Season › 2022-23 › News
Mail report claims ruling against Everton could come early
A fresh report by the Daily Mail claims that the Premier League are confident that the investigation into the club's alleged breach of financial rules could be completed by the end of the season.
The thrust of Matt Hughes's "exclusive" is that six member clubs have written to the League demanding answers into the handling of Everton's case and assurances that the case be concluded before 28th May to avoid what they argue would be a second relegation battle being affected.
That could spark legal challenges by affected clubs after Leeds United and Burnley, the latter of which went down last year, wrote to the Premier League in May 2022 demanding an independent inquiry into Everton's finances.
The League allege that the Blues broke Profitability and Sustainability rules for the 2021-22 financial year, despite intiially clearing the club of wrongdoing, arguing that their original determination was made based on unaudited figures.
Article continues below video content
Everton furnished the Premier League with their final accounts at the start of this month which show a loss of £44m, down 63% on the previous year, and those returns prompted the referral to an independent commission which could levy penalties against the club if they find it guilty.
Those include a possible points deduction which would have a significant impact on this season's battle between nine clubs to avoid relegation to the Championship. Everton are currently just three points off the bottom of the table with 10 matches to play.
It is assumed, however, that the Premier League's own investigation is complete, hence their referral of Everton's case to an independent commission and that, as such, they can have no bearing on the timing of the decision.
For Hughes's contention to hold water, the League will have had to have received assurances from the commission, the makeup of which has not been publicly revealed, that they could review the case and come to a decision before the end of the current season.
Reader Comments (46)
Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer ()
2 Posted 01/04/2023 at 01:22:50
In the unlikely event an investigation is concluded this season any points deduction penalty would kick in next season.
3 Posted 01/04/2023 at 01:46:57
4 Posted 01/04/2023 at 03:42:16
This is a politically motivated investigation determined to show a government intent on regulatory management of the EPL, that it can police its own. Within a week of whatever judgement that is reached make no mistake we will be chip paper and forgotten, a point made.
We are big enough for people to be shocked but small enough not to matter. Its just all too convenient when you look at the huge spending and losses that other clubs have. It has all the feelings of a perfect set up. Thats NOT to say its a conspiracy or that we haven't managed our debt correctly, BUT the premise of the P & S is wrong if any club can spend more in one window than all our debt in three years.. and not be subject to review. Thats NOT a level playing field, thats a structure designed to keep the rich at the top and the rest in our place, never to be able to compete financially and as a result on a football pitch.
If there is no hope or expectation for a club other than a handful of bottomless pit clubs, to win anything, what is the point? Its now a cartel and it is fully supported by the league.
Can you see Man City being stripped of titles or dropped to league two? Or even a points deduction for 101 offences? Yet Everton have one, undefined as yet, breach and people are expecting points deduction, relegation.. this season!
The reports already in the press are of going under, relegation this season no matter what the results ahead,
This league is corrupt in its failure to manage the big clubs spending but we have a loss to the value of ONE decent transfer and we are earmarked for the gallows.
I am growing to hate this league.
5 Posted 01/04/2023 at 04:25:24
Why wouldn't these other clubs want us punished for flouting the rules? When the EPL broke from the football league we were there at the forefront cutting off the Brighton's, Fulhams and Bournemouth's. When Newcastle were bought by despots we were again at the forefront complaining as we were when City got bought. When the snakes joined the European super league Kenwright went out of his way to lead the condemnation. Leicester are struggling this year having sold good players as their owners explained they had to in order to comply with FFP. Villa missed out on promotion when Wolves allegedly broke FFP. Why would any of these teams cut us any slack when we claim the moral high ground and cast the first stone at others? Even if we stayed Mum it's a dog eat dog world but Kenshite has gone out of his way to portray us as occupying the moral high ground so we can attack Chelsea for Russian links, City, Newcastle, super league etc etc while the likes of Brighton follow the rules. Beyond his other crimes Kenshite has ensured we are the most hypocritical club in the league. Consequently we have no Allie's and attract no sympathy
6 Posted 01/04/2023 at 04:46:26
Look at the amounts of money spent by those clubs in the past 5 years against what we have spent. Is that equitable? The best players go with the money is.. so much for a level S & P and a level playing field.
But you are right. We should never have been in this position. Ever. The fact we are stems solely from Kenwrights incompetence and Moshiri's stupidity. I am angry not because of the bleating of our owners but more so of the hypocrisy of the EPL.
7 Posted 01/04/2023 at 08:03:45
And as for Man Utd being over ONE BILLION POUNDS in debt which also includes outstanding payments of transfer fees, what are the premier league going to do about that?
8 Posted 01/04/2023 at 08:24:49
Wasn't it supposed to prevent clubs from getting into so much debt that the club would go bust.
