davek
Player Valuation: £150m
We won't need 40 points to stay up as you well know.
You don't know that. No one knows what can happen from now on with clubs like the promoted one's being boosted by Everton's tumble down the league.
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We won't need 40 points to stay up as you well know.
If the courts deem we had an advantage, that completely destroys the findings of the independent commission. And it’s the findings of the commission that opened the door to legal action. The only money changing hands would be to law firms as they disappear up each other backsides.I sincerely hope courts go the same route!
They may well get “done.”The club have said they will watch proceedings with interest, but what are the chances, in the real world, of City and Chelsea getting done?
Why would that destroy the commission's findings?If the courts deem we had an advantage, that completely destroys the findings of the independent commission. And it’s the findings of the commission that opened the door to legal action. The only money changing hands would be to law firms as they disappear up each other backsides.
Why would the courts be saying anything?I sincerely hope courts go the same route!
The 105m applies only when we have PL status, EPL has their own PSR. The problem is that this number was arrived at including covid. Which is crazy, if a club has a infrastructure project that it did not stop and daily match revenues are non-existent, it is not beyond the scope of possibility that we lost some money.It's alright saying that, but if a club is relegated £105 million is an awful lot to try and recover. If it was £200 million then the season after relegation if a club wasn't promoted they would go bankrupt.
Why would that destroy the commission's findings?
No, they didn't. That's factually incorrect.The commission stated that we gained no sporting advantage with the overspending
It will be Everton only cut and dry, everyone else will need a wide-sweeping rethink of the PSR's relevance to the PL. It is mad enough that we were sanctioned a sporting fine when we are said to have gained no sporting advantage, and while themselves making it out as if they will not punish fans.The club have said they will watch proceedings with interest, but what are the chances, in the real world, of City and Chelsea getting done?
Personally would've thought Profit & Sustainability meant to help clubs not fall into a financial mess - 'sustain' the ability to operate. It's not FFP.
In our case, we've spent 3 seasons trying to rectify poor financial mismanagement and no doubt when the set of accounts for 2022/23 go in we'll look to have made a profit. Wolves, Leicester were doing the same thing. Tightening the belts based on guidelines.
The league should step in when they feel like a club is steering beyond the parameters they've set and work with them to correct it. Something we thought we were doing with the league.
But as mentioned by pundits...the penalty they've eventually given will just make clubs not be forthcoming and honest to them knowing full well they won't get a fair hearing.
Honestly, the ruling says there was a sporting advantage. That's the point of their harsh punishment.This is what is ultimately so infuriating. The regulations are there (apparently) to protect clubs from financial ruin and ending up in administration.
We have worked with the PL to avoid this exact problem through prudent transfer window expenditure (a policy that has already punished team performance already with our best players like James, Richarlison, Gordon, Digne leaving and cheaper worse players replacing them) resulting in two back to back relegation battles)
Just at the point when we are finally coming back into compliance we are punished with a sporting penalty (despite the ruling claiming no sporting advantage has been earned) and are now threatened with a relegation and lawsuit that could lead to our financial oblivion, the very thing the regulations are supposed to protect against.
If P&S didn’t exist we would have not sold our best players, bought more during the January transfer windows in seasons we were struggling, finished higher in the league, probably kept previous managers potentially even Ancelotti, not have incurred this points deduction, not have incurred the inherent fine of lost prize money for league places lost this season. We’d also have probably been bought out now by investors who knew they had a chance of competing rather than knowing they can’t spend a bean even if they want to.
In short the regulations have done entirely what the top teams wanted them to do which is destroy their competition. We’ve been first but watch what occurs if Newcastle Villa don’t make the CL and Forest Wolves don’t sell enough players.
People can bleat on on here about how Everton didn’t follow the rules but those rules were in place purely to prevent incursions into the elite of the game.
These rules, crippling injuries, the war in Ukraine, player x issue, have absolutely decimated the club before you even get into our board’s incompetence during the period. By some miracle we’ve actually survived and built a new stadium and just at the point when we’re scraping ourselves off the ropes and ready to potentially start think about moving upwards again the league have just come in and absolutely shattered us with a penalty that will certainly impact this season if not also next season if we get relegated and even if not certainly in terms of potential transfer targets view of us.
I just can’t believe people are being so blasé about it ‘maybe it will only be 6 points’ ‘we did break the rules etc.’ ‘we’ll stay up anyway’ ‘the club will bind together, can’t wait for Sunday’ ‘as long as City and Chelsea are punished’ - it’s one of the biggest most blatantly unfair disgraces in the history of professional football that we’ve received this punishment. In effect the PL with their P&S rules and the independent commission in how they’ve upheld them have taken it on themselves to try and destroy Everton football club, and other clubs similar, as competitive entities at the top of the game.
The club should be at war with the PL from this day forward and should have the defamation lawsuit ready to go for reputational and financial damages.
In theory that is a good idea, but it means premier league teams will just get outspent by Spanish, Italian and German teams, the result being that the top players won't come to the premier league which then devalues it and makes it less competitive in Europe.Certain clubs wouldn't be able to pay them, some of those that already do, will always be able to pay them. Its already like that in some form anyway. The wages of Salah, KdB, Haaland are not attainable by 14 of the 20 clubs.
That's why I think there should be a number, a value stated that you can spend a year. £100m a year, maximum on incoming players. That applies whether you make £101m or £800m. It also isn't reduced by outgoings. If you sell a.player for £60m, them you can still only buy £100m of players that year.
Imo, that would make clubs more sustainable and puts everybody on an even keel regardless of starting point.
Also, an independent in every contractual conversation to ensure no dodgy deals and huge sporting sanctions for tapping up or shady monetary deals.