6 + 2 Point Deductions

[Ralphie Boy]

Sure I read that the commission felt we should have released him. Not sure where I read that tho

Released at the end of his contract, letter off Everton after first 10 points states tha Prem said we can’t play him.

 

[HalfTimeSayers]

Is there not an argument that once charged for breaching the 3 year average that the whole period should start again? I mean, one disastrous season financially for any club could get you charges for 3 consecutive seasons

That’s the whole reason for a rolling period though; one bad year (or year where you decide to spend big) and you can supposedly be frugal the next two years. Sort of makes sense if the rest of the framework wasn’t stupid. You can’t start from zero. But there should be a mechanism that lets you get back to compliance over a couple of years rather than expecting you to sell every single player and sack all staff.

We only found out first investigation found us guilty AFTER the next accounting period had finished, so didn’t have the chance to make a corrective behaviour. Thats just unfair.

(Realistically we would have known full well if we didn’t get through the first investigation, we’d automatically fail this time too.)

 

[kenada_blue]

Richards Masters talking to the government today.

Also the championship want the parachute payments abolished, what the odds this happens when we go down this season.

They won't scrap them. It'll kill teams that are relegated from the premiership.

Burnley have spent £100mill net on transfers this season for example.

 

[chicoazul]

Alright that’s it, you can spend a few months bleating about it until the appeal or get on with your life whilst devise dastardly plans to protest against and disrupt the Premier League into a chance of mind.

 

[DanEFC92]

'Mismanagement on a grand scale - trauma on a loop at Everton'

The Premier League has again charged Everton with breaching its financial rules - BBC Sport's chief football writer Phil McNulty assesses the impact.

www.bbc.co.uk

 

[Sussex]

I just dont understand how Chelsea have not been charged. My back of the packet calculations from their published results say that they needed to make a profit of over a 100m in the last accounts to only loose 105m. I dont understand why it is so quiet with them.

I think, and I could be wrong (just ask the wife), is that Chelsea have amortised the players over 8 years. i.e they have given players 8 year contracts so they can spread the cost over 8 years within the accounts.

 

[kenada_blue]

Got Saudi states that cosy up to Putin and funding bomb runs in Yemen whilst having shocking human rights records and a distain for women, owning premier clubs who self sponsor to overinflate commercial income.

You have American consortiums creaming and making billions from a successful institution they bought. Finding loop holes in billion pound transfer dealings by putting players on 8 year contracts.

Both then join forces to fleece FFP rules but offloading players to Saudi for overinflated prices.

We build a stadium and fund it in an arse backwards way...and we're the bad guys in this premier league tale?

 

[ToffeeTim]

I think, and I could be wrong (just ask the wife), is that Chelsea have amortised the players over 8 years. i.e they have given players 8 year contracts so they can spread the cost over 8 years within the accounts.

Yes and they changed the rules to 5 years because of this

So nothing will ever be done about it

 

[Chrismac]

That’s the whole reason for a rolling period though; one bad year (or year where you decide to spend big) and you can supposedly be frugal the next two years. Sort of makes sense if the rest of the framework wasn’t stupid. You can’t start from zero. But there should be a mechanism that lets you get back to compliance over a couple of years rather than expecting you to sell every single player and sack all staff.

We only found out first investigation found us guilty AFTER the next accounting period had finished, so didn’t have the chance to make a corrective behaviour. Thats just unfair.

(Realistically we would have known full well if we didn’t get through the first investigation, we’d automatically fail this time too.)

Yeah I understand the rolling 3 years, however for teams like us that don't have massive revenues if we wanted to spend big in one season we would need to spend nothing for two seasons spend big then spend nothing for a further 2 seasons, it completely hamstrings the business if you have the money to grow.
But we did sign up for it, I bet without reading into it in enough bloody detail due to complete lack of knowledge/experience from the lackeys that have been running our club.

 

[PITA]

Oh we have errors for which we will be held to account for of that there is no doubt

We won't hold our breath waiting for that.

 

[Deleted member 50501]

Got Saudi states that cosy up to Putin and funding bomb runs in Yemen whilst having shocking human rights records and a distain for women, owning premier clubs who self sponsor to overinflate commercial income.

You have American consortiums creaming and making billions from a successful institution they bought. Finding loop holes in billion pound transfer dealings by putting players on 8 year contracts.

Both then join forces to fleece FFP rules but offloading players to Saudi for overinflated prices.

We build a stadium and fund it in an arse backwards way...and we're the bad guys in this premier league tale?

Its why it annoys me when people say 'keep politics out of football'

Its in it and always has been

 

[hallamblue]

Yes and they changed the rules to 5 years because of this

So nothing will ever be done about it

It won't, but on the other hand Chelsea are stuck with players on 8 year contracts who they have massively overpaid for. They aren't qualifying for Europe for the 2nd year running, and they're running out of home grown players to sell. Big problems in store for Chelsea IMO.

 

[ForeverEverton]

So the PL accounts run year 123, 234, 345 and not 123, 456. When did this come into play?

Since they were introduced hence the term "3 year rolling period" which becomes 4 with the 2 COVID years.

 

[Gilbert..]

Richards Masters talking to the government today.

Also the championship want the parachute payments abolished, what the odds this happens when we go down this season.

Same Government that awarded paula vennels a CBE for her tremendous work in burying widespread corruption.

That should be an interesting conversation.

 

[neil999]

Newcastle can't even afford to loan phillips and joelington is prob out for the season lol