Tilling
Player Valuation: £5m
I think it probably is foregone, to be honest. I hope I'm wrong.
The fact that the appeal only got 4 points back on the grounds of proportionality/severity of the punishment being too harsh with an appeal to EFL guidelines indicates to me that we've lost the argument on whether the stadium interest costs are allowable. This is an argument we thought we were correct on when we drew up the budget for the playing squad in terms of wages and costs - so it stands to reason that we're probably going to breach again (because we thought we had about £20m worth of breathing room that we actually don't have). The appeal document even makes reference to this - that we committed an honest mistake, not that we deliberately misled the PL.
In my mind, the only way that doesn't happen is if the club was incredibly financially prudent and chose to cut down costs even further. Can't see that happening if the Premier League have charged us again based on our initial presentation of the accounts.
It's not all doom and gloom - getting 4 points back is a huge lift on the squad in terms of pressure - we probably don't play so unbelievably nervously against Palace under the lights if we're much more clear of the relegation zone. But we need to make that period count, and we need Forest to get the book thrown at them/Luton to continue shipping goals.
Rehnman
Player Valuation: £25k
Because 2 of the 3 years will be double jeopardy, but 1 of them will be entirely new jeopardy.
jerseytoffee
Player Valuation: £10m
If they're discussing double jeopardy then surely there should be no points deduction for the second charge.
To be charged twice in one season because the first charge is effectively delayed by a season is extremely harsh.
To be charged twice in one season because the first charge is effectively delayed by a season is extremely harsh.
We're found guilty the minute we submit accounts that don't comply with the regulations and thats what we've done we need to stop thinking we're innocent in this because we're not we can argue that the regulations shouldn't exist or that the punishments are too much but not really that we're not guilty.
Agree. We are a victim of a sudden rule change meaning we are being punished multiple times in one go. Not sure whats fair about that.
Tilling
Player Valuation: £5m
Only just come across this from our resident finance fan. It follows pretty logically to me that we're going to get stung again - the question is the severity. Seven points in total is a great outcome. Nine is difficult. Twelve... we best not lose anyone to injury from now until the end of the season.
Tony’s Carp
Player Valuation: £40m
Might as well just pop him on retainer for the 23/24 charge as well. Might do a 3 for 2 discount?
NathDogg
Player Valuation: £40m
Let’s be honest, they’ve completely bastardised FFP/PSR so that it’s gonna screw any club that isn’t in the scab 6 over.
They aren’t even designed to keep clubs solvent - there’s still clubs going into administration, if the PSR worked that wouldn’t happen,
There is no way the rules were intended to hammer teams who are building infrastructure and new stadiums as we have been, it’s a piss take.
They aren’t even designed to keep clubs solvent - there’s still clubs going into administration, if the PSR worked that wouldn’t happen,
There is no way the rules were intended to hammer teams who are building infrastructure and new stadiums as we have been, it’s a piss take.
Chrismac
Player Valuation: £10m
We haven't sacked a manager in this financial year, will be plenty of wriggle room for legal costs
The club have patted themselves on the back for being incompetent instead of dishonest.
What. A. Club.
What. A. Club.
Gilbert..
Player Valuation: £40m
Only because you refuse to cooperate. Tbh i hope you continue to do that. You've quite clearly cooked the books but so what. You were never ever going to get where you are today without spending beyond what your club generates. If the club have owners and the funds then balls to the like of platini arsene wenger and bayern who didnt want any newcomers blowing them out of the water.
The whole system is about preservation
Everton tried to better themselves. Made as pigs ear of it as you could have with recruitment. I dont agree you should get penalised for that. Anyone who sticks two fingers up to this grubby premier league isnt going to get criticised by me.
