comment by Striketeam7 - There used to be a football club over there (U18109)
posted 11 minutes ago
The thing about Everton’s new stadium is that it is likely to generate about a third of what Spurs make on our new stadium. It’s not going to magic away Everton’s financial issues overnight. Their ticket prices won’t be as high, they will not generate additional revenue streams from the ground even close to the way Spurs have, and the interest on the stadium debt is far in excess of what Spurs are paying. It’s biggest use for them financially is likely to be the depreciation they can apply to the accounts.
----------------------------------------------------------------------
What's any of this got to do with 'fair play' exactly?
You try to expand and it doesn't pay off, so your club runs into financial difficulties. What exactly does that cheat any other club out of?
comment by Old_Evertonian (U23158)
posted 26 minutes ago
comment by rooney_hernandez (U7012)
posted 18 minutes ago
f you truly want to build a new stadium and have the capital to do, go ahead, but don’t leverage the club as collateral for debt and put its cash-flow management and ultimately its status as a going concern into jeopardy in order to do so.
----------------------------------------------------------------------
how many new stadiums would get built if you couldn't debt finance them like this?
----------------------------------------------------------------------
Liverpool avoided FFP sanctions by claiming £50m+ for a stadium that was never built
Spurs and other of the top clubs avoid FFP by taking a monopolistic slice of TV revenue
Then you get fans on here calling it cheating when a club tries to better itself, and facks itself over in the process
It's ridiculous
comment by rooney_hernandez (U7012)
posted 1 hour, 7 minutes ago
comment by Devonshirespur (U6316)
posted 1 hour, 57 minutes ago
comment by rooney_hernandez (U7012)
posted 32 minutes ago
Admittedly not read up on the specific case, but I am a chartered accountant.
My rationale would be: what is interest levied upon? Interest is levied on debt, therefore, if you’re incurring interest on infrastructure expenditure, it means it has been funded - at least partly - via debt.
The rules are in place to promote financial health for clubs, whilst leveraging a significant amount of debt on the club is contrary to that, therefore, including the interest in the PSR calculation makes sense as both a deterrent and a more accurate depiction of financial health.
Had the owners simply put the money in for the stadium up front, there wouldn’t be any interest incurred, so we wouldn’t be having this conversation.
----------------------------------------------------------------------
But that debt is enabling much greater revenues, revenues that will comfortable exceed the cost of servicing that debt, so it does represent sustainable growth rather than high risk such as spending £500m on footballers who turn out to be duds and almost get you relegated.
Spurs are the perfect example. Matchday revenue gone from about £45m to £120m and big new commercial revenues off the back of the multi-use of the stadium
----------------------------------------------------------------------
It’s not as clear cut as that. The debt COULD generate greater revenues in future, just as a £100m signing COULD become a world beater and win the ECL for you; there are no guarantees either way.
In addition, the vast, vast majority of businesses fail as a result of a cash-flow issue, rather than a profitability issue (last I read it was something along the lines of 80% of failed businesses).
Gearing an entity up with debt has a direct and current impact on cash-flow management, which is why an investment institute will include metrics such as the liquidity ratio and acid test in their appraisal methodology.
From a fiscal perspective, I think it makes a lot of sense to include interest in the PSR calcs. The inclusion does not preclude owners from putting money in for a new stadium, rather, it’s calling their bluff: if you truly want to build a new stadium and have the capital to do, go ahead, but don’t leverage the club as collateral for debt and put its cash-flow management and ultimately its status as a going concern into jeopardy in order to do so.
----------------------------------------------------------------------
Worth saying that interest on debt once the stadium is in use is included in PSR calculations.
Hope Everton get relegated.....pickford assault on VVD still needs dealing with.
comment by Old_Evertonian (U23158)
posted 59 minutes ago
Outside of football businesses take risks and leverage to expand all the time.
Sometimes market conditions change, unexpected things happen.
Why should a football club get deducted points for operating like any other business?
The ability to raise debt from a risk perspective is no different from any other business.
----------------------------------------------------------------------
The PL is a private club where all the rules have been agreed by all the members, Everton included!
If you don't like it, join another club
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
The PL is a private club where all the rules have been agreed by all the members, Everton included!
If you don't like it, join another club
----------------------------------------------------------------------
Indeed, the big clubs including ours created a situation where it became lucrative to invest huge sums of money into a club and turn it into a global commercial brand
Your owner was all a for a league where he got to sell more satellite dishes.
