It was tin foil hat stuff.
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It was tin foil hat stuff.
Chrismac
Player Valuation: £15m
Help me out here lads/ladies.. I keep reading that the wage bill is the reason we are in this mess, but if 4 years ago we had decided to get rid of half our playing squad say 16 players, say they are all on £80k a week (they arent), then we would have saved £66m a year.
Even with this saving we would still be way over the allowed £105m based on the previous 3 years books.
I realise Covid made a massive impact but it hadn't hit us for 2019 accounts and lockdown wouldve affected last 3 months only 2020 yet we recorded losses of £139m and £111m.
As its completely unrealistic to reduce the wage bill in half, and as it stands we are near powerless to increase Revenue by any great shout, can someone explain to me
1. How we get ourselves back within £35m/year losses without needing to make a profit on player sales every year?
2. How other clubs aren't going to be over the threshold, especially the teams with lower revenues that don't run a net positive transfer policy?
Even with this saving we would still be way over the allowed £105m based on the previous 3 years books.
I realise Covid made a massive impact but it hadn't hit us for 2019 accounts and lockdown wouldve affected last 3 months only 2020 yet we recorded losses of £139m and £111m.
As its completely unrealistic to reduce the wage bill in half, and as it stands we are near powerless to increase Revenue by any great shout, can someone explain to me
1. How we get ourselves back within £35m/year losses without needing to make a profit on player sales every year?
2. How other clubs aren't going to be over the threshold, especially the teams with lower revenues that don't run a net positive transfer policy?
davek
Player Valuation: £150m
It was 1 for Chelsea in the end...and for trafficking young players...29 cases of it. It was practically an assault on human rights.
davek
Player Valuation: £150m
lol lol lol lol
The amusing thing is though 90% of the comments were from wannabe top kopites - if the barcodes usurp their self entitled champions league birth within the next few years guaranteed they will be donning their tin hats in force and cryasin about oil money cabals etc.
davek
Player Valuation: £150m
I agree. It'll be a hefty fine or an outside chance of a transfer window embargo.
What I dont get though is the club's forceful letter in response to the PL statement. If youlre working hand in glove with the PL then you just say that you'll continue to abide by the process and are confident of your case. Saying that you're "disappointed to hear of the Premier League’s decision" to refer the case cuts across that.
royvernon39
Player Valuation: £10m
If found guilty Toffee Tv reckon that it should be a fine. A juicy fine but a fine,
If points are deducted then it will affect next season not this one so if we get relegated
then we will avoid the fine. You got to think positively.
If points are deducted then it will affect next season not this one so if we get relegated
then we will avoid the fine. You got to think positively.
barneygumble
Player Valuation: £60m
I just think to them, we’re a nothing club (they’d probably be right on current affairs).
But there will be more damage done than good, if you give us a points deduction, because other teams will follow. But if the likes of City, Chelsea can spend freely, then all you’re going to end up with is lawsuits everywhere, and ultimately if that happens you’ll have a watered down product like La Liga, which is mindnumbingly boring.
I’d say a points deduction is probably fair, but that would have to be consistent throughout and UEFA have not done it, and PL didn’t with city, so I’d expect a transfer embargo and a fine at worst, I feel.
Goodisongang
Player Valuation: £25m
It won't be a point deduction, if they do they are setting themselves up for what they then have to fine city, city have supposedly done what we have but x100 so if they deducted us points they'd have to relegate them.
Not even mention what Chelsea have done in the last year or so, so when the time comes wtf punishment are they going to receive?
Not even mention what Chelsea have done in the last year or so, so when the time comes wtf punishment are they going to receive?
Brendan Janus
Player Valuation: £40m
If it is a points deduction it will be at the start of next season !!
barneygumble
Player Valuation: £60m
Agreed.
I know what they’re trying to do. They’re trying to show they’re fighting, almost I the Everton ethos that isn’t it? But they’ve just got it wrong, so wrong once again, it’s staggering how inept they are.
EFC_FRANCIS
Player Valuation: £35m
Do feel like they can't really punish us that harshly given we've effectively been punishing ourselves under PL supervision for 2 seasons. We sold our best player and Brazils 9 for 20 million less than we would've got to meet an arbitrary deadline. We spent 1.7 million on transfers in one summer effectively being a transfer ban. 1
davek
Player Valuation: £150m
The chances of anything as draconian as that are slim.
EFC_FRANCIS
Player Valuation: £35m
Feel like it can't be just a fine though because then everyone will just break the rules and take the fine on the chin. Chelsea haven't broken any rules because their contracts are 100 years long
Blue peter
Player Valuation: £35m
The one thing this news will do, is ready half a dozen other clubs in and around the relegation spots speaking with their lawyers and contingency planning, developing strategies and trying to build in what Burnley and Leeds did last year. whether there is a case to answer or not, this really couldn’t have come at a worse time.
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