Moshiri will likely hire you for next seasons charge and then we really can wrap up the cluband they’re co owner wants it scrapped like now? after only everton have been done?
if that happens i will take up law and take the PL to court
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Moshiri will likely hire you for next seasons charge and then we really can wrap up the cluband they’re co owner wants it scrapped like now? after only everton have been done?
if that happens i will take up law and take the PL to court
and they’re co owner wants it scrapped like now? after only everton have been done?
if that happens i will take up law and take the PL to court
Maybe, but then I think the sustainability element is more the emphasis than the profit. United are not in any danger of insolvency, their business can sustain a lot more debt than ours can.
The implementation and balance of FFP can be debated but the stated aim is to deter reckless, unsustainable spending that could lead to insolvency. It’s hard to deny that describes the Moshiri years, and here we are genuinely worried about administration if we can’t get a credible buyer.
It’s also the case that if FFP hadn’t constrained us from 21/22 then instead of being on the brink of insolvency we might be there already. The PL would argue that’s the system working.
There’s a lot that needs to change about the system, it needs to move to a Spanish style preventative model rather than a punitive one. But it’s also very arguable that on balance we’d be even worse off than we already are without FFP.
I don’t actually think Moshiri spent too much money. The problem was we bought an unprecedented amount of crap that we had to give away.
We shouldn’t be put off from spending such sums (and more) again should PSR allow it.
That been a major problem. The like of Bolasie got 5 years pay for half a seasonI don’t actually think Moshiri spent too much money. The problem was we bought an unprecedented amount of crap that we had to give away.
We shouldn’t be put off from spending such sums (and more) again should PSR allow it.
3 number 10s, wrong manger, list goes on and onThere were very early signs that we didn’t know what we were doing with the money when we were buying Bolasie for £28m in Moshiri’s first transfer window. It spiralled out of control from that point, but that was the first major red flag for me.
In transfer fee terms I agree but like you say reckless spending is about how you spend it. For a club like us spending needs to always be an investment because we are not top of the food chain. Moshiri's spending was rarely if ever an investment- he relentlessly bought guys in their mid-late thirties with huge wage demands, and no matter how well or badly they play that is terrible investment.I don’t actually think Moshiri spent too much money. The problem was we bought an unprecedented amount of crap that we had to give away.
We shouldn’t be put off from spending such sums (and more) again should PSR allow it.
and they’re co owner wants it scrapped like now? after only everton have been done?
if that happens i will take up law and take the PL to court
There were very early signs that we didn’t know what we were doing with the money when we were buying Bolasie for £28m in Moshiri’s first transfer window. It spiralled out of control from that point, but that was the first major red flag for me.
Isn't that why Reading keep getting points deducted? Failing to pay wages (also tax bills).Discussing all this with my older brother - if we do not get the correct new owners this points thing may be immaterial if we end up in administration because that's an automatic 9 points deduction which will send us down plus other problems 777 I don't think will be able to purchase us as they won't pass the prem guidelines - they failed to pay the wages of another club the own last month .....
I think the thing to remember is that although it's talked about in some quarters as a medium-term possibility the club isn't currently displaying any of the telltale signs of imminent administration. There's no signs of anyone not getting paid - players, staff, creditors, HMRC or Laing O'Rourke. If the club had concerns about paying its way til the end of the season they could've had a fire sale of players in January and didn't.Discussing all this with my older brother - if we do not get the correct new owners this points thing may be immaterial if we end up in administration because that's an automatic 9 points deduction which will send us down plus other problems 777 I don't think will be able to purchase us as they won't pass the prem guidelines - they failed to pay the wages of another club the own last month .....
My big concern has always been the wages - that’s what has been kneecapping us for a while - talk of the likes of holgate on 70k a week - the fact we couldn’t give away a number of the players who were happy to run down their fat contracts tells me we’ve been paying well the going rate.There were very early signs that we didn’t know what we were doing with the money when we were buying Bolasie for £28m in Moshiri’s first transfer window. It spiralled out of control from that point, but that was the first major red flag for me.
Very good read that and for me tries to address the salient facts that they "made it up as they went along" that we have all been privy to.This article explains the appeal process, and what might (or should) come next - by John Blain.
Business With Blain: Explaining Everton's Appeal
JohnB on Everton's partially successful appeal, and what should come next.mtag.substack.com