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Thread: Embarrassing

  1. #1
    Join Date
    Mar 2009
    Posts
    39,249

    Embarrassing

    Oh dear...

    Leeds United and Burnley have threatened to bring a claim for substantial damages against the Premier League and Everton believing the Merseyside club have seriously breached financial rules.

    The two clubs sent a letter last week warning they reserve the right to take legal action against the Premier League and Everton, and demanding details of what – if any – action or investigation the league has started after Everton recorded losses totalling £371.8million over the last three years.

    The Premier League’s profit and financial sustainability rules allow clubs to lose a maximum £105million over a three-year period or face sanctions which include points deductions for serious breaches.

    Losses caused by the Covid pandemic can be written off but Leeds and Burnley have raised concerns that media reports and Companies House filings show Everton’s Covid-related losses are more than three times that of clubs of a similar size.

    The Premier League declined to comment. An Everton spokesman told The Times: “We have worked so closely with the Premier League to make sure we are compliant we are comfortable we have complied with the rules.

    “External auditors have told us what we can and cannot claim against the pandemic.

  2. #2
    Join Date
    Jan 1970
    Posts
    2,630
    Nothing will come of it, they can't touch "Frank lampards Everton", not Mr golden boy, how very dare you!

  3. #3
    Quote Originally Posted by norfolk white View Post
    Nothing will come of it, they can't touch "Frank lampards Everton", not Mr golden boy, how very dare you!
    A reflection of the mad world we live in that losses of 371.8 million spent on a football club gets so little attention when so many are struggling with cost of living.

    The football money model is bonkers.

  4. #4
    Join Date
    May 2010
    Posts
    10,526
    They should probably be punished next year but doubt anything will happen, the PL has glorified over spending

  5. #5
    Quote Originally Posted by joellufcprice View Post
    They should probably be punished next year but doubt anything will happen, the PL has glorified over spending
    Not sure the rules would stand a legal challenge either. Remember when City took on UEFA and won.

  6. #6
    Join Date
    Sep 2011
    Posts
    14,887
    A new rule will be invented specially for fat frank so nothing will happen.

    Had it been us then.......

  7. #7
    Join Date
    Apr 2011
    Posts
    2,009
    And, as if that wasn't bad enough ........ the dog also ate their homework (allegedly).

  8. #8
    Join Date
    Sep 2011
    Posts
    1,456
    The timing of this challenge to Newcastle is terrible. It really does look like sour grapes from ourselves and Alfs lot.

    I really don't see what immediate benefit this brings to anyone?

  9. #9
    Join Date
    Nov 2011
    Posts
    15,598
    Quote Originally Posted by LeedsFTW View Post
    The timing of this challenge to Newcastle is terrible. It really does look like sour grapes from ourselves and Alfs lot.

    I really don't see what immediate benefit this brings to anyone?
    The challenge is to Everton, not Newcastle

  10. #10
    Join Date
    Sep 2011
    Posts
    1,456
    Quote Originally Posted by WTF11 View Post
    The challenge is to Everton, not Newcastle
    Freudian slip, I know it is Everton, but still it all looks like sour grapes at this time.

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