Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

 

Financial Fair Play investigation

Status
Not open for further replies.
I think a case could be made to the application of the profit and loss assessment which underpins the whole criteria it’s those accounting techniques which are the problem, if every club does not have a standard formula and treatment with regard to related party transactions, amortisation of transfer fees et al then teams are going to manipulate these avenues.

What is the reason for CAS not having jurisdiction? Is the investigation albeit over In L rule an independent one ?
To be fair I think must clubs adhere to a standard accounting practise . That’s not the problem when you get to FFP &P&S

Things like amortised sums within the accounts , depreciation are standard in that any fee is amortised ( written off over the term of the contract)

Things get complicated when clubs have to make adjustments in line with what Is or isn’t allowed.For instance in an attempt to stop clubs finding a work around by sending clubs out on loan or indeed taking a player on loan any sum due to be amortised in respect of that player moves from the owning club to the players temporary home.

Related party and fair value are supposedly are based on the market. Those judgements are incredibly subjective and when innovative deals such as the USM naming deal crop up there isn’t a historical market to even start to quantify even a notional value.

Within the PL and indeed the FA rules there simply isn’t a route to CAS. My understanding is that is because of the supposed independence of any regulatory proceedings supplemented by a route to arbitration. CAS can only become involved when the governing body has agreed such an option. My guess would be that if then FA and PL agreed then CAS could be involved
 
….I think winning the Carabou Cup gets a European place.
Europa Conference thats a possibility but a long way still to go in that trophy

It’s possible that there will be 5 CL teams in 24/25, 3 EL and 1 EL conference so potentially that could mean finishing in the top 8 would do
Only one problem with that !
 
Every time he posts he sounds more and more like that Villa “supporter” a while ago who apparently knew more about Everton and their problems than he did about what went on at Villa!
Strange this one has appeared once the Villa one disappeared!
Can never get my head around so called fans of other clubs spending the amount of time they do preaching to Evertonians about Everton!


Defo a Kopite.

Ironic he's masquerading as a Chelsea fan...it's usually the other way around. :coffee:
 

I think the trial by media is less to get us to accept a reduced sentence and more to drive animosity towards us when we end up free of all charges and just a slap on the wrist. Anything that gets/got “leaked” only hurts their case against us.
 
I think the trial by media is less to get us to accept a reduced sentence and more to drive animosity towards us when we end up free of all charges and just a slap on the wrist. Anything that gets/got “leaked” only hurts their case against us.
Sorry, but this reads like paranoia to me.

Who has an interest in driving animosity towards us?

The vast majority of football fans couldn’t care less about us.
 
Id say the best move would be appeal to the court of arbitration of sport. Less vested interests and far less corruption.

If we lose the case we should sue Man City and demand every club be investigated who spent more than us. Surely, Nottingham forest are out spending their means. Isn't that the purpose of the FFP rules.
Can we appeal to Cas? I really don’t know as it’s not a punishment handed down by the FA.
 

To be fair I think must clubs adhere to a standard accounting practise . That’s not the problem when you get to FFP &P&S

Things like amortised sums within the accounts , depreciation are standard in that any fee is amortised ( written off over the term of the contract)

Things get complicated when clubs have to make adjustments in line with what Is or isn’t allowed.For instance in an attempt to stop clubs finding a work around by sending clubs out on loan or indeed taking a player on loan any sum due to be amortised in respect of that player moves from the owning club to the players temporary home.

Related party and fair value are supposedly are based on the market. Those judgements are incredibly subjective and when innovative deals such as the USM naming deal crop up there isn’t a historical market to even start to quantify even a notional value.

