Financial Fair Play investigation

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Quick question from me (apologies if answered)….if P&S / FFP‘s calculations exclude investment in infrastructure which I would imagine any expenditure on the stadium represents, why are we being referred?

Something to do with a tax issue on a loan isn’t it? Can’t see how we get deducted points for that but it is us so we will see.
It's possible that the tax issue may relate to new loans on which the club has charges of £20m a year. (Moshiri's loans were interest free.)

The club may not have realised that Building Construction Loan charges, unlike other business loans, cannot be set against tax until the building is in use for its intended purpose. Consequently, the club had £20m more to pay out than allowed for and overspent, going over the debt limit.

Crazy if so.
 
City clearly not concerned with the independent body and their 115 charges, spaffing £70 mill on Paqueta, whilst we are pawning the family silver to make ends meet.

The whole thing is a farce and is taking way too long to get sorted, especially in our case and the one solitary charge!?!
 
City clearly not concerned with the independent body and their 115 charges, spaffing £70 mill on Paqueta, whilst we are pawning the family silver to make ends meet.

The whole thing is a farce and is taking way too long to get sorted, especially in our case and the one solitary charge!?!

They can't afford to battle them in courts, like they did with UEFA.
 

It's possible that the tax issue may relate to new loans on which the club has charges of £20m a year. (Moshiri's loans were interest free.)

The club may not have realised that Building Construction Loan charges, unlike other business loans, cannot be set against tax until the building is in use for its intended purpose. Consequently, the club had £20m more to pay out than allowed for and overspent, going over the debt limit.

Crazy if so.
Surely that would be a HMRC issue and not a P&S issue?
 
FFP was brought in to protect the big 6, I’m convinced that after the whole ESL debacle that the Premier League and UEFA have said to them teams we will tighten up even more on teams below you, to protect you even more.

I remember buzzing when I had a son as I could take him to watch us, but the older I get the more I see that the arse has proper fell out of football. Teams like us are just there to exist, 99% of the trophies are won by the same teams and that’s the same with CL qualification as well. The price of players and wages now means to bridge that gap is even bigger than before, but you have less money to do it with if you aren’t one of those big teams.

I’m hoping my lad gets into golf and isn’t interested in going the match, or I’ll start taking him to non-league and he enjoys it. It’s only going to get worse before it gets better and to get better it will probably need an ESL setting up and all the so called big teams leave to go and play in that.
 
FFP was brought in to protect the big 6, I’m convinced that after the whole ESL debacle that the Premier League and UEFA have said to them teams we will tighten up even more on teams below you, to protect you even more.

I remember buzzing when I had a son as I could take him to watch us, but the older I get the more I see that the arse has proper fell out of football. Teams like us are just there to exist, 99% of the trophies are won by the same teams and that’s the same with CL qualification as well. The price of players and wages now means to bridge that gap is even bigger than before, but you have less money to do it with if you aren’t one of those big teams.

I’m hoping my lad gets into golf and isn’t interested in going the match, or I’ll start taking him to non-league and he enjoys it. It’s only going to get worse before it gets better and to get better it will probably need an ESL setting up and all the so called big teams leave to go and play in that.
Its an interesting point you make, protect them at all costs while they line up this eventual "Super League" format. reeks to me, what football has become is unrecognisable now.
 

Tosspot of the highest order that fella. Deleted his account now.



What a disgrace. Insulting the memory of a young man killed doing his job.

@Tom Hughes do you still think this feller's a serious figure and not part of the entertainments industry...and one with an axe to grind against Everton?


I ask again more generally: do his employees at Liverpool University know what he's doing online?
 
What a disgrace. Insulting the memory of a young man killed doing his job.

@Tom Hughes do you still think this feller's a serious figure and not part of the entertainments industry...and one with an axe to grind against Everton?


I ask again more generally: do his employees at Liverpool University know what he's doing online?

He's an Academic who specialises in Football finances......regardless of any poor taste comments or perceived propensity to have a dig at Everton.

Let's face it, the whole fanbase have an axe to grind with our club...... for good reason! The club has been a financial basket case for decades (with and/or without rich backers), to say otherwise because you don't like a particular commentator is like shooting the messenger.

Rest assured no-one will be stripping this fella off his qualifications, job or platform.
 
What a disgrace. Insulting the memory of a young man killed doing his job.

@Tom Hughes do you still think this feller's a serious figure and not part of the entertainments industry...and one with an axe to grind against Everton?


I ask again more generally: do his employees at Liverpool University know what he's doing online?
That's a response you'd be ashamed to see from an 11 year old. If Maguire has a reputation for serious analysis and comment on football's business side then that comment alone should rip it into tatters.

If he represents the university in any way, then you'd think that should be something they would want to put a stop to. A man dying in an accident is not a joking matter.
 
He's an Academic who specialises in Football finances......regardless of any poor taste comments or perceived propensity to have a dig at Everton.

Let's face it, the whole fanbase have an axe to grind with our club...... for good reason! The club has been a financial basket case for decades (with and/or without rich backers), to say otherwise because you don't like a particular commentator is like shooting the messenger.

Rest assured no-one will be stripping this fella off his qualifications, job or platform.
That's not exactly the full condemantion I was hoping and expecting to read.

Maybe you didn't take it in properly.

I dont care what qualifications he has, Maguire has acted in a thoroughly unprofessional way with regard to Everton and this FFP situation, and now he's topped that off with an unforgivably crass comment regarding Everton wearing black armbands for a man who died on site. And it doesn't matter if he never checked the facts out on that, he shouldn't be making any crass remarks about ANY occasion we as a club have our players in black armbands.

The fact he's cut and run and taken his account down rather than face the music and make an apology tells you all you need to know about his lack of character.
 

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