fenman Posted November 17 Report Share Posted November 17 For months now many Wolves fans have been complaining about the clubs C.E.O. not spending money on new players ( like Chelsea !!!!! ) and selling players like Neves and Moutinou ( very underated player in this country ) to keep the books balanced . Today it turns out that it was a wise move by him with Everton being deducted 10 points for falling foul of this complicated rule . How many more clubs are now subject to falling foul of this complex rule , Manchester City , Chelsea ? . This case will shake the Premiership world and could drag on for years . Interesting point is what happens if after say 5 years this rule is dropped because the investigation is too complicated to be resolved ? . What will happen to the clubs relegated because of points deduction ? Link to comment Share on other sites More sharing options...
Dave Deacon Posted November 17 Report Share Posted November 17 Any chance you can summarise, as briefly as possible, what Everton have done wrong? Link to comment Share on other sites More sharing options...
fenman Posted November 17 Author Report Share Posted November 17 As I understand it clubs may not overspend by more than £105 million over 3 years . Last season Everton made an operating loss of £44million which meant that their overall loss over 3 seasons was £124 million . I think ( and I mean I only think ) that clubs like Liverpool , Manchester City and that other lot have an advantage over many other clubs because firstly their stadiums have a bigger capacity than many others , meaning that their gate revenue is much greater plus they all play in European championship games so the prize money is also taken into account . An advantage but not unfair but because they are successful . I think that simple minds like myself are baffled how cub like Manchester United are allegedly in debt to the tune of £8oo million but don't fall foul of this law . I'm not implying that there's any chicanery involved but it's very complex . Apologies Dave but this situation prompts a joke . 3 people apply for a job with a leading accountancy . The first one is interviewed , whats 20, 00 take away 56 multiplied by 6 . he gives the correct answer and is told that they will contact him later .The second person is interviewed and asked a complicated question about pension contributions and tax relief . He gives a satisfactory answer and is told that they will contact him later . The third person sits down and is asked what will the tax deduction plus national insurance contribution be on a salary of £60000 per annum . he replies " what do you want it to be ?" the interviewer says " what's the earliest you can start ?" Devils@Dusk and Dave Deacon 1 1 Link to comment Share on other sites More sharing options...
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