Financial Fair Play investigation

[Saint Domingo]

Ha Ha Ha ha.

This Ali Bongo tit again.

Matt Hughes is on an absolute mission to bury us. Does he think Everton fans sprayed tear gas in his eye in Paris?

 

[davek]

£36M loss - is that all?

WTF have we been referred for?

 

[davek]

Matt Hughes is on an absolute mission to bury us. Does he think Everton fans sprayed tear gas in his eye in Paris?

He's flying solo on this story.

Just about any other hack would be aashamed to try to blag inside knowlefge like that.

 

[maccavennie]

Our net asset position is miles better than the previous year. I've skimmed through the accounts, and won't be reading them in any more detail, but they aren't that bad. Losses are massively down, and the trend should be further in the right direction for FY23, and the balance sheet looks not too bad either.

I find the timing of our PL investigation slightly strange I've got to say. There will be teams who lose a lot more and have a lot more debt than us....

What does the wages to turnover look like mate?

 

[davek]

These losses: they're back to 2017/18 levels aren't they?

 

[MikeH72]

£36M loss - is that all?

WTF have we been referred for?

For failing to meet the P&S rules that state we’re allowed to make a loss of no more than £105m over 3 years. I didn’t think this would still have to be explained.

 

[davek]

For failing to meet the P&S rules that state we’re allowed to make a loss of no more than £105m over 3 years. I didn’t think this would still have to be explained.

You sound disappointed the losses weren't more.

 

[MikeH72]

You sound disappointed the losses weren't more.

In what way? By giving you information?

 

[Infernus]

Mmmmmm......'Other Operating Costs' = 36.2m up 10.8m on the previous year.

Lawnmowers don't grow on trees!

 

[davek]

In what way? By giving you information?

Information I knew already.

 

[MikeH72]

Information I knew already.

You can’t have known it, otherwise you wouldn’t have asked that question.

 

[catcherintherye]

Which court would you challenge HMRC in ? Yes there is the limitation act which restricts the length of time they can pursue post 6 years but if it was down to you committing fraud, or concealing something or you making a mistake then the likelihood is you would lose any case you bought to a tribunal or tried to defend in the County Court

Well given the scenario mentioned would have been one where I didnt commit fraud, so I would defend myself in the appropriate court, and I would win.

 

[Moderatelywarmwater]

£36M loss - is that all?

WTF have we been referred for?

According to Hughes, it’s because the numbers we presented in the summer seemed ok, but when they saw the audited accounts the picture was not the same….

 

[davek]

Damo will have to adapt his attack now. P&L not the stick to beat the club with so he'll go on the part of the accounts that underline financial vulnerability beyopnd the owner's commitment to fund the club.

He'll be screaming for 25 point deductions on the back of that.

With Everton supporters like that....

 

[davek]

According to Hughes, it’s because the numbers we presented in the summer seemed ok, but when they saw the audited accounts the picture was not the same….

I read his waffle.