6 + 2 Point Deductions

[Blue peter]

Will be sorted out of court.

I hope not. I hope we defend it. This has wider implications for the PL members. Settling out of court will just invite the other parasite clubs to bring an action to the table. At least defending leaves us with a possibility of winning.

 

[Marius57]

I assume he means can they be bothered letting it go to a judgement, we'd have needed a lawyer regardless so that doesn't really mean anything.

Probably right, but 6 months of working with him on the case seems a bit strange if they aren’t planning to fight it and are looking to do a deal.

If that was the case, surely you get the deal done before it gets into the court.

 

[Lanolin]

Probably right, but 6 months of working with him on the case seems a bit strange if they aren’t planning to fight it and are looking to do a deal.

If that was the case, surely you get the deal done before it gets into the court.

They'd have to prepare a case regardless, because obviously it would take both parties to agree a deal. They couldn't just assume it would be settled and so not prepare the case because if Burnley wouldn't budge we'd be screwed. The article in the Athletic yesterday suggested that we have tried to come to a settlement but it hasn't happened yet.

 

[Tipp blue]

NEA what we pay Burnley, we'll get it back off City and Chelsea when we sue them.

Masters and Co have completely destroyed football

Rules will be changed.. In fact I fully expect that after this case any cases involving City and Chelsea to be thrown out by the PL "We cant allow a situation to occur where teams can sue each other over financial breaches, we have to drop current cases and alter rules regarding litigation between clubs" This could be the out the PL are looking for.

 

[Moomin]

I hope not. I hope we defend it. This has wider implications for the PL members. Settling out of court will just invite the other parasite clubs to bring an action to the table. At least defending leaves us with a possibility of winning.

Once it is resolved it will all be confidential.

The International Dispute Resolution Centre keeps the cases they hold confidential.

 

[Dykovski200]

Surely it’s the Premier League they should be sueing, it’s not our fault they delayed it. Tell the to get fooked.

 

[Moomin]

Surely it’s the Premier League they should be sueing, it’s not our fault they delayed it. Tell the to get fooked.

We did delay it by contesting the charges in the March.

Then confessed before the November hearing that we were guilty all along.

 

[Jacko93]

Surely it’s the Premier League they should be sueing, it’s not our fault they delayed it. Tell the to get fooked.

As far as I understand it, its not about points. Its about chance. However, this falls over unless you can say that as part of the rules, you can at no point cross the threshold, not just at the moment of financial report. A team could spend £1bn on August 1st, blowing them beyond the PSR threshold by many millions, but then sell £1.5bn of players on 31st January after gaining 50 points with their expensive players. Where would the ruling stand then? Where would 'chance' stand in that scenario? The truth is that we had not officially breached the PSR threshold until July 1st, at which point Burnely had been relegated. Right up until that point, we could have sold assets, or raised sponsorship.and not breached PSR, making the whole thing null and void. The fact we didnt makes no difference, their chance is based upon the position at the moment their 'chance' is there, and we had not officially breached PSR at that point.

 

[allen]

Once it is resolved it will all be confidential.

The International Dispute Resolution Centre keeps the cases they hold confidential.

Oh we’ll find out.

It’s too big a deal for the repercussions not to be known.

 

[catcherintherye]

Again I just find this stuff really weird. It’s clearly not the same, you’re not an idiot so why are you pretending it is?

I'm being facetious of course.

I do find their claim a bit odd though.

Like look, if/when City are found guilty, we will have missed out on Europe multiple times as a result. But I'd be embarrassed if we sought legal action. It just feels very off to me.

 

[rxyzyxr]

We did delay it by contesting the charges in the March.

Then confessed before the November hearing that we were guilty all along.

You keep harping on about this.
we were working with the pl to comply with psr, even had them signing off on transfers to make sure.
They then said that some parts they had already acknowledged were wrong; most often cited as interest on loans from building the stadium. We contested it as we had been working under the impression that when they said we were okay, we were okay.
By the time of the trial we had changed our approach and said "okay, fine. As things stood we were over, but there were certain mitigating factors that contributed to it"
This included a war resulting in a loss of sponsorship, the gylfi fiasco, and ballooning costs of building a stadium during covid.
To which they replied with "Nah. go f--- yourself" and hit us twice with the heaviest punishment in the history of the league, and wanted more.
At this point what more can you do than try and limit damage? If some one starts screaming every time you try to respond then why argue.
Worth noting that this whole mess was for being about 20m over btw. 20m.

 

[Tipp blue]

You keep harping on about this.
we were working with the pl to comply with psr, even had them signing off on transfers to make sure.
They then said that some parts they had already acknowledged were wrong; most often cited as interest on loans from building the stadium. We contested it as we had been working under the impression that when they said we were okay, we were okay.
By the time of the trial we had changed our approach and said "okay, fine. As things stood we were over, but there were certain mitigating factors that contributed to it"
This included a war resulting in a loss of sponsorship, the gylfi fiasco, and ballooning costs of building a stadium during covid.
To which they replied with "Nah. go f--- yourself" and hit us twice with the heaviest punishment in the history of the league, and wanted more.
At this point what more can you do than try and limit damage? If some one starts screaming every time you try to respond then why argue.
Worth noting that this whole mess was for being about 20m over btw. 20m.

Over 3 years.... 6.5 million over per year... Also worth noting that included in the overspend is mitigations that you have mentioned above that actually hindered us like loss of sponsorship and Gylfi..

 

[Moomin]

You keep harping on about this.
we were working with the pl to comply with psr, even had them signing off on transfers to make sure.
They then said that some parts they had already acknowledged were wrong; most often cited as interest on loans from building the stadium. We contested it as we had been working under the impression that when they said we were okay, we were okay.
By the time of the trial we had changed our approach and said "okay, fine. As things stood we were over, but there were certain mitigating factors that contributed to it"
This included a war resulting in a loss of sponsorship, the gylfi fiasco, and ballooning costs of building a stadium during covid.
To which they replied with "Nah. go f--- yourself" and hit us twice with the heaviest punishment in the history of the league, and wanted more.
At this point what more can you do than try and limit damage? If some one starts screaming every time you try to respond then why argue.
Worth noting that this whole mess was for being about 20m over btw. 20m.

Infrastructure costs don't get included in PSR.

The interest for loans had to be included for PSR as the loans were classed in our accounts as working capital.

We couldn't prove they were spent on the stadium. The simple reason why we failed the PSR is here

 

[Moomin]

Over 3 years.... 6.5 million over per year... Also worth noting that included in the overspend is mitigations that you have mentioned above that actually hindered us like loss of sponsorship and Gylfi..

They also signed off 220 million of losses due to Covid, the most in the premier league by a mile.

Clubs of the same size such as Villa and Newcastle got signed off for 40 million.

We never got hard done by, they tried there best to help us.

 

[Iana]

They also signed off 220 million of losses due to Covid, the most in the premier league by a mile.

Clubs of the same size such as Villa and Newcastle got signed off for 40 million.

We never got hard done by, they tried there best to help us.

They were signed off so the size or comparison against reference clubs is irrelevant.

It’s a strange angle to take for an Evertonian against what the PL and independent auditors deemed acceptable.

Did you want them to give us a bigger punishment?