... and give some back"

User avatar

Squarebear
Posts in topic: 1
Posts: 167
Joined: 09 Jul 2020 23:40

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by Squarebear »

I read this article a year ago which described Stoke's financial strategy. It seems to amount to kicking the can down the road (transfer costs amortised, loan out fees declared as immediate income). So rather than sell players they stay within FFP rules by loaning out the unwanteds.

https://www.stokesentinel.co.uk/sport/f ... ds-3758578




bakajack
Posts in topic: 1
Posts: 531
Joined: 29 Jun 2020 12:27

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by bakajack »

So many clubs are making a mockery of the FFP rules in the championship at the moment because the FA are simply too soft in enforcing them and bringing clubs to account. Derby should never have survived last season on a technicality at Wycombe's expense, surprise surprise new season isn't even 2 months old and they go into administration. If I was at all involved with Wycombe I would be furious.

Considering the way that we have acted financially since coming down to the Championship compared to many others who have been trying to get out and have come down either with or after we did. Stoke's financial management has been so very much in the muddiest of waters rather than being transparent and yet they still spend and spend.
These users thanked the author bakajack for the post:
MajorR




MajorR
Posts in topic: 1
Posts: 318
Joined: 10 Aug 2020 22:04

Re: Reading FC 'set for points deduction' for breaching EFL Profit and Sustainability rules

Unread post by MajorR »

Football League need to get a grip. I suspect Covid is a factor in the punishments being on the light side as clubs will highlight the drop off in revenue and claim they would have balanced the books etc blah blah blah, but some clubs are following the rules and others playing fast and loose.



Post Reply