Financial Fair Play investigation

[Hungry Hungry Hibbo]

My heart bleeds

 

[Wizard]

The difference is if you took 6 points off us we'd drop whilst taking 24 points off city would leave them 12th. Even an aggressive sanction would do little damage to them

You could probably take 50 points off City and I'd fancy them to survive. They'd be on 11 points with 11 games to go

 

[Mr Popodopolous]

View attachment 207724
There's plenty more too.

I completely agree with this. That's post tax loss for Man United and actually £147m pre tax loss for the FFP standard. It's Profit or Loss before tax not after.

It depends on the prior two years/Reporting Periods as to how the third year is judged. Maybe Chelsea when their full 2021-22 accounts dropped, Leicester could still be ones to watch...remember that £92.5m loss was inclusive of European Revenue

Nottingham Forest lost £47m or so pre tax last year I wonder if they themselves broke the EFL FFP enroute up.

 

[Mr Popodopolous]

Just come clean and tell the Commission that fair cop we spent the roubles but in mitigation gained no advantage on the pitch and really the Premier League should give us bonus points because we've been Big Blue Bill's Boys for the last 24 years and haven't won nowt with all due respect to the Florida Cup.

I don't know if this is entirely serious but that defence was used by Birmingham and perhaps Derby and Sheffield Wednesday, the whole we spent but didn't gain an advantage.

It's a nice try but ultimately doesn't carry much weight.

 

[Mr Popodopolous]

Don’t think so. The independent panel whom is made up of premier league members will review the accounts etc and the apparent ffp breach. Everton will contest with its own evidence. The independent panel will consider and then decide. If there’s a case then there will be a recommendation for punishment if they side with Everton it will all be done.

If we lose and Everton want to appeal we can. But the premier league don’t recognise the Court of Arbitration for this matter, so as far as i am aware it can never get to this level.

Pretty sure the PL could also appeal an adverse verdict ie one that clears Everton, the EFL have started to do so in recent years.

If the PL have waived their right to appeal that would be odd.

 

[Mr Popodopolous]

Well your argument is that nobody can ever sue, whether they have grounds to or not.

I am pointing out, they can sue if they have grounds too.

I dont know enough about the case to say whether any of them, including EFC do in the specific of the case. But theoretically, there is a world where a club could sue either another club, or the league, and as indicted to you previously, many are considering this.

But as you say, you know better than the legal advisors they have, because you can parrot the PL rulebook (not a meaningful legal document) and stamp your feet and shout in block capitals.

Can't comment on the PL too much but I recall that the Middlesbrough claim v Derby and or the EFL would have been via Arbitration. A mechanism that all clubs and the League signed up too.

Presumably any hypothetical case say Burnley v Everton if Everton were found in breach or Burnley v the PL would be heard via Arbitration assuming there is a similar agreement.

 

[Mr Popodopolous]

I don't really understand the legal grounds for suing as indirect losses look hard to prove. Direct losses such as Player Impairment attributable to Covid, dunno about that.

Otoh selling £100m does show willing.

How is the stadium expenditure accounted for in 2021-22.

I got this wrong and I apologise for getting it wrong.

Was £67m or thereabouts worth of profit in order to prevent a loss of £100m or so.

 

[Mr Popodopolous]

Well we could launch legal action.

At present there are no grounds. If the PL are sensible with sentencing, and proportionate to other offences (the majority of Uefas sentences for breaches have been findings under £1m) then I see no reason why that would change.

If they are seen to be "making an example of us" that situation may change.

UEFA have banned some clubs from European competition albeit Eastrtm ones but not only Eastern ones for FFP breaches. AC Milan were a famous example.

Although there is an argument that under English examples save for the loss limits, the rules that most mirror the PL and vice versa are the Championship ones. They were pretty much aligned since 2016-17.

 

[hktoffee]

What is the case for defence? What are the financial director thought he was doing in the past 3 seasons? Can’t he foresee this is coming?

 

[hktoffee]

They have lost every case they raised.

They have been found guilty of FFP breaches twice.

And what are the punishments?

 

[Mr Popodopolous]

And ...the result is ?

Being charged with 101 offences takes a lot of unpicking, opportunity for delay etc. Nick De Marco iirc- one of the preeminent Sports Lawyers in the country reckoned it would take 2 to 3 years. The more complex the case, the greater the weight of charges the longer it can take. Not always.

 

[Mr Popodopolous]

Everton going bust sounds fanciful. I'd assume Moshiri has enough to keep that side of it going.

That doesn't prevent the FFP side of it though but going bust or even into administration would be a matter of choice or not for Moshiri IMO.

 

[Efcjake]

Crying that Bill has used a photo of himself from about 20 years ago for that statement.

I don't think he was the only one if you look closely

 

[Zatara]

Was it 2019/2020 + 2020/2021 which were the 2 combined seasons for covid?

What was the FFP number there?

 

[EuroTexan]

Everton going bust sounds fanciful. I'd assume Moshiri has enough to keep that side of it going.

That doesn't prevent the FFP side of it though but going bust or even into administration would be a matter of choice or not for Moshiri IMO.

What Moshiri has post Usmanov being cancelled in the west, nobody knows really. Even if Uzzy has managed to stash away a few billion secretly, would he really risk making those looking for it aware of some of it to invest in a championship team thats lost money hand over fist for years? Ultimately the value of the club depends massively on what league its playing in. The value of our ground remains the same though. Thats why I think the fears of him selling off the club to the first bidder while hanging onto BMD (if/when it gets finished) has serious legs. We've seen previously with the likes of Portsmouth and Derby as to the level of charlatans that bid for clubs in financial trouble. If we get to that stage, who knows what the end game might be.