I agree with what you say about United generating its own revenue. And if we were spending money with our own money or the glazers money while still servicing the debt then that would be fine. But having to take out a credit facility for transfers means our revenue was no longer allowing us to do that and as we all know the glazers were not going to throw their own money in.
Everton deducted 10 points for PSR breach (reduced to 6) | Deducted further 2 points for second breach
- Thread starter SilentWitness
- Start date
No but Yes.
Look at the clubs that pushed for it the most. Real, Barca, United, Liverpool, Bayern.
Real are interesting. A club that marketed itself on the Galaticos project even before it had the revenue to justify such transfers in the early 00s.
United, even before the Glazers, you could understand because we’ve always been a self sustained club.
Shambolic from the FA. Setting a precedent for 115 FC to get away with murder once again.
The FA has absolutely nothing to do with this
Premier league my friend, but we get your point. Most of us anyway
Forest fell foul of FFP because they spent £250 million on 40 odd players in 12 months.
Also they should have accepted the lower offer for Johnson in order to meet the deadline.
I have zero sympathy for them.
Back on topic, it sounds like Everton are in major financial trouble.
If they go down I could see them going under.
If they go down I could see them going under.
When was the last big club to go under?
They might be in a right mess and go down, but they won't go to the wall.
At least if they go down Liverpool might have to actually play 38 games a season
The sad thing is, even if Everton go down, somehow Dyche will still be managing in the premier league next season
Oh yeah, that's a given. Going into the Champ could see us going full Bolton.
What’s going on with the take over now? Has it collapsed? Feels like it all hangs on that now.
Everton have always had a good conveyor belt for young talent. They need to start dumping the high earners and high worth players to start getting money in the door so if they do go down they can rely on developing youth. My grandad and my mum were Everton fans so I have a soft spot for them. I hope that they don’t go under financially.
Apparently getting closer all the time but reports regarding them basically fully funding the club now is a bit worrying.
That's what we have been doing for the past three years in regards to selling high wage earners. The problem with FFP though is that relying on developing youth doesn't work when you're fecked financially because you need to sell the youth players to get most profit into the clubs books.
That's why Gordon, Simms and Cannon were sold. Thats why Branthwaite will eventually go (not youth per say but bought young for a low fee).
Reminds me of Red Bull when their defence for going over the cost cap was that they spent too much on catering.
Do you have a breakdown of the salaries?
Just a breakdown if you're an Everton fan
More like City will have to. This is something that should be in that myths thread; Everton are always good for snatching a draw or two every season against us. Have a look how many points they've taken off City in the last 8 years, particularly the years we've been competing with them. In a world where we're still challenging (obviously not given after Klopp leaves) Everton falling down the leagues would be a net benefit.
On topic, I've not read the statement. How is it possible Everton are making such a loss when they're selling key players every year and signing mostly loan and whatever rubbish they can get for no money up front? Is the stadium that much of a millstone? And, no matter what happens this season, and before even thinking about the ownership, what the hell are they doing next year when they have to actually start paying for Beto and Chermiti and they have to actually sign wingers? And they'll no doubt need to sign someone to replace Branthwaite. They're screwed.
Pretty certain they'll sell Branthwaite for FFP so will be a few in based on what he's shown this season (although Tarkowski has been a big help for him).
Calvert Lewin will be offered to likes of Newcastle, Fulham, West Ham so that's maybe 15m although more based on his form three years ago than now.
Onana also will leave although given what they signed him for I don't think it would show a huge profit in FFP terms.
Basically they're stuffed next season even if they stay up and would be even worse to go down in Goodison's final season.
Michael Keane, Ben Godfrey and Mason Holgate (returning after two disastrous loans at Southampton and Sheffield United) all got bumper contracts in 20-21 period. All will still be there start of next season and likely one will have to start with Branthwaite gone.
Think those three take in excess of 200k + a week when you combine the three salaries. Keane was still on the fringes of his England squad when he got his new deal and Godfrey cost 25m from Norwich.
Surely two and a bit years in there must be some break clause in Dele Alli's deal as just a waste of time having him on their books now when he's barely played a serious match since 2021.
Keane or Holgate will go. Maybe both. We have already been trying to get rid. We will just do more Beto type deals where we pay little to nothing up front and of course loans.
And we'd have one less frothing rabid anti United outfit up in the Prem too.
Administration, fire sale of all their assets and they'll probably be stuck in the lower leagues after that?
Football generally is a joke financially, almost no teams actually make money.
Was surprised when Clearlake went for us saying it'll be NFL'd.
Maybe, in a few decades.
It's hardly in the spirit of good financial health to give away £15m for the sake of an artificial deadline though, is it.
Anyway, I've not been following the PSR cases that much as I find it interminably dull and nonsensical, but how have Everton got themselves into the position whether they might go under despite these rules? Weren't the rules intended to stop bankruptcies?
It's not surprising when players can earn £13m+ per year.
It's what clubs in Europe have been doing for years.
You can't have your cake and eat it, which is what some of these clubs want to do!
Yes, and Everton are paying the price for years of bad, desperate spending.
Not really desperate, just bad. We tried to compete with the big boys and got a lot of decisions horribly wrong.
Unless you pay up Holgate's deal a year early I struggle to see who will want him given his first loan at Southampton began with him playing in a 5-0 defeat at Sunderland and then swiftly being taken out of the team again. Then goes to Sheffield United and straight away gets sent off for an appalling tackle on Mitoma. See he started the Fulham game at the weekend but I struggle to think they'll want to sign him permanently.
Keane has totally lost all his confidence so he'd be a big risk for anyone. Dyche really had no choice but to take him out and put in Branthwaite after the 4-0 loss to us in August and that's been the one main success of your season.
People buy these players. It will happen. Even if we take a loss it's better sometimes to get them off the wage bill.
I see your point. I just think newly promoted clubs are put in a lose lose situation. On the one hand they want to stay in the prem, but history is against them. Then they see what typically works and that’s clubs spending.
When the original point deduction was announced Everton were doing pretty well and it felt that they could survive even with a 10 point deduction but now they are struggling with even 6 points deduction. I knew that they have had a bad run but didn’t realise that they haven’t won in the league since 16th December. Think they need probably 5-6 points to survive so one win will probably be enough to keep them up
I completely understand the need for clubs to spend but Forest signed over 40 players!
It's just greed, stupidity and a careless attitude towards signing players.
Fulham and Bournemouth were promoted at the same time as Forest and managed to stay up whilst complying with the rules.
I actually think Forest have got off incredibly lightly with only 4 points being taken off.
They'll beat Sheffield United and or Burnley.
The bigger worry for them is the takeover.
There’s not many in their squad they’d get a decent fee for.
Id imagine Pickford, Branthwaite, Onana and Garner would all get a decent fee for them.
Id imagine Pickford, Branthwaite, Onana and Garner would all get a decent fee for them.
Fair point.
They will appeal again and the FA will reduce it by 4 points again, meaning that Everton will be given two extra points.