[Football] Leicester FFP Fine - £3.1m

[Postman Pat]

Leicester City will pay the Football League £3.1m after settling a Financial Fair Play (FFP) dispute from the 2013/14 season when the club won the Championship.

The Foxes exceeded the permitted £8m loss when they won promotion.

They posted a loss of £20.8m but said £13m of it was "allowable" as it included promotion and academy costs.

The EFL said that Leicester "did not make any deliberate attempt to infringe the rules or to deceive".

It added: "The dispute arose out of genuine differences of interpretation of the rules between the parties."

Leicester had legally challenged the charge of breaching FFP rules, but proceedings were halted pending the outcome of a legal challenge by Queens Park Rangers in May 2015 that is ongoing.

http://www.bbc.co.uk/sport/football/43146018

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Doesn't seem like much of a deterrent under the circumstances......

 

[KZNSeagull]

The £50m+ QPR should be paying will be though.

The money is supposed to be going to charity, not the Football League.

 

[Horton's halftime iceberg]

Wow - FFP really doesnt mean much they way outspent in the championship.

 

[severnside gull]

Aren't Bournemouth also due a fine from their promotion season or did I imagine that?

 

[Stat Brother]

That'll learn them.

 

[BBassic]

So they'll just use the money they weren't paying Mahrez whilst he was throwing his toys out of the pram, pay off the fine and consider it a lesson learnt.

 

[Easy 10]

Aren't Bournemouth also due a fine from their promotion season or did I imagine that?

They've already had their fine, £7.1m I believe.

I'm sure they were distraught. That's almost half an Ibe.

 

[DerekZoolander]

Aren't Bournemouth also due a fine from their promotion season or did I imagine that?

Didn't get a fine, everyone decided that they were too plucky to be fined.

 

[Tim Over Whelmed]

So you get a £3.1m fine due to overspending to get a £160m bag of cash in the EPL?

 

[Easy 10]

This is the SECOND time Leicester have cheated to get promoted to the Premier League btw. They were relegated from the PL in 2002 and went into administration, yet got a free stadium that summer AND retained their PL squad for a tilt at going straight back up. Nice. They were duly promoted at the end of that season, taking 6 points off us in the process, whilst we were relegated at Grimsby that season, 5 points from safety.

Triffic club.

 

[Stat Brother]

So you get a £3.1m fine due to overspending to get a £160m bag of cash in the EPL?

Chances are (scarily) you're missing a 0 from that estimate of what they've earned since cheating their way to a promotion.

 

[Tooting Gull]

Joke fine, that. So they overspent by £12million. And have probably spent at least double the eventual £3m fine on lawyers. No deterrent, given the riches for gambling and breaking the rules to get to the Prem League. And is there a single person who believes that bit about 'no deliberate attempt to infringe the rules or deceive'?

 

[Brovion]

What a deterrent! (not). It's like that time Lampard or Terry (can't remember which one) got fined something like £75 for parking in a disabled space. The term 'fleabite' is an insult to fleas.

 

[Kinky Gerbil]

So you get a £3.1m fine due to overspending to get a £160m bag of cash in the EPL?

plus 40 million from CL

 

[GT49er]

£3.1M - wow! Don't know if they'll be able to survive a blow like that................

 

[Blue Valkyrie]

Leicester - the club that fielded a £45 million team in the Checkatrade Trophy earlier this season [emoji38]ol:

 

[nicko31]

Takes the shine off their title in my book

 

[middletoenail]

We've probably written off at least £1m of that for borrowing Ulloa for 4 months!

 

[Tricky Dicky]

The money is supposed to be going to charity, not the Football League.

That was only ever going to be as likely as £350m a week EU money going to the NHS. Surely nobody believed it.

 

[LowKarate]

So you get a £3.1m fine due to overspending to get a £160m bag of cash in the EPL?

You make it sound so underhand.