PL charge City for alleged breaches of financial rules

Dribble said:
Everton intend to appeal the sanction, & are claiming the effect of COVID & continued lockdowns for their losses.

Government Ministers have just weighed in urging the immediate introduction of an independent regulator & to suspend the 10 point deduction whilst Everton appeal.

Sports Lawyers are saying it's highly unusual for a ruling like this with an immediate appeal, leading to an immediate points deduction.

They've pointed to cases in Italy, Turkey & the Football League where the points deductions were stayed, pending the outcome of an appeal, & they're questioning the haste the points have been chopped. ¯⁠\⁠_⁠(⁠⊙⁠_⁠ʖ⁠⊙⁠)⁠_⁠/⁠¯
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It's a disgraceful policy from the PL, not that we should be surprised, justice doesn't feature highly in their priorities.
 
decmancity said:
Cant help but feel like Everton have just got this out of the way early and not fought against it so they can get on with getting the points back.

Its not in their interest to keep it going all season and get 10pts deducted with 5 games to go and putting them in a relegation battle.
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Well they admitted it i think. So would naturally come to a quicker conclusion
 
supercity88 said:
That's made me puff out my chest! I'm sure there's a GIF I could share if I was capable enough.

And if we are one day cleared it won't really matter, the fans have made up their minds because they'll believe anything that suits their agenda. And we're no different. I just wish sport was sport and we didn't have to deal with all the financial or political nonsense that seems to be weaved into every sporting story these days.
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Sport is sport to fans. To most owners it's a vanity project. HOWEVER, with the introduction of FFP, those very same vanity owners turned football into a business, which WASN'T their intention!

All they wanted to do was stop City, but all their shenanigans have sought to achieve is more regulatory eyeballs on football purse strings, & now government regulation!

It's UEFA & the G14 who twisted UEFA's arm to introduce FFP who've shot themselves in the foot!

This is why the G14 & Sky Four are dead set against independent regulation. They saw European football as theirs & theirs only, for only them to create the rules of operation & engagement.

If they lose that control, their positions at the top of football is threatened forever. Yes, they'll remain at the top of football for now, but think about what would've happened to ManUre, Chelsea & Liverpool under fairer football rules?

Years of struggle has happened to them before & it can happen again. This time though, they won't be able to stack the deck with FFP-like scams to help themselves, & hinder any new money challengers.
 
East Level 2 said:
Eh? If Everton lose ten points they lose ten points. It's still ten points off what they've earned whenever the deduction occurs.
The question is whether some relegated clubs will carry out their threat to sue EFC as their cheating enabled them to survive.
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The deduction is immediate no?
Id rather lose 10 now with 20 games to go then be thrown into a relegation battle in the last 5.
 
Invisible Man's Bandage said:
So Everton have been found guilty of an overspend averaging 6.5 mill a season over a three season monitoring period. How is that gaining much, if any, meaningful advantage? It just shows what a shambles FFP is.
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tbf they should have been done for spending hundreds of millions on the likes of Iwobi and Pickford. Keep them from destroying themselves.
 
chaddblue said:
The pressure put on the PL to push our case through and punish us will be off the scale now
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City would have the case heard tomorrow. 4/5 years and counting now is designed for maximum impact on public opinion and PR image. As has been said earlier, it hasn't worked, we are hugely successful, both on and off the pitch.
 
M18CTID said:
That's what I though but for some reason posters are talking about a £20m overspend?
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BBC article:
Premier League clubs are permitted to lose £105m over a three-year period and Everton admitted to being in breach of the profit and sustainability rules (PSR) for the period ending 2021-22.
Following a five-day hearing in October, the commission found in favour of the Premier League that Everton's losses during that period amounted to £124.5m.

From that, I think it's the difference between the total losses listed being £372m, and the loss after allowable discounts are offered (e.g. having no matchday income for a long time).

The commission seem to think that the club assumed they would finish about 10 places higher in one season, and that cost them c. 20m.
 
citizen_maine said:
You're assuming it's aimed at us. It could be aimed at Chelsea who some believe will fail FFP due to their recent spending
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Perhaps true, but in any event, the cases of other clubs are immaterial to their own. It suggests to me that, ludicrous though the rules are, they've knowingly broken them and are bang to rights.

When you think about it, if City were to be exonerated before Everton's appeal is heard, I cannot imagine any lawyer worth his salt submitting in their appeal bundle "City got off, so this is precedent for us receiving a lighter punishment".
 
Claytop said:
That's what it was. From the BBC.

The commission added: "Everton's understandable desire to improve its on-pitch performance (to replace the non-existent midfield, as Mr Moshiri put it in evidence) led it to take chances with its PSR position.

"Those chances resulted in it exceeding the £105m threshold by £19.5m.

"The position that Everton finds itself in is of its own making. The excess over the threshold is significant. The consequence is that Everton's culpability is great.

"We take into account the fact that Everton's PSR trend over the relevant four years is positive, but cannot ignore the fact that the failure to comply with the PSR regime was the result of Everton irresponsibly taking a chance that things would turn out positively."

They lost over £300m but got most back via Covid allowances as far as I'm aware.
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Thanks for that.

Seriously, that commission statement is pathetic. Plenty of football clubs speculate to accumulate and the statement basically says that Everton didn't ride roughshod over FFP rules as though they didn't exist. Instead they spent a lot of money on players in order to (hopefully) finish higher up the league which in turn would've earned them more money. A £19.5m overspend over 3 years is equivalent to finishing 3 or 4 places higher up the league each season. That's hardly an impossible dream and if Ancelotti hadn't left for Real Madrid they may well have bridged that gap.
 
Semper aggressus said:
I’d laugh at Everton but I’m worried the PL will go after us even more determined to make up a punishment. We had better make sure we have a completely water-tight defence.

I still don’t understand though how Everton, or us, or Chelsea can be under such scrutiny when there’s a club with over £400m of actual debt yet it’s immune to criticism and continues to spend hundreds of millions a year on new players. Can anyone explain to me why that’s considered ok?

If debt is ok, why couldn’t Everton just borrow say £250m to pay off the deficits that they’re being punished for? Then they could argue they’re only in debt not making a loss, which evidence from a certain club in red suggests is ok.

I genuinely don’t understand.
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Back to the beginning of FFP and Platini worried about huge debts at certain clubs and the unfairness (sic) of playing in uefa competitions while carrying those eye-watering debts.
To be fair to him, he genuinely didn’t understand it either and to this day nor do we.
 
Xhavenjoe said:
If you lose a £10 note today or tomorrow, its still £10 lost.
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If we’d been deducted 10 points at the end of last season, we’d have finished second by 5 points. If we’d been deducted 10 points last November, and the season had played out a similar way, do you think we’d have lost to Brighton and Brentford?
 
MillionMilesAway said:
BBC article:
Premier League clubs are permitted to lose £105m over a three-year period and Everton admitted to being in breach of the profit and sustainability rules (PSR) for the period ending 2021-22.
Following a five-day hearing in October, the commission found in favour of the Premier League that Everton's losses during that period amounted to £124.5m.

From that, I think it's the difference between the total losses listed being £372m, and the loss after allowable discounts are offered (e.g. having no matchday income for a long time).

The commission seem to think that the club assumed they would finish about 10 places higher in one season, and that cost them c. 20m.
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As I've just posted they might well have achieved that if Ancelotti had stayed. A 10 point deduction for that is ridiculous IMO.
 
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