Everton Points deduction

Discussion in 'Bulletin Board' started by Tykeored, Feb 26, 2024.

  1. Tyke The Tree-Frog

    Tyke The Tree-Frog Well-Known Member

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    Likewise. I really really hope they stay. Every club should aspire to do what they've done, doing it the right way too.
     
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  2. Stephen Dawson

    Stephen Dawson Well-Known Member

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    I agree in the cases of Chelsea, Everton, Nottingham Forest and Man City. How can a governing body penalise somebody for spending "their own" money? It's ludicrous.

    A crap rule that needs ditching. It's stopping smaller clubs bridging the gap.
     
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  3. nezbfc

    nezbfc Well-Known Member

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    Put simply, they CAN spend their own money if it's "Gifted" in some way is how I understand it and don't expect it back per-se.

    Many owners have lumped debts in clubs in a way that it screws clubs over when these owners decide they get fed up of spending. They bugger off and leave these large debts to be cleared up by the next owners (and expect there money back), or fall into admin.

    As directors or owners, they have a responsibility to safeguard a business (legally) and by opting for the debt route in the 2nd paragraph, is at odds with the law on responsible directorship (if that's a word).

    Nobody is stopping owners pumping money in, just that they can't label it in a way that leaves them with large debts/losses. Think, giving someone money (gift) as apposed to a loan (debt)

    Hopefully I have that right anyway. I'm sure our accountant friendly folk will correct me if I'm wrong.
     
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  4. Stephen Dawson

    Stephen Dawson Well-Known Member

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  5. e-red

    e-red Well-Known Member

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    Is it really that arbitrary? Who decides this and what are the criteria? You’ve been bad boys Everton, but this week not so bad as a few weeks ago. I’d better stop now ‘cos if the FA read this they’ll doc us 10 points and then 6 on appeal. Absolute rubbish and window dressing when the main culprits don’t get challenged.
     
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  6. nezbfc

    nezbfc Well-Known Member

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    I think these are all "test cases" of sorts right now.

    For example, it's clear in the EFL that admin = X points etc.

    The fact is that proving losses and the timing of with all the accounting wizardry that goes off takes time. And no real president has been set with the "losses over 3 years". So whatever the eventual outcome of all this is likely to shape future years. And yet more accountancy wizardry....
     
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  7. Arn

    Arnside Red Well-Known Member

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    Exactly what I was thinking.........cowards...mind you the millions Citeee will throw at it with their legal team....
     
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  8. Hooky feller

    Hooky feller Well-Known Member

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    Exactly what Chansiri has done. But the bubble has burst. Trying to clean up his mess by fleecing the fans. Who then become the ones to suffer. Should we let cheats win. Or pull em into line.
    Weren't Everton supposed to be investigated over more recent financial irregularities?.
     
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  9. nezbfc

    nezbfc Well-Known Member

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    Yes. That judgement is due in april
     
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  10. George Kerr

    George Kerr Well-Known Member

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    There is no consistency or justice. Bolton were in a far worse situation than Bury, but it was Bury who suffered and Bolton prospered.
     
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  11. Voi

    Voice of Reason Well-Known Member

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    Is that Asterix The Gaul?
     
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  12. Voi

    Voice of Reason Well-Known Member

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    Exactly. The daughter of a good friend of mine used to work for the EFL and has certainly intimated that there is a "big club" bias at that institution. Portsmouth, Derby and Bolton, I am sure, are all regarded as bigger clubs than Barnsley, which might be seen as a cause for concern for us.
     
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  13. Redstone

    Redstone Well-Known Member

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    If they have broken the rules they should be punished. However I think the rules are stupid. If a wealthy owner wants to pump money into a business then so be it.
    Rules to stop this saddling clubs with debt would be the way I would go.
     
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  14. Stephen Dawson

    Stephen Dawson Well-Known Member

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    The Russians sank de Gaul.
     

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