6 + 2 Point Deductions

[Tin-Tin]

May as well

 

[T LEAFE]

We must be the only club who can say Our chairman is the worst chairman we've had since the last one who it turns out is also the worse chairman we've had since the one before.

Johnson to Kenwright to Moshiri, FFS

We can certainly pick them
At least the last 2 weren't RS

 

[Tin-Tin]

People are presuming we are guilty, what actual proof do they have? Rhetorical question because I know they have none. I will bow out of this thread because it certainly isn't my intention to wind anyone up.

Dont take it personally, its a bit raw. We can only kick off about City and Chelsea once the investigations into both are concluded.

 

[Bwana]

it would never happen but I’d absolutely love it to put them all in unheated changing rooms (the refs), take the railing off the stairs to the TV box, put the most hideous lunches on for any league officials and only the league officials. Anyone with any sort of formal connection to the league or the media to have the most miserable experience.

Yep. But we all know Everton won't do that. They're better than that.

 

[T LEAFE]

I reckon we will go to the Northern League Div 1 west

 

[gwladysnight]

That's not the whole story though is it? Poor management and risks that didn't work out took us into the danger zone. But we could still have pulled through had it not been for a range of mitigating factors, including Covid, transfer difficulties stadium financing etc. And the club was working hard to ensure compliance, was engaging with the PL, etc. Of course mistakes were made, but no way would we have signed Patterson and Myko unless the club believed that it could stay under the threshold.

Moshiri signed Mylenko and Patterson because the Premier League initially believed the line about the loan interest being deductible from P&S calculations because it was being used to fund the Stadium. That fell apart when the Premier League investigated the loans further.

From the judgement.

Use of Funds
If the facility is successfully completed, the funds will be used for working capital facility
purposes. Hence, in the same way as the Rights and Media Funding Limited facility this
additional financing support will be used for operational purposes during the 2020/21
season.
We do not intend to use any of the funds for the new stadium project or to buy players in
the transfer window. These funds will be used to continue to support the Club and all of the
activities that the Club are involved in for the term of the facility.
That representation is incorporated into the Metro Bank PLC loan agreement
dated 29 April 2021. Clause 2.3 reads –
Purpose
The Borrower shall apply all amounts borrowed by it…towards the payment of
indebtedness and its working capital requirements.


The terms of the loan clearly state it wasn't for the Stadium. The premier league then uncovered Everton documents that showed the Stadium was being funded by interest-free loans from Moshiri.

 

[Rollo Tomassi]

Here you go mate

rmasters@premierleague.com

Thanks for that I have sent mine

 

[jazzy]

People are presuming we are guilty, what actual proof do they have? Rhetorical question because I know they have none. I will bow out of this thread because it certainly isn't my intention to wind anyone up.

Interesting that the PL had to get a court order to requisition documents from City. Yes they have really cooperated.
I wonder how many " historical" documents got lost / shredded in the meantime.

 

[perth_blue]

It seems to me there is no specific rule on punishment for breaches of profit and sustainability.
Why is that? In most areas of the 'rules' it should be clear what the maximum and minimum sanctions are.
This should also reflect the likely %age for reduction based on co-operation and future compliance.
Otherwise what is the point and incentive for co-operation?
In the absence of any specific punishment / scale it looks thike this commission has plucked a figure from mid air.

And why has this penalty been applied with immediate effect? We have appealed. Judgement should be pending.

And where's the bloody asterisk to shame the corrupt PL when the table is viewed?

Not 100% sure it works like that. The commission have found us guilty, and applied the penalty.
It is on us to compile sufficient evidence to overturn the penalty. Until then the penalty applies.

 

[summerisle]

 

[Tipp blue]

View attachment 235763

Leicester make £3.1m settlement with Football League over FFP claim

Leicester City have agreed to pay the Football League £3.1m to settle a long-running claim that club breached financial fair play rules

www.theguardian.com

If they didn't break the rules they may never have gotten to the PL.. if we are talking about what might have happened.

 

[blulouie]

It’s not really is it? I am sure it’s quicker to deal with 1 charge than 115?

There's nothing to stop them dealing with them one charge at a time.

 

[jinkyali]

Loiks like. They can claim £4/5m due to position in the table im reading it as. Same as other clubs.

Possibly the 2 clubs that finished in the final relegation place has a claim to sue for a lot more due to relegation.

Thats the way im reading it.

But they have opened pandoras box. If this is allowed then clubs will be going after clubs left right and centre everytime they break any rule.

Clubs suing each other won't happen imho as it is to greater risk to the strength in numbers of 14 plus to get things through in the PL.

 

[Shibbywiggles]

Big Nev knows
Nothing galvanises Goodison like us being hard done by. Normally it’s just a bad ref call but this is something else

 

[DanEFC92]

Can we refuse to take Premier league official interviews etc? Cover up the badge? It's petty but I'm not arsed.