Mr Popodopolous
Player Valuation: £750k
Because of non-payment of transfer instalment(s). Not strictly an FFP breach but definitely a reason brwach- it's not a breach of spending limits though but not meeting cash obligations as they fall due.
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Mr Popodopolous
Player Valuation: £750k
Its not unheard of, see the Derby and Sheffield Wednesday cases in the Football League.
I would say it is a case of taking the numbers at face value at the time but analysing the detail later. As in these two Football League cases. Which in theory they may have the right to do.
Jacko93
Player Valuation: £35m
Nope, just an observation.
Mr Popodopolous
Player Valuation: £750k
Fair. Yeah I concur that Covid would add costs for this sort of thing. I still don't go on for the £170-220m in claimed add-backs however. Seems high.
The rules in place are anti competitive and farcical but Everton have also been ran abysmally for the best part of a decade.
Both are true.
Both are true.
The efl is not a precedent for the pl to follow
If anything the pl should hold a much higher standard when it comes to this sort of thing
You can’t just brush a big whoopsie under the carpet and not have any repercussions
good times bad times
Player Valuation: £8m
It's not net spend that counts, it's profit and loss.
Jacko93
Player Valuation: £35m
I was wondering if we were preparing to sell Sigurdsson as he was nearing contract end, then Covid hit, made that sale not happen, then of course everything else so he's not saleable at all. Could those losses be attributed to Covid, based upon his transfer value at the time.
Well no duh
But the media rhetoric is that we have spent 700 mil alluding to us going on some mad spending spree like a sheikh who has let his son loose on a credit card with no limit
Clearly not on players though if we are 15th for net spend over 5 years
The club is run abysmally
Mr Popodopolous
Player Valuation: £750k
Estoppel as you say all depends on the specifics of the type of assurance. Had they said "Okay we accept the numbers for now but as is our right we will be analysing further over time" then procedural defences aren't that applicable
Should be at a higher standard although I do believe that the EFL have some positive sanctioning guidelines.
Rick Parry took over- a key question is what did sign-off entail exactly?
Narntwinnysivven
Player Valuation: £950k
Yeah but he got the witsel signing wrong so anything else he said carried no weight on here.
Mr Popodopolous
Player Valuation: £750k
Seems fair though only £8-9m in amortisation and say £5.2m for the last season of wages. Based on reported fees and guesses although I did see that he was on £100k a week.
The other £32-36m and £20-24m in wages would have been accounted for so what argument to add the whole thing? Everton gained the benefit on the pitch for 4 seasons.
Jacko93
Player Valuation: £35m
Because if we can successfully argue the valuation that was placed upon him was £30m and a buyer was in place, then we can claim losses of £30m. Would obviously have to prove a deal close to completion prior to Covid though.
Only a theory.
As far as I am aware, only a purchase is amorticised, not a sale. If we bought a player on a 5 year contract at £25m, and sold him the next day for £25m, we would have £20m profit for that year.
Mr Popodopolous
Player Valuation: £750k
He was arrested in July 2021?
Alright then £30m sale price- £8-9m in remaining book value plus £5.2m estimated in wages. £26.2-27.2m.
That's being generous. He played 36 games for Everton in 2020-21 out of 3i League games.
Jacko93
Player Valuation: £35m
The question is if Covid stopped the sale, not the arrest.
Only a musing anyway.
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