Your club created a game to stack the financial odds in its favour, bit hypocritical to call it cheating when others play that game.
Smacks of wanting other clubs to stick to some arbitrary FFP nonsense because you've won fack all. There's absolutely no other reason for you to give a toss about it.
comment by Old_Evertonian (U23158)
posted 39 minutes ago
Spurs and other of the top clubs avoid FFP by taking a monopolistic slice of TV revenue
Then you get fans on here calling it cheating when a club tries to better itself, and facks itself over in the process
It's ridiculous
----------------------------------------------------------------------
Wow, so bitter!
Team that does better gets bigger prize money! It's hardly some sort of cosy monopoly.
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Wow, so bitter!
Team that does better gets bigger prize money! It's hardly some sort of cosy monopoly.
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
All this because City and Chelsea came along and beat you at a game that you stacked in your favour.
comment by Old_Evertonian (U23158)
posted 1 minute ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Wow, so bitter!
Team that does better gets bigger prize money! It's hardly some sort of cosy monopoly.
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
All this because City and Chelsea came along and beat you at a game that you stacked in your favour.
----------------------------------------------------------------------
That’s the crux of it
comment by Old_Evertonian (U23158)
posted 4 minutes ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
The PL is a private club where all the rules have been agreed by all the members, Everton included!
If you don't like it, join another club
----------------------------------------------------------------------
Indeed, the big clubs including ours created a situation where it became lucrative to invest huge sums of money into a club and turn it into a global commercial brand
Your owner was all a for a league where he got to sell more satellite dishes.
Your club created a game to stack the financial odds in its favour, bit hypocritical to call it cheating when others play that game.
Smacks of wanting other clubs to stick to some arbitrary FFP nonsense because you've won fack all. There's absolutely no other reason for you to give a toss about it.
----------------------------------------------------------------------
Dude, step in to the here and now!
The late 80s/early 90s may have started the ball rolling on football becoming big business, but it seems like you havent moved on with the times.,
This is why i point at our chairman and am grateful for him. We could be Everton, being my argument. Asleep at the wheel while even minnows like Brighton and West Ham leave them in their dust - new stadiums, coherent transfer strategies, balanced books
comment by Devonshirespur (U6316)
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
But I am. Hence it makes no sense for anyone to focus on FFP here when we've already been punished.
Just sour grapes from bitter spurs fans who enjoy kicking people when they're down.
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Dude, step in to the here and now!
The late 80s/early 90s may have started the ball rolling on football becoming big business, but it seems like you havent moved on with the times.,
This is why i point at our chairman and am grateful for him. We could be Everton, being my argument. Asleep at the wheel while even minnows like Brighton and West Ham leave them in their dust - new stadiums, coherent transfer strategies, balanced books
----------------------------------------------------------------------
We could drop to league two and we'll still have won more and and have more chance of winning things than Spurs.
comment by Old_Evertonian (U23158)
posted 1 minute ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Dude, step in to the here and now!
The late 80s/early 90s may have started the ball rolling on football becoming big business, but it seems like you havent moved on with the times.,
This is why i point at our chairman and am grateful for him. We could be Everton, being my argument. Asleep at the wheel while even minnows like Brighton and West Ham leave them in their dust - new stadiums, coherent transfer strategies, balanced books
----------------------------------------------------------------------
We could drop to league two and we'll still have won more and and have more chance of winning things than Spurs.
----------------------------------------------------------------------
You'll have the nicest stadium in league 2 but may have to open it up as a car boot sale value on sundays to make ends meet
comment by Old_Evertonian (U23158)
posted 7 minutes ago
comment by Devonshirespur (U6316)
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
But I am. Hence it makes no sense for anyone to focus on FFP here when we've already been punished.
Just sour grapes from bitter spurs fans who enjoy kicking people when they're down.
----------------------------------------------------------------------
You are down because you broke the rules, rules you signed up to.
I'm for rule breakers getting punished. Don't see why we should go easy because your owners have made such a shiiiit job of managing your club.
Absolute sheet show.
You have City getting away with it, Everton getting half a punishment and Forest possibly going down as a result.
It isn't that simple, but there should be a process in which all accounts are submitted and reviewed within a given period. We shouldn't be talking about charges against Man City 10 years later.
