Recent content by Gerryor

  1. Gerryor

    Confirmed Signing Iliman Ndiaye

    All of the profit for Dobbin goes into this years accounts, the costs for new players goes into next years accounts and subsequent years. Therefore PSR profit this year is £10m.
  2. Gerryor

    Everton Summer 2024 Transfer Thread

    Just a small point the 10m profit is in this year's accounts and the 2.5m charge in next years accounts.
  3. Gerryor

    6 + 2 Point Deductions

    Auditors don't collaborate with companies. They have a duty of care and a legal responsibility to say whether the accounts show a true and fair view. They could be sued or lose their licence if they get that wrong. They said the '23 accounts show a true and fair view. The club maintain that...
  4. Gerryor

    6 + 2 Point Deductions

    I totally agree with this guy. I cannot believe that the FA are questioning the auditors and accounts over interest charges. How are you meant to build and finance a £700m stadium without incurring interest charges. As soon as the stadium is producing income is the time when interest charges...
  5. Gerryor

    6 + 2 Point Deductions

    They restated the '22 accounts to bring them in line with the accounting policies of the '23 accounts.
  6. Gerryor

    6 + 2 Point Deductions

    My understanding is that all the clubs had to submit audited accounts to the FA within 3 months of year end. I might be wrong on that point, but it would make sense that the FA would demand that. I agree you can negotiate and argue your point with auditors, sometimes you convince them, other...
  7. Gerryor

    6 + 2 Point Deductions

    A company can't tell anyone auditor what to do. The company prepares the accounts and presents them to the auditors for review. If the auditors disagree they state that the accounts don't show a true and fair view. That is not the case here. If the auditors get that wrong, they could be sued...
  8. Gerryor

    6 + 2 Point Deductions

    Exactly, the auditors agree with the club that it relates to the stadium. That should be the end of the argument for the commission.
  9. Gerryor

    6 + 2 Point Deductions

    The PSR calculation starts with the losses from the audited accounts and allows deductions such as youth academy etc. It should not be increasing the losses by adding back interest that has clearly increased because of the capital cost of building the stadium.
  10. Gerryor

    6 + 2 Point Deductions

    Exactly!
  11. Gerryor

    6 + 2 Point Deductions

    I agree, the auditors have confirmed that the accounts show a true and fair view. The duty of auditing is not a joke, they have to express an opinion based on both legal and accounting standards. The commission questioning the auditors is not a good place to go!
  12. Gerryor

    6 + 2 Point Deductions

    I agree with this comment. They are effectively calling in to question the work of the auditors. If they signed off on the accounts that should be sufficient for the commission!
  13. Gerryor

    New Everton Stadium - Hill Dickinson Stadium

    Real Madrid have spent over a billion and Barcelona will spend a similar amount. Madrid have been rebuilding their stadium for the last 3 years and they are still working on it.
  14. Gerryor

    6 + 2 Point Deductions

    Think about this forest and ourselves could be relegated and yet city may win the league and maybe a treble. How can any person think this is rational!
  15. Gerryor

    6 + 2 Point Deductions

    Ok that's good information. I didn't have broadcasting figures so I googled it and that's where I got the £20m.
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