catcherintherye
Player Valuation: £80m
To be honest what's happened in Ukraine really muddies the FPP waters - as a lot if our sponsorship was Russian an based we could argue very convincingly that it should be offset due to circumstances out if our control same as with COVID
I suspect these conversations are happening.
Ultimately the PL know, if something like that goes to court, Everton win 99/100 and the 1 time they don't they probably win on appeal. Everton did the correct thing in pre-emptively ending a lucrative sponsorship deal. It makes no sense for the club to be penalised for doing the right thing. A court would take a very dim view, if a regulator tried to punish someone for doing the right thing morally, even at the expense of their own business.
We are also involving the PL heavily in what we are doing. I'd imagine they are giving the yes or no to most business which gets us out of trouble.
It's worth noting as well, in business, these sort of write downs, are very common. I'm not saying the exact same things, but the concept is common.
It's interesting that there has been no special panel convened as some people said would be happening immediately after the season, and it's all gone very quiet. It's almost like Everton have done nothing wrong, and the PL have laughed off Burnley/Leeds ridiculous suggestion.