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
comment by Boris 'Inky’ Gibson (U5901)
posted 38 seconds ago
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
----------------------------------------------------------------------
Weren't some as recent as 2018? My understanding was the fine was in relation to failure to disclose their finances and the charges remain?
Do you seriously believe that of the 115 breaches, the club are guilty of 0?
comment by Busby (U19985)
posted 18 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 38 seconds ago
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
----------------------------------------------------------------------
Weren't some as recent as 2018? My understanding was the fine was in relation to failure to disclose their finances and the charges remain?
Do you seriously believe that of the 115 breaches, the club are guilty of 0?
----------------------------------------------------------------------
We’ve been charged and not had the judgment yet, we have previously been fined by Uefa, I think that was the point he was making - how can you say we’ve got away with anything at this stage?
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
You are down because you broke the rules, rules you signed up to.
I'm for rule breakers getting punished. Don't see why we should go easy because your owners have made such a shiiiit job of managing your club.
----------------------------------------------------------------------
Which is it then? We're down because of mismanagement or we're down because we broke the rules? You can't even decide on this.
It's obviously the former and the FFP thing is pretty meaningless and stupid. But obviously you're going to just use that as a stick to beat other clubs you're not as successful as.
*checks for devons articles about leicester and forest*
*tumbleweed*
comment by Old_Evertonian (U23158)
posted 33 minutes ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
You are down because you broke the rules, rules you signed up to.
I'm for rule breakers getting punished. Don't see why we should go easy because your owners have made such a shiiiit job of managing your club.
----------------------------------------------------------------------
Which is it then? We're down because of mismanagement or we're down because we broke the rules? You can't even decide on this.
It's obviously the former and the FFP thing is pretty meaningless and stupid. But obviously you're going to just use that as a stick to beat other clubs you're not as successful as.
----------------------------------------------------------------------
I dont need to decide. and I frankly dont care whether you broke the rules because you made a mess of transfers and had to spend more to try and dig your way out, or that you have just overspent trying to reach for the stars.
You know the rules, and a breach is a breach. Take ownership and the punishment like a man, not a whinger, whining about the rules which you signed up to.
The only sympathy i have with Everton is that they're the first to be caught out in a new regime of tighter regulation. It seems unfair but it will probably aid you long term, to get back to a more stable financial position and force you to approach your transfer dealings with more expertise.
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
I dont need to decide. and I frankly dont care whether you broke the rules because you made a mess of transfers and had to spend more to try and dig your way out, or that you have just overspent trying to reach for the stars.
You know the rules, and a breach is a breach. Take ownership and the punishment like a man, not a whinger, whining about the rules which you signed up to.
----------------------------------------------------------------------
What a silly argument. The FFP thing as I said is meaningless and stupid and hardly affects us at all, who cares about it except for a few bitter spurs fans on here.
comment by meltonblue (U10617)
posted 1 hour, 29 minutes ago
comment by Busby (U19985)
posted 18 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 38 seconds ago
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
----------------------------------------------------------------------
Weren't some as recent as 2018? My understanding was the fine was in relation to failure to disclose their finances and the charges remain?
Do you seriously believe that of the 115 breaches, the club are guilty of 0?
----------------------------------------------------------------------
We’ve been charged and not had the judgment yet, we have previously been fined by Uefa, I think that was the point he was making - how can you say we’ve got away with anything at this stage?
----------------------------------------------------------------------
What was the punishment for the 115 charges?
One of my favourites:
The opportunity for Manchester City's supporters was too good to pass up. Their team were on their way to a 4-0 win against Porto and the opposition had a striker going by the name of Hulk who was showing signs of frustration. "You're not incredible," the home fans sang.
Porto, however, have not seen the funny side. The Portuguese club are now preparing an official complaint in which they will ask Uefa to open disciplinary charges against the Premier League leaders – and they are denying it has anything to do with an apparent humour bypass.
Rui Cerqueira, the club's spokesman, said the matter would be reported on the grounds that City's supporters had acted in an improper way. Hulk had also been targeted with chants of "cheat" because of the Brazilian's tendency to look for free-kicks and Porto will claim he was the victim of unsporting behaviour that warrants an official investigation.
Sign in if you want to comment
Everton’s further points deduction
Page 3 of 4
posted on 9/4/24
comment by Striketeam7 - There used to be a football club over there (U18109)
posted 11 minutes ago
The thing about Everton’s new stadium is that it is likely to generate about a third of what Spurs make on our new stadium. It’s not going to magic away Everton’s financial issues overnight. Their ticket prices won’t be as high, they will not generate additional revenue streams from the ground even close to the way Spurs have, and the interest on the stadium debt is far in excess of what Spurs are paying. It’s biggest use for them financially is likely to be the depreciation they can apply to the accounts.
