Financial Fair Play (general thread)

[SirHarryHotspur]

But they did agree they had breached the rules. City still dispute all of charges as far as I understand it.

I think they agreed when all the evidence was shown , bit like changing your plea half way through a trial. Burnley and Leeds started it all.

Leeds and Burnley ask Premier League to look into Everton over spending rules

Leeds United and Burnley have written to the Premier League, asking it to investigate whether Everton broke spending rules during the pandemic

www.theguardian.com

Yes Man C are disputing everything and the last I remember the commission could take 2 years to decide on a verdict, meanwhile they have employed a KC to go up against the KC's on the PL independent commission, all good fun.

Man City have appointed Lord Pannick KC as the man to defend the club in the aftermath of the Premier League charges against them.

 

[Viking78]

Probably because it is a rolling three year period which they have to keep there losses below £105m.

Original points deduction was for an overspend in 2021-22.
Latest one relates to 2022-23, but look at three years.
Everton do have mitigating factors like the stadium build, so i wouldn't be surprised to see them get some reduction in punishment.

 

[jurgen]

I can't be be the only one who loves it when other clubs get in trouble. Sometimes I read people saying they pity the fans of those clubs, but I'm more a schadenfreude kind of guy.

I mean whatever anyone's opinion of Levy, and I've certainly had mine, he's been straight up about wanting us to succeed within FFP.

It sounded a bit silly and naïve when it seemed like there was no punishment for Prem clubs jizzing money everywhere, but if it actually does have some teeth then why shouldn't we laugh at other clubs - they were laughing when we didn't sign any players for three windows or whatever it was, or got our stars cherry picked by richer teams.

 

[Col_M]

When the inevitable happens and they actually go for the big boys, will that be the trigger for SuperLeague 2 I wonder?
"I'm not playing with you anymore. I'm taking my ball and going to play somewhere else. "

I think this is a real risk. and whilst the fans are against it, I think they will rally around the club if they see it as fighting the corrupt system who has it in for them.

 

[Phantom]

I want Everton to go down so I do not have to listen to their shit fans booing everything whether it is justified or not. Irritating ****s.....

 

[Frozen_Waffles]

If anyones got a list of how close all the clubs were to breaking FFP and how close their wage budget is to the limit it'd be appreciated.

I'm really interested to know how close Chelsea and Arsenal (in particular) are to breaking FFP.

As it's a 3 year period, then I'd be amazed if Chlesea are OK come next January. Also with the wage budget to income, some clubs will be in the shit as this goes down.

There could be firesales all over the show this month and in the Summer.

 

[SirHarryHotspur]

When the inevitable happens and they actually go for the big boys, will that be the trigger for SuperLeague 2 I wonder?
"I'm not playing with you anymore. I'm taking my ball and going to play somewhere else. "

I think this is a real risk. and whilst the fans are against it, I think they will rally around the club if they see it as fighting the corrupt system who has it in for them.

The PL is run by the clubs themselves it's not some separate entity. The clubs agreed on the FFP rules by a vote , all clubs agree to abide by them by being part of the PL.
All the board of the PL do is implement the rules as agreed by the clubs , the rules apply to richest clubs as well as the Luton's and Bournemouth's.
On subject of super leagues , English clubs will not be allowed to join a super league by the Government unless the super league is authorised by UEFA which is very unlikely

Premier League clubs agree new financial rules, with EFL sides to be offered increased payments

Premier League clubs reached a set of agreements at a meeting on Tuesday; new Financial Fair Play rules agreed but top flight set to be out of step with UEFA; payments to EFL set to increase but clubs must follow Premier League rules; parachute payments to be reformed

www.skysports.com

Governance | Premier League

The Premier League is a private company limited by shares. For more information, visit the official website of the Premier League.

www.premierleague.com

 

[Russ1201]

No punishment for City, Chelsea, Arsenal etc?. Don't have the balls to take on the big guns with their money.

 

[Yiddo100]

The 10 points Everton got penalised is that done on a percentage of how much they overspent or is it universal no matter what, ie if you were found to be £5m over or 25m over it’s 10 points no matter what?

 

[Yiddo100]

No punishment for City, Chelsea, Arsenal etc?. Don't have the balls to take on the big guns with their money.

