Skip to main content

Perspective needed on Everton decision

Some of the reaction to the points deduction at Everton has been excitable and over speculative.  One might think it was the end of the Premier League as we know it.  As one spoof site commented, 'Manchester City to be relegated to National League North.'

Everton are to appeal, but they did admit that they were in part in breach of the rules.   That said, they would regard the penalty applied as excessive.   However, I think their claim that they were transparent with the investigators will not carry much weight.   Tactically it shows a certain naivety (evasiveness and delay might have worked better), whilst saying 'we know we are outside the rules' is not much of an excuse.

However, given Everton's upward curve on the pitch and the weakness of three potential candidates for relegation, I don't think that they are in any danger.

If the appeal fails, Everton are likely to face legal action for compensation for four clubs relegated when they were breaking the rules, but the compensation may not be as great as they anticipate: arriving at a realistic figure is not straightforward.

As for talk of Chelsea and Manchester City being relegated, City have the longer charge sheet (Chelsea have not been charged yet, but have declared shortcomings).  However, they also have very good lawyers.  They might get a points deduction, but nothing more.   It will probably take two years to resolve.

With a government regulator soon to be on the statute book, the Premier League is showing it can be tough with its members.   However, expelling the most attractive teams with global appeal wouldn't do much for its business model.

Comments

Popular posts from this blog

Fulham requires big funding from owner

After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...