----------------------------------------------------------------------
What's any of this got to do with 'fair play' exactly?
You try to expand and it doesn't pay off, so your club runs into financial difficulties. What exactly does that cheat any other club out of?
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 26 minutes ago
comment by rooney_hernandez (U7012)
posted 18 minutes ago
f you truly want to build a new stadium and have the capital to do, go ahead, but don’t leverage the club as collateral for debt and put its cash-flow management and ultimately its status as a going concern into jeopardy in order to do so.
----------------------------------------------------------------------
how many new stadiums would get built if you couldn't debt finance them like this?
----------------------------------------------------------------------
Liverpool avoided FFP sanctions by claiming £50m+ for a stadium that was never built
posted on 9/4/24
Spurs and other of the top clubs avoid FFP by taking a monopolistic slice of TV revenue
Then you get fans on here calling it cheating when a club tries to better itself, and facks itself over in the process
It's ridiculous
posted on 9/4/24
comment by rooney_hernandez (U7012)
posted 1 hour, 7 minutes ago
comment by Devonshirespur (U6316)
posted 1 hour, 57 minutes ago
comment by rooney_hernandez (U7012)
posted 32 minutes ago
Admittedly not read up on the specific case, but I am a chartered accountant.
My rationale would be: what is interest levied upon? Interest is levied on debt, therefore, if you’re incurring interest on infrastructure expenditure, it means it has been funded - at least partly - via debt.
The rules are in place to promote financial health for clubs, whilst leveraging a significant amount of debt on the club is contrary to that, therefore, including the interest in the PSR calculation makes sense as both a deterrent and a more accurate depiction of financial health.
Had the owners simply put the money in for the stadium up front, there wouldn’t be any interest incurred, so we wouldn’t be having this conversation.
----------------------------------------------------------------------
But that debt is enabling much greater revenues, revenues that will comfortable exceed the cost of servicing that debt, so it does represent sustainable growth rather than high risk such as spending £500m on footballers who turn out to be duds and almost get you relegated.
Spurs are the perfect example. Matchday revenue gone from about £45m to £120m and big new commercial revenues off the back of the multi-use of the stadium
----------------------------------------------------------------------
It’s not as clear cut as that. The debt COULD generate greater revenues in future, just as a £100m signing COULD become a world beater and win the ECL for you; there are no guarantees either way.
In addition, the vast, vast majority of businesses fail as a result of a cash-flow issue, rather than a profitability issue (last I read it was something along the lines of 80% of failed businesses).
Gearing an entity up with debt has a direct and current impact on cash-flow management, which is why an investment institute will include metrics such as the liquidity ratio and acid test in their appraisal methodology.
From a fiscal perspective, I think it makes a lot of sense to include interest in the PSR calcs. The inclusion does not preclude owners from putting money in for a new stadium, rather, it’s calling their bluff: if you truly want to build a new stadium and have the capital to do, go ahead, but don’t leverage the club as collateral for debt and put its cash-flow management and ultimately its status as a going concern into jeopardy in order to do so.
----------------------------------------------------------------------
Worth saying that interest on debt once the stadium is in use is included in PSR calculations.
posted on 9/4/24
Hope Everton get relegated.....pickford assault on VVD still needs dealing with.
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 59 minutes ago
Outside of football businesses take risks and leverage to expand all the time.
Sometimes market conditions change, unexpected things happen.
Why should a football club get deducted points for operating like any other business?
The ability to raise debt from a risk perspective is no different from any other business.
----------------------------------------------------------------------
The PL is a private club where all the rules have been agreed by all the members, Everton included!
If you don't like it, join another club
posted on 9/4/24
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
The PL is a private club where all the rules have been agreed by all the members, Everton included!
If you don't like it, join another club
----------------------------------------------------------------------
Indeed, the big clubs including ours created a situation where it became lucrative to invest huge sums of money into a club and turn it into a global commercial brand
Your owner was all a for a league where he got to sell more satellite dishes.
Your club created a game to stack the financial odds in its favour, bit hypocritical to call it cheating when others play that game.
