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Make my words Cardiff will go into liquadation if they dont go up this season.
From what i have understood there will be a 10 point deduction.
If they waited to go into admin in March then they would have had the 10 points deducted at the start of the next season.
Had they gone into admin twice within 18 months the penalty would be more severe. The premier league and football league act
together on this issue since 2003. However today's admin comes 2 years later so that extra penalty should not apply.
However the rules are still discretionary if the football league feel they have 'flaunted' the situation to avoid creditors.
To summarise 10 points definite with a further penalty only possible.
Werent people saying that last season ?
Always was going to be 10 points no rule exists to dock them more for going into administration twice - it's a myth.
It is 10 points now on bbc site http://www.bbc.co.uk/sport/0/football/16943651
It also emerged electricity and gas suppliers have been threatening to cut off power to the club's Fratton Park stadium for non-payment.
You couldn't make that up! :facepalm:
The club have had their SKY cut off!
Not so. Twice within 18 months IS the rule for further punishment (i.e. points deducted or automatic relegation)
The FA do not deduct points, it's the football league or the premier league authorities. Both have a working pact to act consistently.
Pompey have put themselves into admin before March and the last time it happened was more than 18 months ago.
So the only chance of a further reduction in points is the 'discretionary' one.
According to the bbc website, the PL prematurely paid a part of their parachute payment. , in January. Now, if this was part of an attempt to help them to avoid folding, it raises some questions:-
Firstly, it is preferential treatment, that interferes with a just outcome of another league;
Secondly, was it conditional, to enable payment to creditors, in particular to HMRC - in which case, why did they not pay it? If they defaulted on an agreement, the FL may take a dim view;
Thirdly, why did the PL not insist that they sold some players, to facilitate payment to creditors? If they did, then Pompey have defaulted again; if they did not ( make a condition), why not? They have saleable assets, so a premature payment of parachute money is effectively acting with favouritism towards a specific club. They don't offer loan facilities to other clubs, or do they?
Fourthly, that payment is now sitting in their bank account, believed to be circa £3M in the black. This was frozen when, in January , HMRC raised the petition to freeze their assets , because of outstanding tax bills. As a result of that freeze, in jan, Pompey have been unable to pay their players.....until today, the administrators will now be able to access those funds in order to run the club. Ironically, this now means that they can pay the players, with money from the premature PL parachut payments, yet they are not obliged to pay their taxes! So they get to hold onto the best players, that they can't afford, with money given to them by the football league authorities!!
Meanwhile , we have sold everyone bar the youngsters.
The FL need to respond accordingly.
Having said all of this, I do sympathise with their fans, when the club has been so badly run.
There is no point having financial fair play rules, if other aspects of financial control are so lacking, and it enables clubs to exploit weak footbal league management- and complicity!
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