Everton FFP

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RVclaret
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Everton FFP

Post by RVclaret » Fri Mar 24, 2023 4:33 pm

John Percy just tweeted

‘Premier League refer Everton to an independent commission over alleged breach of Profitability & Sustainability rules (FFP) for period ending with the 2021/22 season‘

Were we right after all? :)

(Nothing will probably come of it)

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Re: Everton FFP

Post by Goody1975 » Fri Mar 24, 2023 4:35 pm

It won't, they can't wait to see Bramley Dock in the Premier League, it enhances the 'brand'

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Re: Everton FFP

Post by Culmclaret » Fri Mar 24, 2023 4:37 pm

Oh dear. Hope that doesn’t mean that we are un relegated and un promoted

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Re: Everton FFP

Post by RVclaret » Fri Mar 24, 2023 4:40 pm


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Re: Everton FFP

Post by Goody1975 » Fri Mar 24, 2023 4:44 pm

Fine them, give the money to us and we'll use the cash to put towards buying our loan players.

Oh and if they stay up give them a points deduction starting from Aug 2023.

Case closed.

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Re: Everton FFP

Post by RickyBobby » Fri Mar 24, 2023 4:53 pm

If found “guilty” at worst they will get a fine (which is the most stupid punishment for FFP) and possibly a transfer embargo.

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Re: Everton FFP

Post by Buxtonclaret » Fri Mar 24, 2023 4:58 pm

Can't we sue them for loss of earnings ? :mrgreen:

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Re: Everton FFP

Post by Carwin261 » Fri Mar 24, 2023 4:59 pm

Surely our board have enough high fliers to sue the pants off them.

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Re: Everton FFP

Post by roperclaret » Fri Mar 24, 2023 5:24 pm

I think they already paid us off with the McNeill transfer fee!! :twisted:

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Re: Everton FFP

Post by Guppyspotter » Fri Mar 24, 2023 5:39 pm

Can't wait for our Sean to give evidence on behalf of Burnley against his current employer.
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Re: Everton FFP

Post by Boss Hogg » Fri Mar 24, 2023 5:44 pm

FFP is a joke. Cheating seems to pay in this game.

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Re: Everton FFP

Post by randomclaret2 » Fri Mar 24, 2023 5:46 pm

Bury and Wigan get punished for financial shenanigans, Everton and Man City don't ...
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Re: Everton FFP

Post by NewClaret » Fri Mar 24, 2023 6:11 pm

Buxtonclaret wrote:
Fri Mar 24, 2023 4:58 pm
Can't we sue them for loss of earnings ? :mrgreen:
Was our case against them based on their 20/21 accounts? I think we asked them to go to the independent commission? So in effect I think that what the PL are doing is taking the action we requested but off a different set of accounts.

If the offences were conducted in the year we were relegated, I assume we’d have a claim? And the Independent Commission would likely unveil some stuff that would shine a light on previous years accounts, that may open up a claim against the PL for not taking the action sooner/when we requested.

It would be a big claim I’d have thought… Loss of TV money plus there will be a solid argument that we had to have a fire sale and accept fees below market value. Could amount to a lot so I’m sure our lawyers are looking in to it, unless we agreed to settle as part of the McNeil transfer.

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Re: Everton FFP

Post by Paul Waine » Fri Mar 24, 2023 6:29 pm

Buxtonclaret wrote:
Fri Mar 24, 2023 4:58 pm
Can't we sue them for loss of earnings ? :mrgreen:
Do you think Burnley can get Everton to pay Sean Dyche's wage?

Tradition for this board is that someone then says "Oh, hang on..."

UTC
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Re: Everton FFP

Post by Goalposts » Fri Mar 24, 2023 6:44 pm

Swiss ramble has done an interesting piece on it and suggests their is a case to answer
https://twitter.com/bob_helpful/status/ ... iKcfGyjiMA

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Re: Everton FFP

Post by scouseclaret » Fri Mar 24, 2023 6:48 pm

From BBC Sport:

“In March 2022, Everton announced losses of £120.9m for the 2020-21 season. That meant losses over a period of three years totalled £372m - more than three times the £105m permitted under Premier League rules.”

I think if the EPL find them guilty this season they’ll have pretty tricky case to answer as to why they let them off last season .

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Re: Everton FFP

Post by NRC » Fri Mar 24, 2023 7:01 pm

didn't the sale of Richarlison get forced through in order to have us and Leeds drop our case against them? Didn't we accept a lump sum from that in lieu?

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Re: Everton FFP

Post by tiger76 » Fri Mar 24, 2023 9:39 pm

Well well looks like Everton might have a case to answer after all, be interesting what action if any the PL take if they find Everton guilty of wrong doing.

