BlueStevie35
Player Valuation: £70m
Hadn’t posted regularly since May, conveniently pops back on on Friday and hasn’t stopped in this one particular thread since
Would like think they have cut vack enough with sales
Hot off the press !!!
@theesk has put together his first review of the independent commission that considered the alleged breaching of Premier League Profit and Sustainability regulations and the resulting sporting sanction imposed on the current manager, players and most of all the fans for problems completely the fault of an incompetent owner and now departed incompetent Board of Directors.
Summary of the Commission decision, aggravating factors, mitigation claims and the sanction
Trying to condense 28,000 documents, several months of pre-commission preparations and five days of complex legal argument into something that is (i) readable but (ii) an accurate representation of…theesk.org
Had a read quickly. Funny that the IC saying of the war in Ukraine, ' this type of event was normal business experience.' !!!!
The issue of the penalty, too, as put by the Esk, the mind boggles. There's enough cracks in it it would be mental that Everton can't have this overturned.
Solicitor friend sent this and would urge Everton to use the PL as another mitigation in terms of approving our transfers but bearing no responsibility on our finances.
EFC are the 3rd lowest spender in the PL over 5 years. Context.
PL put Everton in the situation of; either, (1) risk breaching PSR rules and a 10 point penalty or (2) having to sell so many players they would have been relegated anyway.
EFC are the 3rd lowest spender in the PL over 5 years. Context.
PL put Everton in the situation of; either, (1) risk breaching PSR rules and a 10 point penalty or (2) having to sell so many players they would have been relegated anyway.
davek
Player Valuation: £150m
Mark O'Brien...
thisisnotfootball.co.uk
Just about sums it up...
1. We are biased because we are Evertonians, so you have to do your best to look at these things objectively.
2. The Premier League is at best run by incompetent [Poor language removed]. At worst, it’s a corrupt cartel whose overarching aim is to maximise the domestic and international broadcast revenue which on the whole is best served by having the most popular sides winning. The rest of the league represent ‘opposition’ and background colour. Three or four – let’s face it, two – Harlem Globetrotters and the rest are just the Washington Generals.
3. Even the name ‘Profitability and Sustainability’ is a sick joke. Everton were relatively well-funded, despite the recent challenges, and are in the process of building an iconic stadium that will be an asset to the club, the city and to English football. The existential crisis they now face is because of an arbitrary points deduction on the back of the breach of an arbitrary interpretation of some arbitrary rules, that threatens to relegate them and lose the broadcast earnings on which they, like all clubs, depend.
The Premier League should by all means try to protect clubs from being bought with the sort of risky debt that could threaten their existence – there’s no problem with them being dubious about Josh Monorail and Throw of The Dice Partners planned takeover, but this latest unprecedented sanction does exactly the opposite of what the rule’s name suggests it’s there for.
4. Some articles on this subject have appeared on Newsnow from Newcastle fanzine, The Mag. Presumably that’s short for maggot.
[Poor language removed] hell they have more to say than Simon Jordan. ’Scouse Mackems’ makes them the North East’s equivalent of Liverpool. Now we don’t listen to much that our red brethren say, but even the briefest time among them will make you aware that they have apparently won a lot of trophies. Much unlike Newcastle United.
Pipe the [Poor language removed] down, Spender.
5. What was the point of selling Richarlison to comply with rules that we were going to be found guilty of breaching anyway? And that’s before you get into how that deal went through and the amount of leverage Tottenham were given to force the price down. We might as well have kept the titty-lipped Brazilian and added a couple more world superstars as well – been hung for a sheep as a lamb.
We were still right to sell Antony Gordon though, the [Poor language removed]-haired, swallow-diving shithouse.
6. Beware fans of other clubs showing ‘sympathy’. They have arses that are going a crown to a tanner, worried about what will be uncovered if the eye of Sauron fixes upon their club at some point.
Or they are Kopites who are desperate to see City get bladdered and have a load of trophies handed to them by default. It’s just lucky you don’t get points deducted for blatantly tapping up other club’s players or hacking into their computers.
7. The Premier League is a meaningless construct. Six of the biggest clubs clearly couldn’t give a shiny [Poor language removed] about it for a start- they were only too willing to turn their back on it and go and play in some imaginary Frankenstein Mastercard Heineken League. Everton should treat it with similar contempt, build their stadium and [Poor language removed] it off. Ask the Championship for entry and refuse to come up even if they win it.
Or like when of Eddie Hearn’s drug cheats can’t get a British license, go abroad and play there. The Dutch league would be good, or France. Go and have iron girder in that square in Lille every season.
8. People are being blasé about our chances of staying up even with the point deduction. It’s great that Sean Dyche and his team inspire so much confidence among the fanbase, but [Poor language removed] hell.
