Am I right in thinking that this new P&S figure is the first one to include the loss of sponsorship caused by the embargo on trade with Russian entities?
It could perhaps explain why we have struggled to keep within the limits. It should also be considered valid mitigation for doing so. I know the commission have previously given that claim short shrift, but that response is really subject to challenge.
It’s preposterous to expect clubs to prepare for hypothetical trade embargoes that are impossible to predict, and are caused by geopolitical events that are totally beyond the control of Everton.
In truth, it's an extremely strong mitigating factor, and I believe it may have become a lot more relevant because the previous breach didn't include the loss of sponsorship income, but this new breach does!