New EFL rules on players wages

Looks like the EFL are continuing to improve its governance and have introduced new rules on late payments to players. Personally I'd like to see the government have something in place concerning administrations, whether its in football or business because right across the board tax revenues are being exploited and it directly affects things like the NHS.
The legal profession like some of the back street solicitors that operate around the country could with some improved governance of their own, particularly in the construction industry where its still perfectly ok to knock many vulnerable people within the community .Like St Johns Ambulance at matches, local suppliers and tradesmen,

 
Looks like the EFL are continuing to improve its governance and have introduced new rules on late payments to players. Personally I'd like to see the government have something in place concerning administrations, whether its in football or business because right across the board tax revenues are being exploited and it directly affects things like the NHS.
The legal profession like some of the back street solicitors that operate around the country could with some improved governance of their own, particularly in the construction industry where its still perfectly ok to knock many vulnerable people within the community .Like St Johns Ambulance at matches, local suppliers and tradesmen,


There is some sensible stuff in there. The add in for COVID losses will make a real difference to some clubs, and when there are rumours that up to a third of the clubs in the Championship may otherwise be in breach of the P&S rules next season it looks pragmatic too.

I agree with you that administration in football does not seem to work very well, on the whole. I suspect there are a number of reasons for it. Maybe one for the Shadow Regulator took at?

The Player Registration requirements look OK, and they have finally closed the door on amortisation, albeit a long time after the Derby horse** had bolted. The forecast loss requirement stuff looks sensible too - just far too late. Nice to see they are listening at last.

** did you see what I did there?
 
** did you see what I did there?
I did indeed and the regulars from the Saddle will like that one too.

Personally I think its been coming as they've tried everyone else but where the appointment of an Independent arbiter didnt improve anything, so in effect they've gone back to the drawing board.

Its worth noting that the football creditors rule had the desired effect early doors, and really it needed the same from the authorities and/or HMRC. Had the FSA pushed harder on the asset of community value (regarding stadia ownership) that might have provided a solution, because its quite surprising (and wholly wrong) that Mel Morris has walked away still owning PP.

Just a thought anyway
 
I haven’t given it a lot of thought to be honest but my first reaction about a points deduction is that, once again, it’s punishing the fans for the default of a rogue owner and/or a dispute between club and player.

I’d prefer it if any penalty was imposed directly and personally on the owner.

But obviously the EFL, being a members’ club, is never going to vote to penalise the members.
 
Looks like the EFL are continuing to improve its governance and have introduced new rules on late payments to players. Personally I'd like to see the government have something in place concerning administrations, whether its in football or business because right across the board tax revenues are being exploited and it directly affects things like the NHS.
The legal profession like some of the back street solicitors that operate around the country could with some improved governance of their own, particularly in the construction industry where its still perfectly ok to knock many vulnerable people within the community .Like St Johns Ambulance at matches, local suppliers and tradesmen,

I don't see how this is going to help much. Clubs like Macclesfied and others did get points deductions for not playing wages. As said above, the issue is much wider. Clubs will often pay their players (sometimes on extortionate wages) but fail to pay HMRC, non-playing staff, suppliers and local businesses. They should deduct points for non---payment of those as well. There should not be priority for players or other football creditors and others get short changed when in administration
 
I don't see how this is going to help much. Clubs like Macclesfied and others did get points deductions for not playing wages. As said above, the issue is much wider. Clubs will often pay their players (sometimes on extortionate wages) but fail to pay HMRC, non-playing staff, suppliers and local businesses. They should deduct points for non---payment of those as well. There should not be priority for players or other football creditors and others get short changed when in administration
The community aspect is a paradox I suppose ie something which is a focal point of said community fails to pay its debts to that entity, where local people are affected directly.
There must have been numerous administrations now and it remains the 'viable option' after a football spending spree goes wrong. That needs addressing directly but not by the EFL/PL/District County League etc but by the government and/or local councils.

If I don't pay my tax bill or rates then I'm pursued until I do, or face bankruptcy, disposal of assets to clear the balance. Its my fault not that of the lender,mortgage provider etc
 
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