More problems incoming for Everton? Everton takeover thrown into fresh doubt as 777 asks for more time
At some point they’re going to have to go for a reset and have rules that are the same in all the European leagues. They can’t keep changing the rules and then have teams being punished with different sets in different seasons. As for the punishment why isn’t it graduated, 3 point deduction for every X million etc. Up to 9 points taken off in the current season anything points above this carried over to the next season regardless of which league they are in.
There's the loan repayment deadline on Monday which could put Everton in trouble, unless Moshiri digs into his pockets or they find another source of funding asap.
It's ridiculous how poorly run that club has been over the years, and those responsible are getting to hide behind fan anger about Premier League corruption and Andy Burnham. It's a travesty. The anger should be solely directed at those running the club, and risking its future.
Exactly, which is why points deductions aren't really fair on the supporters of the club. But conversely if the penalties are purely financial you can't actually punish city, Newcastle or PSG as they have almost literally unlimited amounts of cash.
Truthfully the most logical punishments for breaking spending rules should be sanctions on transfers and wages.
Premier League agree new financial fair play rules for next season TL : DR; Looks like* the current £105m 3 year limit will remain, and on top of that clubs will have a 85% turnover limit for the wage bill for the first team and its coaching staff, plus the amortised costs of their transfer fees and all agents’ fees. For clubs playing in Europe, that will drop to 70% in line with the uefa requirements. *Pending ratification by the clubs in June
That limit on wages is already going to take some doing for a few clubs. Leicester City (if promoted), Forest, Everton, Villa would all have to cut down or increase their revenue. Villa should be fine if they get into the CL. Wolves and Chelsea another two skating a bit too close.
Depends what that graph actually shows. A lot of the time I see our wage bill being reported on they use the full wage cost of all 600-some Brighton employees. The article however was more specific in saying it's only the coaching staff and first team players that count, in which case those numbers might be substantial overestimates for a lot of teams. But equally you also have to add in the transfer cost on top of those wages for the limit. I'm sure some accounting nerds will send out estimates of how screwed everyone is in a couple days
Yeah, I could have a check as I imagine Swiss Ramble specifies. The source is delloite so I imagine it is more than just the playing squad. Thing is, as I am reading the turnover thing is wages and other stuff too? So even if these are overestimates as they include the tea ladies pay then that might be made up for by the other costs that would be limited.
Yeah, same as uefa rules so it's apparently: "wage bill for the first team and its coaching staff, plus the amortised costs of their transfer fees and all agents’ fees" So equally clubs that look relatively safe could also be in trouble if they happen to have spent a huge amount on transfers recently *cough* Chelsea *cough*
Chelsea's amortised transfer fees alone this season would be approaching £100m. Fag packet maths and first team wages and those transfer fees alone would be approaching 50% of their revenue.
They're already at it: The second graph seems to be an over/under estimate based on the 85% limit, so anyone qualifying for Europe will be in a worse position than indicated due to the lower 70% limit
Put simply, Chelsea are ****ed. They'll have to sell a fair few players just to stand still. Yeah if Chelsea do get into Europa or Conference they'll be £152.9m over the limit for UEFA according to this guys estimates.
All the estimates also include assumed profit on player sales for the season. Chelsea's looks like it includes £61.6m worth of profit from player sales based on past seasons, so the real estimate is that they'll be ~£210m over the 70% limit before player sales, or ~£130m over the 85% limit. Same goes for brighton, Leeds, Leicester, man city, villa and Everton however, who all have a large (£50m or more) assumed profit on player sales included in their estimates
Rules seem sensible IMO, and not a hint of the ridiculous rumours people were losing their minds over a couple of weeks ago.
What is the difference between permitted losses and spending % of turnover? They both in effect linked to club income. So that principle still locked in, but which one allows the higher spending? It suggests to me the new rule is a lower spending limit because if you losing 105m over 3 seasons then your average spend is in excess of 100% turnover. I may have misunderstood it, but it looks like tighter rules are about to be voted in. Also clubs getting in to Europe, bear in mind the limit drops by 15% which may well cancel out any additional headroom that European football would normally deliver.