Who’s to say they overspent? city seem to have charges anyway.
Chelsea just found a massive loophole in the rules didn’t they?

 

[BPR_U16]

The Financials of both Everton and Forest show that they have broken FFP rules and their Accounts show it- that is why they have accepted the charge.
They are both pleading a number of extinuating circumstances which they want taken into account including THFC ripping off EFC by buying Richarlison on the cheap (????) and NFFC saying they didn't sell Johnson before financial year end to Spurs as they didn't want to be ripped off.
In the case of EFC, the major loss of a sponsor as a result of Ukraine war had a big impact
Issue is they both know the rules, both spent a lot on players (NFFC especially on Premiership return) and didn't cut their cloth accordingly.

There is a problem though when a really significant loss in one season can impact on 3 years of FFP.

It needs to be remembered that investment into a new stadium does not affect FFP otherwise we would have failed the tests with our billion pound ground.

The case of Manchester City is entirely different which is why it has not been resolved. Their financials do not show any breach of FFP, it is the interpretation of some of the declared income which has brought their case to the fore and that is a matter which has still to be fully resolved - hopefully the KC's bills will be astronomical and cause an issue at some stage. Though cited some years ago, there still does not appear to be any real movement on this and that's before plenty of appeals!


Those less fortunate are already stating that there needs to be change to the rules and the introduction of salary/budget caps should be introduced at the same level for all. This though punishes the well run clubs who like THFC have a sensible business model that has numerous revenue streams and is not reliant on a benefactor. This is where Levy has excelled he knows business.

 

[Russ1201]

Who’s to say they overspent? city seem to have charges anyway.
Chelsea just found a massive loophole in the rules didn’t they?

Some very shady business by them and abusing loopholes in contract length or dodgy sponsorship etc.
But technically they might be playing by the rules just.

 

[mightyspur]

 

[philll]

It's funny that we pop up in both of their defences regarding the transfers of Richarlison and Johnson.

 

[SirHarryHotspur]

View attachment 136689

Yes thought I would give road tax or tv licence a miss for two months.
No excuse, make a points deduction , fines mean nothing.

 

[yido-1989]

Thanks for the response guys.

Either way, this stinks. You admit you did wrong but blame someone else, if that was the case then why not just say “it wasn’t me” instead of pleading guilty.
I want Everton as a club to disappear of the face of the planet but I’m sure Man City and the Chavs have done worse.

You want Everton to disappear or was that a mistype?

I don’t mind Everton as a club tbh.

 

[Bluto Blutarsky]

View attachment 136689

This does not really make sense.

If they had sold Johnson in June they could have avoided a breach. That part I get, and makes sense.

But the breach occurred on July 1 - and it covered the preceding period. Selling Johnson did not suddenly erase the breach - they were in breach for the accounting periods in question - at that ended on June 30.

They are not yet in breach for the next period - and maybe selling Johnson will help that - but it has ZERO to do with the preceding period.

 

[mightyspur]

The 10 points Everton got penalised is that done on a percentage of how much they overspent or is it universal no matter what, ie if you were found to be £5m over or 25m over it’s 10 points no matter what?

It's 6 point deduction initially, then 1pt for every 5m over the threshold

 

[mightyspur]

This does not really make sense.

If they had sold Johnson in June they could have avoided a breach. That part I get, and makes sense.

But the breach occurred on July 1 - and it covered the preceding period. Selling Johnson did not suddenly erase the breach - they were in breach for the accounting periods in question - at that ended on June 30.

They are not yet in breach for the next period - and maybe selling Johnson will help that - but it has ZERO to do with the preceding period.

If they sold him in June, they cover their issue. They didn't, so it's a breach for that period. Not sure there's much more to it than that.

 

[aliyid]

If anyones got a list of how close all the clubs were to breaking FFP and how close their wage budget is to the limit it'd be appreciated.

I'm really interested to know how close Chelsea and Arsenal (in particular) are to breaking FFP.

As it's a 3 year period, then I'd be amazed if Chlesea are OK come next January. Also with the wage budget to income, some clubs will be in the shit as this goes down.

This was from last years figures not the ones submitted in December but does show just how bad Everton were