Leicester's now legendary lawyer slams PL bosses as C'ship targets Foxes
Leicester City's now legendary lawyer Nick De Marco has slammed Premier League bosses. The King's Counsel did not agree with the division's public comment which was released after losing their case to the Foxes. A thoroughly 'disappointed' press statement emerged from the EPL post loss. Yet De Marco labelled the league's behaviour as over-the-top after they apparently 'did not accept' the independent panel's verdict. What has been said on both sides?
In other King Power news, the Guardian claim that leaders of the Championship are also targeting the Leicestershire team. Although, England's second tier shall await the Foxes' fate before potentially penalising the club. And the big wigs of that league are supposedly angling on LCFC being relegated before doing so. It seems like negativity is coming at Leicester from all angles sometimes. Which is especially annoying when it is your own competitions singling you out. What was stated exactly? And what happens next?
Even the cynical Championship wants its pound of flesh from Leicester City
C'ship chiefs appear to be so 'determined' to enforce their regulations. I suspect this is precisely because the Premier League failed in pursuing their own Profit and Sustainability Rule-breaking case. The EFL, along with their richer superior, seem to be gunning for Leicester.
But City are no pushover, as the bigger entities and their administrators have learned over the years. The latest upset caused by the Foxes was defeating the PL in court. It seems English Football supervisors won't allow the east Midlands outfit to get away embarrassing them. Nor are so-called breaches of their financial laws permitted in spite of a ruling.
"The English Football League wants to charge Leicester over the alleged breach of profitability and sustainability rules (PSR) the Premier League was blocked from pursuing this month, if the club are relegated.
The EFL is understood to be seeking legal advice after an independent commission ruled the Premier League had no jurisdiction to charge Leicester for overspending during the 2022-23 campaign."
What's next, you ask? Well, LCFC have been in dispute with the EFL for a while now and must submit 2023/24 accounts no later than December 31. The club did record losses for a couple of years. However, upper management 'remain confident of avoiding a breach'. The Guardian state that the Championship opted not to be interviewed - silence which speaks volumes if you ask me!
Nick De Marco criticises inconsistent Premier League head honchos following Foxes dispute
De Marco is becoming a bit of a cult hero at KPS. And rightly so. He and his staff's ingenuity was clearly instrumental in City avoiding, or evading, an arguably unfair and unnecessarily severe punishment.
And the notable attorney was not impressed with the PL's conduct over the course of proceedings. He also asserted that many of its "remarkable" regulations were "badly drafted":
"You have all these strange inconsistencies. It’s remarkable to me that the Premier League didn’t think about this before, and you can see from their rather over-the-top press statement that they don’t accept it.
- Nick De Marco
But their own argument to the panel was, ‘Look, we accept our rules are really badly drafted so can you help us out?’ Which isn’t the argument of someone who’s been very careful and is very confident about their own rules.
Some people say it’s a technicality, a loophole. “But it’s much more than that in this case because you are relegated on June 13 and your account end is June 30.
You know that football’s main business is in the summer transfer window, which starts on June 14. So you’ve got two weeks in which you can spend or sell for tens or hundreds of millions, and what you do in those two weeks will be determinative of whether or not you have breached the rules.
Then imagine a club that’s been completely prudent and is heading to be well within the £105m limit and it’s faced with relegation and it thinks: ‘Okay, we’ve got a lot of players coming out of contract, we’re going to the Championship and we’ve got to get straight back up.’
So they spend £50m on a couple of the best strikers and that puts them over the limit. They’re over the limit after they’ve left the Premier League. So when you think about it, it’s not a technicality or loophole. The question is when does the breach occur, and the breach only occurs at the end of that period and that period is after the club is in the Premier League."
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