If that's the case, it appears that the clubs (including us) didn't take into account that the dice were already loaded (forgive the gambling analogy!) in favour of the clubs with the most money coming in.
9 Posted 01/04/2023 at 08:31:35
10 Posted 01/04/2023 at 08:34:42
But.
If you are £1BN in debt, surely that club has been operating outside of profit and sustainability?
I think a lot of clubs are and have been.
11 Posted 01/04/2023 at 08:45:26
Also, over the past three years, how much have Man Utd lost, or has this debt just Miraculously appeared from nowhere?
12 Posted 01/04/2023 at 09:09:46
13 Posted 01/04/2023 at 10:22:20
14 Posted 01/04/2023 at 10:43:46
And as Rob and Danny have said, United, are not clean, running up a1£B, debt. That's taking P&S, non compliance, to another level, as on par with City.
And so back to the EPL, so called custodians of virtue and what is right, and best practice..
Well we all have our views and they have and continue to Lord it and take the piss, in terms of consistency and setting industry standard benchmarks, without political interference.
Jeez football is a simple game, it still is, but the governance of the English game -EPL and EFL, and the FA, has brought more questions, than answers, and throw in var, the mismanagement of a good idea
15 Posted 01/04/2023 at 11:23:47
16 Posted 01/04/2023 at 11:33:14
Now it sits at £1BN.
Nothing to see there though.
17 Posted 01/04/2023 at 11:41:19
It's incredible that United are now going to be sold for around £5/6 Billion, and because I live in hope, and will always keep faith in Everton (especially when we drain out the nepotistic poison) then I think we are a club that offers massive value for someone and hope it's sometime soon.
If Everton get safe, I'd offer Bill Kenwright, an olive branch. Let him come back, and make him realize that he should have stayed away. I've said it many times, but any Liverpool fan, would be incredibly proud of the hatchet job that this man has done on Everton FC, over many years.
18 Posted 01/04/2023 at 11:41:48
19 Posted 01/04/2023 at 11:58:07
20 Posted 01/04/2023 at 12:01:22
Our low commercial income, reliance on spurious 'sponsorship' deals, terrible loss-making transfer policy (the last accounted year excepted) and proportionately enormous wages give us very little wiggle room.
If other clubs have directors with knowledge of legal frameworks and the know-how to exploit them and we don't, that is, I'm afraid, our fault and our problem.
21 Posted 01/04/2023 at 12:08:22
It's getting close to Monday.
22 Posted 01/04/2023 at 12:21:30
Danny, Monday is the one the few things in our control that's away from the hands of our Board. Can't wait!
23 Posted 01/04/2023 at 12:31:13
What the account statement regarding us being a going concern if relegated highlights is that the gap between Championship and Premiership is unsustainable. AS Christine pointed out above, the PL is being pulled to the table to address this because of the regulator threat. Watch some of the clips from the select committee last week - it's hilarious. The PL guy is a marketeer and a very successful one. The Championship are very poor relations. At the start of Premier league the EFL income was 75% of the PL, today it's 6%. A very crooked system.
The solution they are now discussing is pooling the TV media rights of PL and EFL and then distributing payments based on where you finish (the PL do this already, the EFL doesn't) to stop the gap growing further, also P&S as it stands will go I think and sustainability will be based on percentage of topline income that can be spent. I agree with Christine that its a fixed game but given the huge difference in commercial revenues, I fear for us with the new system unless we can avoid relegation and build that new stadium to increase revenue.
24 Posted 01/04/2023 at 13:14:34
and his mate had big plans for the port, this could be ringing a lot of alarm bells. If they stick us with a points deduction such that this investment goes severely wonky, they may not cry themselves to sleep over that scenario.
25 Posted 01/04/2023 at 13:20:40
The fact is, we have "Allegedly" fallen foul of those regs. The other clubs don't really matter to me unless they are being dealt with, differently, of course.
Now if we're "alleged" to have broken them, it's us who are going to be investigated by the Independent Commission. The others mentioned we'll wait and see.
According to a press article in the Mail, an EFC spokesperson is quoted as saying " Everton is (wish thery said are) disappointed to hear of the P/L's decision to refer and allegation of a breach of Profit and Sustainability regulations to an Independent for review"
The Club strongly contests the allegation of non compliance and, together with its independent team of experts, is entirely confident that it remains compliant with all financial rules and regulations.
"Everton" is (wish they'd say Are) prepared to robustly defend it's position to the Commisiion. The Club has, over several years, provided information to the Premier League in an open and transparent manner and hads chosen to act with the utmost good faith at all times.
A few points here that make me think.
