UEFA FFP investigation - CAS decision to be announced Monday, 13th July 9.30am BST

[nmc]

So, by next year, their 2 yr rolling losses will be £125M (£111.8+£13.1M). Therefore, they need £20M profit (-£125+20=-£105M) next year to “break even” over the rolling 3 yr period.

From there, they can then lose £13M the following year (-£112+20=-£92M, and -£92-13=-£105M again).

From there, with aggregate profit of (£20-13M) £7M over the previous 2 yrs, they would be in a position to lose £112M again and still be OK! However, one would hope that this years massive losses would be a single event designed to increase future revenues...which will be needed with a very expensive manager and an expected significant outlay on players.

My guess is that an Everton player will move to Arsenal in the summer for highly inflated fee north of £30m.

 

[waspish]

Beginning to get a bit windy about the silence on this now. The investigation was supposedly concluded months ago and it was agreed that notwithstanding the CAS proceedings they could go ahead and publish their findings. Nothing. The CAS proceedings finished in November but we've heard nothing since. That, in itself, is a departure from all the leaks and speculation that went on for years before. Why has the media suddenly gone so quiet when they couldn't stop mentioning the proceedings before November ?

If UEFA had a "concrete" case they would have banned us by now but the fact that they haven't cleared us either suggests they are intending to punish us regardless. So it doesn't take Sherlock Holmes to suspect that there are negotiations going on. My concern is that directly, or indirectly, the usual suspects are continuing to have input into negotiations that, ostensibly, have fuck all to do with them.

Champions league starts up then we will see the shit media articles.

 

[gordondaviesmoustache]

Champions league starts up then we will see the shit media articles.

Especially if we get to the Final!

 

[Marvin]

My guess is that an Everton player will move to Arsenal in the summer for highly inflated fee north of £30m.

Why? Usmanov sold his shares in Arsenal to Kroenke.

It has been alleged that Usmanov is the real owner of Everton, and that Moshiri is his front man hence the sponsorship by Usmanov of the training ground and an option on the naming rights of the new stadium (yet to be built but the monies to be paid in advance!)

I bet City's board are looking at this news shaking their heads with a wry smile.

 

[SilverFox2]

Moshiri's long time associate, the oligarch Usmanov, has paid £30m to EFC for the option on naming rights on the new stadium whilst EFC announce losses of £111m! Usmanov is an oligarch who you can liken to Abramovic in terms of the origin of his wealth and his political power. He is a long time associate of Moshiri and already sponsors the Everton training ground Finch Farm.

Let's see what the Guardian and the BBC make of this.

If it is par for the course ie stadium naming rights is it against the rules Marvin?

 

[BobbyBoy]

This won't be popular on here but the last 2 or 3 pages show why FFP is required. Everton are being run like Bury on steroids, they have spent £500m on players but unlike Chelsea and City before them they have nothing to show for it. They have a shit squad with only 2 or 3 players anyone would show any interest in. If their owner decides he's not going to plug the holes anymore then they are proper fucked, a Leeds United type scenario awaits them if they're lucky.

FFP at least calls a halt to their spending, without the requirement to make a profit next year then they would just continue to throw good money after bad.

 

[ganganvince]

This won't be popular on here but the last 2 or 3 pages show why FFP is required. Everton are being run like Bury on steroids, they have spent £500m on players but unlike Chelsea and City before them they have nothing to show for it. They have a shit squad with only 2 or 3 players anyone would show any interest in. If their owner decides he's not going to plug the holes anymore then they are proper fucked, a Leeds United type scenario awaits them if they're lucky.

FFP at least calls a halt to their spending, without the requirement to make a profit next year then they would just continue to throw good money after bad.

But the main ffp relates to UEFA as they are not in Europe will not affect them the pl rules are much laxer.

 

[Marvin]

If it is par for the course ie stadium naming rights is it against the rules Marvin?

Well you're as well placed as me to answer but here are my speculations:

It becomes testable if Everton break the Premier League financing rules, and then the relevant questions are is Usmanov, or his company a connected party to Moshiri and is the transaction above market value. It feels like extremely sharp practise to pay now for naming rights of a stadium that has yet to be built. Arguably the option is worthless unless the stadium is built.

