6 + 2 Point Deductions

Wigan v reading today, both teams getting bstteted by point deductions recently due to dodgy owners!

At some point the powers that be need to realise that the fans should not be getting punished for these charlatans inability to run a football club
it makes a mockery of the competition if final placings are decided on anything other than on field performances.
 

Yeah, it is. But in our case it’s not the capital spend but the interest on some of the loans that’s the issue.
I’m not sure I totally understand, but heres my attempt….!
Moshiri leant the club money at 0% for the stadium build. He the tried to claim interest on the loans and put that against PSR.
As far as I can work out, Moshiri tried to claim at the hearing that even though he loaned the money at zero % for stadium loans, the money actually came from the R&M and Metro bank loans so he could claim them for PSR as they were part of the stadium build cost. Moshiri claimed that if there had been no stadium build then he’d have paid the interest on these loans (as he had done in the past?) anyway, so they should go against PSR.
the problem is, that they only had Moshiris word for this and the paperwork on the loans didn’t back him up.


or something
 
I’m not sure I totally understand, but heres my attempt….!
Moshiri leant the club money at 0% for the stadium build. He the tried to claim interest on the loans and put that against PSR.
As far as I can work out, Moshiri tried to claim at the hearing that even though he loaned the money at zero % for stadium loans, the money actually came from the R&M and Metro bank loans so he could claim them for PSR as they were part of the stadium build cost. Moshiri claimed that if there had been no stadium build then he’d have paid the interest on these loans (as he had done in the past?) anyway, so they should go against PSR.
the problem is, that they only had Moshiris word for this and the paperwork on the loans didn’t back him up.


or something
Sounds close enough to me.
 

4.2. 4.3 and 4.4 stand out big time there with everything that has been made public about the IC and everything else that’s fallen into the plug domain and that is only what has been made public.

The threat of not taking it is enough to make the PL want this story to go away but a good lawyer will do the rest.
4.5 stands out to me 'properly apply their minds to the facts of the case'.

The out of hand dismissal of some of the mitigation (admittedly not all as some was a stretch to say the least) suggests minds were not applied to the facts and the completely unforecastable context.
 
4.5 stands out to me 'properly apply their minds to the facts of the case'.

The out of hand dismissal of some of the mitigation (admittedly not all as some was a stretch to say the least) suggests minds were not applied to the facts and the completely unforecastable context.
Hmm, not convinced by that one. Think 4.4 is the only one that there is even a whiff of a chance of.
When Moshiri tried to claim that he’d planned for a sixth place finish as one of his mitigations, it all seemed a bit silly.
 
Seems that it may not be that sinple


I think legally we could argue bad faith due to the "independent" commission applying the same sanction that The Premier League "set" at the start.

What is bad faith in the UK law?


Bad faith conduct could include behaviour which is seen as commercially unacceptable, improper or unconscionable, but which is not actually dishonest. So, a failure to act in good faith (or not to act in bad faith) does not necessarily require fraud or other dishonesty.
 
Just reading up about it mate - apparently we do have that option - how realistic or worthwhile that is i dont know or whether we would be breaking new ground, brief graph below:

View attachment 242777
Oh I see, there is another layer to it then. I think maybe I mixed it up and it is CAS abitration teams agreed not to involve and it remains within a self regulating PL which would align with the graph
 

If the stadium build is causing us problems with our finances, why don't we just pause the project until we back on a more even keel and then continue?
It isn`t that simple but with costs going up all the time imagine pausing then coming back to it 2 years later, the stadium costs could go up over another £100m.

Plus demobilisation, remobilisation and abortion costs wouldn`t be factored in to any build and could be 10s of millions extra aswell.
 
I’m not sure I totally understand, but heres my attempt….!
Moshiri leant the club money at 0% for the stadium build. He the tried to claim interest on the loans and put that against PSR.
As far as I can work out, Moshiri tried to claim at the hearing that even though he loaned the money at zero % for stadium loans, the money actually came from the R&M and Metro bank loans so he could claim them for PSR as they were part of the stadium build cost. Moshiri claimed that if there had been no stadium build then he’d have paid the interest on these loans (as he had done in the past?) anyway, so they should go against PSR.
the problem is, that they only had Moshiris word for this and the paperwork on the loans didn’t back him up.


or something
That was my understanding too, along with a load of gobbledegook reasoning.

The club didn’t borrow the money for the stadium coz the Mosh sorted it. We did borrow money to run the club ‘tho. So, if the Mosh hadn’t weighed out to pay for the stadium, those loans we took to run the club would have gone to pay for the stadium. So, we’re claiming for the interest we would have paid on those loans we didn’t take out.

Happy to be corrected if someone has a more logical take on it ?
 
Last edited:

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Shop

Back
Top