I thought that Everton and the PL had kept in close communication, to ensure the we hadn't broken any of the idiotic bloody P&S rules, all the way through the period in question.
It seems to me that if we can prove that the P?L has been advised of all our doings and has given their blessing for EFC to carry on. Then the documentation (I do hope there is some!!!) will prove they have P/L knowledge and permission to carry on)
My feelings lie towards EFC being in the clear, as far as the P/L are concerned.
Then, to me, the wording "allegation" is the key point. I would tend to think that EFC even under this chairman, wouldn't be either so soft or so nefarious as to break P & S rules. I also tyhink that the P/L have not, as far as I know, given any public indication that they have jusdged EFC to be in breach of the P&S regs.
My guess is that the clubs who are screaming for this to be dealt with now, then one, or all of them, have put a complaint in to the P/L and this eems to be the case given their desire to have this dealt with this season.
We seem to have a strong case and hopefully can prove that the P/L have given it's blessing to our dealings.
Hope this isn't too idiotic for you Martin!
26 Posted 01/04/2023 at 13:42:49
27 Posted 01/04/2023 at 13:51:27
Liverpool is a much different place now, and I think it's certain that Bramley Moore dock, is going to be the catalyst, for the city, because there is just so much scope with regards to development and therefore massive investment, in this part of our city.
28 Posted 01/04/2023 at 14:03:35
I do hope you are right. I agree that there is massive potential there. I just don't like the way this story has developed, first we had a problem but then we were reassured we were within the rules. Now we hear the PL are anxious to keep the government on side, and so may elbow us out of the nest to show willing. What makes me deeply suspicious is the keenness to get this deduction in this season when we are most vulnerable. That makes no sense, none of the other riders have suffered as a result of breaches which took place last year. In a fair world they would if we are guilty given us the deduction at the start of next season to give us a sporting chance of catching up. On the other hand, if they fast track this commission so that the deduction is squeezed into this season when we are fighting relegation, then this is deliberate.
29 Posted 01/04/2023 at 16:40:57
"The club has, over several years provided the P/L with information in an open and transparent manner and has chosen to act with the utmost good faith at all times."
That bit would have looked a lot better if it had included "and our accounts have been audited and proved to be accurate" !
30 Posted 01/04/2023 at 16:41:18
Moshiri appears to be looking for a way to be part of a major improvement in the city, and pissing him off with some kangaroo court based on some corrupt regulations (designed to make sure that certain mid table clubs - like the one who got hammered 4-1 by City today) ensure that no-one can buy their way to success.
If they really wanted to have a system - like American football - where there is a competitive and constantly changing challenge for success, they'd be better to put a cap on salaries and transfer budgets. Profits from clubs resulting from media and dreary European "competitions" would then have to go on facilities, training, shareholder dividends and so on, but the player pool would be available to all.
You might get a team which decided to put the lot into buying Haarland and Bellingham and paying them a large lump of the budget, you might get an Everton 1980s team with virtually no stars and a superb across the board squad.
What you would not get (if it was policed properly) would be a group of teams whose revenues were guaranteed always to be higher than their competitors, and penalties for those who tried debt financing to buy their way to success.
31 Posted 01/04/2023 at 17:55:38
The problems this has caused for most of the clubs who aren't loaded or don't have massive pulling power or both, get left further and further behind. I looke a few weeks ago at those clubs who fell out of the old first division and, subsequently, the Prem, well some have sunk without trace and some are languishing in the old 2nd and 3rd division. I don;t know if the rules can bwe changed by the clubs (or if they want to) but this situation will only bring forward this super league.
32 Posted 02/04/2023 at 08:51:00
The Football Association is not directly involved in the day-to-day operations of the Premier League, but has veto power as a special shareholder during the election of the chairman and chief executive and when new rules are adopted by the league.
Everton, according to their audited final accounts, are clearly in breach of the Profitability and Sustainability Rules. Everton have been working with the Premier League who have been monitoring their management accounts for some time. This has been reported as being on a real-time bases, mirroring proposed Government regulation. Many business are in a real-time monitoring situation for tax purposes. Therefore, the framework already exists.
Other clubs have written to the Premier League last year regarding Everton's finances, receiving assurances of compliance. As did all the other Premier League clubs. Everton's final audited accounts have shown this to be unfounded.
The Premier League's reported explanation according to the media is that there are material differences between Everton's unaudited management accounts and the audited final accounts.
Naturally, other Premier League clubs will want this investigated in this League season, especially those that are threatened with relegation if this is the case. Looking at the Premier League table, this could consist of half the clubs in the league.
Everton are being refered to an Independent Commission for breach of Profitability and Sustainability Rules.