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Re: Everton FFP

Post by NewClaret » Fri Mar 24, 2023 9:43 pm

NRC wrote:
Fri Mar 24, 2023 7:01 pm
didn't the sale of Richarlison get forced through in order to have us and Leeds drop our case against them? Didn't we accept a lump sum from that in lieu?
Don’t think we received anything from that sale. Certainly wasn’t reported.

More to the point, he should’ve been charged for his flare throwing and missed games during the season. PL lax there as well as scrutinising their accounts.

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Re: Everton FFP

Post by GodIsADeeJay81 » Fri Mar 24, 2023 9:56 pm

NRC wrote:
Fri Mar 24, 2023 7:01 pm
didn't the sale of Richarlison get forced through in order to have us and Leeds drop our case against them? Didn't we accept a lump sum from that in lieu?
I thought the sale was to help them "balance" the books and scrape under the ffp limit?

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Re: Everton FFP

Post by LeadBelly » Fri Mar 24, 2023 10:16 pm

D Telegraph is covering this today also - under the heading "What did £700m buy Everton? A Premier League charge and another relegation battle" https://www.telegraph.co.uk/football/20 ... elegation/

Couple of quotes from the article:

"Moshiri has been acting like a gambler chasing his losses since his first transfer splurges resulted in a failure which at first could have been described as appalling but may come to be more accurately described as catastrophic."

"The club has been handing out extravagant contracts to underperforming players, and had to pay off six sacked managers during Moshiri's tenure .... He also spent a fortune recruiting Carlo Ancelotti, who later left for Real Madrid, and backed him with some extraordinary deals for the likes of James Rodriguez who was paid £250,000 a week at a time when Everton were already in serious danger of being sanctioned."

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Re: Everton FFP

Post by Jakubclaret » Fri Mar 24, 2023 10:17 pm

GodIsADeeJay81 wrote:
Fri Mar 24, 2023 9:56 pm
I thought the sale was to help them "balance" the books and scrape under the ffp limit?
For all intent & purposes he's got a point it was full throttle ahead he ended up going & at that point it seemed to satisfy the PL at that moment in time, Leeds & us were in full cry about the injustice of it all & as soon as Leeds got the results against Bournemouth they couldn't be arsed pursuing it leaving us with a possible case, whether we couldn't afford to mount a legal challenge or whether there was no sense in doing so it all died down until now it seems to be resurrecting itself again.

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Re: Everton FFP

Post by Jakubclaret » Fri Mar 24, 2023 10:19 pm

NRC wrote:
Fri Mar 24, 2023 7:01 pm
didn't the sale of Richarlison get forced through in order to have us and Leeds drop our case against them? Didn't we accept a lump sum from that in lieu?
2 things opposed mounting a legal challenge the sale of richarlison & Leeds ensuring survival barring them 2 things it was game on.

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Re: Everton FFP

Post by Jakubclaret » Fri Mar 24, 2023 10:25 pm

Meant Brentford can't edit.

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Re: Everton FFP

Post by CrosspoolClarets » Sat Mar 25, 2023 12:15 am

Surprised this story hasn’t had more traction on here today.

As some of us said at the time our relegation was dodgy as heck, the Richarlison favouritism on one hand which was very visible to us, and albeit more invisible the suspicion over the finances possibly breaking the rules, not just by a bit but by a long way. Just suspicion as far as we are concerned, but the PL have obviously seen the detail we have not and think it worthy of referring to an independent commission.

I’d be very surprised if our club aren’t all over this. We as fans wouldn’t now trade this season for a season of survival in the PL, but I bet the owners would have, in a purely financial sense. If (big if) there is any proven rule breaking I bet a case could be put together for at least an 8 figure sum, and maybe 9.

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Re: Everton FFP

Post by Damo » Sat Mar 25, 2023 1:29 am

NRC wrote:
Fri Mar 24, 2023 7:01 pm
didn't the sale of Richarlison get forced through in order to have us and Leeds drop our case against them? Didn't we accept a lump sum from that in lieu?
I'm not sure that happened.
Would be a strange way for a corporate outfit to do their business and even stranger if the EPL ratified it as an appropriate sanction

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Re: Everton FFP

Post by Vegas Claret » Sat Mar 25, 2023 1:32 am

I'm looking forward to us spending 300 million in the summer (joke!)

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Re: Everton FFP

Post by NewClaret » Sat Mar 25, 2023 8:41 am

CrosspoolClarets wrote:
Sat Mar 25, 2023 12:15 am
Surprised this story hasn’t had more traction on here today.

As some of us said at the time our relegation was dodgy as heck, the Richarlison favouritism on one hand which was very visible to us, and albeit more invisible the suspicion over the finances possibly breaking the rules, not just by a bit but by a long way. Just suspicion as far as we are concerned, but the PL have obviously seen the detail we have not and think it worthy of referring to an independent commission.

