No. But that's what the poster was hinting at.
I'll let you into a secret . No one here has a clue what will happen . It's all guesswork
I'll let you into a secret . No one here has a clue what will happen . It's all guesswork
Shows how much you know - he's a born and bred Scouser.
You think 777 want to be new owners if we get a 20 point deduction or more relevantly will pass the fit and proper owner test
WestStandLower
Player Valuation: £1.5m
I think its far more complex than is being suggested. Here’s my reading of the problem
The written reasons goes into quite some detail about the capitalism of stadium costs prior to planning consent being granted in Feb 21 which as that date fell in the 20/21 accounting year costs could be capitalised for 20/21 et seq
In effect some £39.3 million had to be included in the profit and loss and couldn’t because of accounting convention be discounted when it came to the P&S (FFP ) submissions. In effect the 2017/18, 2018/ 2019 and 2019/20 numbers were impacted. This problem was identified by Everton
After much pressure from the Everton heiracy the PL based on projections agreed that for the period ending 30/6/22 it looked as if Everton would exceed the £105 million but it wouldn’t if the costs re the stadium were excluded. So in August 21 the PL Board agreed that as long any 3 year breech didn’t exceed £105 million + the uncapitalised sums then the stadium costs would be excluded.
Alas as we now know they did exceed £105 + the uncapitalised costs so that extra concession didn’t happen.
When it comes to the Interest that Everton wanted to claim but the PL disallowed then that’s a whole different debate and to be honest looking the written reasons it was basically a schoolboy error which seems to have had significant impact.
i know mate. they’ve got a game in hand to
those responsible for these actions, club officials should be sanctioned, not sure they could do it financially but the EPL/FA could certainly ban all of these club officials from ever taking positions of responsibility at any club ever again.
It’s the nature of their offense for me, if the mitigation is the late sale of Brennan Johnson for value, well he played for Forrest this season and was involved in goals, that directly leads to a sporting outcome.
Ours is more what column do you put an interest payment in.
kenada_blue
Welcome to Barcelonaton FC
It's why it's gonna be interesting to see how much we're over by.
From a basic POV...if we're saying the original loss was £9mill and within the next set of accounts we made an additional £10mill to clear that loss for example, we look on track.
But as the PL disagreed and said it was £19.5mill...by the next set of accounts we then look over.
Hence why we've come out and said as we're appealing the previous outcome, you can't judge these set of accounts that would lead to a punishment.
tommye
Player Valuation: £100m
peteblue
Welcome back Wayne
What goes around comes around…..
Lloydaldo11
Player Valuation: £1m
Nice idea, unfortunately take a look at how well the EFL are doing regarding Readings situation. The guy is basically a squatter letting the club go to oblivion and the league can’t get him out.
jonnyboy316
Player Valuation: £35m
Getting very technical but this thread appears to go against the Esk (so is probably right)and makes it look like we are unlikely to get anything back
