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Post by rugbytoffee on Jan 19, 2024 14:14:04 GMT
It is all a big mess, can't understand how we can get charged for the same breach twice Interesting what will happen IF our appeal has some success.
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Post by Avinalaff on Jan 19, 2024 15:24:18 GMT
It may seem that whilst the precedent was wrong, it now will be followed through. Fear not. Whilst I have ALWAYS despised the "2nd" Cup competition, it served a purpose in our players FINALLY taking their bodies' health seriously enough to play well TWICE a week - every week. So we can have somewhat realistic hope of WINNING The F.A. Cup - AND survival 'til the new stadium is ready for Premier League football. I like a difficult challenge. I hope Dyche and all the players do too, for surviving a combined 20-point sanction in 2023-24 will earn respect from many who've knocked us, for unfortunate reasons and compelling ones too. A convincing win against Palace in the replay and a home 4th Round tie awaits. Let's start making the most of what we DO get... (And enjoy the ride...) We can't survive a 20 point deduction. The threat of a 2nd punishment is likely an attempt to get us to accept the first, but they need to behave themselves.
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Post by rugbytoffee on Jan 19, 2024 16:24:44 GMT
Everton could be on the brink of disaster, with administration on the horizon. That's according to one expert, who has delivered the verdict following news of Everton and Nottingham Forest's impending points deductions. The Toffees have already been deducted 10 points this season for failing to comply with the Premier League's Profit and Sustainability Rules (PSR). Now, Robert Wilson, football finance expert and professor of economics at Sheffield Business School, has told LuckyBlock.com that “the rug could be pulled out from underneath” Everton, with the Merseysiders falling into a spiral, should things continue. “If we assume that Everton's appeal fails, the previous points deduction sticks, and they receive another sanction for the latest breach, then Everton will be caught in a vicious cycle,” Wilson said. “Relegation from the Premier League will result in Everton's revenue being decreased, which will make it more difficult to recover from last year's losses. I think there's an increasing reality that the club might end up in administration, something that would be catastrophic for them.” On top of the money that the club have spent on transfers, Everton are set to move into a state-of-the-art new stadium, which Wilson says could be a defining factor in the club's future financial health. “Everton's stadium redevelopment is all based on ongoing financial sustainability,” Wilson continued. ”The rug could be pulled out from underneath them before they can achieve that! Everton did, however, have years and years of overspending and what I'd consider to be pretty ordinary financial management. That's now coming home to roost. “There's been a lot of discussion about the double jeopardy of Everton being charged twice for the same offence. That, however, isn't quite true, as 75 pe cent of the charge sheet refers to the previous season, which they've already been sanctioned for. That's why I think they may get away with this particular breach. “It'll be interesting to see what the value of the breach is when it's released. The original FFP breach from the 2019/20 to the 2021/22 season was £124.5 million, which was £20 million over the threshold. They won't be over that much for 22/23. “Two seasons were collapsed due to COVID, and you've also got this new PSR structure which requires the in-year reporting, which is what they've been burnt on this time around, along with Nottingham Forest.” www.fourfourtwo.com/
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Post by rugbytoffee on Jan 20, 2024 18:08:57 GMT
Former Everton chief Keith Wyness has insisted Premier League CEO Richard Masters must resign for his handling of clubs’ alleged financial breaches in the top flight.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – accused Masters of making the top English league a “laughing stock”.
Everton were handed a 10-point deduction earlier this season after being charged with breaching the Premier League’s Profitability and Sustainability (PSR) rules up to the 2021-22 campaign. Wyness told Football Insider: “I don’t think Masters is up for this job. He’s leading the Premier League down rabbit holes which are overly detailed.
“In the time when I was on the Premier League board, Richard Scudamore led the league.
“I can assure you, we’d have found ways around this without the mess we’re now involved in.
“This comes down to Masters’ experience, and I’m afraid to say I’m calling for his resignation “The handling of this is just making the Premier League, which is a great product worldwide, a laughing stock.
“His interpretation of the rules, and the way it has been handled politically, is wrong. It should’ve been handled, at the top, much better than this.”
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Post by evertontillidie on Jan 20, 2024 20:08:50 GMT
Scudamore was just as bent.
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