Smacks of wanting other clubs to stick to some arbitrary FFP nonsense because you've won fack all. There's absolutely no other reason for you to give a toss about it.
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 39 minutes ago
Spurs and other of the top clubs avoid FFP by taking a monopolistic slice of TV revenue
Then you get fans on here calling it cheating when a club tries to better itself, and facks itself over in the process
It's ridiculous
----------------------------------------------------------------------
Wow, so bitter!
Team that does better gets bigger prize money! It's hardly some sort of cosy monopoly.
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
posted on 9/4/24
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Wow, so bitter!
Team that does better gets bigger prize money! It's hardly some sort of cosy monopoly.
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
All this because City and Chelsea came along and beat you at a game that you stacked in your favour.
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 1 minute ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Wow, so bitter!
Team that does better gets bigger prize money! It's hardly some sort of cosy monopoly.
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
All this because City and Chelsea came along and beat you at a game that you stacked in your favour.
----------------------------------------------------------------------
That’s the crux of it
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 4 minutes ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
The PL is a private club where all the rules have been agreed by all the members, Everton included!
If you don't like it, join another club
----------------------------------------------------------------------
Indeed, the big clubs including ours created a situation where it became lucrative to invest huge sums of money into a club and turn it into a global commercial brand
Your owner was all a for a league where he got to sell more satellite dishes.
Your club created a game to stack the financial odds in its favour, bit hypocritical to call it cheating when others play that game.
Smacks of wanting other clubs to stick to some arbitrary FFP nonsense because you've won fack all. There's absolutely no other reason for you to give a toss about it.
----------------------------------------------------------------------
Dude, step in to the here and now!
The late 80s/early 90s may have started the ball rolling on football becoming big business, but it seems like you havent moved on with the times.,
This is why i point at our chairman and am grateful for him. We could be Everton, being my argument. Asleep at the wheel while even minnows like Brighton and West Ham leave them in their dust - new stadiums, coherent transfer strategies, balanced books
posted on 9/4/24
comment by Devonshirespur (U6316)
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
But I am. Hence it makes no sense for anyone to focus on FFP here when we've already been punished.
Just sour grapes from bitter spurs fans who enjoy kicking people when they're down.
posted on 9/4/24
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Dude, step in to the here and now!
The late 80s/early 90s may have started the ball rolling on football becoming big business, but it seems like you havent moved on with the times.,
This is why i point at our chairman and am grateful for him. We could be Everton, being my argument. Asleep at the wheel while even minnows like Brighton and West Ham leave them in their dust - new stadiums, coherent transfer strategies, balanced books
----------------------------------------------------------------------
We could drop to league two and we'll still have won more and and have more chance of winning things than Spurs.
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 1 minute ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
Dude, step in to the here and now!
The late 80s/early 90s may have started the ball rolling on football becoming big business, but it seems like you havent moved on with the times.,
This is why i point at our chairman and am grateful for him. We could be Everton, being my argument. Asleep at the wheel while even minnows like Brighton and West Ham leave them in their dust - new stadiums, coherent transfer strategies, balanced books
----------------------------------------------------------------------
We could drop to league two and we'll still have won more and and have more chance of winning things than Spurs.
----------------------------------------------------------------------
You'll have the nicest stadium in league 2 but may have to open it up as a car boot sale value on sundays to make ends meet
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 7 minutes ago
comment by Devonshirespur (U6316)
You want to focus on the utter mismanagement of your club by the current owners, wasting 100s of millions of pounds on dross and poor managerial appointments.
That's why you have gone down while contemporaries like Villa and Newcastle have gone the other direction.
Classic scouse griping at the establishment and ignoring the obvious failings right in from of them
----------------------------------------------------------------------
But I am. Hence it makes no sense for anyone to focus on FFP here when we've already been punished.
Just sour grapes from bitter spurs fans who enjoy kicking people when they're down.
----------------------------------------------------------------------
You are down because you broke the rules, rules you signed up to.
I'm for rule breakers getting punished. Don't see why we should go easy because your owners have made such a shiiiit job of managing your club.
posted on 9/4/24
Absolute sheet show.
You have City getting away with it, Everton getting half a punishment and Forest possibly going down as a result.
It isn't that simple, but there should be a process in which all accounts are submitted and reviewed within a given period. We shouldn't be talking about charges against Man City 10 years later.
posted on 9/4/24
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
posted on 9/4/24
comment by Boris 'Inky’ Gibson (U5901)
posted 38 seconds ago
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
----------------------------------------------------------------------
Weren't some as recent as 2018? My understanding was the fine was in relation to failure to disclose their finances and the charges remain?
