Financial Fair Play investigation

[riddick]

I don't get how we are the ones being stitched up for this. Leicester and Villa (and Leeds to an extent) are in JUST as bad situation as us if not worse.

 

[good times bad times]

Is Carlin …a) Kenwright b) Baxendale c) Prentice d) Sharp e) Ingles f) bellew g) SiCurrie

The answer is of course h) Jenny.

 

[MikeH72]

I don't get how we are the ones being stitched up for this. Leicester and Villa (and Leeds to an extent) are in JUST as bad situation as us if not worse.

What? No they’re not.

 

[Dymak]

The PL has a case to answer too and that'll come out in this Commission.

I’m not sure it does, at least where Everton are concerned. We were within limits because of the Covid excuse this time last year. Our new accounts set to be published next week take us over the limit, so we’ve been referred. The journalists making out that this is the PL belatedly dealing with last year’s complaint from Burnley and Leeds are just mistaken.

 

[Connor]

Are they? I know they’ve spent a few bob, but they’ve sold higher than we have which probably off sets their expenditure to a greater degree than ours and have had European football more recently than us. Their recent accounts show a loss of £92m vs £31m the year before and £60m the year before (£183m) that’s before the P&S calculation but their losses are a lot less than ours so they are on the border but certinaly not worse

All the big sales are gone off this cycle and they’ve had players on silly money. Why they gave the keeper away to Nice in the summer

Big trouble before long

 

[kenada_blue]

I don't get how we are the ones being stitched up for this. Leicester and Villa (and Leeds to an extent) are in JUST as bad situation as us if not worse.

Cos we have the worst rolling 3 year losses than any club in the league.

 

[MikeH72]

One team that wants to be quiet in this whole thing is Leicester

In as bad, if not worse, position than us

How much have Leicester lost over a rolling 3 year period?

 

[coollino]

Hoping this will end up like the relegation thread

 

[Connor]

How much have Leicester lost over a rolling 3 year period?

Athletic have done 2/3 deep dives on their finances now:

 

[davek]

View attachment 207365
Interesting.

If that's true it highlights how flimsy the PL's argument against Everton will be to that commission.

We need to keep our nerve, win some games to stay up and this thing will be dealt with favourably IMO.

 

[kenada_blue]

I’m not sure it does, at least where Everton are concerned. We were within limits because of the Covid excuse this time last year. Our new accounts set to be published next week take us over the limit, so we’ve been referred. The journalists making out that this is the PL belatedly dealing with last year’s complaint from Burnley and Leeds are just mistaken.

We have breached FFP for the 2nd time. We always were. By the rules they have to refer us regardless of cooperation.

But IMO due the cooperation we should just get slapped with a fine.

It's not like we've hid money and lied about revenue ala City

 

[MikeH72]

Athletic have done 2/3 deep dives on their finances now:

View attachment 207373

£190m loss, over the same period ours was £372m. They could theoretically claim £90m due to covid and be absolutely fine. Still don’t know how we got away with blagging £170m covid losses.

 

[Connor]

£190m loss, over the same period ours was £372m. They could theoretically claim £90m due to covid and be absolutely fine. Still don’t know how we got away with blagging £170m covid losses.

They’ve zero sellable assets and like us with BMD, have tried to write a lot off on their training ground redevelopment

Trouble

 

[Moderatelywarmwater]

On Leicester…..
At least they’ve had success off it and enjoyed success… we’ve actually got flipping worse…!
How did we end up with the world's most unsuccessful philanthropist?

 

[blulouie]

If that's true it highlights how flimsy the PL's argument against Everton will be to that commission.

We need to keep our nerve, win some games and this thing will be dealt with favourably IMO.

The most valid points are already made.

That the club worked with & satisfied the Premier lge for 2 yrs.
And moreso even telling the rest of the Clubs they were satisfied and Everton were free to sign players in the transfer window.
This is a most crazy situation