I’d be very surprised if our club aren’t all over this. We as fans wouldn’t now trade this season for a season of survival in the PL, but I bet the owners would have, in a purely financial sense. If (big if) there is any proven rule breaking I bet a case could be put together for at least an 8 figure sum, and maybe 9.
Also shocked at the lack of discussion, Crosspool. I imagine it would be getting a lot more traction had we not had a lot of fun this year, were not top of the league and looking good to go straight back up.

The Richarlson situation was arguably more shocking for me, a complete disgrace. The PL had decided who they wanted to keep in the league. I’m sure more will come out about that one day.

I can’t possibly see how EFC can win a case their accounting didn’t breach financial regulations, so we probably have a claim against them and/or the PL for not acting sooner. It’ll definitely be a big 8 finite number in terms of losses, plus interest.

I’m not sure being in legal dispute with the league you want to be in, or one of your competitors, is a great look though so I’m hoping there’s some discussions ongoing behind the scenes to settle.

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Re: Everton FFP

Post by RVclaret » Sat Mar 25, 2023 9:02 am

I think it’s quite interesting that the PL have suddenly woke up and appear to be ‘trying’ to show they can regulate themselves… almost like there is a threat of independent regulation.

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Re: Everton FFP

Post by gandhisflipflop » Sat Mar 25, 2023 10:40 am

RVclaret wrote:
Sat Mar 25, 2023 9:02 am
I think it’s quite interesting that the PL have suddenly woke up and appear to be ‘trying’ to show they can regulate themselves… almost like there is a threat of independent regulation.
Nail on the head. They sold Richarlison, PL tried to brush it under the carpet but with the impending independent regulator, they want to be seen to be doing something about it. The club could be due some significant compensation here I think.

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Re: Everton FFP

Post by bfcjg » Sat Mar 25, 2023 11:07 am

The Premier league bent over backwards to help as they called them at the time " a founder member " of the Premier league, ditto the Richarlison flare incident I think the phrase was waiting for more evidence or similar before action was taken, live TV, cctv ,mobile images on YouTube etc but the blinkered officials still required clarity. Ok, we are involved as it cost us,however, I'd be as concerned if it hadn't affected us, cheating and corruption should always be called out.
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Re: Everton FFP

Post by Lancasterclaret » Sat Mar 25, 2023 11:33 am

CrosspoolClarets wrote:
Sat Mar 25, 2023 12:15 am
Surprised this story hasn’t had more traction on here today.

As some of us said at the time our relegation was dodgy as heck, the Richarlison favouritism on one hand which was very visible to us, and albeit more invisible the suspicion over the finances possibly breaking the rules, not just by a bit but by a long way. Just suspicion as far as we are concerned, but the PL have obviously seen the detail we have not and think it worthy of referring to an independent commission.

I’d be very surprised if our club aren’t all over this. We as fans wouldn’t now trade this season for a season of survival in the PL, but I bet the owners would have, in a purely financial sense. If (big if) there is any proven rule breaking I bet a case could be put together for at least an 8 figure sum, and maybe 9.
No point discussing it

We got relegated because we were the third worst team and threw our safety away in the last four games after almost making ourselves safe after a dreadful season

We might well get some money out of this, but not till its been proved (or disproved)

Something to be aware of, but that is about it

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Re: Everton FFP

Post by Sproggy » Sat Mar 25, 2023 11:41 am

There's every point discussing it as we probably wouldn't we have been the 3rd worst team if we'd broken Premier League rules and spent an extra 300 million quid. Or more to the point, if Everton hadn't done.

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Re: Everton FFP

Post by Lancasterclaret » Sat Mar 25, 2023 11:52 am

Sproggy wrote:
Sat Mar 25, 2023 11:41 am
There's every point discussing it as we probably wouldn't we have been the 3rd worst team if we'd broken Premier League rules and spent an extra 300 million quid. Or more to the point, if Everton hadn't done.
Feel free Sproggy

The season won't be replayed, we will still have been relegated and Everton will still be in the premier league

If it turns out that Everton, then we probably will get some cash out of it (but with lawyers involved the timescale is going to be years one would think)

I'll await some more concrete info about timescales and punishments before I get too excited

If it helps, Everton COVID claims looked well dodgy at the time (but you also have to remember they had to write off any value for Sigurdsson) but I guess we will see

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Re: Everton FFP

Post by claret wizard » Sat Mar 25, 2023 11:54 am

Sproggy wrote:
Sat Mar 25, 2023 11:41 am
There's every point discussing it as we probably wouldn't we have been the 3rd worst team if we'd broken Premier League rules and spent an extra 300 million quid. Or more to the point, if Everton hadn't done.
and if Everton hadn’t been ignoring the financial rules in place would they have been able to turn Tarks head from resigning with us by offering him mega money and picking up our home grown best midfielder on the cheap in the summer by signing McNeill in our relegation caused fire sale.

