6 + 2 Point Deductions

[Goat]

The times reporting Everton and Forest will be charged on Monday

I dont have a sub and you arent allowed to paste it anyway, but here is the "headline".


This is how convinced the Premier League is of the worth of its profit and sustainability rules. From August 2024, they change. Quite how isn’t yet in the public domain, but the expectation is for a system more aligned with the Uefa model, focusing on wages to turnover. So, on Monday, the likelihood is that Everton and Nottingham Forest will be charged and, if found guilty, potentially relegated, for falling foul of a system rated so highly by its enforcers that it has eight months to live. There’s governance for you. Watch out, the Post Office.................

Condemning Everton and Forest a bit rich when rules set to be scrapped

Changing profit and sustainability rules in August is a tacit admission that, in the present state, they are no longer fit for purpose

www.thetimes.co.uk

 

[Goat]

Nobody show it to @matty1878

 

[Toffeepot]

I dont want a level playing field.

I personally dont think a little no mark club like Luton should be able to spend as much as Manchester United.

Thats not to say I think the current rules are fair, but something like the current new UEFA FFP rules would be a better option for me, a % on revenue, not a flat rate across the league.

I do
100% do
as long as the rules reflect an owner takes responsibility for his own expenditure and it isn't offset against the club
The fact Utd and the like can spend hundreds of millions and still be less entertaining than Luton bothers me greatly because they are protected long term. Utd are allowed to be rubbish for a period of time and get away with it, one slip from Luton this season and they are guaranteed out of the league. Does that sit right with you?

 

[pfim]

I dont have a sub and you arent allowed to paste it anyway, but here is the "headline".


This is how convinced the Premier League is of the worth of its profit and sustainability rules. From August 2024, they change. Quite how isn’t yet in the public domain, but the expectation is for a system more aligned with the Uefa model, focusing on wages to turnover. So, on Monday, the likelihood is that Everton and Nottingham Forest will be charged and, if found guilty, potentially relegated, for falling foul of a system rated so highly by its enforcers that it has eight months to live. There’s governance for you. Watch out, the Post Office.................

Condemning Everton and Forest a bit rich when rules set to be scrapped

Changing profit and sustainability rules in August is a tacit admission that, in the present state, they are no longer fit for purpose

www.thetimes.co.uk

“The likelihood.”

 

[Goat]

I do
100% do
as long as the rules reflect an owner takes responsibility for his own expenditure and it isn't offset against the club
The fact Utd and the like can spend hundreds of millions and still be less entertaining than Luton bothers me greatly because they are protected long term. Utd are allowed to be rubbish for a period of time and get away with it, one slip from Luton this season and they are guaranteed out of the league. Does that sit right with you?

Yeah, im totally ok with that.

 

[Goat]

“The likelihood.”

Is he guessing, or does he know?

Just the right side of vague to give him credibility either way.

 

[pfim]

Is he guessing, or does he know?

Just the right side of vague to give him credibility either way.

If he knew, he wouldn’t have used that word.

Have to say, reporters in the UK are very casual with facts and truths.

 

[Goat]

 

[Goat]

If he knew, he wouldn’t have used that word.

Have to say, reporters in the UK are very casual with facts and truths.

Thats a polite way of saying they are wham chatting ferrets, which they are.

 

[Tony’s Carp]

I dont have a sub and you arent allowed to paste it anyway, but here is the "headline".


This is how convinced the Premier League is of the worth of its profit and sustainability rules. From August 2024, they change. Quite how isn’t yet in the public domain, but the expectation is for a system more aligned with the Uefa model, focusing on wages to turnover. So, on Monday, the likelihood is that Everton and Nottingham Forest will be charged and, if found guilty, potentially relegated, for falling foul of a system rated so highly by its enforcers that it has eight months to live. There’s governance for you. Watch out, the Post Office.................

Condemning Everton and Forest a bit rich when rules set to be scrapped

Changing profit and sustainability rules in August is a tacit admission that, in the present state, they are no longer fit for purpose

www.thetimes.co.uk

We were 19.5m up to 21/22 and a spectacularly bad year 18/19 falls off the calculation so it would've taken spectacularly bad management not to get us under the limit up to 22/23, given we had the Gordon sale giving us 40m of pure profit.

But this is Everton so you can't rule it out. In any case, regardless of how badly run we've been, it isn't the fans fault. If we're going to get two deductions in one season over accountancy it might be time just to give up with this wretched "sport". You just want to believe in what happens on the pitch, not have everything overturned because the spreadsheets are wrong.

 

[Goat]

We were 19.5m up to 21/22 and a spectacularly bad year 18/19 falls off the calculation so it would've taken spectacularly bad management not to get us under the limit up to 22/23, given we had the Gordon sale giving us 40m of pure profit.

But this is Everton so you can't rule it out. In any case, regardless of how badly run we've been, it isn't the fans fault. If we're going to get two deductions in one season over accountancy it might be time just to give up with this wretched "sport". You just want to believe in what happens on the pitch, not have everything overturned because the spreadsheets are wrong.

No idea whats going on.

But the fact that 777 have had to loan us 150m since October doesnt really indicate a club in a sound financial state.

Granted, I suspect a chunk was for the Stadium.

But as above, guess we need to wait till Monday to know the "truth" and the facts.

 

[Tony’s Carp]

No idea whats going on.

But the fact that 777 have had to loan us 150m since October doesnt really indicate a club in a sound financial state.

Granted, I suspect a chunk was for the Stadium.

But as above, guess we need to wait till Monday to know the "truth" and the facts.

Well we lost 45m in 21/22, which is bad, but in 18/19 (the year that falls off the calculation) we lost £112m so as far as I can work out even matching 21/22 in 22/23 would greatly improve our PSR position.

It also shows on operations we are losing 3-4m a month, which again is bad, but if we're borrowing 20m a month the bulk is definitely for the stadium.

 

[Goat]

Well we lost 45m in 21/22, which is bad, but in 18/19 (the year that falls off the calculation) we lost £112m so as far as I can work out even matching 21/22 in 22/23 would greatly improve our PSR position.

It also shows on operations we are losing 3-4m a month, which again is bad, but if we're borrowing 20m a month the bulk is definitely for the stadium.

We were losing 3-4m a month, then we got even more loans.

 

[Noisy noise annoys]

Wish I’d not opened this poo thread now

 

[Tony’s Carp]

We were losing 3-4m a month, then we got even more loans.

Interest payments probably increased between 21/22 and 22/23, but on the flipside in summer 22 Richarlison, Allan, Rondon, Tosun, Delph and Gylfi all departed so that was a lot of very well paid mostly dead wood off the wage bill. There were arrivals but with the club being a lot more frugal they probably weren't on quite such extravagant wages, so there was probably a decent saving there.

Like you say, I guess we find out on Monday. But if we've failed to improve our position even with 18/19 falling off it's pretty unforgivable.