If club are found to have breached spending rules in next set of accounts, action will be taken by end of May under changes brought in to speed up process
If club are found to have breached spending rules in next set of accounts, action will be taken by end of May under changes brought in to speed up process
The trick is to be massively corrupt in a way that takes fucking forever to bring to trial. To get super advanced, you need to be under active indictments in four different cities under four completely different categories of law.
It’s not as clear cut as that because it’s not as simple as having budget of £105m and spending £124.5m, though that’s the final tally. They lost far more than £124.5m over 3 seasons, they lost closer to £370m but were allowed to write some of it off per the rules.
My understanding is that their argument is twofold, 1) They think they should have been able to write off more of the losses and 2) There were good reasons that they had reduced income that tipped them over (covid, no transfer fee for Sigurdsson and unexpectedly poor results in the league).
The difficulty is a team can invest with an expectation that it will return better results and money, but football is unpredictable and if it doesn’t work out then you can get punished like this. You could definitely argue they acted recklessly and took an unacceptable risk, but it’s not just outright stupidity.
It’s a 3 year rolling loss tally, if they get punished again then it’s likely partly the same mistake as last time, not a fresh one.
Yeah it’s not a ‘we suspect they might have broken the rules again so will be punished again’, just a ‘Everton still have to play by the same rules despite already being punished for breaking them before’, it’s a non story
Ouch, that’s a deadly one-two punch.
They can fuck over everton immediately, but man city may not see anything for 2+ years? Wtf is this?
It’s been 5 years. Investigation was made public in 2018
The trick is to be massively corrupt in a way that takes fucking forever to bring to trial. To get super advanced, you need to be under active indictments in four different cities under four completely different categories of law.
Yet Man City has taken a few years and won’t see action, if there is any, until 2024/25 most likely.
lol at the EPL eyeing the relegation line and docking whatever points it takes to send them down,
I mean if you already were being investigated and you broke the same rules again you’re a fucking dumbass beyond measure.
Shitty situation for the fans though
Given that the accounts are over a three year period it’s more like being penalized twice for screwing up the same year.
It’s not as clear cut as that because it’s not as simple as having budget of £105m and spending £124.5m, though that’s the final tally. They lost far more than £124.5m over 3 seasons, they lost closer to £370m but were allowed to write some of it off per the rules.
My understanding is that their argument is twofold, 1) They think they should have been able to write off more of the losses and 2) There were good reasons that they had reduced income that tipped them over (covid, no transfer fee for Sigurdsson and unexpectedly poor results in the league).
The difficulty is a team can invest with an expectation that it will return better results and money, but football is unpredictable and if it doesn’t work out then you can get punished like this. You could definitely argue they acted recklessly and took an unacceptable risk, but it’s not just outright stupidity.
It’s a 3 year rolling loss tally, if they get punished again then it’s likely partly the same mistake as last time, not a fresh one.
Im struggling to think how exactly we’d have fucked up the finances since when we got done
We’ve not really spent any money on transfers without selling players and our wages have drastically dropped
Sounds abit clickbaity to me tbh
Joyce usually isn’t the clickbaity type
Yeah it’s not a ‘we suspect they might have broken the rules again so will be punished again’, just a ‘Everton still have to play by the same rules despite already being punished for breaking them before’, it’s a non story