United Thread - 2023/24

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feedmpenzaandhewillscore said:
Under new owner rules could Scruffy Jim still invest on the playing side of things and not be taken into account for the next 3 years FFP monitoring period? Probably why the Glazers needed him if so.
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His experience at Nice might have PL clubs praying that his "investment" is used in this way!
 
feedmpenzaandhewillscore said:
This is how bad it has become that the game isn’t just now played on a pitch, it’s played in front of independent panels to see who wins. The Premier League and Uefa opened up Pandora’s box when they implemented Gill and Parry's FFP, they are killing their product in ways they have not thought of when they dreamt this stupid idea up.
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sorted for you. missed the authors names out
 
ancoats said:
Mate it happens, believe me, Also Villa are not going to win the title because 1 or 2 are better and know what it takes to win the title from here, Leicester City's fairytale season was because of City was in transition and poor and the rest was not much better
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Explain what you mean by "it happens, believe me". Do you know about this happening before? Don't give some wishy washy answer where you say "it must". You're stating right there and then that "it happens" i.e. teams who have agreed to lose matches when asked to.

Come on, give us an example...
 
BerkshireBlue said:
yeah but how much do the Glazers spend on infrastructure/development. Covid could be a life saver but it didn't help Everton's cause as I think it's the previous year's accounts anyway
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I remember reading an Athletic article a while ago that said they could have a Covid allowance of 95 million still this year for 2020/21 (although it is hard to judge) and deductible costs are estimated around 50 million over a three year period. So, if your numbers are good, and I have no reason to believe they aren't, then 160 million losses over three years less 95 million less 50 million brings them down to 15 million which, strangely enough is the magic figure.

Why? Because 15 million is the maximum allowable losses over a three year period. This can only be extended to 105 million if it is supported by 90 million of equity investment. As we know, the Glazers don't put anything in, bless them, so the maximum allowed loss over 3 years is 15 million. So they just may be OK for last year. I am sure the PL will help them out.

They may have a small problem with UEFA (because their profitability rules are a little stricter), but chances are they won't qualify for Europe anyway. Actually, if they exceed the PL's 15 million, but not the 105 million, there is no points sanction apparently. Just some restrictions on recruitment and squad size.

Next year, however, they are fucked. They lose the Covid allowance but still have two years of significant losses, so unless they make profits over 100 million in 2022/23 (which they won't) they are buggered for PL and UEFA, I think.

Shame.

I tried to keep this as short as I could. Sorry if it makes everyone fall asleep.
 
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halfcenturyup said:
I remember reading an Athletic article a while ago that said they could have a Covid allowance of 95 million still this year for 2020/21 (although it is hard to judge) and deductible costs are estimated around 50 million over a three year period. So, if your numbers are good, and I have no reason to believe they aren't, then 160 million losses over three years less 95 million less 50 million brings them down to 15 million which, strangely enough is the magic figure.

Why? Because 15 million is the maximum allowable losses over a three year period. This can only be extended to 105 million if it is supported by 90 million of equity investment. As we know, the Glazers don't put anything in, bless them, so the maximum allowed loss over 3 years is 15 million. So they just may be OK for last year. I am sure the PL will help them out.

They may have a small problem with UEFA (because their profitability rules are a little stricter), but chances are they won't qualify for Europe anyway. Actually, if they exceed the PL's 15 million, but not the 105 million, there is no points sanction apparently. Just some restrictions on recruitment and squad size.

Next year, however, they are fucked. They lose the Covid allowance but still have two years of significant losses, so unless they make profits over 100 million (which they won't) they are buggered for PL and UEFA, I think.

Shame.

I tried to keep this as short as I could. Sorry if it makes everyone fall asleep.
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don't put any faith in my numbers unfortunately. I think it might be wishful thinking. They must be pretty close the 105 number though
 
halfcenturyup said:
I remember reading an Athletic article a while ago that said they could have a Covid allowance of 95 million still this year for 2020/21 (although it is hard to judge) and deductible costs are estimated around 50 million over a three year period. So, if your numbers are good, and I have no reason to believe they aren't, then 160 million losses over three years less 95 million less 50 million brings them down to 15 million which, strangely enough is the magic figure.

Why? Because 15 million is the maximum allowable losses over a three year period. This can only be extended to 105 million if it is supported by 90 million of equity investment. As we know, the Glazers don't put anything in, bless them, so the maximum allowed loss over 3 years is 15 million. So they just may be OK for last year. I am sure the PL will help them out.

They may have a small problem with UEFA (because their profitability rules are a little stricter), but chances are they won't qualify for Europe anyway. Actually, if they exceed the PL's 15 million, but not the 105 million, there is no points sanction apparently. Just some restrictions on recruitment and squad size.

Next year, however, they are fucked. They lose the Covid allowance but still have two years of significant losses, so unless they make profits over 100 million (which they won't) they are buggered for PL and UEFA, I think.

Shame.

I tried to keep this as short as I could. Sorry if it makes everyone fall asleep.
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looking good to me then
 
BerkshireBlue said:
yeah but how much do the Glazers spend on infrastructure/development. Covid could be a life saver but it didn't help Everton's cause as I think it's the previous year's accounts anyway
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I think that you'll find the rags dug a hole in Gorse Hill Park as part of a new ground they are planning. That alone cost 50 million plus the hire of the dippers JCB. All told thats 80 mill and will prevent them failing FFP.
 
BerkshireBlue said:
don't put any faith in my numbers unfortunately. I think it might be wishful thinking. They must be pretty close the 105 number though
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I Read it as they had failed by £10 million.
And they have to come up with a defence within two weeks.

Anyway…. I’ve gone with the masses and decided guilty until proven innocent.
 
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