There is no conspiracy. Everton have been run into the ground by incompetent club management and an inept owner. Aa owner who has poured money into a bottomless pit, without ensuring governance, accountability and competent management was in place.
This is still obvious in the final audited accounts going forward with the allowing of the Chairman's delusional narrative and a letter pledging another 㿲million. The same ejits that caused the problems are apparently going to robustly defend Everton at the Independent Commission.
You don't need a conspiracy theory to explain the problem!
33 Posted 02/04/2023 at 13:52:09
As for our bloody board, and the Chairman who "guides" it? Well I agree. it's frightening to think they are going to "Robustly" defend our Club!
I just wondwered why you think there's inference by some that there's a conspiracy going on?
34 Posted 02/04/2023 at 15:10:41
This seemed OK by the league until M.City another average team were taken over by richer owners and went through the same process with the wealth they had acquired. Next comes Newcastle who were struggling against poss able relegation new excessively rich owners come in and they are competing for the top 4.
This has now become a 2 tier league where the bottom and mid table teams have to sell their better players just to compete and the top teams seen able to buy who they want without any sanctions.
It seems strange that a team near the top of the league are accused of the same infraction as Everton, are not asked to appear before an independent board but have a number of years before they will be heard.
35 Posted 02/04/2023 at 15:29:15
Like many I'm not as bothered with the game as much, it's hard to relate too. The only thing I want for Everton now is for Kenwright to piss off and take DBB and Sharp with him.
36 Posted 02/04/2023 at 16:04:14
I fully agree with you and anyone else who wants to see this board removed, but my stand on this, and I was saying it before most supporters started to get onto the board, the major problem is Moshiri, he is the one who hired them and he is the one who can fire them, and the sooner the better.
37 Posted 02/04/2023 at 16:42:27
Why pick us? Because we are a shit show and probably the easiest target in the Prem.
To take on Utd, Chelsea, City and others would take years and be very difficult to prove due to their massive revenue streams.
Poor old Everton... we're as fucked as a fucked thing from Fucksville in East Fuckshire.
38 Posted 02/04/2023 at 17:16:45
Make the best of every day, and let's see Everton, survive this season, focus on the football playing side and supporting the club. Then...
Increasingly more concerning by the day, we all have own views, but let's influence what we can and focus on the positives.
UTFTs!
39 Posted 02/04/2023 at 17:45:36
We used to have great historic teams rooted in communities. We had money moving from the top clubs to those further down the pyramid and ensuring their survival in most cases. We had a structure that led to teams like Aston Villa and Nottingham Forest becoming Champions of Europe.
Our club helped destroy that rather than helping preserve the legacy — shame on them.
40 Posted 02/04/2023 at 20:50:00
My attitude is that Everton are wholly to blame for their situation and anything that deflects from that is a waste of time. The current regime will jump at anything to deflect blame – "goods timeS", shock and surprise at the referral – if they could align with a Premier League protest, they would.
As for your idea of conspiracy, I think it is real enough. Even when I looked up a definition of the Premier League on Wikipedia, the timeline trended from the Top 4 to the Top 6.
But Moshiri provided a shit load of money and the Everton Board achieved relegation status, so the underlining reason for the conspiracy has eluded Everton.
41 Posted 03/04/2023 at 04:08:18
For example, Usmanov might sponsor the training ground for a zillion pounds... but, while that's good enough for the tax office, it's not good enough for the Premier League who might claim it's not fair market value.
So basically, who knows whether we've broken the regulations? Our accounts alone aren't enough for us to determine it. After offsets, special circumstances and all sorts of shenanigans, we'll get the Premier League's interpretation.
It does surprise me that we might be in contravention given we've not really invested in the squad of late. If we're over the line, surely we're not the only ones. I know we carry dead wood on high wages but are we really that exceptional?
Just seems very typical of Everton. We'll be the only ones punished due to doing the wrong thing at the wrong time. You can't really argue with it when you've done the wrong thing in the first place, but it still feels unfortunate.
It would be so Everton to claw our way out of trouble when it once looked impossible... only for our board and owner to plunge us straight back in. I'm assuming they won't show their faces at Goodison for a while.
42 Posted 04/04/2023 at 14:15:39
43 Posted 04/04/2023 at 17:04:33
44 Posted 05/04/2023 at 21:52:05
45 Posted 06/04/2023 at 07:46:18
The only reason the premiership is good for Everton and clubs like us is the money.
For us as a team it's been a mill stone around the clubs neck as we have wasted it on not very good players in the past.
46 Posted 06/04/2023 at 08:37:56
Add Your Comments
In order to post a comment, you need to be logged in as a registered user of the site.
Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site.
How to get rid of these ads and support TW


1 Posted 31/03/2023 at 23:58:38