The connection between Usmanov and Moshiri has long been considered. There are a couple of sources that are worth checking.

https://en.wikipedia.org/wiki/Alisher_Usmanov#Suppression_of_online_criticism

David Conn wrote this piece https://www.theguardian.com/footbal...d-moshiri-alisher-usmanov-new-money-ownership and it's notable that his article was amended.

 

[BobbyBoy]

But the main ffp relates to UEFA as they are not in Europe will not affect them the pl rules are much laxer.

I'm not sure about laxer, definitely more vague as there appears to be rules but no actual punishment. Europe has to be consider though, you don't spend that amount not to qualify.

 

[Marvin]

But the main ffp relates to UEFA as they are not in Europe will not affect them the pl rules are much laxer.

They've lost £111m so that puts them at risk of failing PL rules.

Usmanov already sponsors their training ground, and has now done a deal on the naming rights of their stadium. It looks very much as if Usmanov is keeping EFC afloat or inside of the Premier League rules. However the rules contain caveats about whether a connected party can underwrite that. Its murky. Is Usmanov a connected party? Are the deals in excess of market value.

It all sounds very familiar and yet who is discussing this? This is the point that City fans have made repeatedly. If you were to look into the dealings of any major business or football club, you'd no doubt find all kinds of skeletons and yet our business was played out under the full glare of media scrutiny indeed all kinds of allegations were aired some of which turned out to be false. Who is scrutunising this, or does it not matter because EFC are for the moment not rivals of Liverpool, Arsenal and Man Utd?

 

[bobbyowenquiff]

You can be assured that if Everton show any serious signs of revival there will be a major smear campaign against them in the media orchestrated behind the scenes by their friendly local rivals. In fact it may already have started. Moshiri's background and heritage will not have gone unnoticed by the American owners of Liverpool.

 

[Marvin]

You can be assured that if Everton show any serious signs of revival there will be a major smear campaign against them in the media orchestrated behind the scenes by their friendly local rivals. In fact it may already have started. Moshiri's background and heritage will not have gone unnoticed by the American owners of Liverpool.

The biggest intrigue revolves around the regulation and reporting of the game and the ties between the two. As we saw with Man City, leaks, smear and defamation are all intimately connected. Strings are pulled. In this case the string has not been pulled because there is no vested interest at stake. Everton FC are at the moment a mere object of amusement. That might change of course. See Manchester City.

See also the near media blackout over spygate. There the string has been pulled. This time the powerful are in the dock, and the media dare not report them, or the newspaper owners don't want to test the water.

 

[Gorton_Tubster]

This won't be popular on here but the last 2 or 3 pages show why FFP is required. Everton are being run like Bury on steroids, they have spent £500m on players but unlike Chelsea and City before them they have nothing to show for it. They have a shit squad with only 2 or 3 players anyone would show any interest in. If their owner decides he's not going to plug the holes anymore then they are proper fucked, a Leeds United type scenario awaits them if they're lucky.

FFP at least calls a halt to their spending, without the requirement to make a profit next year then they would just continue to throw good money after bad.

How does that work though if a billionaire wants to spend £1b to pull them out of debt and buy a decent team? FFP stops that happening surely?

Meanwhile utd, having loads of income from historical success, money to back them up, can continue to spend stupid amounts.

I just don't see it as fair. When teams like united or bayern are given more of a chance to offset debt than smaller clubs.

 

[Colin Bells Boots]

How does that work though if a billionaire wants to spend £1b to pull them out of debt and buy a decent team? FFP stops that happening surely?

Meanwhile utd, having loads of income from historical success, money to back them up, can continue to spend stupid amounts.

I just don't see it as fair. When teams like united or bayern are given more of a chance to offset debt than smaller clubs.

Corrupt is the word you were looking for, and protection of the cartel clubs.

FFP is a fucking sham designed and brought in to maintain the status quo . No way were rags at risk despite their debts .

