Actually you're both wrong; 3.4 is the power to refer to a commission. [ though it's implicit there is a substantive allegation]
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Actually you're both wrong; 3.4 is the power to refer to a commission. [ though it's implicit there is a substantive allegation]
davek
Player Valuation: £150m
I'm not wrong about anything there. That's a general statement laying out the commission's powers. Nothing to specifically do with our case.
You said it was a "general allegation" an allegation would surely be the equivalent of a charge. W 3.4 is instead the part of the contract which gives the board the power refer to a commission.
Surely a subject such as this wouldn't interest them??
we will get similar to reading I reckon a suspended points deduction to begin with and if there any future breaches then an actual points deduction
Did reading got 6 points a while back with another 6 points suspended in case of new breach of ffp? We do not want any points deduction.
Azza
Player Valuation: £80m
They were given a 'business plan' to follow by the EFL, essentially a budget limit and they broke it.
The last 3 years.
19/20 139.9m lost
20/21 121.3m lost
21/22 44.7m lost
286 million lost in 3 years. The limit is 105. COVID and whatever nonsense you suggested doesn't come near to touching that figure.
It's all there https://www.evertonfc.com/club/shareholders/statement-of-accounts
stretford blue
Player Valuation: £35m
Isn't our great friend kia joorabchian involved with reading
Mr Popodopolous
Player Valuation: £750k
Reading initially got accused in 2021 of Breaching limits. Their adjusted losses were £57-58m to 2021 set against a limit of £39m so yes they breached it.
The standard tariff thst the League push for is 12 points for adjusted 3 year overspend of £15m or above as well as a Business Plan to assist with future compliance. This lasts for 2 seasons.
Maybe Reading were really cooperative, maybe it was as it was post Covid maybe a mix of both but the Agreed Decision was 6 points initially and 6 points if the Business Plan failed any time up to 30th June 2023.
This was about a failure to gain an adequate profit on disposal of players probably in this season. All inbound deals also had to be signed off by the EFL, the usual no fees, no loan fees, remuneration limits etc.
There could be more to come, the 3 year limit to 2023 is still to be determined at the end of June- but ant further sanctions would relate to next season. They have made good strides however from the 2021 low point.
When it was confirmed Reading had fallen foul in 2021 a full embargo came into force, dunno whether it's an automatic thing.
In return the club get the prior 2 years losses reset to £13m.
E.g. Club loses in FFP terms £10m in prior year and £20m before that. After a guilty verdict it remains £10m and £20m becomes £13m...club can in theory lose £16m the next year but if no promotion that's down to £10m the year after.
Mr Popodopolous
Player Valuation: £750k
Certainly is. A friend of the owner I have been told and also a friend of that Marina exec at Chelsea whose surname I can't spell without checking. Which has assisted them in respect of loans such as Rahman, Drinkwater and that Chelsea midfielder this year at a massive discount or for free. Reading fan I know says he's seen Kia in their Directors Box a free times.
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Mr Popodopolous
Player Valuation: £750k
Oh friend of the stars you! These were before my time, but I'm open minded. I actually work with an Everton fan who lives down here, Everton seem a pretty decent club in many ways.
The EFL rules and application of rules is far more stringent than the premier league. The EFL have sanctioned a number of clubs in recent years and put them in administration and even liquidation. No premier league club has ever been sanctioned afaik.
Mr Popodopolous
Player Valuation: £750k
To be fair you combine the £139.9m and 121.3m ie add them then hence so about £130.2m
Then yes £44.7m and add the £111.8m from 2018-19...still comes to about £286m as the starting point.
Johnnytotal
Player Valuation: £10m
Everton FC lawyers using Brexit in evidence.
*taps nose
*taps nose
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