Within the PL and indeed the FA rules there simply isn’t a route to CAS. My understanding is that is because of the supposed independence of any regulatory proceedings supplemented by a route to arbitration. CAS can only become involved when the governing body has agreed such an option. My guess would be that if then FA and PL agreed then CAS could be involved
Of course from an accounting sense with GAAP your profit and loss will be reasonably uniform across the board i do wonder in terms of addbacks for the FFP purposes like you said the creative or daring of clubs will differ greatly. I bring up Chelsea re: Amortisation as they sign players to 10 year contracts to dilute the effects of the fee

There is a huge argument of the treatment of acquisition of players as to whether they are treated on revenue account or as assets. I'd argue the contract and wages should replace the amortisation cost (as the player or the asset is just as likely to appreciate in value than decline) where the purchase and sale of players should be on revenue account with current players being effectively stock on hand. I think amortising the purchase fee in this case is incorrect. so basically like a cost of goods sold it would be;


Profit on player movement (POPM):

Player Sales

less GOPS (Cost of players sold) calculated by the sum of

Opening Stock (Value of players)
add Player purchases
less Closing Stock (value of players)

So if GNFC Sell players for 100000 coins, and the value of the on players on GNFCs books is 40000 coins, and we buy Messi for 500 coins, and the value of our squad at the end of the period is 25000 coins it would like

It would be

Sales 100000- GOPS

GOPS = 40000 + 500 - 25000 = 15500

POPM= Sales 100000- GOPS 15550

POPM= 84,500

Obviously, the valuation of stock (players) is an issue but potentially some form of league valuer could arrive at an independent value for this purpose. The valuer could also assess whether related party transactions are at arms length or not.
 
I think it’s ludicrous that we could get a point’s deduction. And more than if we went into administration? Crazy. and The SL clowns only getting a fine for trying to destroy the league?

however…..

I think they are putting 12 out there so 3 / 6 is given, maybe suspended. I think certainly a 3 deduction would be preferable this season noting how brutal the bottom 4 are (plus Fulham / wolves / forest in the mix) vs a potential Transfer ban. Think a summer window ban kills us when we Lose the comfort of current bottom 4
 
No masquerading simple fact I am a Chelsea supporter. Surely the fact that I get most of my spellings correct is the giveaway in terms of not being a Liverpool fan.

In all seriousness go back through all my postings and you will see that as being so.
Mate,not being funny but why are you so concerned about lil old Everton. Further down the line I think you will have your own problems with Boelly putting everyone on 8 year contracts. That's fine if every single one of them increases in value but you and I know that won't happen and they will ait on their contracts. I would be more concerned about your own problems down the line than lil old Everton
 
Anyone else think that Dyche playing a full strength team last night meant something?

It occurred to me that he may have been told the punishment won't be severe (or none at all...or suspended) and he's gone for it against Burnley selection-wise - a team we could have coasted to victory against with less talent on the pitch at home.

I'd be astounded if Dyche did't know roughly the likely verdict by now, and if it was anything very severe he surely wouldn't have risked key players if we're desperate to claw back a lot of points to survive in the PL. That would be irresponsible if he'd played a full strength team with a big deduction coming down the tracks.

Against Villa he played a decent team but still rung the changes a lot earlier in that game and played an out of form Patterson and Keane, and Harrison for the first hour who was just getting back from injury .
 
Last edited:
Anyone else think that Dyche playing a full strength team last night meant something?

It occurred to me that he may have been told the punishment won't be severe (or none at all...or suspended) and he's gone for it against Burnley selection-wise - a team we could have coated to victory with less talent on the pitch at home.

I'd be astounded if Dyche did't know roughly the likely verdict by now, and if it was anything very severe he surely wouldn't have risked key players if we're desperate to claw back a lot of points to survive in the PL. That would be irresponsible if he'd played a full strength team with a big deduction coming down the tracks.

Against Villa he played a decent team but still rung the changes a lot earlier in that game and played an out of form Patterson and Keane, and Harrison for the first hour who was just getting back from injury .
Its a fair point, that the Club would have a bit of insight or even been told of the outcome.

Not sure how much that would influence Dyche selection tho?

As a manager and from a fans perspective i want to win matches and that should always be the primary objective.

Happy to get through and the mighty Fulham await.

If the Club do know the outcome i would expect that they are under NDA?
 

Status
Not open for further replies.

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Back
Top