Financial Fair Play investigation

[HowardsWay]

It`s more likely the COVID costs being Everton claimed 3 times as much as most other teams.......

That will certainly need some explaining... absolutely speaks of fiddling the books.

 

[Tony’s Carp]

It`s more likely the COVID costs being Everton claimed 3 times as much as most other teams.......

If it was about Covid costs it would be for previous seasons not 21/22.

“The assessment period for which it is alleged that the Club is in breach is the period ending Season 2021/22."

 

[stevie blott]

a fine wouldn't work either

fining a club that is having financial difficulties is not appropriate

Tell that to Reading

 

[Bluesnapper]

Great news if true.

But the Gov have not put it into place yet.

Also is that independant panel the same independant panel the PL have set up?

 

[SuperTimCahill]

Everton sponsor stake.com apparently hacked and robbed by North Korea lol

 

[Goat]

If it was about Covid costs it would be for previous seasons not 21/22.

“The assessment period for which it is alleged that the Club is in breach is the period ending Season 2021/22."

Well, we crystallised covid loses across a number of seasons.

 

[allen]

Everton sponsor stake.com apparently hacked and robbed by North Korea lol

The People’s Club.

 

[Tony’s Carp]

Well, we crystallised covid loses across a number of seasons.

View attachment 226654

Sure, but I was assuming if they bought the figures for the previous two seasons they would buy the 8m figure for 21/22. But then I don't actually know how that figure would be arrived at for 21/22.

 

[Goat]

Sure, but I was assuming if they bought the figures for the previous two seasons they would buy the 8m figure for 21/22. But then I don't actually know how that figure would be arrived at for 21/22.

Neither do the Premier League.

 

[arch stanton]

a fine wouldn't work either

fining a club that is having financial difficulties is not appropriate

its almost as if the FFP system is an unworkable mess

 

[The binman chronicles]

Everton sponsor stake.com apparently hacked and robbed by North Korea lol

Just watch the hacks at the Daily Mail present that as 'Everton linked with nuclear attacks'.

 

[Tipp blue]

a fine wouldn't work either

fining a club that is having financial difficulties is not appropriate

That would make sense if FFP or P&S were there to actually achieve what they say they want to do... in reality it's to keep rich clubs at the top and it's working, watch Newcastle struggle over the next few years...

 

[ForeverEverton]

If it was about Covid costs it would be for previous seasons not 21/22.

“The assessment period for which it is alleged that the Club is in breach is the period ending Season 2021/22."

If I`m honest I think the PL were forced to do this by the clubs relegated last season and the season before.

PL P&S is made of of a rolling 3 years accounts, so it wouldn`t be just last year. Period ending i.e. 21/22, 20/21, 19/20...

 

[Joey66]

The Premier League stated they accepted our books at the time of disputes from other relegation clubs, so if they have not perused the diligently they are also libel for the error? At the time, they accepted them to be OK ?

 

[PeregrineT]

If I`m honest I think the PL were forced to do this by the clubs relegated last season and the season before.

PL P&S is made of of a rolling 3 years accounts, so it wouldn`t be just last year. Period ending i.e. 21/22, 20/21, 19/20...

Right, but if it was an issue with the years 20/21 or 19/20 the charge would have been based on those years, OR included those years like they did with City etc. While the prior years are included I think that basically means it was fine up until 21/22, then they say the team just hit over 105m in the 3 year cycle by the end of 21/22(or there was a not-allowed accounting specifically in that year).