Nottingham Forest face ‘hotter water’ on FFP after £112million Everton developments
The £112million in sales at Everton last season will “work well in their favour” as a mitigating factor against further profit and sustainability punishment, according to i News.
The outlet reported via their website on 12 February that Toffees departures for stars such as Richarlison and Anthony Gordon should help the club argue their case at a second hearing for breaching spending rules.
With 10 points already deducted Everton were referred again last month, this time alongside Nottingham Forest, but sports finance expert Dr Rob Wilson suspects there is now more risk at the City Ground than at Goodison Park this time around.
He said: “Everton sound like they’re quite bullish – they think they should be fine because of the transfers they’ve generated.
“The Nottingham Forest thing is a little bit different. Forest knew the regulations were going to be in place and clearly spent too much money.
“They sold Brennan Johnson and the mitigation is ‘If we’d have sold him at the beginning of the window we’d have complied with FFP, but we sold him at the end and got a higher fee’.
“It’s all well and good, but the reality is they shouldn’t have been in that position in the first place. The purpose of the regulation is to try and stop clubs from acting in a financially irresponsible way.
“Forest could end up in hotter water than Everton on the more recent charge, but it will depend on how significant the breach is over and above the regulation.”
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All this dispute about clubs mishandling money is the result of individuals & consortiums with lots & lots of money, buying clubs, and clubs with less money to spend, just can’t compete, so how can we have a level playing ground???. { sorry for the ‘pun }
There should be a limit on transfer fees & players saleries.
It is these two things that are taking the competitiveness out of the beautiful game. The clubs with lots of money can buy success !!!