You claimed earlier we deliberately manipulated the books. Even though it was said explicitly we did not deliberately breach the rules or mislead. Thats a totally unproven allegation.
So why do you keep referring to the findings when you clearly haven't even read them.
We are building a stadium and bringing much needed investment, yet are being punished on a technical accounting point regarding interest and allowable PSR infrastructure deductions, at a time of far far higher rates than when we started to build.
My question to you and the premier league, is why is a club who are constructing a new stadium being punished under sustainability rules?
Would we be in breach without the construction project?
Your long winded defences of the premier league position are tedious and its bizarre you would take their side on this after we were issued the biggest penalty in top flight history.
You clearly haven't read the report.
Even if the Premier League had allowed all of our daft PSR workarounds. The transfer levy and the Stadium interest we would still have breached PSR and would have faced a penalty.
The board admitted to the Independent panel that we breached PSR but then came out and made a provocative statement in the press. We are being played by the board.
From the report.
At the pre-trial review on 4 October 2023 both parties were given permission
to amend their pleaded cases. In its Amended Answer Everton admitted it
had abandoned its claim to be entitled to many of the additional exclusions
that it had advanced in its PSR calculation, and accepted that it had exceeded
the PSR threshold. Maintaining its entitlement to exclude the Transfer Levy
and the pre-planning stadium interest adjustment, Everton argued that its
breach of the PSR threshold was £7.9 million. It further maintained that it
was entitled to substantial mitigation.
Even with the daft PSR work arounds we still breached PSR. So please stop with the nonsense regarding the Stadium.