6 + 2 Point Deductions

This could be Azul's finest work. No hint of his usual lines. He's really upped his game. Almost had me for a minute
Spending 2 years recording mundane Spotify podcasts on the general topic of Bedfordshire to give the account some authenticity is some commitment to the bit I’ll give him that lol
 
When you look at how last season’s relegated clubs are getting on in the Championship, and you look at the three absolute munters who came up and see the disparity that exists, you realise that the Scab 6 have effectively got the closed shop scum league they always wanted.

The game is pretty much gone to be honest. The disgusting clubs at the top of the league hoover up all the trophies, are allowed to lose as much money as they want because they can just sell gash like Rhian Brewster to balance their books at a moments notice and are helped over the line by referees whenever a team has the audacity to make it difficult for them.

I’ll hate the Everton board, and the board members of the other coward 14 clubs who didn’t immediately vote to exile the Shyster Six from domestic football following the super league. There will never be an opportunity as golden as that to reset the game ever again.
Correct. And when they turn to FFP calculations (70% of revenue) it will be complete. They will have guaranteed profitability an what is essentially a closed shop.
 

Having now read the written reasons I am torn.

I personally have never thought that PSR rules are appropriate nor should Chelsea have ever voted to support the concept or let alone any detail but the simple fact is that none of us supporters be it a Evertonian or in my case a Chelsea supporter have a say in the rules and regulations and the Regulator won’t change much on that score.

We the supporters always the ones that end up investing far more than we can afford and that’s not just in terms of £s but football drains us emotionally meanwhile these wealthy individuals who just ship up may loose a chunk of their wedge but the reality is they rarely are hurt in the way we are when matters get out of control.

Prior to FFP &PSR I had little to no interest in a clubs balance sheet, I doubt many save Arsenal supporters did, and whilst Abromavich elevated Chelsea by his massive financial input the fact it was at the expense of Utd, Liverpool and above all Arsenal meant that those three powerful players had to do everything they could to restore the status quo but above all everything had to be done to stop anyone else joining the party.

I have had a cursory look at the written reasons and have to say that what strikes me is that the two ICs are very close in terms of their take on matters . Clearly little to no progress was achieved in terms of convincing panel members that there were mitigating factors of note and other than getting the appeal panel to factor in the EFL approach to sanctions ( not procedural matters ) that may well be a precedent for the second charge and indeed the Forest charge but there is absolutely no guarantee on that score.

Turning to the second charge it really does revolve around by how much the numbers are over. The fact that a charge has been made suggests clearly that the downward trend has been reversed. Just looking at some basic numbers and facts I would suggest that paying any fees in 22/23 won’t go down well in terms or mitigation and the fact that the Richarlinson transfer was accelerated to ensure it was reflected in the 21/22 accounting year suggests that the £67 million player trading profit will be significantly down add to that the fact the significant additional costs of borrowing has increased means those loans that are outside of stadium financing will be costing a chunk more.

In terms of double jeopardy it’s a valid point but including 21/22 and average of 19/20+20/21 may well be advantageous (£65 million in P&S losses ) as opposed to just 22/23 in isolation of no more than a £35 million P&S loss over one year.

I was slightly surprised when the IC mentioned the mitigation in the Sheffield Wednesday case where the12 point sanction was reduced to 6. I am not sure the situation is quite the same but bearing in mind the Johnson transfer it’s possible that they will ( if their panel are of a like mind ) and without knowing the numbers Forest were over significantly reduce whatever sanction is arrived at

Having said all that I just can’t subscribe to the notion that Everton did anything that shouldn’t be allowed.
This year's accounts will show outgoing transfers of 82mil & not sure if 2 incomings for cash have been deferred til next season circa 40mil.
Even if counted this year its a player trade of 42mil plus some very significant wages removed from the finances.

None of us know the impact of interest on the loans as of yet , but it's still a tall order to suggest there's a significant breach.
 

Myers tweeted that as the 1st 2 years have been punished, the 3rd stands alone at £35m.

I saw Esk saying something about us treating the loans/interest differently now so we shouldnt have breached.

But even if we have breached due to loans for daily costs, or the stadium then its not down to us buying loads of players like the last accusation. Keeping the lights on or paying for a stadium is not an on field sporting advantage
The last charge was about the stadium loans also
 

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