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What New Premier League FFP Decision Means For Arsenal, Chelsea With Man City Verdict Wait

BET ODDS: 5 Teams To Predict This weekend

It is less than one full month into the 2024/25 Premier League season and the off-field financial battles have already started. Three rounds of matches into the new campaign and financial fair play has reared its ugly head once more.

For Leicester City, it’s good news. Steve Cooper’s side could hardly afford to be docked points having only picked up the one in a tough opening set of games before the first international break.

Having been charged with alleged financial breaches last term, despite being in the Championship at the time, Leicester were one of several sides with an FFP fight on their hands over the summer. That is set to yet again be a common thread throughout this year after 12 months of debate and controversy around the rules.

After Everton became the first team to be deducted points for infringements of the now much-maligned Profitability and Sustainability rules (PSRs), charges against Nottingham Forest and even Sheffield United followed. EFL-side at the time, Leicester, were caught up in it too.

The regulations, which only allow for £105million of combined losses across a rolling three-year period, are more straightforward and clearcut than those which Manchester City are alleged to have broken over a decade. However, a precedent for PSR tussles has now been set.

For Arsenal, this is something they will be watching closely. The Gunners have been one of City’s biggest challengers in recent years and would stand to benefit from any possible sporting sanction they might receive if found guilty of any of their own, separate, 115 financial charges.

As well as points deductions, the league has the scope to heavily fine as well as strip titles and even relegate teams. There is uncertainty for City, who are not accused of breaking PSRs, but instead of irregularities and accounting coverups to improve their financial position.

This is extremely different to the war against the league that Leicester had to take, and the outcome statement expresses that. “Leicester City has won its appeal against a decision that an independent Commission had jurisdiction to consider an alleged breach by the Club of Premier League Profitability and Sustainability Rules (PSRs)” read an announcement on Tuesday, September 3.

“The Premier League first referred the Club to an independent Commission in March 2024 for an alleged PSR breach relating to the assessment period ending 30 June 2023. The Commission dismissed the Club’s initial challenge to its jurisdiction to hear the case, but the Club’s challenge has now been upheld by an independent Appeal Board, which reversed the Commission’s finding.

“Leicester City welcomes the Appeal Board’s comprehensive decision, which supports our consistently stated position that any action against the Club should be pursued in accordance with the applicable rules.

“To avoid any misunderstandings which may arise in light of the statement which has been issued by the Premier League in response to the appeal decision, Leicester City wishes to emphasise the finding of the Appeal Panel that, when considering the wording which is actually used in the Premier League rules (in accordance with established principles of English law) the Club did not breach the Premier League PSRs for the assessment period ending 30 June 2023.

“In its decision, the Appeal Board (which was made of up a panel of three experienced, senior lawyers, two of whom are former Court of Appeal judges) identifies flaws in the drafting of the Premier League’s rules. In challenging the Premier League’s attempts to charge Leicester City, the Club has simply sought to ensure (in the interests of providing consistency and certainty for all clubs) that the rules are applied based on how they are actually written.”

 

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Southwest Zonal Eliminations:  Lagos Records Big Wins In Handball, Hockey, Football, Basketball

 

Lagos handball teams delivered impressive wins against Oyo State on day one of the South-West Zonal Eliminations of the National Sports Festival, holding in Ibadan, Oyo State.

The men’s team eased to a commanding 40-14 victory before the women’s team secured 23-15 victory at the handball court of Ilaji Hotels and Sports Resort, Akanran.

In Basketball, Lagos women’s team defeated Ondo 47-39 after a show of resilience, commitment and determination in their first match. Their second match is against Oyo State on Wednesday (today).

Lagos hockey team also recorded wins in their games. The women’s team thrashed Oyo 3-0, while the men’s team lone goal was enough to secure three points against Ekiti.

In beach volleyball, Lagos proved the level of their performance and conveniently dispatched Oyo 2-0. In football, Lagos female team defeated Oyo 1-0 courtesy of a goal from Bada Mistura in a game played inside the main bowl of the Liberty Stadium. The male team were later forced to a 1-1 draw against Ekiti

Speaking on the first day of the South-West Zonal Elimination Ball Games, the Director General, Lagos State Sports Commission, Lekan Fatodu noted that the athletes have demonstrated exceptional capacity and dominance over their opponents.

“So, I think it’s a good one for Lagos state.It is the first day of the zonal elimination qualifiers. With what we have experienced today in terms of the outcomes from the different Games. We are very optimistic and positive that at the end of the day we’re going to come victorious overall.”

Fatodu added that the performance of the state athletes in their different games has been thrilling and exciting, especially with the presence of personnel of the Lagos State Sports Commission, serving as a morale booster and source of encouragement to keep soaring high.

“With what is playing out, it’s going to yield a positive results. From what we have gathered today, they are particularly appreciative and they have confide that our presence means so much to them in terms of their mental positivity, approach towards the Games and in terms of their attitude on the field of play. It is expected that it will yield positive results for us”, Fatodu submitted.

The Director General further reiterated that, “We are not in any way in doubt that our athletes will show very, very well. Because of the fact that all the necessary things that they need to do well have been provided by Mr.Governor Babajide Olusola Sanwo-Olu. We need to thank Mr. Governor for his commitment and always supporting sports in terms of logistics, welfare, transportation, feeding, and security. Everything is top-notch”.

Team Lagos will continue to bank on the records of dominance at the South-West as the qualifiers inch towards its conclusion, with the chance to secure slots for all ball games at the 22nd National Sports Festival – the ‘Gateway Games’ billed for Abeokuta, Ogun State in May.

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Elo Akose, NDSF logo designer celebrates his emergence

 

 

Elo Akose, the winner of the Niger Delta Sports Festival (NDSF) logo design competition, has expressed delight to see his work gaining national traction through extensive media campaign as preparations for the festival heightens.

 

Akose, who received a reward of N250,000 prize money, commended the organisers of the contest for providing a platform for youths to showcase their artistic talents in design.

 

Akose’s entry emerged the best from over 300 others that were submitted to a panel of judges set up by the project consultants, Dunamis Icon, weeks ago. The design has since been officially put to use.

 

“I counted myself lucky to have had my entry selected from the over 300 submitted by other contestants and would like to thank the organisers of the Niger Delta Sports Festival for the opportunity given to all of us, the contestants to be part of this project,” Akose told NDSF Media.

 

Akose works with Smax Digital Prints and holds a Bachelor of Science degree in Education (Economics) from the Delta State University.

 

The NDSF, the first intervention of the Niger Delta Development Commission (NDDC) as part of its 25th anniversary, will hold in Akwa Ibom State from April 1 to 9. Over 3,000 athletes are expected to participate in 17 sports.

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Commonwealth Games, Nigeria holds drug-abuse seminar for secondary schools

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