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In respect of Leicester, the EFL wanted them for equality of Regulation reasons under a Business Plan in November/December 2023 as they believed they were on track go breach to 2023-24 and that they had failed to 2022-23. EFL said 2022-23 was 'T', therefore a fail in T means a Business Plan...

By way of example, WBA are under some kind of Monitoring due to the fact that they may breach this season or beyond, very different to the PL mechanisms.

If you mean this Summer, not necessarily as EFL Rules kicked in fully come 31st March 2024 with the Future Financial Information which can bind a club. They will have been working under that to an extent. EFL have something now called Forecast Annual Accounts and clearer definition and APR-...

Nope, EFL Rules changed this summer in the wake of the Leicester debacle. Clubs entering the Championship from either end have to submit varied types of info by 30th June ahead of the upcoming season. In the EFL Handbook. The EFL despite Leicester wanting them to lift the Embargo in Spring...

I've been a critic of Everton and some of the defences but I will say this. It is fair to Everton, Nottingham Forest, maybe Leicester and perhaps Wolves given how many they sold to not keep the current system until 2024-25 if not 2025-26 IMO and let the chips fall where they may. That is to...

Last time I checked I was barred from posting on there. Shall try again now.

I certainly respect Ipswich and their season to date. Looks a bit of a miracle. Not sure they'll repeat it if they stay down, looks a bit of a perfect storm- a strike while iron is hot, one in a multiple etc. I also strongly dislike their CEO. He was with us, ingratiating and oily but nearly...

I tried a while ago funnily enough to join FoxesTalk. However I dunno I didn't succeed. The point by West Stand Lower I couldn't help but respond to.

In layman's Leicester have forecast a 3 Year Breach to this present season and the EFL have reacted accordingly. Whether they now refer them to the external Body for adjudication remains to be seen. I'd say it depends on.. A) If they have forecast a straight up breach. If so they must refer...

I thought I'd just nip in due to the Leicester case which is fascinating all told. To add to your points... 1. Correct albeit that is also about Profit and Forecast Profit Before Tax rather than mere Cash Flow. 2. Agreed. Albeit there seems to be provision to pass between Leagues if allowable...

If I was to place an honest guess I'd say Everton have not failed to 2023. To 2024 remains to be seen, given that hefty player sale profits are a way of balancing the books.

The best proof of it would be to release your neat and compliant accounts to CH or on the website asap to show that lessons have been learned and that Everton are now compliant in all areas.

One more thing, the other poster is spot on about lazy or poor reporting abour FFP losses and the Covid adjustments in terms of merging 2 years... Taken on face value to 2020 it's.. 3 years to 2019-20, Loss Before Tax £255-256m. In reality, owing to Covid there was no standalone test to 2020...

Just a small point on, afternoon all btw on the possible 2nd sanction. In the EFL there is a form of reset once found guilty. The rules are in theory aligned so maybe it works in this way: 1) You look at the last 2 years of the 3 year period ie 2019-20 and 2020-21 average and 2021-22. 2) You...

I'm interested in this from a legal and regulatory angle as said before. As I said when it first arose, the League clearly have some sort of right of review. To clarify it isn't so much the e hear period 2020, 2021, 2022 as 2020 and 2021 were aggregated and averaged due to Covid, there was no...

Perhaps I misinterpreted the reg tbh. Chelsea, Everton and Wolves are the main candidates but my thinking was that if there is a certain loss threshold that triggers an early submission then a lot of clubs surely will be captured by that. I'll read it again specifically. Everton issues are...

Lol without being rude as it is your forum, the slight paranoia on here did intrigue a little. As for FFP, still believer in the system if anything it should be tougher and even more real-time. All IMO.

Tbh, from a regulatory perspective it seems sensible to me. If you're going to do FFP it may as well be done correctly. If people think it's pointless, restrictive whatever that's obviously. It isn't just Everton, that's a little paranoid IMO. Wolves appear to be bricking it so far and I'd...

If tax and infrastructure related I'm struggling to see the issue, what the fuss is. Infrastructure is exempted from FFP, Profit or Loss BEFORE tax is the starting point. Covid losses relative to other clubs yes that would make sense for a challenge, maybe worth looking at USM £30m for a...

Surely the PL objectively speaking should have referred the accounts as they were either 2021 or 2022 if to 2021 still fine, and let an Independent Panel get into it then. They have handled it very oddly given that they should have had relevant info not long after the Reporting Period ended. It...