Chelsea finished 12th in the Premier League table in 2022/23 with
⚽️2nd highest wage bill
⚽️ Highest amortisation cost
⚽️ Most expensive squad
⚽️ Biggest operating loss

“Largest ever player amortisation charge - you’ll never sing that.”

Sounds like PL raised issue of closing loophole around selling assets to related companies in 2021 but there was opposition from some clubs so it never went to a vote. EFL has closed that loophole.

“Just a glimpse is enough to raise concerns about the retirement security of millions of Americans.” If I was one of these people I would be absolutely furious that US companies are allowed to enter into these kind of offshore arrangements. It is potentially a huge problem.

More time, more loans, more problems…

Chelsea spent more on agents in a year than 6 Premier League club — Brentford, Fulham, Palace, Sheffield United, Everton, Luton — spent on transfers, according to latest data. They also spent more than every Championship club paid agents in a full year.

Chelsea spent £75m on agents fees in the last two transfer windows - pretty sure that is a Premier League record. Adds to their financial challenges for this season

I imagine it's more - Michael Tabor has been loaning money to Everton for 10+ years through different companies. 🎩

dailymail.co.uk/sport/football…

And because everyone knows it, nobody will pay even close to what Chelsea want for any of them.

It's almost like the problem isn't actually cost control rules.

It's where the massive money in football actually goes, and how uneven it is.

Competitive team sport is entirely dependent on regulation, because it doesn't happen organically

x.com/KieranMaguire/…

Premier League clubs have agreed in principle to introduce new financial rules. 

They voted today to progress with new squad cost ratio rules to replace current Profitability and Sustainability Rules. Final vote on whether to adopt new rules will be taken at AGM in June. 

Two…

Premier League clubs have unanimously agreed to the introduction of Semi-Automated Offside Technology from next season

It will provide quicker placement of the virtual offside line and high-quality graphics to ensure an enhanced broadcast and stadium experience

Premier League clubs handed £106M bill to fund new football regulator
mol.im/a/13296919

A good clear explainer of the current options facing MSP (& therefore Everton). I still think other outcomes are more likely than administration though. We will know more by Monday.

History made.

What a shame it would be if this team, as the owners have decreed, will not get to continue their European journey in next season’s EuroLeague.

The problem with this is that it implies the takeover is still in 777’s hands. It’s not. There are various parties who will decide Everton’s ultimate future, and 777 isn’t one of them.

I think people are getting carried away by possibility MSP take ownership stake in EFC. Jahm Najafi alone could easily fund a full takeover but there are no suggestions he wants to. Very unlikely MSP are ever long term owners of club now. Kingmakers, not kings.

As I said before, Everton’s future is largely in the hands of MSP now, and it will be very interesting to see if they agree to an extension. The repayment of their loan is also a key condition that 777 must meet for Premier League approval.

Don’t understand how anyone could be surprised by this. As if a government-organised regulator wouldn’t be factoring in the interests of HMG. Champions of the regulator just chose to ignore this inevitability or priced it in as a battle that couldn’t be won.

That UK government would look to include clause in football regulator bill that would require regulator to decide suitability of owners based on 'the foreign and trade policy objectives' of UK. Essentially allowing British football clubs to be used as foreign policy tool