Financial Fair Play investigation

[DanEFC92]

Some expert analysis from the "Crookie Monster" there. Admits not knowing any specifics and doesn't give any insight.

He should post on this thread!

Really don't like Crooks

 

[peteblue]

With a full pre season etc I think Dyche would keep us up even with a 9point deduction. We survived last year by five points in the end. 38 games + a full pre season it's not a foregone conclusion we'd be gone.

Indeed….

 

[Yarrgh]

That would be the total opposite of a 'class action'

iirc, City got their 'result' by throwing £50 Million worth of lawyers at it.
Will they let us piggy back their wealth out of the goodness of their heart

If I was Moshiri I'd be throwing the nuclear deterrent of legal responses at the PL just as City are. 50 million would be his best value spend since taking over. It's also in City's interests that the Everton case results in a precedent that favours them.

Zero fines, zero deductions, perhaps an apology for the inconvenience of a commission. That's what I would want if I was Moshiri.

 

[degsy]

Which is a pittance in the grand scheme of things. Even to Everton that ought to be a drop in the ocean, after all we continue to spend tens of millions of pounds each season on truly terrible players. What will Maupay cost us over the course of his contract... around £25-30m including transfer fee? £50m would be an utter bargain to get out of this situation!

If we had a spare £50 Million we maybe wouldn't need it to pay the lawyers

Catch1878*

*adjusted for inflation

 

[kenada_blue]

City can afford a much worse punishment.

If we get a 9 point deduction it'll likely mean relegation next season, which could have huge long-term repercussions for us. We could drop down to League One and be left with a £700m stadium and Alex Iwobi on 100k a week until 2028.

City, on the other hand, even a 40 point deduction would just mean they miss out on Europe for a season. So what?

It's not about affording it, it's about the statement it sends out for the PL brand. It's been rare, if ever, that any top league in Europe that a team have had points deductions for breaching FFP. They have, however, for lying about money (see Serie A).

The PL won't stick their neck out to be the first to deduct points based on, in essence, guidelines. It's different to the EPL who have clear rules and dish out penalties without hearings.

City have 100 rule breaches over a decade. UEFA caught them on a similar act based on leaked emails. They got a £10mill fine.

I honestly don't think the PL will be wanting to set a trend as an example of "FFP in effect" to scare off the money it attracts.

There's a lot of posturing based on the government white paper for independent regulators. They'll want to show theyre flexing without upsetting the cart

 

[JLW]

If we get hit with a hefty fine as punishment lets say 50mil (for arguments sake), does that go against us as a loss on the accounts for the year it happens? (lets say this year)

Does that then mean because of the fine we could also be in breach of FFP this year?

 

[GoldenToffee]

If we get hit with a hefty fine as punishment lets say 50mil (for arguments sake), does that go against us as a loss on the accounts for the year it happens? (lets say this year)

Does that then mean because of the fine we could also be in breach of FFP this year?

I have no idea, but the idea of that being the case seems absurd. 99.9% it would be completely separate.

 

[peteblue]

Be a bit weird if we survive this season knowing that there is a high probability of the PL firing an Exocet missile straight at the club weeks or months later and relegating us anyway.

Just take it one season at a time.…

 

[kenada_blue]

If we get hit with a hefty fine as punishment lets say 50mil (for arguments sake), does that go against us as a loss on the accounts for the year it happens? (lets say this year)

Does that then mean because of the fine we could also be in breach of FFP this year?

I don't think the fine will be anything near that. £10mill max, so it wouldn't be a dent that major.

The scab 6 got a combined total of £22mill based on wanting to leave for the super league. So id be surprised if they'd do anything major based on a club who have been cooperating with the league over its finances

 

[brieverton]

Nobody knows what's going to happen, but any of the potential punishments (Points Deduction, Transfer ban, Fine) carry the possibility of doing serious damage if they are significant.

A points deduction speaks for itself for a side likely to spend next season in the bottom half if we survive this. A transfer ban or a significant fine handicaps strengthening of the squad when it is so badly needed.

I think you have to apply Murphy's Law to Everton, at this stage, Not only can things go wrong, but they will go wrong, and potentially very badly so.

It might be a nasty surprise to some, but we at least have to accept the distinct possibility of a points deduction here. The PL are looking to be seen to tidy house, and if nothing else, we are in the wrong place at the wrong time.

The buck stops with Moshiri, Kenwright, and the board. They have led us to this point.

 

[gazzaa2]

With a full pre season etc I think Dyche would keep us up even with a 9point deduction. We survived last year by five points in the end. 38 games + a full pre season it's not a foregone conclusion we'd be gone.

Might be touch and go with a deduction and a transfer embargo next season but if it's one or the other Dyche and Goodison factor will see us safe again.

 

[efcfanwirral]

It's not about affording it, it's about the statement it sends out for the PL brand. It's been rare, if ever, that any top league in Europe that a team have had points deductions for breaching FFP. They have, however, for lying about money (see Serie A).

Wouldn't entirely rule that out. That's one of the only logical reasons for "you're fine" last year turning into "you're not" this year, if we weren't being entirely truthful about something

 

[degsy]

I think it would be a little more complicated than that.

If we start on - 9 then psychologically it's an up hill battle from the off. Completely different prospect.

There might be fines and we'll be restricted in our spending.

Players won't want to sign for us.

They've no exactly been queueing up recently.

 

[Mr Popodopolous]

Just on the fine point, I think it is a pointless sanction unless it counts towards FFP in full or is directly deducted from T.V. money or similar without any offset in obligations.

However I do remember in 2014, Football League actually wanted to fine QPR as much as £50m for a breach in spending limits in the year of promotion. That was after a certain amount strictly a pound by pound basis...because they lost £8m but stuck £68m in some kind of debt waiver in to take it to that point, in reality it was a £68m pre tax loss before deductions and allowance.

 

[perth_blue]

Just on the fine point, I think it is a pointless sanction unless it counts towards FFP in full or is directly deducted from T.V. money or similar without any offset in obligations.

However I do remember in 2014, Football League actually wanted to fine QPR as much as £57m for a breach in spending limits in the year of promotion. That was after a certain amount strictly a pound by pound basis...because they lost £8m but stuck £68m in some kind of debt waiver in to take it to that point, in reality it was a £68m pre tax loss before deductions and allowance.

That makes sense.
Sort of like a salary sacrifice.