Everton

[mkowl]

Very similar to the discussions had on here with the stadium sale, forget tactics etc, knowledge of FRS 102 accounting standards being a key skill.

Tbh Everton's justification of their PSR overspend or mitigations to it, is as laughable as the document the Club created for the stadium sale. 

It's why I get annoyed, currently got a client doing a similar re-structure and the lawyer is charging 5k. So basically for the cost of a player sat on his arse a couple of days, our sorry mess could have been avoided.

I get the whole debate about FFP, but I direct the anger at Chansiri et al for presuming this could be brushed aside.

Similarly Everton could have sold a key player to balance their position, but chose to retain him. 

The overall similarity, is that no one questions that the money spent was spent on some right shite on the field 

[TheExile]

All I can see from it all is stagnant competition and clubs still losing a lot of money. Everton have been haunted by this for years just as the EFL stalked us.
 

Everton are a big club historically but not being able to spend money kills them and many others 

[bricat]

I wonder if any more will follow?

[Tank_Owl2,0]

22 hours ago, Reesh said:

Kev P&S allows clubs with parachute payments huge advantages...hence it is bollocks

I agree with this. In what other business do you get a bail / hand out if you fvck up, as per the parachute payments.

To me it a) encourages clubs to live beyond their means and b) for agents and players to ask for stupid wages.

[Tylluan]

I think the PL has played a blinder here. 

No financial penalty and a points deduction, in line with the EFL, that leaves Everton only one game from safety and over half a season to get it back. The PL can also turn to the Government and say look at us keeping our house in order. No need for an independent regulator. 

[KrolMong]

I’ve read some interesting stuff on this, but the starkest comment was on some football podcast I listened to yesterday.

The reality is that there is now a precedent set. But it’s what happens next with City and Chelsea - which being clear, will be absolutely nothing. There are two reasons for this, one is that it is multiple charges that both clubs are facing which are going to take several years to sift through and more critically, both sides are being backed by absolutely elite legal teams.

The second, and more harrowing reason, is linked to the ESL link from a few years back. Both teams wanted part of it, and because the PL was very soft in there punishment, as soon as the threat of a punishment comes they will play that card again… The Saudi’s and QATAR’s are very much interested in funding and hosting such a competition.

What you are actually going to see is those clubs with clout given a bit of free rein, but any ‘lesser’ club found to breach even at a small scale is to be punished.

Some clubs will simply be untouchable in all of this.

[mkowl]

29 minutes ago, KrolMong said:

I’ve read some interesting stuff on this, but the starkest comment was on some football podcast I listened to yesterday.

The reality is that there is now a precedent set. But it’s what happens next with City and Chelsea - which being clear, will be absolutely nothing. There are two reasons for this, one is that it is multiple charges that both clubs are facing which are going to take several years to sift through and more critically, both sides are being backed by absolutely elite legal teams.

The second, and more harrowing reason, is linked to the ESL link from a few years back. Both teams wanted part of it, and because the PL was very soft in there punishment, as soon as the threat of a punishment comes they will play that card again… The Saudi’s and QATAR’s are very much interested in funding and hosting such a competition.

What you are actually going to see is those clubs with clout given a bit of free rein, but any ‘lesser’ club found to breach even at a small scale is to be punished.

Some clubs will simply be untouchable in all of this.

I don't empathise with the Everton fans on the fact they did break the rules. Just like we did. Take the consequences.

What I will empathise on is exactly your point above, that there won't be consistency. It happens everywhere, in my world the regulator will go for a sole trader whilst the big firms say the usual contrite shite.

[Snap]

I know Everton have flirted with the drop a few times but it got me to thinking actually when they'd been out of the top division. Came across this,

Everton

The Toffees are England’s second-longest serving top-flight side – their last relegation came in the 1950-51 campaign. Their demotion was sealed with a thumping 6-0 defeat at Sheffield Wednesday and it took until 1954 for Everton to gain promotion.

However, they’ve have flirted with the drop on occasion since the PL’s formation. Gareth Farrelly’s goal at Goodison Park against Coventry City on the last day of 1997-98 season ensured the Blues stayed up on goal difference.

And the 3-2 victory over Wimbledon in 1994, which sent Sheffield United down in their place, is still raved about by the blue half of Liverpool.

Which was taken from, https://www.planetfootball.com/quick-reads/last-time-big-six-everton-relegated-arsenal-chelsea-liverpool-man-utd-tottenham

 

By the end of the decade AI will be administering the lot surely. Won't it?