The £20m being bandied about is misleading. The profit and sustainability rules target is £0 lost. The £105m (or whatever it is) allowed loss is just that, it’s an allowed loss, like an overdraft on your back account. It is designed to give clubs wiggle room, not a target loss to achieve. So going over that is very serious.
Everton have acted like someone who sees that they are into their overdraft but jewel on spending when they should not. Now they are acting all surprised when the bank his them with a penalty.
Also some of the excuses Everton have given are laughable. The covid losses they posted DWARF all other clubs.
The amount of points given as a penalty can probably be argued bit the ‘only £20m over’ argument is completely fallacious.
No shit do the covid losses dwarf over every other club. We’re building a fucking stadium which they included in the accounting even though it gives no competitive advantage over other clubs. We have also seen half of the money being put into the club cut off with USM’s assets being frozen. We have made the most money out of transfer fees out of any other club in the League and now the League is changing the rules to turn it into a one year period instead of three.
It was an open secret that Everton were being financed by the Russian in an unsustainable fashion (if that was NOT the case, why were Everton unable to find alternative sponsors to a comparable level?).
The PS rules are there to ensure that clubs are sustainable in of themselves and not be reliant in external benefactors.
Dude, i’m a teacher. I get very, very bored with whataboutery because I hear it every day.
I don’t know the ins and outs of what Everton have done.
But I’m astonished that they have had this punishment, because I genuinely didn’t think Everton would ever be punished for anything they would ever do. There is this clear sense among your fans and especially the media that Everton are some kind of special case in all things. I’m surprised the Premier League haven’t subscribed to that too.
I guarentee that if my team have overspent and fall foul, we’ll get the same or worse and there won’t be endless articles about the “perceived injustice” of our punishment; relegation to the conference will be too good for us.
But still, I think you’ll stay up comfortably.
Most likely, you’ll harness this sense of injustice, galvanise and overcome the deduction quickly, then the PL will get cold feed, overturn the deduction anyway in the face of the backlash from the media and you’ll shoot up the table. It will be like a shot of adrenaline
4 points for 1 breach and the understanding of that being applied proportionately to other clubs who have made those breaches. What has actually happened is that an independent commission heavily linked to Leeds United deducted 10 points from us for a 19.5M overdraft and then the League saying punishments like ours will not be given to other clubs with the same breaches
“Perceived injustice”
Ok, so have Everton not done the things they have been punished for then?
Genuine question
Should spending £20m too much money get a worse punishment than a club writing off its entire debt and going into administration?
The £20m being bandied about is misleading. The profit and sustainability rules target is £0 lost. The £105m (or whatever it is) allowed loss is just that, it’s an allowed loss, like an overdraft on your back account. It is designed to give clubs wiggle room, not a target loss to achieve. So going over that is very serious.
Everton have acted like someone who sees that they are into their overdraft but jewel on spending when they should not. Now they are acting all surprised when the bank his them with a penalty.
Also some of the excuses Everton have given are laughable. The covid losses they posted DWARF all other clubs.
The amount of points given as a penalty can probably be argued bit the ‘only £20m over’ argument is completely fallacious.
No shit do the covid losses dwarf over every other club. We’re building a fucking stadium which they included in the accounting even though it gives no competitive advantage over other clubs. We have also seen half of the money being put into the club cut off with USM’s assets being frozen. We have made the most money out of transfer fees out of any other club in the League and now the League is changing the rules to turn it into a one year period instead of three.
It was an open secret that Everton were being financed by the Russian in an unsustainable fashion (if that was NOT the case, why were Everton unable to find alternative sponsors to a comparable level?).
The PS rules are there to ensure that clubs are sustainable in of themselves and not be reliant in external benefactors.
Dude, i’m a teacher. I get very, very bored with whataboutery because I hear it every day.
I don’t know the ins and outs of what Everton have done.
But I’m astonished that they have had this punishment, because I genuinely didn’t think Everton would ever be punished for anything they would ever do. There is this clear sense among your fans and especially the media that Everton are some kind of special case in all things. I’m surprised the Premier League haven’t subscribed to that too.
I guarentee that if my team have overspent and fall foul, we’ll get the same or worse and there won’t be endless articles about the “perceived injustice” of our punishment; relegation to the conference will be too good for us.
But still, I think you’ll stay up comfortably.
Most likely, you’ll harness this sense of injustice, galvanise and overcome the deduction quickly, then the PL will get cold feed, overturn the deduction anyway in the face of the backlash from the media and you’ll shoot up the table. It will be like a shot of adrenaline
That’s not the point. It’s a perceived injustice because of the weight of the punishment.
What do you think would have been fair?
4 points for 1 breach and the understanding of that being applied proportionately to other clubs who have made those breaches. What has actually happened is that an independent commission heavily linked to Leeds United deducted 10 points from us for a 19.5M overdraft and then the League saying punishments like ours will not be given to other clubs with the same breaches
You get 9 points for going into Administration soft arse. You do the math.