 

[MillionMilesAway]

How does that work though if a billionaire wants to spend £1b to pull them out of debt and buy a decent team? FFP stops that happening surely?

Meanwhile utd, having loads of income from historical success, money to back them up, can continue to spend stupid amounts.

I just don't see it as fair. When teams like united or bayern are given more of a chance to offset debt than smaller clubs.

Pretty much right, I think - it isn't fair to a less wealthy club trying to play catch-up.

I think the PL version has a wage increase limitation (something like 4%, or more if it is covered by non-broadcasting increases).

UEFA introduced a change that allowed takeover clubs to spend heavily for a short period - mostly driven by Milan, I think. I don't know if it exists in the domestic one.

 

[M18CTID]

This won't be popular on here but the last 2 or 3 pages show why FFP is required. Everton are being run like Bury on steroids, they have spent £500m on players but unlike Chelsea and City before them they have nothing to show for it. They have a shit squad with only 2 or 3 players anyone would show any interest in. If their owner decides he's not going to plug the holes anymore then they are proper fucked, a Leeds United type scenario awaits them if they're lucky.

FFP at least calls a halt to their spending, without the requirement to make a profit next year then they would just continue to throw good money after bad.

Moshiri comes across as a benevolent investor and he also has Usmanov behind him who is fucking loaded and has never made any secret of how pissed off he was about being denied the chance to invest at Arsenal by that wanker Kroenke, so I don't think they're in any danger at all of "doing a Bury". In fact, I see huge parallels with what Everton are doing at the moment and what we did in the first couple of years after the takeover, so I'm not sure why anyone is calling them out for daring to spend big money on players. Of course, I'm sure they will need to start showing some signs of improvement on the pitch and soon for those two to remain as interested in Everton as they are which is what we did when we sacked Hughes and appointed Mancini. To that end, Ancelotti might prove to be a shrewd appointment.

The difference between now and 10 years ago is that yes, FFP makes it harder for them to spend as much as they might like, but on the flip side the top 4 is no longer the closed shop that it was for years before we (and Spurs in 2010) broke into it. You could only say with confidence that ours and Liverpool's spots are somewhat guaranteed for the foreseeable future. If things start to go well for Everton then they could easily challenge for those remaining CL places before long.

 

[Parisian]

The biggest intrigue revolves around the regulation and reporting of the game and the ties between the two. As we saw with Man City, leaks, smear and defamation are all intimately connected. Strings are pulled. In this case the string has not been pulled because there is no vested interest at stake. Everton FC are at the moment a mere object of amusement. That might change of course. See Manchester City.

See also the near media blackout over spygate. There the string has been pulled. This time the powerful are in the dock, and the media dare not report them, or the newspaper owners don't want to test the water.

I have to admit that i have never heard or seen this story other than on this forum.

 

[domalino]

This won't be popular on here but the last 2 or 3 pages show why FFP is required. Everton are being run like Bury on steroids, they have spent £500m on players but unlike Chelsea and City before them they have nothing to show for it. They have a shit squad with only 2 or 3 players anyone would show any interest in. If their owner decides he's not going to plug the holes anymore then they are proper fucked, a Leeds United type scenario awaits them if they're lucky.

FFP at least calls a halt to their spending, without the requirement to make a profit next year then they would just continue to throw good money after bad.

They're fine.

Net debt is £60m, They've spent £450m on players but brought in £250m in sales. Deloitte just made them the 20th richest club in Europe despite having no European football.

 

[domalino]

I have to admit that i have never heard or seen this story other than on this forum.

When was the last time you saw a baseball story in the UK press?

 

[Marvin]

How does that work though if a billionaire wants to spend £1b to pull them out of debt and buy a decent team? FFP stops that happening surely?

Meanwhile utd, having loads of income from historical success, money to back them up, can continue to spend stupid amounts.

I just don't see it as fair. When teams like united or bayern are given more of a chance to offset debt than smaller clubs.

FFP is the fence around the rich man's land. Everton are poaching but the rich man is only really bothered when the poacher becomes a threat to his livelihood.