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Financial Fair Play investigation

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Tony’s Carp said:
This year the finances shouldn’t be too big a problem. The sale of Gordon and Juve completing the Kean deal will help, as will the ongoing shedding of big wages (Allan, Gylfi, Delph and Tosun last summer). We’ll likely be around break even without any further sales this financial year.
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We’ve also added players though for big fees and big-ish wages. We’re probably going to need to make a significant profit this year in order to make the ground up with our rolling losses and get them below the £105m figure needed to be compliant with the rules, simply breaking even isn’t going to be enough. I reckon we’ll need one more big sale before the 31st June.
 
Tony’s Carp said:
This year the finances shouldn’t be too big a problem. The sale of Gordon and Juve completing the Kean deal will help, as will the ongoing shedding of big wages (Allan, Gylfi, Delph and Tosun last summer). We’ll likely be around break even without any further sales this financial year.
Click to expand...

This will be this years cycle mate (22/23):

We loose a loss of £111 mill from the cycle so:

Year 1) Loss: £48.25mill

Year 2) Loss: £50 mill (projected by the Esk)

Year 3) Loss: Likely profit - for the reasons you mention.

Be getting close to ground zero.
 
MikeH72 said:
We’ve also added players though for big fees and big-ish wages. We’re probably going to need to make a significant profit this year in order to make the ground up with our rolling losses and get them below the £105m figure needed to be compliant with the rules, simply breaking even isn’t going to be enough. I reckon we’ll need one more big sale before the 31st June.
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As @Neiler says above, because of the big loss it replaces a break even year this year is a big step forward without further sales being necessary for P&S.
 
Tony’s Carp said:
This year the finances shouldn’t be too big a problem. The sale of Gordon and Juve completing the Kean deal will help, as will the ongoing shedding of big wages (Allan, Gylfi, Delph and Tosun last summer). We’ll likely be around break even without any further sales this financial year.
Click to expand...

Its actually interesting to look at the cost of saving of the players you mention both in wages and amortisation mate, annually this was there cost:

22/23
Gylfi: £14.1mill
Tosun: £7.1 mill
Delph £7.76 mill
Allan: £10.8.mill

Guts of just under 50 mill in 22/23

21/22
Bernard: £6.24
Digne: £8.28 mill
Jamo - who knows - lets say conservatively 100k a week = £5.2 mill.
Walcott: £9.61 mill
Bolaise: £8.5 mill
Richarlision £12.68 mill
Besic £1.5 mill
Penno £156k

Total = 52 mill 21/22.
 
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Tony’s Carp said:
As @Neiler says above, because of the big loss it replaces a break even year this year is a big step forward without further sales being necessary for P&S.
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If we’re talking about the end of 2022/23 though, year 1 would be 2020/21 in which we made a loss of £120m though, not £48m?

B626922C-9767-4152-9628-9FC28433E196.webp
 

Has anyone posted the rolling losses for the last few 3 year periods? Ie
16/17: 17/18: 18/19 = £x
17/18: 18/19: 19/20 = £x
18/19: 19/20: 20/21 = £x
19/20: 20/21: 21/22 = £x
20/21: 21/22: 22/23 = £x (tbc)
Or is that not the salient point in these rules? (Nb not sure when the rules were voted in / when it starts to matter)
 
MikeH72 said:
We’ve also added players though for big fees and big-ish wages. We’re probably going to need to make a significant profit this year in order to make the ground up with our rolling losses and get them below the £105m figure needed to be compliant with the rules, simply breaking even isn’t going to be enough. I reckon we’ll need one more big sale before the 31st June.
Click to expand...

Onana says "hi"
 
DualityNSNO said:
Wasn't this pardoned or whatever because of COVID? Or is this post-that?

I don't remember what exactly it was then, so genuinely asking like
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19/20 & 20/21 are averaged due to Covid years mate i.e. added together and dived by two and counted as one year in the cycle - then you subtract the Covid losses - of the top of my head they were £80 something million - and then the total is £48 mill.
 
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Neiler said:
Its actually interesting to look at the cost of saving of the players you mention both in wages and amortisation mate, annually this was there cost:

22/23
Gylfi: £14.1mill
Tosun: £7.1 mill
Delph £7.76 mill
Allan: £10.8.mill

Guts of just under 50 mill in 22/23

21/22
Bernard: £6.24
Digne: £8.28 mill
Jamo - who knows - lets say conservatively 100k a week = £5.2 mill.
Walcott: £9.61 mill
Bolaise: £8.5 mill
Richarlision £12.68 mill
Besic £1.5 mill
Penno £156k

Total = 52 mill 21/22.
Click to expand...
Aren't we in danger of counting some of those twice though?

We have already claimed £88m for player trading COVID losses. A significant chunk of that will be for increased costs because of wages and amortisation for players we would have sold were it not for COVID.
 
SunKing said:
Quite frankly if Everton are punished severely then we should throw everything we have at making sure other clubs are dragged in to the mire also. Whether it’s related to FFP or crimes against humanity lets kick off an unholy stink. We should be threatening that from the off. It's what makes me doubt less and less that we will get more than a public hand slap.
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Yep it reminds of the Simpson’s episode when Marge becomes a police officer, she arrests Homer and says he has the right to remain silent…..Homer ”I refuse that right”….ends up screaming and being dragged 😂
 

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