Not looking good for the Worzels

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Not looking good for the Worzels

Postby barnet blue » Mon Jun 20, 2022 8:07 am

At least Cardiff spending nothing and getting in players on lower league wages know they might go down to league 1 without breaking the rules, only worry is we need fans to buy season tickets





Football finance expert discusses the threat of a points deduction for Bristol City next season



Bristol City have been working hard to significantly reduce their losses for their next set of accounts to help them meet the EFL's Profit & Sustainability regulations


Football finance expert Kieran Maguire believes Bristol City may have resigned themselves to a points deduction for next season as the Robins continue to be in discussions with the EFL over Profit & Sustainability obligations.

City posted record losses of £38.4million in December for the 2020/21 season and under the league’s P&S submissions - whereby club losses cannot exceed £39m over a three-year rolling period - it puts them right on the border for sanctions.

The 2018/19 season, in which the sales of Lloyd Kelly and Adam Webster helped City post profits of £10.9m, has kept them under the limit but next season’s submission for the 2021/22 accounts, won’t have that figure as part of the calculation.

City CEO Richard Gould has already addressed the prospect of potential punishment further down the road. Speaking to Bristol Live in January, Gould said: “We just want to be treated fairly and we have to get the argument out on the table.
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Not looking good for the Worzels

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Re: Not looking good for the Worzels

Postby pembroke allan » Mon Jun 20, 2022 9:13 am

Story goes that there are several clubs in championship that will suffer same fate....Times are changing when comes to spend spend spend by clubs in championship... this is why said parachute payments are enabling
teams to keep best players and allow them
to get best of championship players
which is going to distort league ......its already happening with more than one relegated team getting promoted when previously it didn't happen ...
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Re: Not looking good for the Worzels

Postby barry boy » Mon Jun 20, 2022 12:31 pm

Its a mockery on the words FAIR PLAY when another English club can afford to spend the amount that Bristol City are in deficit, on the wages alone of just one player.
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