The NSNO Everton Forums

Michael Ball: "Want to waste money and ruin a football club? Phone the Everton board"

You said it

Moshiri should be held personally liable

I still can't understand why there was nobody within the club who didn't say we're close to breaching the financial restrictions. If there was, then why didn't anyone listen and act? Absolute disgrace, with potentially devastating consequences

I'm just hoping Jeremy Beadle comes onto the pitch at full time at our last home game

Paddockoldie wrote: ↑Mon Apr 01, 2024 6:28 pm I still can't understand why there was nobody within the club who didn't say we're close to breaching the financial restrictions. If there was, then why didn't anyone listen and act? Absolute disgrace, with potentially devastating consequences

It's not even that we've breached. We've done it in such a way with such borrowing that there's a good chance we are going to breach 5 years running.

I guess whats happening is we've spent ridiculous amounts on absolute shite and haven't been able to stop because the team got progressively worse. Probably ended up spending more than we intended and certainly ended up with less valuable assets to sell than we thought we would

Ultimately its a consequence of absolutely shocking recruitment. Almost every signing we've made over a large number of years has been a failure. Almost every manager (every manager) has been a failure. Every dof has been a failure. They've doubled down on the spending because the team was shite. The recruitment never improved though.
If the recruitment had just been okay or even just below average it wouldn't be a problem. We'd have more saleable assets. We wouldn't have loads of large contracts we can't give away. We'd have a bigger share of prize monies and sponsorships.

Our former board, chairman and current owner must go down in history as one of the worst leadership groups in the game. Its a constant barrage of shitty news about the club.

I don't understand why Usmanov allowed the club to be ran by a bunch of clowns? Why didn't he install some competent people? Hes upposed to be an astute businessman.

New Squires

https://www.theguardian.com/football/pi ... -purgatory

https://www.theguardian.com/sport/2024/ ... ty-chelsea

A neutral view stating what many of us have said for months. The P&S rules have nothing to do with sustainability. They will increase the divide in football. They aren't applied to the league's key revenue generators. They are only being used here to to attempt to fight off regulation. Us and Forest are just pawns in that attempt.

There’s a generous reading to all of this, which presents the recent regulatory outburst as proof of a sincere effort on the part of the Premier League to get its house in order and put top-flight football on a path to more equitable growth, and a cynical one, which holds that regulation is a useful facade to conceal and legitimize deeper inequalities within the game. With apologies to all the footballing nostalgics out there, who imagine that the Premier League is going to drop an adverse ruling against Manchester City on the penultimate day of the season and send the reigning champions packing to League Two, I tend towards the latter perspective.

Tellingly, it’s teams in the bottom half of the table – those on the way to almost-certain relegation or even, in Leicester’s case, already relegated – that have been punished first. Until we see one of the Big Six or Seven (or whatever we’re calling them now) take a hit, the agency costs of the Premier League’s new era of accountability will remain invitingly low for the clubs at the top.

Until there’s blood on the floor from a Manchester City or a Chelsea or a Newcastle (just to take three random examples), the Premier League’s profitability and sustainability regime will always appear, to jaded eyes at least, like a feudal system of entrenched privilege that punishes the serfs while letting the lords off scot-free.

The Premier League’s new era of accountability, however much it represents progress towards a fairer league, seems likely instead to entrench an existing equality deficit – between teams and divisions, above all, but also in the distance between owners and the fans, who will continue to be “engaged” and “heard” and condescended to without ever being meaningfully represented in the administration of their clubs. Regulation and financial controls won’t even the playing field in English football – they’ll institutionalize the advantages that big clubs already enjoy, while promoting a superficial transparency that will make future attempts to question the legitimacy of football’s administration all the harder. All the baring of teeth between the Premier League, the clubs, the UK government, and the putative regulator is a distraction from this blunt reality. Profitability? Sustainability? They’re whatever the teams at the top decide they are.

Relegation is pretty much irrelevant in this figure, given that it relates to a season they were in the PL.

£180m+ losses over the last two accounting periods apparently.

Gash wrote: ↑Tue Apr 02, 2024 6:20 pm £180m+ losses over the last two accounting periods apparently.

For Leicester or for us?

Cozzie wrote: ↑Tue Apr 02, 2024 6:25 pm For Leicester or for us?

Leicester.

“We pissed away a load of money but still got relegated, so it’s unfair to punish us”

Shogun wrote: ↑Mon Apr 01, 2024 3:16 pm Not a chance we survive next season, is there?

If we survive this one.

The fire sale that would ensure following our relegation and the financial mess we're in hampering the purchasing of players makes me suspect we'd be in the exact same situation we are in today, just doing it in one league lower

Just for context Brighton just announced a profit of 120 million pounds

Kerryblueboy wrote: ↑Wed Apr 03, 2024 7:31 am Just for context Brighton just announced a profit of 120 million pounds

Ffp question can a team save up their profits and spend them later?? Could Brighton post 120m profits for 5 years running then spend 600m in 1 year. Or are they still restricted by the 105m over 3 years even though they have that cash