Do you seriously believe that of the 115 breaches, the club are guilty of 0?
posted on 9/4/24
comment by Busby (U19985)
posted 18 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 38 seconds ago
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
----------------------------------------------------------------------
Weren't some as recent as 2018? My understanding was the fine was in relation to failure to disclose their finances and the charges remain?
Do you seriously believe that of the 115 breaches, the club are guilty of 0?
----------------------------------------------------------------------
We’ve been charged and not had the judgment yet, we have previously been fined by Uefa, I think that was the point he was making - how can you say we’ve got away with anything at this stage?
posted on 9/4/24
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
You are down because you broke the rules, rules you signed up to.
I'm for rule breakers getting punished. Don't see why we should go easy because your owners have made such a shiiiit job of managing your club.
----------------------------------------------------------------------
Which is it then? We're down because of mismanagement or we're down because we broke the rules? You can't even decide on this.
It's obviously the former and the FFP thing is pretty meaningless and stupid. But obviously you're going to just use that as a stick to beat other clubs you're not as successful as.
posted on 9/4/24
*checks for devons articles about leicester and forest*
*tumbleweed*
posted on 9/4/24
comment by Old_Evertonian (U23158)
posted 33 minutes ago
comment by Devonshirespur (U6316)
----------------------------------------------------------------------
You are down because you broke the rules, rules you signed up to.
I'm for rule breakers getting punished. Don't see why we should go easy because your owners have made such a shiiiit job of managing your club.
----------------------------------------------------------------------
Which is it then? We're down because of mismanagement or we're down because we broke the rules? You can't even decide on this.
It's obviously the former and the FFP thing is pretty meaningless and stupid. But obviously you're going to just use that as a stick to beat other clubs you're not as successful as.
----------------------------------------------------------------------
I dont need to decide. and I frankly dont care whether you broke the rules because you made a mess of transfers and had to spend more to try and dig your way out, or that you have just overspent trying to reach for the stars.
You know the rules, and a breach is a breach. Take ownership and the punishment like a man, not a whinger, whining about the rules which you signed up to.
The only sympathy i have with Everton is that they're the first to be caught out in a new regime of tighter regulation. It seems unfair but it will probably aid you long term, to get back to a more stable financial position and force you to approach your transfer dealings with more expertise.
posted on 9/4/24
comment by Devonshirespur (U6316)
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I dont need to decide. and I frankly dont care whether you broke the rules because you made a mess of transfers and had to spend more to try and dig your way out, or that you have just overspent trying to reach for the stars.
You know the rules, and a breach is a breach. Take ownership and the punishment like a man, not a whinger, whining about the rules which you signed up to.
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What a silly argument. The FFP thing as I said is meaningless and stupid and hardly affects us at all, who cares about it except for a few bitter spurs fans on here.
posted on 9/4/24
comment by meltonblue (U10617)
posted 1 hour, 29 minutes ago
comment by Busby (U19985)
posted 18 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 38 seconds ago
City haven’t got away with anything, they’ve been fined in the despite the rules being changed AFTER the accounts being submitted
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Weren't some as recent as 2018? My understanding was the fine was in relation to failure to disclose their finances and the charges remain?
Do you seriously believe that of the 115 breaches, the club are guilty of 0?
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We’ve been charged and not had the judgment yet, we have previously been fined by Uefa, I think that was the point he was making - how can you say we’ve got away with anything at this stage?
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What was the punishment for the 115 charges?
posted on 9/4/24
One of my favourites:
The opportunity for Manchester City's supporters was too good to pass up. Their team were on their way to a 4-0 win against Porto and the opposition had a striker going by the name of Hulk who was showing signs of frustration. "You're not incredible," the home fans sang.
Porto, however, have not seen the funny side. The Portuguese club are now preparing an official complaint in which they will ask Uefa to open disciplinary charges against the Premier League leaders – and they are denying it has anything to do with an apparent humour bypass.
Rui Cerqueira, the club's spokesman, said the matter would be reported on the grounds that City's supporters had acted in an improper way. Hulk had also been targeted with chants of "cheat" because of the Brazilian's tendency to look for free-kicks and Porto will claim he was the victim of unsporting behaviour that warrants an official investigation.
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