We argued that's what we're over by. The PL disagreed.
Rumour is we're over this by £9mill too.
The thing is at the pre-trial hearing we admitted even with both the Stadium interest and Transfer levy we were still over by £7.9m.
37. 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. The Premier League challenged
Everton’s case in its Amended Reply. It rejected the claimed entitlement to
the additional exclusions, and rejected the claimed mitigation, arguing
instead that the reality was that there were aggravating factors. It put
Everton’s breach of the PSR threshold at £124.5 million.