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Financial Fair Play investigation

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Mr Popodopolous said:
I'm interested in this from a legal and regulatory angle as said before.

As I said when it first arose, the League clearly have some sort of right of review.

To clarify it isn't so much the e hear period 2020, 2021, 2022 as 2020 and 2021 were aggregated and averaged due to Covid, there was no stand alone 2020 test.

2018-19
2019-20 and 2020-21 Combined average
2021-22

The tax issue is strange as the starting point before deductions and other arguments is Profit or Loss BEFORE tax ie Adjusted Earnings Before Tax in a P&S context.

The League may have said x but I don't see how a Governing body can come to a bespoke deal with a club, what about the integrity of a competition as a whole, fairness to all clubs- hence maybe it was referred to an Independent Commission to adjudicate on it and take it out of the League's hands. They shouldn't just rubber stamp, both sides will or should be arguing their case.

Both sides can also appeal the Verdict of this case if it is like the Football League system. If it is anything like that system a sanction would if applied in the event of a guilty Verdict be applied instantly but can change if an Appeal goes the way of the club.

As for suing, depends. Without a guilty verdict it would be a complete no, if guilty perhaps would then depend, Middlesbrough and Wycombe sued Derby after all.

Middlesbrough initially threatened to sue Derby in May 2019 via Arbitration then turned their attention to the EFL in September of that year for failing to enforce their own rules get once a guilty verdict arose the ground was laid for suing Middlesbrough. Derby did have non compliant accounts though as per the umpteenth Commission.

I think there is a mechanisn via PL rules for clubs to take out Arbitration based claims vs each other or indeed for a Disciplinary Commission to award Club B compensation from Club A.

£300m across 3 clubs feels like nonsense though to me. Only one of them the 18th placed side in the year of the breach could hope to have a valid claim in the event of a Guilty Verdict and maybe in addition depending on the size of deduction a few million in prize money for the side who finished 19th.

Then is it gross or net, surely have to subtract Parachute Payments form the eventual size of claim.
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Jesus Christ mate you'd talk a glass eye to sleep, I'm depressed with Everton as it is, give it a rest will you.
 

Caolam said:
I have a difficulty in understanding how clubs can sue Everton, if found guilty of transgressing FFP rules. Apart from the burden of proof element where they would have to show that our over spend was directly responsible for their relegation and not their own poor performance, a high bar I would suggest given the poor players our alleged overspending bought. It is a high bar for the team that finished 3rd from bottom, how are the other two going to prove demonstrable harm?
Surely any recourse these clubs would have would not be against Everton but against the regulatory body, that body would determine guilt or innocence and would levy the punishment. If the 3 teams feel the level of punishment is in some way harmful to them then they seek recompense for the regulators.
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If all information has been sent in correctly, and I am not suggesting it’s not been, if Everton have complied with filing dates, submitted information in the correct format and its accurate then it’s very difficult to see how legal action could be taken and I am not sure the PL could be a target either.

However if say submitted interim figures weren’t supported in the final and audited accounts then that would open a can of worms. That for me can be the only concern.

The PL do have it within their rules ( despite what some think ) to work with a club setting in effect a budget and holding a club to the numbers therein. This rule is in effect a mirror of the EFL rules under which Reading , amongst other financial misdemeanours , have suffered points deduction

The truth is none of us know what sort of exchanges the PL and Everton had. We haven’t got a lot of detail about the charge and as ever when there is a lack of information then that vacuum is filed by speculation.
 
This tax issue is probably just a lever / justification to get forensic with the accounts with a view to winding us up due to the source of our monies.
That or the Independant review is just a mechanism to keep the EPL’s nose clean in light of the grumblings of the 3 relegated teams and they’re not really arsed.
Might just be something in between too.
 

Let’s be honest. We’ve no idea what the issue is, and as such we don’t know the potential punishment. We do know we’ve lost a shed load of money had tried to pass off an enormous amount of it as coins losses. So, Moshiri has possibly screwed up…who knew?
 
WestStandLower said:
If all information has been sent in correctly, and I am not suggesting it’s not been, if Everton have complied with filing dates, submitted information in the correct format and its accurate then it’s very difficult to see how legal action could be taken and I am not sure the PL could be a target either.

However if say submitted interim figures weren’t supported in the final and audited accounts then that would open a can of worms. That for me can be the only concern.

The PL do have it within their rules ( despite what some think ) to work with a club setting in effect a budget and holding a club to the numbers therein. This rule is in effect a mirror of the EFL rules under which Reading , amongst other financial misdemeanours , have suffered points deduction

The truth is none of us know what sort of exchanges the PL and Everton had. We haven’t got a lot of detail about the charge and as ever when there is a lack of information then that vacuum is filed by speculation.
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If the owner / Chairman and board have sent in incorrect figures, surely they have to sign them off, well on my book that's plain fraud. And they should pay the price and not Everton football club, after all "you can't hurt the fans" and I'm sure that will be the narrative from Sky sports Neville/ Carragher etc. :coffee:
 

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