This messageboard is for Adults 18 years and over.
If you are under this age please leave the board.
Luton Outlaws accepts no responsibility for the content of this messageboard nor any other
content posted on it.
Luton Outlaws disclaims all liability for such content to the fullest extent permitted by law.
What you read on here is 100% conjecture, fiction, lies, bullshit and complete bollocks.
If you want to be taken seriously, you are in the wrong place.
Any potentially libellous comments that might jeopardise the future of this messageboard will therefore be deleted, and the person posting them will receive a
ban.Enjoy.
New spending cap in prem
Posted by Northeasthatter on 29/4/2024, 16:29:06
I see most prem clubs have agreed to a spending cap which means that it will benefit the big 6 or 8 clubs who will always spend big now every season
It's the biggest spending clubs that have voted against or abstained actually (City, United, and Villa against, Chelsea abstained).
I don't think a fixed spending cap is the right way forward. I don't much care about a "level playing field" - it's never going to be the case that Man Utd and Burnley have the same financial power and never has been.
The problem that needs to be fixed in my opinion is the unsustainable debt-fuelled spending, signing players with money that doesn't exist, like Everton and Forest have done. That's what leads to clubs potentially going bust, creditors being ripped off etc.
PSR as it currently is is the right rule. Stupid that it's being scrapped in favour of a cap instead.
A problem with PSR is because it's based on an adjusted profit measure it's open to using loopholes to manipulate the result. E.g. how much really is spent on the youth team, women's team or infrastructure that is allowable under PSR? Or Chelsea just sell a hotel to a related party to get around the rules.
It's better in my view to have a narrower focus based on player costs. I'm sure there will be more attempts to find loopholes (image rights perhaps), but overall it limits the potential for manipulation.
Whether the limits are set well and any punishments are a deterrent is a different matter.
It won’t be that limiting on the big clubs though and will basically be irrelevant for a club like us. It will likely be 5 x the TV revenue of the bottom club which would have been over £500 million if in place for last season. Only Chelsea would have been above it with only Man City of the other clubs anywhere near breaching it. The % of turnover rules will also still be in place, so still doesn’t give free rein for clubs with wealthy backers to spend huge amounts.
The posts made on this board are the opinions of the people posting them and do not always reflect the opinion of the board
administration.
Luton Outlaws is a totally independent forum, paid for and run by supporters of Luton
Town and is not associated with Luton Town Football Club, lutontown.co.uk, lutonfc.com, Loyal Luton Supporters Club, Trust in Luton, Luton Town Supporters Club or
anyone else for that matter and is declared a 100% Tombola Free Zone.
Luton Outlaws accepts no responsibility for the content of this messageboard nor any
other content posted on it. Luton Outlaws disclaims all liability for such content to the fullest extent permitted by law.
What you read on here is 100% conjecture, fiction, lies, bullshit and complete bollocks. If you want to be taken seriously, you are in the wrong place.
Enjoy. Admin contact - dilligaf.outlaws@gmail.com.
