Honestly I think it’s still overly harsh considering the circumstances. It’d be one thing if they were just flaunting the rules.
But they got fucked by Covid like everybody else but then right as they were recovering there lost all investment from Usmanov due to the Russia Ukraine conflict.
Then they stayed on a strict spending plan in clear open communication with the league for the past 2 (3?) years where they were not allowed to buy players without selling to cover their cost in which time they made a net gain of 28M on transfers and stayed in the league.
They were already under strict transfer restrictions and I could even understand further punishment to uphold the rules but this is unfair. The past few years have been a struggle but they’ve done everything they’re supposed to and, if they had survived this season, looked like they might finally be on track to being okay again because of it.
But this is piss. Fucking arresting a homeless person for sleeping on the sidewalk type behaviour.
Why would anybody ever agree to comply with this investigation again? Looking at how it’s turned out for everybody else, it seems like Everton should’ve pumped up an even bigger bubble and spent even more so they wouldn’t have been in enough danger to get reasonably sued by the relegated clubs in the first place.
Honestly I think it’s still overly harsh considering the circumstances. It’d be one thing if they were just flaunting the rules.
But they were right, they were trying to declare overspend as COVID allowance. They fiddled the books to write it off and tried to hide the breach.
But they got fucked by Covid like everybody else but then right as they were recovering there lost all investment from Usmanov due to the Russia Ukraine conflict.
The Ukraine war isn’t a factor, they got fucked by COVID like everyone else but declared far higher COVID costs for no reason. They used COVID write offs to remove some of the bad debt from all those years of bad investments.
They did breach FFP, this happens to championship clubs all the time, we can’t allow different rules because it’s the Premier League.
And it won’t be a 10 point deduction, the sentence always gets halved on appeal, it will end up a 5 point deduction.
Yup, as a Wolves fan who are having an ok but limited season due in part to a quietish summer window because of FFP allowances, Everton just avoiding that whole need to be careful cos they didn’t feel like it isn’t really on.
The USM naming rights to the training ground was worth 30m alone and was ended due to the Ukrainian war. That right there was enough to put us under the 105m limit.
Honestly I think it’s still overly harsh considering the circumstances. It’d be one thing if they were just flaunting the rules.
But they got fucked by Covid like everybody else but then right as they were recovering there lost all investment from Usmanov due to the Russia Ukraine conflict.
Then they stayed on a strict spending plan in clear open communication with the league for the past 2 (3?) years where they were not allowed to buy players without selling to cover their cost in which time they made a net gain of 28M on transfers and stayed in the league.
They were already under strict transfer restrictions and I could even understand further punishment to uphold the rules but this is unfair. The past few years have been a struggle but they’ve done everything they’re supposed to and, if they had survived this season, looked like they might finally be on track to being okay again because of it.
But this is piss. Fucking arresting a homeless person for sleeping on the sidewalk type behaviour.
Why would anybody ever agree to comply with this investigation again? Looking at how it’s turned out for everybody else, it seems like Everton should’ve pumped up an even bigger bubble and spent even more so they wouldn’t have been in enough danger to get reasonably sued by the relegated clubs in the first place.
But they were right, they were trying to declare overspend as COVID allowance. They fiddled the books to write it off and tried to hide the breach.
The Ukraine war isn’t a factor, they got fucked by COVID like everyone else but declared far higher COVID costs for no reason. They used COVID write offs to remove some of the bad debt from all those years of bad investments.
They did breach FFP, this happens to championship clubs all the time, we can’t allow different rules because it’s the Premier League.
And it won’t be a 10 point deduction, the sentence always gets halved on appeal, it will end up a 5 point deduction.
Yup, as a Wolves fan who are having an ok but limited season due in part to a quietish summer window because of FFP allowances, Everton just avoiding that whole need to be careful cos they didn’t feel like it isn’t really on.
Exactly, so many ppl casually forgetting the Marco Silva £100m+ gamble
Look at the net spend for the last 5 years. We have spent no money on players compared to you lot
The USM naming rights to the training ground was worth 30m alone and was ended due to the Ukrainian war. That right there was enough to put us under the 105m limit.