Blue peter
Player Valuation: £35m
That’s not the only thing they are ‘hammering out’ at that timeI like waking up to find the midnight law society and nocturnal accountants have hammered out another 20 pages.
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That’s not the only thing they are ‘hammering out’ at that timeI like waking up to find the midnight law society and nocturnal accountants have hammered out another 20 pages.
P&S also applies at Championship level hence my knowledge and interest.Btw
FFP is only for teams in Europe mate.
Prem is P&S ...Profit & sustainability rules.
Either way both stink
I suppose to expand, edit facility only 10 mins.Btw
FFP is only for teams in Europe mate.
Prem is P&S ...Profit & sustainability rules.
Either way both stink
That sounds too much like a plan.I suppose to expand, edit facility only 10 mins.
In theory it can encourage long term growth in a sustainable manner. What with unlimited expenditure in Youth Academy, Infrastructure etc.
Moshiri could build over 10 years the best academy setup in the world and signings aside, the overall infrastructure would be exempt from FFP.
Otoh what's sustainable about €30m in 3 years (UEFA), £39m in 3 (EFL) or £105m in 3 years (PL). Before allowable costs etc. With unlimited cash flow and or equity able to be put in.
I'm pro it on one level as it can reward good management. I would point to Atalanta, to some extent the return of Ajax, Atletico and Borussia Dortmund, perhaps Napoli too. Domestically Brentford and perhaps Brighton.
Otoh, where does stability v growth kick in? Where does one too badly impact the other.
Got-hub merger whenThat’s not the only thing they are ‘hammering out’ at that time
The mind boggles at what they are hammering to and with.That’s not the only thing they are ‘hammering out’ at that time
What you say is so true. In the sense that P&S regs being enforced sending a club into administration say by an owner losing heart. On one level I totally agree, it would be absurd and nobody wishes insolvency as a consequence.I think P&S sending a club in to insolvency is a really bad look on the Premier League, being as the losses are covered at present. The very thing brought in to stop clubs going under is the one thing that is sinking our club..... Ironic really.
Which shows it is not fit for purpose......
What’s our xPD?We are now on to xL (expected litigation)
Only a straightener on Morrison’s car park will resolve it now.@catcherintherye and @Damo_1878 are both right and wrong without even knowing it.
I genuinely have no idea, but it sounds intelligent.
Not quite.Humour me.....if it’s an independent body or panel that is reviewing our financial situation then how could they deduct points or fine us as we are not under any jurisdiction to them? I assume they can’t take the action themselves but can recommend that the EPL take the action. If the EPL did that surely Everton’s legal defence would be that the EPL has overseen everything we’ve done the last 4-5 years and so they are equally guilty. And why would the EPL go after a Club who’s every transaction has been overseen by themselves?
It would also seem churlish of the accountants to ridicule the numbers if they’ve signed the accounts off