Financial Fair Play investigation

[Damo_1878]

The only person who needs to apologise in here is you mate.

I can completely see why everyone has got irritated with you. I dont mind, as I'm sure you dont mean it nastily, but you come across as someone who knows very little, but thinks they are an expert.

That's just some friendly advice though, and I dont have an issue with you.

You still haven't shown what cause (of action) we have for legal action

 

[catcherintherye]

To be honest I'm all about cheap gags now.


Having read the accounts, I think we could very well argue this all away.

Firstl I would argue about the nature of the breach. We're in the middle of a workaround in the regulations due to a once in a lifetime pandemic. We have had transfers fall through and a key player frozen out of the game for a season limiting his sale or input to the playing side, plus loss of key sponsors which required immediate efforts to be focussed there. If we took some of that we might well be compliant and so this is only a technical failing- a small slap on the wrist. It's an asterisk breach of the P&S rules if you will.

Secondly I would mitigate the percieved losses against our cooperation with the PL and the recent sales and projectory back into compliance.

If the PL chose the fair route in judgment, I'd suspect it should be a probationary period of a couple of seasons with oversight of what Everton are doing - with a fine or potentially points reduction if we don't comply with P&S during the probationary period.

Looks tough, and would suitably punish any future breaches.






Then I'd sue everyone at CAS! lol lol lol

A very clear post.

 

[davek]

Why you reading newspaper stories Dave.

Why wouldn't I?

 

[catcherintherye]

You still haven't shown what cause (of action) we have for legal action

As has been explained to you, I dont think cause is really the right phraseology for this, so I'm not sure that will be possible.

But have a read back, and you will see how I explained this to you a couple of posts back. Theres no point in repeating.

 

[Damo_1878]

To be honest I'm all about cheap gags now.


Having read the accounts, I think we could very well argue this all away.

Firstl I would argue about the nature of the breach. We're in the middle of a workaround in the regulations due to a once in a lifetime pandemic. We have had transfers fall through and a key player frozen out of the game for a season limiting his sale or input to the playing side, plus loss of key sponsors which required immediate efforts to be focussed there. If we took some of that we might well be compliant and so this is only a technical failing- a small slap on the wrist. It's an asterisk breach of the P&S rules if you will.

Secondly I would mitigate the percieved losses against our cooperation with the PL and the recent sales and projectory back into compliance.

If the PL chose the fair route in judgment, I'd suspect it should be a probationary period of a couple of seasons with oversight of what Everton are doing - with a fine or potentially points reduction if we don't comply with P&S during the probationary period.

Looks tough, and would suitably punish any future breaches.






Then I'd sue everyone at CAS! lol lol lol

The PL don't choose the "fair route in judgement" the independent commission does

 

[Damo_1878]

As has been explained to you, I dont think cause is really the right phraseology for this, so I'm not sure that will be possible.

But have a read back, and you will see how I explained this to you a couple of posts back. Theres no point in repeating.

You need a cause of action to then make a statement of claim

Where's your cause of action?

 

[catcherintherye]

You need a cause of action to then make a statement of claim

Where's your cause of action?

Well I'm not sure you've noticed, but I'm not a football club, so I'm not sure I'm going to have one am I?

 

[catcherintherye]

The PL don't choose the "fair route in judgement" the independent commission does

The independent commission, which is selected by the prosecutor?

 

[Damo_1878]

Well I'm not sure you've noticed, but I'm not a football club, so I'm not sure I'm going to have one am I?

So how are you going to sue then?

 

[catcherintherye]

So how are you going to sue then?

You've gone utterly deranged with this. Have a break.

Why would I sue? Have a break mate, you're losing the plot.

 

[Llyrap]

Whether we get “done” for this or not in the end all it seems to prove to me is what a load of anti competitive crap the FFP and P&S rules are. Even if we’d spent the money more wisely and not been so badly run we’d still be a way off the top teams. How do clubs like ours ever challenge with current the revenue streams we seem to be allowed?

Just what is the model for teams to challenge? Brighton? Top six occasionally if they are lucky. Newcastle? Going to have to stretch the rules by an incredible amount to do so within the next five years.

This is the basis for me that any legal challenge would follow, along the line of the “unfair terms act”. Argument being we are a business not being allowed to compete fairly with others due to restrictive practices being imposed on us. Wouldn’t matter that these rules were voted on by the majority of the members for it to be challenged in my view.

If you think about it if Saudi Newcastle and Man City (unlimited money) didn’t have the those rules imposed on them the gap would be wider. Whilst the rules prevent challengers/disruptors it actually prevents the market becoming even more distorted.

Have to remember as well that we were not that far behind Tottenham not so long ago. Some good recruitment and a mangerial
Appointment has resulted in a huge gap developing.

The issue for Brighton is going to be continuing to grow whilst their best talent is continually being cherry picked.

 

[catcherintherye]

If you think about it if Saudi Newcastle and Man City (unlimited money) didn’t have the those rules imposed on them the gap would be wider. Whilst the rules prevent challengers/disruptors it actually prevents the market becoming even more distorted.

Have to remember as well that we were not that far behind Tottenham not so long ago. Some good recruitment and a mangerial
Appointment has resulted in a huge gap developing.

The issue for Brighton is going to be continuing to grow whilst their best talent is continually being cherry picked.

Which essentially means they wont go beyond where they are now mate.

You can only compound the system for so long. Eventually you keep losing your best players, and are unable to buy better ones.

 

[Walken]

If you think about it if Saudi Newcastle and Man City (unlimited money) didn’t have the those rules imposed on them the gap would be wider. Whilst the rules prevent challengers/disruptors it actually prevents the market becoming even more distorted.

Have to remember as well that we were not that far behind Tottenham not so long ago. Some good recruitment and a mangerial
Appointment has resulted in a huge gap developing.

The issue for Brighton is going to be continuing to grow whilst their best talent is continually being cherry picked.

Do projections enter into the process at all? At least in terms of a so called sentence. If we can show with a top class stadium coming soon that the club will soon be changing in terms of revenue does that buy us anything?

It would seem poor form to choose to destroy a soon to be viable business

 

[Tony’s Carp]

I don't want to be pessimistic mate, i just think its a big step for us to make up the difference between 60 odd million in fees for Gordon and Kean and a loss of 110 million (this year), the business just isnt showing signs of it.

Don’t disagree, just basing things off Esk’s prediction of a small profit this year. Guess he is factoring in more big earners like Delph and Gylfi leaving the club in summer 22 but still seems optimistic. Maybe he will revise in light of 21/22 accounts.

In any case, given the year that comes off the calculation anything within touching distance of 0 is a huge step out of FFP trouble. But will it be too late?

 

[Haydn]

The key for us is to get the stadium built and big commercial deals signed.

At what point can stadium naming rights be loaded into the equation ?

The stadium now exists, so couldn’t we announce a £50 mill naming deal with Deffonotuzzi Airlines ?