The NSNO Everton Forums

Did Sky write that?

Last I saw we were still ten points down.

Fantastic that like haha

Nah, it's bollocks and in a world we rightly moan at fans signing 'feed the scousers' and 'sign on' etc, signing about 'Chelsea rent boys' in this day and age is poor, we really don't help ourselves at times. Appreciate it's just some random on X but it's shite like.

I think that tweet is referring to this

Wolves have posted 65m overspend apparently

Trowel wrote: ↑Mon Dec 18, 2023 9:45 pm

Latest year doesn't mean much if you add it to the previous two accounts and are over £105m though.

We'd need to know all three years, although as that info is out there hopefully someone more clued up than me can confirm how much we lost over those?

AjaxAndy wrote: ↑Tue Dec 19, 2023 7:35 am Latest year doesn't mean much if you add it to the previous two accounts and are over £105m though.

We'd need to know all three years, although as that info is out there hopefully someone more clued up than me can confirm how much we lost over those?

It is the next "round" (3 year rolling period) Ornstein reckons we're compliant for, go to about 29 mins in that video.

Can someone explain why profit and sustainability is spread over 3yrs. As to me it just feels like you can get punished 2/3 over. Say we post a profit for last year or don't go over but it's still doesn't cancel out the previous 2 yrs, and we are over the 105m and get done again. Don't m make sense.

weimaranerblues wrote: ↑Tue Dec 19, 2023 11:01 am Can someone explain why profit and sustainability is spread over 3yrs. As to me it just feels like you can get punished 2/3 over. Say we post a profit for last year or don't go over but it's still doesn't cancel out the previous 2 yrs, and we are over the 105m and get done again. Don't m make sense.

It's to allow the odd splurge.

I do have the figures for the last few years. But after they said they will take stadium interest loan payments into account, all the figures mean nothing anymore as we don't actually know what is allowed to be written off any more.

Trowel wrote: ↑Tue Dec 19, 2023 10:56 am It is the next "round" (3 year rolling period) Ornstein reckons we're compliant for, go to about 29 mins in that video.

Ah that's better as the tweet said previous year not three. Fingers crossed that's correct then and we don't get stung again for what is essentially the same crime.

Paddockoldie wrote: ↑Tue Dec 19, 2023 7:32 am Wolves have posted 65m overspend apparently

20/21 - £20m Profit
21/22 - £43m loss - So net £23m loss so far
22/23 - £65m loss - So net £88m loss and within the £105m allowance? For it to be a £65m overspend over the period they've have to be at -£170m for the period, which given only -£23m was being carried forward from the previous 2 years they'd have to have lost circa £150m last year? That doesn't seem likely. Might come down to when the Neves transfer was booked though.

Goaljira wrote: ↑Tue Dec 19, 2023 1:52 pm 20/21 - £20m Profit
21/22 - £43m loss - So net £23m loss so far
22/23 - £65m loss - So net £88m loss and within the £105m allowance? For it to be a £65m overspend over the period they've have to be at -£170m for the period, which given only -£23m was being carried forward from the previous 2 years they'd have to have lost circa £150m last year? That doesn't seem likely. Might come down to when the Neves transfer was booked though.

They’ll be back to whinging about how they’ve had to sell their best players to stick within the rules and it isn’t fair that Everton didn’t bother doing that so should be relegated

It's a bit of whataboutery but hard to imagine Man City or potentially Chelsea being punished with similar severity with further noise around the super league at the moment. If you're the Premier League then you're absolutely terrified of them and other clubs forming their own elitist paradise.

That court case has opened up a great opportunity (can of worms) for us/anyone to challenge the FFP ruling policy and process.
If the eu court can determine stopping the super league is a restriction of trading then what is FFP but a restriction of trading ?
You can see it now city & chelsea will challenge the charges, the PL will drop their cases and we’ll be the only prem team to suffer from it.