9. Hopefully the energy that this generates means that this becomes a pivotal moment for the good of the club. It’s been a weird, fractured institution for too long. Like the fake alien invasion at the end of the Watchmen, this deduction needs to be something that unifies the support and the club against a common enemy. Remind us what Everton really represents to us.
10. Shitting in an envelope is a lot trickier than you would think. With hindsight I would suggest writing the Premier League’s address on it at the beginning.
10 (TEN) Points
1. We are biased because we are Evertonians, so you have to do your best to look at these things objectively. 2. The Premier League is at best run by incompetent [Poor language removed]. At worst, it’s a corru…
thisisnotfootball.co.uk
Just about sums it up...
1. We are biased because we are Evertonians, so you have to do your best to look at these things objectively.
2. The Premier League is at best run by incompetent [Poor language removed]. At worst, it’s a corrupt cartel whose overarching aim is to maximise the domestic and international broadcast revenue which on the whole is best served by having the most popular sides winning. The rest of the league represent ‘opposition’ and background colour. Three or four – let’s face it, two – Harlem Globetrotters and the rest are just the Washington Generals.
3. Even the name ‘Profitability and Sustainability’ is a sick joke. Everton were relatively well-funded, despite the recent challenges, and are in the process of building an iconic stadium that will be an asset to the club, the city and to English football. The existential crisis they now face is because of an arbitrary points deduction on the back of the breach of an arbitrary interpretation of some arbitrary rules, that threatens to relegate them and lose the broadcast earnings on which they, like all clubs, depend.
The Premier League should by all means try to protect clubs from being bought with the sort of risky debt that could threaten their existence – there’s no problem with them being dubious about Josh Monorail and Throw of The Dice Partners planned takeover, but this latest unprecedented sanction does exactly the opposite of what the rule’s name suggests it’s there for.
4. Some articles on this subject have appeared on Newsnow from Newcastle fanzine, The Mag. Presumably that’s short for maggot.
[Poor language removed] hell they have more to say than Simon Jordan. ’Scouse Mackems’ makes them the North East’s equivalent of Liverpool. Now we don’t listen to much that our red brethren say, but even the briefest time among them will make you aware that they have apparently won a lot of trophies. Much unlike Newcastle United.
Pipe the [Poor language removed] down, Spender.
5. What was the point of selling Richarlison to comply with rules that we were going to be found guilty of breaching anyway? And that’s before you get into how that deal went through and the amount of leverage Tottenham were given to force the price down. We might as well have kept the titty-lipped Brazilian and added a couple more world superstars as well – been hung for a sheep as a lamb.
We were still right to sell Antony Gordon though, the [Poor language removed]-haired, swallow-diving shithouse.
6. Beware fans of other clubs showing ‘sympathy’. They have arses that are going a crown to a tanner, worried about what will be uncovered if the eye of Sauron fixes upon their club at some point.
Or they are Kopites who are desperate to see City get bladdered and have a load of trophies handed to them by default. It’s just lucky you don’t get points deducted for blatantly tapping up other club’s players or hacking into their computers.
7. The Premier League is a meaningless construct. Six of the biggest clubs clearly couldn’t give a shiny [Poor language removed] about it for a start- they were only too willing to turn their back on it and go and play in some imaginary Frankenstein Mastercard Heineken League. Everton should treat it with similar contempt, build their stadium and [Poor language removed] it off. Ask the Championship for entry and refuse to come up even if they win it.
Or like when of Eddie Hearn’s drug cheats can’t get a British license, go abroad and play there. The Dutch league would be good, or France. Go and have iron girder in that square in Lille every season.
8. People are being blasé about our chances of staying up even with the point deduction. It’s great that Sean Dyche and his team inspire so much confidence among the fanbase, but [Poor language removed] hell.
9. Hopefully the energy that this generates means that this becomes a pivotal moment for the good of the club. It’s been a weird, fractured institution for too long. Like the fake alien invasion at the end of the Watchmen, this deduction needs to be something that unifies the support and the club against a common enemy. Remind us what Everton really represents to us.
10. Shitting in an envelope is a lot trickier than you would think. With hindsight I would suggest writing the Premier League’s address on it at the beginning.
blueplatty
Player Valuation: Free Transfer
Apologies if this is has already been covered. Been too busy reading the Judgement, fuming, reading it again and fuming some more to go through every page of the thread. Money "directly attributable to development of academy players" is allowable against P&R losses. All clubs pay a 4% transfer levy to cover player pensions. This is more than necessary, and what is left over goes to Youth Development. Accordingly, we claimed that 7.9 million of our losses should be ignored because this was the amount of our transfer levy that went to the kids. The Commission threw this out, saying it wasn't "directly attributable". Since there is no discretion on behalf of the clubs (they must pay 4%) nor any on behalf of the Premier League (they must pass on any surplus to Youth Development), the Commission are wrong. IMHO.
