Life – Terror. Ecstasy. Fight. Denial. Flight. Failure. PAIN. Forgiveness. Reconciliation. Hope. Love. Peace – Death.
A mate, a keen football fan (not a Blue), commented on my recent FB post in regards to a potential third points deduction for EFC. He said what he believed to be a valid point, ‘If they [EFC] knew they were about to break the rules again, they should’ve sold him [Jarrad Branthwaite? Maybe with a sell-on clause [every sale of every player has a sell on clause along with other bonus payment clauses, appearances, international caps etc.]? He added, ‘I don’t get the outrage? If you’re about to break the rules, know the deadline…and do it anyway – then you should be punished. It’s just really, really bad planning by whoever’s in charge of buying / selling’.
City have been charged by the Premier League for breaking Profit and Sustainability Rules on 115 occasions over a nine-year period stretching from 2009 (the year after Sheikh Mansur took them over) to 2018. In February 2020, City were initially banned from the Champions League for two seasons by UEFA and fined €30m (£25m) after they were found to have seriously misled European football’s governing body and broken Financial Fair Play rules. The ban was overturned and the fine was reduced to €10m (£8.9m). At the hearing, the panel found most of the breaches alleged were not established or the time was barred, which effectively means they happened too long ago for UEFA to do anything about them.
UEFA recently fined Chelsea £8.6million ($11m) due to Abramovich’s “historical transactions”. Chelsea made a pre-tax loss of £90.1m in the year to 30 June 2023. The figures follow a loss of £121.4m the previous year BlueCo, which also owns a majority stake in the Ligue 1 club Strasbourg, made a loss of £653m after tax for the period 2 March 2022 to 30 June 2023.
Chelsea FC Holdings Limited accounts will be published at a later date and will reveal more detail about the club’s financial position. However the [admission] of a £90.1m loss should be dealt with as quickly as Forrest and Everton for breaches of Premier League’s PSR and Uefa’s financial fair play regulations. The Premier League’s rules permit clubs to make a loss of £105m over a three-year period.
Everton over spent 19.6mil for the first charge and got 6 points deduction, Forest overspent by 34.5mil Got 4 points (all on field for buying players – 1 year). Our 2nd points deduction 2 points for 16.6mil – a total of 8 points deducted for a total of 36.2mil so we get double the points for 1.7mil extra than forest and 90% of ours is related to off field (new ground) not on field gaining a competitive (additional players) advantage?
The 2 points I can understand for 16.6 mil but 19.6 mil and 6 points deduction just doesn’t add up compared to Forest. Yes ours is over 3 seasons, however for 1.7 mil difference and for non on field (new ground) players it just doesn’t add up.
To suggest Everton sell a (star) player (arguably their only, current, saleable player asset), an appreciating asset that we will inevitably sell in the coming months for a high price is a ‘valid point’ is outrageous. Outrage? Really? Sell an integral player off on the cheap whilst we are in the middle of a regulation battle? Sell him off ‘on the cheap’? To benefit one of the big 6 ‘rich’ clubs?
Fucking Right ‘we’ are outraged!
Newcastle and Villa are ‘at risk’ of breaching the proposed new PSR rules as are Fulham, Forest, West Ham and Wolves due to their comparatively low revenues and ambitiously expensive squads. Leeds United would also be at risk if they were to be promoted. But it don’t matter as they are scrapping the whole shit show and starting again! Do you think that might have anything to do with the fact it is a complete load of shite?
Thanks for reading
UTFT
Dying to Live 