6 + 2 Point Deductions

[Dixieslaces]

Did they have our trial balance? Even if they had, they don’t have a crystal ball. They don’t know what position we’ll finish in which is tied to revenue. Our gate receipts into the future etc. The PL isn’t a clearinghouse.

If, as we are lead to believe, they had say in what we could do, relating to purchases then it would make sense they have a model in place to show P and L projections based on signings?

 

[jinkyali]

If, as we are lead to believe, they had say in what we could do, relating to purchases then it would make sense they have a model in place to show P and L projections based on signings?

There is absolutely no way on earth the PL would be approving our purchases without measuring the impact of it on something. Otherwise what's the point.

 

[TommyDavo]

I suppose it depends what we said was coming in

 

[hoppy]

Everton officials are set to come “face to face” with Premier League CEO Richard Masters just days after the club were hit by a 10-point deduction for a profit and sustainability breach, Paul Joyce reports.

According to the Times journalist for the paper’s website on 20 November acting Toffees chief executive Colin Chong will be representing the club at the league’s shareholders meeting on Tuesday 21 November.

 

[HowardsWay]

Simon Jordan made a good point.

The PL since 2021 has had to approve the registration of every single one of our player signings.

A seeming condition of doing so was that the purchase would then provide an updated PSR position and balance sheet. Why are they approving signings that would take Everton over a breach?

I dunno.. but who knows if the PSR position / balance sheet submitted was accurate?
If we submitted details based on the four main mitigating clauses we offered, then it might not have become clear until later what was b/s?
And who really knows if we were required to do so?

 

[summerisle]

About time we had a competent chairman, rudderless at the moment.

 

[arch stanton]

So, not having been online today, what's the basis for all this optimism re the points deduction being overturned?

some good gear going round the hood

 

[Lob]

 

[jinkyali]

I dunno.. but who knows if the PSR position / balance sheet submitted was accurate?
If we submitted details based on the four main mitigating clauses we offered, then it might not have become clear until later what was b/s?
And who really knows if we were required to do so?

That's very true mate but it would appear the 20m centres on the stadium interest and Gylfi mainly so not hugely significant sums.

 

[Bez2k2k]

The PL since Aug21 monitored and approved all player purchases and then recommended Everton have broken FFP regs.

Yes but the report says that they always informed Everton it’s your responsibility not to breach P&S.

 

[HowardsWay]

Gotta be honest, wasn't expecting Lennon to get involved...but needs must, raise the dead I guess

And typical that Marsden hasn't said a thing.

 

[arch stanton]

No idea mate, I've only just recently stopped using quill pens.

I moved onto ballpoint pens, terrific technology. They write upside down you know.

 

[summerisle]

I moved onto ballpoint pens, terrific technology. They write upside down you know.

So do quill pens.

 

[Lord Byron]

Brilliant, pressure is mounting on the corrupt Premier League.

 

[PhilEFC]

Everton officials are set to come “face to face” with Premier League CEO Richard Masters just days after the club were hit by a 10-point deduction for a profit and sustainability breach, Paul Joyce reports.

According to the Times journalist for the paper’s website on 20 November acting Toffees chief executive Colin Chong will be representing the club at the league’s shareholders meeting on Tuesday 21 November.

Supposedly a really switched on bloke Colin Chong and a nice chap to boot.