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Re: Everton FFP

Post by Lancasterclaret » Sat Mar 25, 2023 12:26 pm


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Re: Everton FFP

Post by Sproggy » Sat Mar 25, 2023 12:47 pm

Lancasterclaret wrote:
Sat Mar 25, 2023 11:52 am
Feel free Sproggy

The season won't be replayed, we will still have been relegated and Everton will still be in the premier league

If it turns out that Everton, then we probably will get some cash out of it (but with lawyers involved the timescale is going to be years one would think)

I'll await some more concrete info about timescales and punishments before I get too excited

If it helps, Everton COVID claims looked well dodgy at the time (but you also have to remember they had to write off any value for Sigurdsson) but I guess we will see
All good points worthy of discussion! See, you can if you try...

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Re: Everton FFP

Post by Lancasterclaret » Sat Mar 25, 2023 1:00 pm

Sproggy wrote:
Sat Mar 25, 2023 12:47 pm
All good points worthy of discussion! See, you can if you try...
I suppose so!
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Re: Everton FFP

Post by GodIsADeeJay81 » Sat Mar 25, 2023 7:19 pm

Premier League questioned by top-flight clubs https://mol.im/a/11901997 via https://dailym.ai/android

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Re: Everton FFP

Post by NewClaret » Sat Mar 25, 2023 7:45 pm

GodIsADeeJay81 wrote:
Sat Mar 25, 2023 7:19 pm
Premier League questioned by top-flight clubs https://mol.im/a/11901997 via https://dailym.ai/android
Premier League are in a right pickle here, having publicly backed Everton and since likely realised they can no longer cover for them anymore.

Not sure who I’d like us to sue more - Everton for being financial cheats or the PL for being so impotent in upholding their own rules!

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Re: Everton FFP

Post by GodIsADeeJay81 » Sat Mar 25, 2023 7:47 pm

Probably not a good idea to sue the PL as we're about to rejoin it

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Re: Everton FFP

Post by bobinho » Sat Mar 25, 2023 7:56 pm

We'll sue no-one, we'll get no money from anyone and Everton will ride this out as will the PL.

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Re: Everton FFP

Post by NewClaret » Sat Mar 25, 2023 7:56 pm

GodIsADeeJay81 wrote:
Sat Mar 25, 2023 7:47 pm
Probably not a good idea to sue the PL as we're about to rejoin it
Probably not, but you have to assume they have a case to answer if they “reassured us everything was fine” instead of taking action against Everton.

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Re: Everton FFP

Post by RVclaret » Fri Mar 31, 2023 5:56 pm

Matt Hughes reporting that Everton are at risk of points deduction this season after PL tell rival clubs disciplinary hearing could be concluded in next two months. Six clubs have written to PL demanding transparency and an expedited process.

https://www.dailymail.co.uk/sport/footb ... EASON.html

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Re: Everton FFP

Post by ElectroClaret » Fri Mar 31, 2023 6:15 pm

Seems like common sense to conclude this business before the seasons end, any points deduction would probably see Everton screwed, depending on how many points they were docked.

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Re: Everton FFP

Post by claretandy » Fri Mar 31, 2023 6:20 pm

RVclaret wrote:
Fri Mar 31, 2023 5:56 pm
Matt Hughes reporting that Everton are at risk of points deduction this season after PL tell rival clubs disciplinary hearing could be concluded in next two months. Six clubs have written to PL demanding transparency and an expedited process.

https://www.dailymail.co.uk/sport/footb ... EASON.html
The same Matt Hughes who predicted Armageddon for us 🤔

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Re: Everton FFP

Post by Longsider » Fri Mar 31, 2023 6:38 pm

bobinho wrote:
Sat Mar 25, 2023 7:56 pm
We'll sue no-one, we'll get no money from anyone and Everton will ride this out as will the PL.
I think you are probably right. The only one that really disappoints me is "Everton will ride this one out"

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Re: Everton FFP

Post by GodIsADeeJay81 » Sat Apr 01, 2023 11:54 pm

Everton will need to pay £150m loan if they get relegated https://mol.im/a/11928657 via https://dailym.ai/android

That's going to cripple them if they get relegated....
Add in a huge wage bill with no relegation clauses and an immediate bounce back up would be a must.

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Re: Everton FFP

Post by andyh » Sun Apr 02, 2023 7:38 am

I find myself with similar emotions to Bolton after the Coyle saga. Historically I have a relative soft spot for the club but they screwed us so let karma take its course.

Them following Bolton into the 3rd tier would be fitting. And every misfortune leads to a feeling of schadenfreude.
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Re: Everton FFP

Post by Rick_Muller » Sun Apr 02, 2023 7:48 am

Massive MASSIVE club are Everton… ;) hope they drop like a stone. Can see them having wilderness years like Sheffield Wednesday if they go down

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