Times article, Burnley/Leeds threaten to sue Everton

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Who were Everton's external auditors, do you know?
BDO LLP wasn't it? Long established firm. We have clearly been walking the line but also appear to have been transparent to the PL so in my view there will be too much blow back on them if they suddeny try to punish us. I am confident this will blow over in a day or two. But I am currently addled from watching DCL's goal on repeat to the titanic soundtrack whilst necking red wine so what the hell do I know?
 
I think the strength of this whole thing is a hit and hope challenge by Leeds and Burnley which the media are hoping to get clicks from for a few weeks.

It's absolutely sickening we have to go through this though.

The PL need to make this disappear very quickly. They'll have loads of levers to pull so they better get pulling them once this season is over on Sunday.

I saw the PL have had it for 10 days. If that's true or throws open some conclusions for me.

1) Why would a worried party sit on it, and wait until a side was safe before acting? It strikes me they didnt deem it worthy of a response.

2) Why has it become public now? It seems a weak move by Leeds/Burnley, having not had any response via the legal channels, they try to exert pressure via the media.

There are a lot of idiots out there, who do not know what they are talking about, who can amplify half truths.

I'm really not sure you can tell someone their accounts are fine, wait until the season is finished, then back track, then punish them with a points total that goes backwards to said season. That would be a ludicrous precedent, and would allow every year, for sides to put challenges in, in the hope others may get points deductions re relegation, CL or title races.
 
To some extent yes. If they can prove the PL were wrong to accept our accounts it opens up a can of worms. However I'm not sure we can get punished on that basis, unless they could prove we were withholding information (which it generally seems we were not).

The likely event would be that the PL would probably need to make a financial settlement with said team. Similar to West Ham, Sheffield United those years ago, when it was shown West Ham did break rules, but were assured by PL it was ok. They couldn't punish West Ham.

Similar here. We have followed rules to the best of our knowledge. If after the event you decide the rules were wrong, you cant punish people retrospectively. Like if you made it illegal to drink alcohol tomorrow, you cant start locking people up for having a pint today.

It would make things messy. But difficult to see how it would come back on club.

Theres also no precedent for points deductions in PL for financial breaches, despite teams breaching previously.
But West Ham did get successfully sued by Sheff Utd.

Well, they settled out of court.

Also, im not aware of any other clubs breaking P&L rules.
 
But West Ham did get successfully sued by Sheff Utd.

Well, they settled out of court.

Also, im not aware of any other clubs breaking P&L rules.

West Ham admitted wrongdoing, in a far more open and shut case. In a lot of ways West Hams position is weaker than ours.

We have not admitted wrongdoing, and we have got the league to also state there is no wrongdoing (albeit in a roundabout way, I accept it's a little messy).

The West Ham case, a far simpler one took years.

They would need to prove not only the PL got it wrong, but we got it wrong, and we were knowingly aware the PL were getting the rules wrong. I cant see that being easy.

As for the 2nd point, nobody has broken those rules, but sides have broken FFP rules, and no points penalty has been issued.

For a 1st offence, it tends to be a fine.
 
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