6 clubs tried to end English football as we know it and were fined £22m BETWEEN them. Everton have now essentially been fined £52m plus a no doubt hideous figure on legal fees for simply trying to compete with those big boys (sadly failing) and building a stadium. It’s appalling
@RayHan665 Which we’d already paid for muppet. You’re just crying you couldn’t scrape more than a point in your final 5 games to stay up, what a pathetic attempt of survival. Never a more deserving club to be relegated. Now its sour grapes all because you’re utterly shit
@DepportSteve@efc_fanservices None in CV for me either. I’m in there already but had to sit separate to my bro due to timed release for the move. I think waiting as people start to move might be the only option
@efc_fanservices@KarenHuxley1 I had no idea notifications for the first couple of hours this morning, then they just randomly appeared. However, pretty disappointed with the options to move. None available in club view at all
@onpassage@Bankersbonus1 When did “road” tax become about the value of the car and someone’s affordability, instead of the emissions and engine size of the car? Thats the question.
1 Spare available for Man City (h) on Monday night.
Can transfer or meet at the ground. Ticket is for club view £60. Message if interested
#efc@evertonspares
Chelsea have confirmed they recorded the highest pre-tax loss in English football history last season, announcing a £262.4million ($349m) deficit in the accounts of Chelsea FC Holdings Limited, the company which houses the club’s men’s team.
That sum differs from the £342m loss disclosed in a UEFA report released at the end of February but, as The Athletic reported at the time, there was always a likelihood the loss per Chelsea’s accounts would differ from that disclosed by UEFA.
European football’s governing body has introduced several rule changes in recent years which seek to capture a club’s true running costs and to exclude what they deem irrelevant income wherever possible.
Those rules do not come into play when a club files its annual financial statements, which are instead governed by wider, non-football-specific accounting rules.
@CWeatherspoon_
🔗 https://t.co/0Zzb5EKSuC
@shaimoss Debt doesn’t really play much of a part in it. They have revenues of approx £800m v your £350m. All
Businesses have debt, leveraged against the value of the club. £1.3b shows how big they are, if anything. PSR is designed to keep the big 6 as they are unless other grow revenues.
@DavidParky18@ScottyTMJ2@EFC_FanAdvisory Totally valid point that most wouldn’t even think about. Not to mention how it impacts on revenues for the club, lower attendances, less dwell time, No one drinking, etc. It affects everything. Granted there is TV money, but fan experience and winning games are bigger priorities