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I looked at Bournemouth’s transfers the other day. Surly they are going to be in trouble aswell soon. They have spend loads.
Every club cooks their books. They just have to be extra careful post EvertonGate
I looked at Bournemouth’s transfers the other day. Surly they are going to be in trouble aswell soon. They have spend loads.
So punish them. None of them are being punished at all. We know the issues have come from leadership.
Moshiri has been wanting out for years (I think this has been the 3rd exclusivity period with potential buyers since he bought us).
None of the board are even at the club anymore and weren’t even part of the hearing. So have all got off Scot free.
That doesn’t take away from the absolute tragedy of how it’s been managed by the PL and the random sanctioning process where there is zero transparency.
The IC's verdict was that Everton had acted recklessly by continuing to sign players even though we knew we had huge PSR issues. The IC's verdict was that we had misled the Premier League over Stadium funding.
The IC made clear that both the PL and EFL have a starting point that significant breaches of PSR mean a points deduction.
The biggest thing is that the way PL PSR works is that it is almost impossible to accidentally breach them. You have to act in a reckless manner.
Exactly. Zero transparency about how they got to 10 points.They said a fine wouldn't hurt our "wealthy owner". 10 points will do.
Was always going to be a precedent setter
even the new proposed rules of wages:income , some payments out will be hidden and prevaricated by some clubs, set aside in different areas of club accounts that will not attract the football side of the business. We tried but fell foul (the Jimmy Carr scenario)Every club cooks their books. They just have to be extra careful post EvertonGate
According to this they have already been in place for over 18 months now at the European levelI don't think they'll take on all of those proposals. It'll be too big a shift too soon for all clubs, including the top ones.
Maybe. But if you look at the EFL rules you can't be sanctioned on the same issue you've already been punished for. So if the PL took the Sheff Wednesday case as a blueprint for our first case, you'd think they'd be looking for guidance in the same area.
However, I still think the 10 points will stick and that will be that. Then flog Onana to hopefully balance the books for next year.
A drop in the ocean?
See, this is what I mean. Fans have been conditioned to believe that losing this amount of money is acceptable.
Sorry, but as we have said, clubs at lower levels aren't allowed to do this. All this does is protect the elite few and by that I mean 20 to 30 clubs in English football.
As regards budgets, I'd be budgeting so that any level of finish in the league was a bonus and therefore, profit.
I know that's fantasy world thinking the way football clubs are run in the Prem. but as I said, I find it hard to get my head around any business being allowed to lose 105M in a three year period.
According to this they have already been in place for over 18 months now at the European level
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Explainer: UEFA’s new Financial Sustainability regulations
We answer some of the key questions behind the new regulations, which will be introduced from June 2022.www.uefa.com
The whole question of double jeopardy is a real relevant argument. But should we be talking about a charge or the sanction?
I am far from convinced by arguments either way but one thing irrespective I think has to be factored in is that for two of the three years you have in been penalised.
I don’t think they will or even could ignore the 3 year rolling measure but if there is a guilty charge and if points deduction is the IC decision then say it’s deemed 10 points is correct for three years ( would have been more convenient if any points deduction were divisible by 3 ( 3 points, 6 points, 9 points and dare I even say 12 points ) then when you have already been charged and sanctioned for years 1&2 of the new three year charge and deduction should result in a maximum of 3 points
That said I don’t think FFP is a sound rule
The new Uefa rules that the league are looking towards, I think are even more restrictive than our current league ones. This is because the 70% ratio to income is not just wages. A club will be restricted to spending 70% of their turnover on wages AND transfer fees and agent payments. If you look at the wage ratio income now of the majority of clubs, teams either exceed it already in wages alone or if they don't they they will have nothing left for transfer fees. Player agents fees can also be 8 figures a season in some cases.
The new rules will hit us even harder I think.
A lot of talk on here about about the new Squad Cost Ratio rules coming in next season. In fact Masters stated at the Select Committee that it is still under consultation and would not in fact be introduced until the season after next (at the very earliest). He also mentioned a proposal that clubs in Europe could have a 70% limit, and those not in Europe a higher limit (80% if I recall correctly).
Below is from the Athletic
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Did the IC now come up with the Punishment of 6 points for breaching PSR and 1 point for every £5m overspent? I think they can't charge us for the overspend but feel the 6 point for not turning the accounts around quicker is fair.Where has the talk of an additional 6 point reduction come from ?