6 + 2 Point Deductions

Our rumoured wage bill this season is £78.9m, which is less than 50% of our usual annual turnover.

Losing Dele and Gomes at the end of the season saves us over £10m over the course of next season, plus there will be more out of the door, that will take us to wage bills more akin to Palace, Fulham and Brighton.

I think that will be a good start to turning the club around if we can keep revenue about the £180m-£200m per season, any new owner will have many more streams we could explore, Everton have always been commercially poor.

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Neiler said:
Here you go mate. Thought I’d imagined there for a second. ;)

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den said:
The club admitted a breach but disagreed about the calculation as well as arguing for mitigating factors.
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Misunderstanding what i am saying lads. I am not disagreeing with you, just highlighting that it wasn't as clear cut admission of guilt as the PL and media make out. When we submitted the accounts, as far as we were concerned there was no breach because even though we were over, there were mitigating factors that had to be taken into account which comfortably brought us below and in line. The PL went through it all and rejected all of our mitigations which meant that we then had to acknowledge the breach even though we still disagreed with their reasoning. Big difference than a straight admission of guilt.
 
ForeverEverton said:
Our rumoured wage bill this season is £78.9m, which is less than 50% of our usual annual turnover.

Losing Dele and Gomes at the end of the season saves us over £10m over the course of next season, plus there will be more out of the door, that will take us to wage bills more akin to Palace, Fulham and Brighton.

I think that will be a good start to turning the club around if we can keep revenue about the £180m-£200m per season, any new owner will have many more streams we could explore, Everton have always been commercially poor.

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True, but we will need secure funding for our long term debts. Currently it’s reported that we are paying over £50m a year in interest.
 
Charlie Sweet said:
This is my fear too
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Too late for the Covid losses to be raised. The other 19 clubs were told at a PL stakeholder meeting “no case to answer” years ago. Can’t add new evidence or accusations in now anyway. Hardly new information.

Plus the main reason other clubs didn’t calculate higher Covid losses was because they didn’t need to, they were safely under the limits, and given there was no precedent, why would they dig and dig and dig for every last debatable pound as we obviously did.
 

Neiler said:
I think we admitted the breach, albeit unintentionally and presented the mitigating factors mate. The dispute between the parties was the extent of the breach in the end.
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We admitted the breach but for 9.5m over. The league then checked our accounts and said it’s 19.5M over, Everton disagreed and therefore came up with the reasons why. Some of them where dumb and some of them where completely true, such as the Russian war, Sigurdsson and Richarlison sale.
 
Bez2k2k said:
We admitted the breach but for 9.5m over. The league then checked our accounts and said it’s 19.5M over, Everton disagreed and therefore came up with the reasons why. Some of them where dumb and some of them where completely true, such as the Russian war, Sigurdsson and Richarlison sale.
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Yep, that was my take mate, we admitted we were in breach albeit unintentionally, but the figure was in dispute.

It’s partly why I think we won’t get all 10 points back.
 

If not today then I think they are purposely waiting until after the Palace game. This makes me think it’s more bad news for Everton fans. Our next home game after that is 2nd March so maybe they are hoping the protests won’t be as bad as we will have had more time to come to terms with the decision.
 

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