Page 45 of 179
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Tue Jan 02, 2024 9:45 pm
by TheRam
They’re running scared.
Can’t handle dyche ball marching up the league.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Tue Jan 02, 2024 9:56 pm
by Escalator
So, far from getting our ten point penalty reduced we are more likely to get a further reduction, if that’s the case we are 100% relegated.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Tue Jan 02, 2024 10:06 pm
by 4evablu
How can the cheating corrupt bustards demand accounts to be submitted within a calendar year YET every financial business institution
Submits to the financial fiscal year?
Why aren’t the legal eagles challenging these corrupt bustards who see PL to be making it up to suit themselves
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Tue Jan 02, 2024 10:10 pm
by Bluedylan1
Hopefully the Prem are mismanaging ''regulation'' (and I use the term loosely) of this completely skewed, perverse system so badly that FFP/P&S will ultimately collapse.
Obviously it's important for clubs to be sustainable and run properly, but we know this has absolutely nothing to do with that.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Tue Jan 02, 2024 10:15 pm
by Cereal Killer
4evablu wrote: ↑Tue Jan 02, 2024 10:06 pm
How can the cheating corrupt bustards demand accounts to be submitted within a calendar year YET every financial business institution
Submits to the financial fiscal year?
Why aren’t the legal eagles challenging these corrupt bustards who see PL to be making it up to suit themselves
Not to piss on your chips but the Premier League seasons don’t run April to April
They’ve given months since last season finished for clubs to get accounts for that season sorted
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Tue Jan 02, 2024 11:02 pm
by Cods
Cereal Killer wrote: ↑Tue Jan 02, 2024 10:15 pm
Not to piss on your chips but the Premier League seasons don’t run April to April
They’ve given months since last season finished for clubs to get accounts for that season sorted
Don't tell me your fiscal year is not 1 July to 30 June?
Madness.
There's so much triple jeopardy, entrapment, dodgy rules, regs and punishments formulated on the fly and implemented ad hoc,
It'd be embarrassing running a small business implementing this sort of stuff, let alone the planet's premier football competition. Absolutely disgraceful.
The problem is it seems on the surface at least, so obviously unfair (not just to Everton, but 13 others) that it's very surprising there isn't such an easy legal case to answer and overturn most of this. Suggests there's more to it than that.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 3:08 am
by blueToffee
Bluedylan1 wrote: ↑Tue Jan 02, 2024 10:10 pm
Hopefully the Prem are mismanaging ''regulation'' (and I use the term loosely) of this completely skewed, perverse system so badly that FFP/P&S will ultimately collapse.
Obviously it's important for clubs to be sustainable and run properly, but we know this has absolutely nothing to do with that.
It will collapse, it's only a matter of time.
Possibly it'll hit the rocks once Man City have their way with them in whatever court they pull them through.
Either that or the government launch their independent panel, but the panel have no teeth for breaches like this so all the charges will be wrapped up into a financial slap on the wrist.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 3:15 am
by blueToffee
It would of course be insane though for us to be charged with a breach of the same rolling period though because basically once you have one breach you'd be docked points for the same offence 3 times?!
That said, I'd not put it past them to dock us again, as they clearly have their agenda.
In a world where Forest were also docked you'd be looking at:
Burnley 11
Forest 10
Sheffield Utd 9
Everton 6
We'd have to chase down Burnley and Forest to stay up. IF Forest weren't docked we'd be completely toast.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 7:44 am
by Gary1878
I can’t believe that we would be over FFP for these accounts. Seems all media/press scaremongering on our part. Could/might/maybe etc etc.
Surely we would have been over by miles more in the previous 3 cumulative years for us to be over again in this set, as we have certainly had much more financial prudence in the last financial year and have had sales of a lot of assets to balance the books.
The only hiccup might be the stadium as I have no idea how that is represented in the P&L.
Forest look like they are in trouble though. And that would be fast tracked for this current season. Not sure why they could take legal action and we couldn’t?
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 7:54 am
by Escalator
Gary1878 wrote: ↑Wed Jan 03, 2024 7:44 am
I can’t believe that we would be over FFP for these accounts. Seems all media/press scaremongering on our part. Could/might/maybe etc etc.
Surely we would have been over by miles more in the previous 3 cumulative years for us to be over again in this set, as we have certainly had much more financial prudence in the last financial year and have had sales of a lot of assets to balance the books.
The only hiccup might be the stadium as I have no idea how that is represented in the P&L.
Forest look like they are in trouble though. And that would be fast tracked for this current season. Not sure why they could take legal action and we couldn’t?
Difference between us and forest is we admitted guilt, they are contesting it.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 8:56 am
by Gary1878
According to transfermarkt, their net spend in 2022/23 was -£190m and this season it is -£52m.
Surely they have breached FFP. How can they get away with it with that much of an overspend? Even if you assume that revenue jumps by £100m or so by being in the PL, that spend doesn’t even include wages.
And they have a reduced FFP limit by being in the Championship so the limit is only £61m or so for 3 years.
There is a real danger that they have busted right through those limits by some margin unless I am missing something.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 9:23 am
by 777Kidnappings
Bob Sacamano wrote: ↑Tue Jan 02, 2024 9:35 pm
The thing that stinks the most is they’ve all of a sudden decided to “fast track straightforward cases” then quickly reminding us all that of course this doesn’t apply to City and Chelsea.
The reports on City is that they have agreed a date with them for their case... why would they have to agree a date
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 10:00 am
by brap2
Gary1878 wrote: ↑Wed Jan 03, 2024 8:56 am
According to transfermarkt, their net spend in 2022/23 was -£190m and this season it is -£52m.
Surely they have breached FFP. How can they get away with it with that much of an overspend? Even if you assume that revenue jumps by £100m or so by being in the PL, that spend doesn’t even include wages.
And they have a reduced FFP limit by being in the Championship so the limit is only £61m or so for 3 years.
There is a real danger that they have busted right through those limits by some margin unless I am missing something.
P&S limits £105m over 3 years, adjusted to about £83m if 1 year is in the champ
Forest operating profit/loss
2021
-£29.4
2022
-£49.5
2023
?
Ours
20/21
-£150
2022
-£103
2023
?
Chelsea is the one I can't get my head around, their losses are like...500m+ before 2023 where they spent another bomb.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 10:29 am
by Goaljira
brap2 wrote: ↑Wed Jan 03, 2024 10:00 am
P&S limits £105m over 3 years, adjusted to about £83m if 1 year is in the champ
Forest operating profit/loss
2021
-£29.4
2022
-£49.5
2023
?
Ours
20/21
-£150
2022
-£103
2023
?
Chelsea is the one I can't get my head around, their losses are like...500m+ before 2023 where they spent another bomb.
Chelsea sold players before the end of the FY, and bought players after. They're owners have also hinted they'll fight any punishment as actions of the previous regime which they had no control over, so wouldn't be fair to punish them.
Re: Financial Fairplay Investigation - Deducted 10 points
Posted: Wed Jan 03, 2024 11:15 am
by Cozzie
777Kidnappings wrote: ↑Wed Jan 03, 2024 9:23 am
The reports on City is that they have agreed a date with them for their case... why would they have to agree a date
Yep, they've apparently agreed (with who I have no idea) to not be "investigated" until the end of 2025, conveniently when Peps contract runs out, meaning at least another year of success.
City and Chelsea will simply keep kicking the can down the road until they reform the rules.