Financial Fairplay Investigation - 2025 Nobody in Breach

[Bluedylan1]

It's one of the reasons that the rules are so crazy. You can find yourself in a bit of a death spiral that it's very hard to get out of.

[Escalator]

Loss of £89m after everything has been deducted?

I guess that’s without the deductions which we provide in mitigation such as Covid, Stadium construction, Bills wake etc.

[Shogun]

It's one of the reasons that the rules are so crazy. You can find yourself in a bit of a death spiral that it's very hard to get out of.

The great thing though is that you can get relegated on the back of the points deductions where you're now operating under stricter conditions and have to completely strip the squad which can easily lead to another relegation and you're spiralling down the leagues where you have to find ways to cut costs again to avoid administration.

But it's okay because these rules were brought it in to help clubs be sustainable.

[Gash]

https://www.evertonfc.com/news/3947487/ ... t-accounts

[Shogun]

I guess that’s without the deductions which we provide in mitigation such as Covid, Stadium construction, Bills wake etc.

Would love that to be an argument

"You've put down £50m as 'Bill's blues blowout'?"

"Yeah yeah, getting Elton John to duet Candle in the Wind with Roberto Martinez doesn't come cheap"

[Granite]

£89m loss after the books have been massaged to fuck to make them as palatable as possible.

The debt would’ve dramatically increased since then with MSP’s £150m and more borrowing from Sports and Media Fund. I’ll ignore the £180m from 777 as it’ll get converted to equity.

Still, that’s £50m a season in interest (The Esk says we borrow from SMF at 10% interest and that’s usual short term borrowing rate for football clubs).

The club needs buying and the finances restructuring asap.

Also, we’re losing all this money but we need to actually start buying some quality players at some point. We can’t keep cutting and cutting - the squad isn’t good enough as it is.

[Escalator]

Reckon that if we could just start racking up a few points, starting Tuesday, we could maybe survive a four point deduction.

[weimaranerblues]

That's us done.

[Goaljira]

Reckon that if we could just start racking up a few points, starting Tuesday, we could maybe survive a four point deduction.

I'd think at this point we're looking at worse than last time.

We're either £50m over the 3 year £105m loss allowance, or £55m over a single year £35m allowance. Whichever way you shake it we've been ran shambolically.

[brap2]

89m lmao.

I was very very pessimistic re: moshiri but fuck me it's gone worse than I ever could have imagined.

[Granite]

Didn’t the club use the mitigation that our accounts were trending in the right direction? Scratch that.

[Shogun]

But wasn't Villa's something like £120m losses? And they're not being charged for a breach.

Obviously it's that a good sign for the club but I'm doubting PSR losses is £89m.

[Granite]

Too late in the season for these accounts to lead to a 3rd points deduction this season. But… the next 3 year rolling PSR period would be: £120.9m in 2020-21, £44.7m in 2021/22 season and £89.1m for 2022/23. £254.7 losses (pre deductions). That will certainly lead to a points deduction, next season.

£89m is so bad it’ll fuck us for years. Honestly was expecting half of the £44m in the last accounts.

[777Kidnappings]

This is the dame financial period we sold Gordon isn't it?? The club is worth zero now. Probably less than zero in reality so going to need administration to make it a decent investment

The double jeopardy thing becomes a bit daft when we've done almost the 3 year loss in 1 year too. We are going to miss ffp every single year now. Even selling Braithwaite and onana we will still miss. After that they'll be little to sell as we continue to miss every year

I do wonder what the point is in repeatedly punishing a club now. Everything we've done wrong has already happened and is pretty much unfixable

[Gash]

What's the cut off point once they introduce the new rules?