Everton

[Deano]

Ooooh

In October, the Guardian revealed that Everton was searching for a new auditor after its existing firm, BDO, had refused to work on the current accounts and was considering walking away. Everton is now understood to be looking for a replacement, in order to meet a March deadline to publish its figures. Its lawyers said: “The club’s audit will be published in line with normal practice and within the regulatory timetable.”

[Deano]

Today, the majority of Everton’s current external loans – largely secured on property around Goodison Park – have been taken out with a company called Rights and Media Funding Limited (RMFL), a small player in the world of financing that has also lent money to West Ham United, Nottingham Forest and Spanish top-flight teams.

However, while it has two directors, the company does not possess a single employee, according to its latest set of unaudited accounts. Nor does the lender have a website, a phone number or a Financial Conduct Authority (FCA) registration – although Everton erroneously claimed to the Guardian that the firm was regulated. RMFL, meanwhile, said it did not need to be regulated, “as it is not undertaking regulated activity”.

[Deano]

https://www.theguardian.com/business/2022/nov/13/everton-football-club-new-stadium-bramley-moore-dock

[S-RED]

Win Win here, PL dock them points for breaking reg's, this will impact the charges against Mab c, its it not JUST BECAUSE ITS CITEH & they can go after them.

well thats my hope )

[Fivex]

I guess at least City cheated and achieved something. Imagine cheating and getting worse

Basically what my bluenose mate just said. “Not like it’s gained us any advantage”

[Slinky Skills]

[ame]https://twitter.com/_pauljoyce/status/1639326922936053762[/ame]

[Norbs]

[SB]

I’d rather they went down on their own merit but beggars can’t be choosy so I’d take a points deduction if that’s what it takes.

[Mr Pink]

I’d rather they went down on their own merit but beggars can’t be choosy so I’d take a points deduction if that’s what it takes.

Same- the perfect scenario would be if they go down, a bunch of their players leave as a result, and then they start next season in the championship on -25 points, and have a transfer ban!

[fidget]

And the new stadium sinks so they can only play at low tide

[ChesterDave]

Clearly bull****ting on their accounts when they claim their match day income was hit harder during covid than Arsenal who are 1.5x capacity and significantly more expensive to attend

[Norbs]

Same- the perfect scenario would be if they go down, a bunch of their players leave as a result, and then they start next season in the championship on -25 points, and have a transfer ban!

Definitely don't care when the points ban is but the distraction of a looming deduction will surely push them down this season unhindered. So, yeah, a points deduction next season in the championship would be great.

They thought Champions League, they got Championship

[Norbs]

Clearly bull****ting on their accounts when they claim their match day income was hit harder during covid than Arsenal who are 1.5x capacity and significantly more expensive to attend

Good point that. The smaller the club, the less the impact

[SB]

Same- the perfect scenario would be if they go down, a bunch of their players leave as a result, and then they start next season in the championship on -25 points, and have a transfer ban!

Definitely don't care when the points ban is but the distraction of a looming deduction will surely push them down this season unhindered. So, yeah, a points deduction next season in the championship would be great.

They thought Champions League, they got Championship

Their new derby could be Crewe or Tranmere Rovers

[Slinky Skills]

Interesting read on the mess Everton are in.

https://theesk.org/2023/03/25/referral-by-the-premier-league-ps-explained-the-potential-consequences/?s=09