6 + 2 Point Deductions

[Iana]

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

View attachment 325844

I think it would have been pretty easy to show what was being spent on the stadium but the Commission didn’t want to listen.

We were a basket case of a club under the Moshiri/Kenwright/DBB era but we were a convenient scapegoat for Masters to try and stave off an independent regulator. The fact that they tried to punish us with a points deduction higher than the club going into administration tells you a lot about Everton’s treatment at the hands of the supposed Independent Commission.

 

[Lanolin]

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?

I think the punishment was very harsh and the dealings were unfair with different outcomes for different clubs but I also don’t agree with people trying to constantly make out like it was an innocent mistake on our part or that there was no sporting advantage. It’s not true, we broke the rules and we knew we were doing it, why are we so bothered by it?! It doesn’t make us individually bad people or the club a disgusting institution, it’s absolutely fine to accept that we broke the rules but also not think we need to be hung drawn and quartered for it.

 

[Moomin]

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?

They don't want to punish clubs. It's bad PR for the brand.

They also want to have the best players in the league.

How as a club did we lose the most money in the league due to covid?? Think about it for a minute. Clubs lost money due to empty stadiums. Did Goodison make more money from attendence than Spurs, Arsenal or United??

 

[Goat]

Did you want them to give us a bigger punishment?

I did yes, we deserved more.

Stupidity should be punished very harshly.

There was no need for us to breach PSR, the whole thing is a scam.

 

[James Patrick]

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

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

As was our right.

 

[James Patrick]

Oh we’ll find out.

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

Any award of significance will be evident in the accounts even if not explained in writing IMO.

 

[Tipp blue]

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.

We were hard done by, they didn't accept proper mitigations, Do you think it's a case of the PL saying "we accepted your ludicrous covid calculations but we wont accept valid mitigations" even if they accepted loss of sponsorship due to the war we'd have been under and the can of worms that was opened that day would still be shut they then allowed Manchester United to write off standard business expenses to the exact amount they were over for PSR.. I will maintain that we were hard done by for as long as the PL refuse to punish the scab 6 for breaking financial rules.

 

[Dykovski200]

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.

Great response, close this thread

 

[Moomin]

As was our right.

100%

No rules in place to punish us that season so contest it and hope we improve the next season.

 

[Tipp blue]

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?

Maybe Moshiri wasn't as daft as we taught, he came up with acceptable Covid losses in the tens of millions that the lesser accountants at other clubs never taught of adding in.

 

[Iana]

They don't want to punish clubs. It's bad PR for the brand.

They also want to have the best players in the league.

How as a club did we lose the most money in the league due to covid?? Think about it for a minute. Clubs lost money due to empty stadiums. Did Goodison make more money from attendence than Spurs, Arsenal or United??

It does not matter what you or I think because it was deemed acceptable by the PL and the auditors.

I take it you pay more tax to HMRC because you feel you should do despite meeting all the criteria for not having to versus your neighbours.

 

[RomanReigns]

We didn’t furlough our staff during covid-19 so we win on a moral level

 

[James Patrick]

I think it would have been pretty easy to show what was being spent on the stadium but the Commission didn’t want to listen.

We were a basket case of a club under the Moshiri/Kenwright/DBB era but we were a convenient scapegoat for Masters to try and stave off an independent regulator. The fact that they tried to punish us with a points deduction higher than the club going into administration tells you a lot about Everton’s treatment at the hands of the supposed Independent Commission.

Everton have only themselves to blame.

 

[Goat]

It does not matter what you or I think because it was deemed acceptable by the PL and the auditors.

I take it you pay more tax to HMRC because you feel you should do despite meeting all the criteria for not having to versus your neighbours.

You are missing the point tho.

People keep saying the PL had it in for us, yet they waved aside 180m in covid loses, which was 3 times the amount of other clubs in the league, without even questioning it.

If they truly had an axe to grind they could have asked WTF we were smoking and gone for us big time.

As it was the PL tried everything they could to give us a pass, but we were simply too incompetent for them to ignore.

 

[Iana]

I did yes, we deserved more.

Stupidity should be punished very harshly.

There was no need for us to breach PSR, the whole thing is a scam.

That makes no sense.

Firstly, there is no PL rule regarding ownership/management stupidity so could not be applied.

Secondly,our breach did not take us into administration of which the maximum punishment is 9 points…how do you go beyond going bust?