6 + 2 Point Deductions


what makes it worse is this is because the PL asked to amend what they wanted to charge us with effectviely, an amended statement, and we agreed to it!!!

On 26 February 2024, the PL applied to amend its Complaint. Of relevance to thepresent Decision is the fact that the PL sought to withdraw the reservation concerningthe £19,023,683 capitalised in FY23, in order to allege that the same could not becapitalised and that Everton was entitled to capitalise only £2,060,683 (alternatively£7,408,620), and thus that Everton had exceeded the Upper Loss Threshold by a further£16,963,000 (alternatively £11,615,063).16. Following a hearing which took place on 8 March 2024, the PL’s application to amendwas refused by the Commission (for reasons that are not relevant to this Decision). Withthe permission of the Commission, the PL subsequently renewed its application forpermission to amend, which the Commission granted (upon the consent of Everton).17. However, by reason of the PL’s application to amend its Complaint, and the overlapbetween the PL’s proposed amendments (in relation to the interest capitalised in FY23)and the factual and expert issues which arise in relation to the £6,561,000 capitalisedretrospectively, the Commission decided to bifurcate these disciplinary proceedings.
 


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