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6 + 2 Point Deductions

Just noticed that William Hill's aren't offering odds on Man City or Chelsea being relegated. Which is odd, considering you can bet on the RS to go down at 1000/1.

Probably just covering their backs, just in case,. But think it's interesting anyhow.
 
Goat said:
So how many of previous signings payments did we make then?

Transfer fees are paid over a period of time, normally 24months, so any players bought in the previous 24 months would have needed paying before June 23.

Im not asking that question to be an arse, you cant answer that, nobody can without a full inspection of the accounts.

Which is why I laugh when people talk about "cash down" like they have any idea of how a Transfer actually works, I include myself in that by the way, I have no idea how a transfer actually works
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They’re paid over the length of contract not 24 months. What we agree with the selling club ie paying it over a certain period will effect cash flow, but not PSR
 
Goat said:
Well considering we "wrote off" around 180million pounds worth of loses due to "covid years", I dont really think we should focus too much on that Mike.

You know?
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We’re not focusing on it, the league are. If we’re led to believe that our next set of accounts have to include 2022/23, 2021/22, and then randomly a combination of the previous two seasons combined. We’re now being tried for 4 seasons and it’s not fair at all.
 

blueboy72 said:
They’re paid over the length of contract not 24 months. What we agree with the selling club ie paying it over a certain period will effect cash flow, but not PSR
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Yes, I know, there are 2 things at play here, well more than 2.

But Tim and I were solely taking about money in, money out, so in that case, its about the money owned to clubs.
 
roydo said:
It comes back to the rolling 3 year thing. Or not. Covid happened in the middle year, and a bit in the others, so maybe thats how it worked?
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Not with regards to this year’s accounts it didn’t. The 3 years should be 2020/21, 2021/22 and 2022/23. 2019/20 should drop off, but it won’t because someone somewhere has decided to combine it with 2020/21 for some unknown reason.
 
MikeH72 said:
We’re not focusing on it, the league are. If we’re led to believe that our next set of accounts have to include 2022/23, 2021/22, and then randomly a combination of the previous two seasons combined. We’re now being tried for 4 seasons and it’s not fair at all.
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Its a rolling 3 year window, so you can in theory fail it 3 years on the run.

Fair or not, they are the rules.
 
Magus said:
Again, I can understand your stance in terms of stopping clubs from jeopardising their sustainability, but is this what Everton are perceived to be doing rather than an outlier due to a series of unlikely circumstances occurring in rapid succession?

Apart from some wild media speculation I haven't seen anything to suggest we are about to go bust, in fact I was surprised to see the actual scale of the overspend in the panel's report. The stadium build seems to be ploughing ahead as if nothing untoward has happened - does this really point to a club in existential distress rather than passing difficulties? I genuinely have no idea where the club stands in terms of its overall financial viability as opposed to the spending limits.

Of course these things could happen at any time but it is the nature of football investment to take a flier at times, and if you are too risk averse how do you ever aspire to compete? For me and many others these rules seem to be more about preserving the advantages of the top clubs than avoiding smaller clubs going bust.
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Everton have made fairly heavy losses for years on the run despite selling assets which isn't sustainable whichever way you look at it. You can take a risk but if it doesn't work out then things need to change - we seemed to double down and go again with 2 or 3 management teams before having to really put the brakes on things.

Some of the transfer windows the past 2-3 years suggest something was far from right given the amount of deals that fell through.

I've no idea how close to the brink the club has come if at all. But in many industries the first time Joe Public knows about it is when they're stranded on foreign soil with a ticket for a now bust airline or turning up at a site/factory and there's a padlock on the gate. Moshiri was telling us he was getting top quality outside investment by selling a minority share not so long ago but is now seemingly flogging the club in it's entirety to an investment group with a less than stellar reputation.
 
Goat said:
Its a rolling 3 year window, so you can in theory fail it 3 years on the run.

Fair or not, they are the rules.
Click to expand...

Well yeah, which would make the 3 years 2020/21, 2021/22 and 2022/23. That wasn’t my point. My point was that there’s a 4th year added on now because they’ve weirdly decided that 2019/20 and 2020/21 are the same thing.
 


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