PL charge City for alleged breaches of financial rules

[blueste41]

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.

Because firstly they would have to have that loan agreed and need it to be secured against assets they probably don't have. Secondly, the repayment of the loan and the interest would be accountable in future FFP evaluations.
United are able to do it because despite the loans and the related interest because of their profit they are still able to pass FFP. If Everton put off posting losses due to a loan they would just post them in future accounts instead.

 

[lancs blue]

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⊙⁠)⁠_⁠/⁠¯

It's a disgraceful policy from the PL, not that we should be surprised, justice doesn't feature highly in their priorities.

 

[Phoenix900000]

All am hearing from everyone on media and online is "Punish City, Punish City, Punish City" etc

 

[Xhavenjoe]

Ten points deducted now is infinitely better than ten points deducted later without a doubt

If you lose a £10 note today or tomorrow, its still £10 lost.

 

[Bluearmy]

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.

Well they admitted it i think. So would naturally come to a quicker conclusion

 

[Dribble]

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.

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.

 

[Shirley]

Premier League Table - Football - BBC Sport

Find out which football teams are leading the pack or at the foot of the table in the Premier League on BBC Sport

www.bbc.com

 

[Moss Side's Finest]

Some tool is on sky saying that Pep will be off if City have lied to him…desperate aren’t they

That's exactly what they said last season, just before Pep's press conference where he said he loved the club, trusted the club, was going nowhere and then proceeded to win the league, Cup and CL.

 

[decmancity]

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.

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.

 

[ShaunMCFC]

Least Everton will have the best stadium in the championship