McBain
Player Valuation: £80m
Mark O'Brien...
10 (TEN) Points
1. We are biased because we are Evertonians, so you have to do your best to look at these things objectively. 2. The Premier League is at best run by incompetent [Poor language removed]. At worst, it’s a corru…
Just about sums it up...
1. We are biased because we are Evertonians, so you have to do your best to look at these things objectively.
2. The Premier League is at best run by incompetent [Poor language removed]. At worst, it’s a corrupt cartel whose overarching aim is to maximise the domestic and international broadcast revenue which on the whole is best served by having the most popular sides winning. The rest of the league represent ‘opposition’ and background colour. Three or four – let’s face it, two – Harlem Globetrotters and the rest are just the Washington Generals.
3. Even the name ‘Profitability and Sustainability’ is a sick joke. Everton were relatively well-funded, despite the recent challenges, and are in the process of building an iconic stadium that will be an asset to the club, the city and to English football. The existential crisis they now face is because of an arbitrary points deduction on the back of the breach of an arbitrary interpretation of some arbitrary rules, that threatens to relegate them and lose the broadcast earnings on which they, like all clubs, depend.
The Premier League should by all means try to protect clubs from being bought with the sort of risky debt that could threaten their existence – there’s no problem with them being dubious about Josh Monorail and Throw of The Dice Partners planned takeover, but this latest unprecedented sanction does exactly the opposite of what the rule’s name suggests it’s there for.
4. Some articles on this subject have appeared on Newsnow from Newcastle fanzine, The Mag. Presumably that’s short for maggot.
[Poor language removed] hell they have more to say than Simon Jordan. ’Scouse Mackems’ makes them the North East’s equivalent of Liverpool. Now we don’t listen to much that our red brethren say, but even the briefest time among them will make you aware that they have apparently won a lot of trophies. Much unlike Newcastle United.
Pipe the [Poor language removed] down, Spender.
5. What was the point of selling Richarlison to comply with rules that we were going to be found guilty of breaching anyway? And that’s before you get into how that deal went through and the amount of leverage Tottenham were given to force the price down. We might as well have kept the titty-lipped Brazilian and added a couple more world superstars as well – been hung for a sheep as a lamb.
We were still right to sell Antony Gordon though, the [Poor language removed]-haired, swallow-diving shithouse.
6. Beware fans of other clubs showing ‘sympathy’. They have arses that are going a crown to a tanner, worried about what will be uncovered if the eye of Sauron fixes upon their club at some point.
Or they are Kopites who are desperate to see City get bladdered and have a load of trophies handed to them by default. It’s just lucky you don’t get points deducted for blatantly tapping up other club’s players or hacking into their computers.
7. The Premier League is a meaningless construct. Six of the biggest clubs clearly couldn’t give a shiny [Poor language removed] about it for a start- they were only too willing to turn their back on it and go and play in some imaginary Frankenstein Mastercard Heineken League. Everton should treat it with similar contempt, build their stadium and [Poor language removed] it off. Ask the Championship for entry and refuse to come up even if they win it.
Or like when of Eddie Hearn’s drug cheats can’t get a British license, go abroad and play there. The Dutch league would be good, or France. Go and have iron girder in that square in Lille every season.
8. People are being blasé about our chances of staying up even with the point deduction. It’s great that Sean Dyche and his team inspire so much confidence among the fanbase, but [Poor language removed] hell.
9. Hopefully the energy that this generates means that this becomes a pivotal moment for the good of the club. It’s been a weird, fractured institution for too long. Like the fake alien invasion at the end of the Watchmen, this deduction needs to be something that unifies the support and the club against a common enemy. Remind us what Everton really represents to us.
10. Shitting in an envelope is a lot trickier than you would think. With hindsight I would suggest writing the Premier League’s address on it at the beginning.
That's a Bold statement.
It's just fearmongering by stating the blindingly obvious.
The next set of accounts will also take in 2020-21 and 2021-22. But Everton have made significant strides in all of those accounts.
They should be absolutely fine.
Maybe Everton need to bring in better Lawyers
We won't need 40 points to stay up as you well know.
The barrister appointed us top three in country.
Unfortunately the PL have the number one on retainer.
Both have worked together and even wrote books together.
Football eh.
I would also imagine both are well aware that this is just the middle of the process.
Wat Tyler
Player Valuation: £70m
Just Joyce being the kopite that he is
The binman chronicles
Player Valuation: £80m
If interest on the stadium is taken in to account we could well be in the crap for the next couple of years given the figures banded about.
Similar Threads
-
Everton losses double in latest accounts as 'going concern' threat confirmed- Started by alan ball
- Replies: 198
-
-
