I have no real issue with this. Which i'll answer as to why below. But i'd guess Everton are nowhere near the only club operating at a loss. Transfer fees and wages are seeing to that.
Its virtualy impossible to be successful in this money obsessed league without spending. We now have a league that is basically telling 75% of teams you've no choice but to just tread water in our league. The problem Everton had is they tried to bridge the gap by spending money on players that were just not worth it. Our fault, 100% awful transfer recruitment. No Everton fan would even argue with that. Now if you've cocked that up then its the clubs responsibility to claw it back. 100m for Richarlison and Gordon was going that way. You'll have to forget about jumping into the serious places in the league because you failed in recruiting and then cut your cloth.
Evertons main crime is they tried to better themselves. Should they be getting a 10 point reduction for that?
Im not buying into the premier league gives a toss about any club going into debt. Any integrity they had was lost when 6 clubs tried to breakaway and they punished them with nothing more than a slap on the wrist. Evertons 19.5m over their imposed profit and sustainability does not warrant a 10 point deduction.
Good post Sir.
We all know the league is rigged. Leicester is a great example of that. Won the league and where are they now because they weren't allowed to spend to stay at that level? Another example is Wolves, they came up and achieved 7th place twice. They were soon restricted in what they could do. Villa, Forest and Bournemouth will be next. The only outlier is Brighton as they have done well and recouped a lot of money...however, their best players have been snatched up just as Southampton's were.
The only issue I have with your comments is that final sentence. Something needs to be done to control this ridiculous and reckless spending that says it is OK to only lose 105M every three years. We were caught red handed and while the Prem league is at pains to say we didn't deliberately mislead their panel, the reality is that statement is window dressing.
Our owner and our management is to blame for this mess, yet so many of our fans want to lay blame elsewhere. They want to make excuses for what amounts to fraudulent statements.
As I have repeatedly said, this should be the beginning of a new start. We admitted guilt. We should appeal to reduce the points deficit and we should move forward. We won't go down and we will still be a Prem side next season.
What happens to other sides is their business. We have to trust the Prem. will deal with other offenders accordingly. Now let's stop the victim act. Our owner put us in this position. No-one else.