Financial Fair Play investigation

[Bluemersey]

Mmmm it could well be those USM funds what destroys us if our books get properly investigated.

 

[scratchnsurf]

I really don't think all the media have got together and agreed with themselves that they want us out of existence.

It's not that unbelievable. Evertonians have got together and agreed with ourselves that we want us out of existence.

 

[RomanReigns]

This is something I have never understood. How could we have losses through covid so large when other clubs came nowhere near? Smacks of cooking the books to suit an agenda to me.

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We were the only club still paying staff during covid-19 instead of utilising furlough

Vera the head cook was on 50 mil a year

 

[Yarrgh]

Don't forget the Illuminati. Surely, they must play a part too?

Skidoo to get the no. 23 shirt?

 

[PhilRegan]

Jesus, the media absolutely hate us don't they? I have never seen so much glee, and such wild speculation presented as fact. Really not sure why, but they just want us completely out of existance.

I think it's the link to putins friends, has to factor in.

 

[Narntwinnysivven]

I really don't think all the media have got together and agreed with themselves that they want us out of existence.

I don’t know Mooms. I drove down Walton lane a few times on the champions league nights and seen the floodlights were on and yet there was no mention the next day of the result. Could have been in 2 semi finals and we wouldn’t know a thing thanks to the bias scum 6 media

 

[thevorpalblade]

Perhaps this FFP Thread and the Board Thread should be merged.
Our predicament lies solely with 'The Board'.

 

[Bebeto]

This is something I have never understood. How could we have losses through covid so large when other clubs came nowhere near? Smacks of cooking the books to suit an agenda to me.

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Of course it's creative accounting...but within the rules.

 

[Swartzy]

I will say Newcastle now do more than 90% wage to turnover ratio (last I read).

But they're gonna inflate the shiz out of every commercial deal going forward so will no doubt eclipse our revenue in 2 years

Newcastle have the perfect Blueprints to work from, Our biggest achievement in the premiership will be for the benefit of others.
Any club with new major investment and looking to build/Restructure to try and bridge the gap with the big boys, will possess a handbook on Everton's approach as a main commodity of how not to do things.
The premier league will probably even use us as a learning tool and an example to others..

The only club that won't use it will of course be us, the creators...

 

[HowardsWay]

Of course it's creative accounting...but within the rules.

But is it? We shall soon find out.

 

[HowardsWay]

Newcastle have the perfect Blueprints to work from, Our biggest achievement in the premiership will be for the benefit of others.
Any club with new major investment and looking to build/Restructure to try and bridge the gap with the big boys, will possess a handbook on Everton's approach as a main commodity of how not to do things.
The premier league will probably even use us as a learning tool and an example to others..

The only club that won't use it will of course be us, the creators...

I dunno about that... at least Pompey won something before oblivion came.

 

[WA Toffee]

This is something I have never understood. How could we have losses through covid so large when other clubs came nowhere near? Smacks of cooking the books to suit an agenda to me.

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That graph only shows half of the clubs, do you have one showing all 20 just for a full comparison?

 

[GP_Monty]

Here was silly old me thinking that the reason we have been in a relegation battle the last two seasons was we have been quite a bit garbage.

But, in reality it's a combination of SKY, BBC, the Premier League and FA have all conspired together to get us relegated.

And Ivan Toney

 

[Swartzy]

I dunno about that... at least Pompey won something before oblivion came.

That was years ago though, There wasn't such a bright light shining on how the premier league has been properly adhering to rules and regulations then.
Now it's such a Dominant force in world football that it's burying other European leagues.
They have been turning a blind eye to situations in-case it harms there format. Now It's caught up with them they have to act quick and make examples of teams.

And no I am not trying to back Everton up here, I'm just saying how it is..
We've been digging this graveyard for years now...

 

[Mr Popodopolous]

Of course it's creative accounting...but within the rules.

That's for a Panel to decide.

Interested in your thinking about the Football League actually voting albeit after the event about a cap on Covid losses and then the onus on the club to prove their case if higher.

2019-20- £5m
2020-21- £5m
Or If say £2m and £8m, combined average £5m.
2021-22- £2.5m

The Championship club Covid add-back baseline is £7.5m. Should the Premier League have adopted something similar albeit higher or course but perhaps category based? My view is yes.

My logical conclusion from that is that if a club has a higher Covid loss or add-back and it materially affects FFP returns then off to a Disciplinary Commission it is. I can think of Stoke, plus potentially Fulham and Nottingham Forest as notable examples who should be in front of one so the IDC/Panel can make a fair judgement.