Yeap, you have to attend and pass (with an A) all your mafia classes 1st, and then you can start to practice sports-washing.
There has always been a strong suspicion that it is Usmanov’s money either partly or fully financing Everton.
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True. Pity for Everton he isnt also supplying the Russian Mafia book keepers
If that’s the case, it’s best for all my Everton mates to treat this as good news. Best to be relegated by force and spend 3-5 years down under, but under a new ethical owner. Even if the ceiling of their success ends up being the Championship.
2:00
Love it. 
They seem rather relaxed about their plight. On another note, imagine being charged for FFP and getting relegated not as a sanction but over their own poor play.
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Is this supposed to be encouraging?
Reminds me of the prison officer in Porridge.
New stadium costs and Covid losses at centre of Everton’s alleged FFP breach
Paul Joyce, Northern Football Correspondent
Sunday March 26 2023, 5.00pm BST, The Times
Everton’s alleged breach of Premier League profit and sustainability rules is likely to centre on the costs related to their new £500 million stadium and the impact of Covid-19.
The Goodison Park club has been referred by league bosses to an independent commission to decide whether they have broken spending rules for the 2021-22 season.
Everton maintain they have been transparent with the Premier League over their financial situation in recent years and believe the accounts they submitted on March 1 are compliant as they fall within permitted losses of £105 million over a three-year period.
Those financial results will be made public by Friday and are expected to reveal a huge reduction on the losses for the year ending June 30, 2021 which showed a deficit of £120.9 million of which £103 million was attributed to Covid.
It is two years to the day since Everton’s stadium project at Bramley-Moore Dock received government approval and the latest set of figures will show vast expenditure on the 52,888-capacity arena which is rising fast on the banks of the River Mersey and is due to be completed in time for the 2024-25 season.
Under profit and sustainability rules, clubs are able to make deductions for “good” expenditure such as stadium infrastructure costs and spending at community, academy and women’s football levels.
Covid-19 losses are far more of a grey area and whether they are again included in the latest results, and how much, will become clear in the coming days.
Everton commissioned their own independent report to assess the cost of the pandemic with research putting the figure at £170 million, three times as much as many other clubs declared in their own last set of accounts. Aston Villa, for example, attributed their cost to be £56 million.
The report Everton received suggested the impact of Covid left the transfer market depressed and prevented them from maximising sales of certain players, although the alternative view is that the failure to secure better fees was a reflection of poor recruitment.
The ambitious stadium project was pursued after the club’s early years under owner Farhad Moshiri’s control were characterised by expensive mistakes in the transfer market coupled with frequent managerial sackings.
Moshiri took control from chairman Bill Kenwright in February 2016, though the stability and fiscal prudence which had defined Everton has given way to haphazard management.
In the first three seasons under Moshiri — 2016-17, 2017-18 and 2018-19 — Everton spent around £360 million on 22 players in an attempt to infiltrate the Premier League’s elite. Three different managers, Ronald Koeman, Sam Allardyce and Marco Silva, and two different directors of football, Steve Walsh and Marcel Brands, oversaw that expenditure.
Only four players remain at the club. Jordan Pickford, Michael Keane, who wanted to leave before the arrival of new manager Sean Dyche with whom he worked at Burnley, Yerry Mina, who is out of contract this summer, and André Gomes, who is presently on loan at Lille. Idrissa Gueye left in 2019 and returned last summer.
The failure of those initial transfer dealings to oversee an on-pitch improvement necessitated more players being bought and resulted in more managerial changes.
Everton have spent around £700 million on players and compensation to managers since 2016 with Dyche the club’s eighth permanent manager during Moshiri’s tenure.
The Premier League’s stance comes after Manchester City were charged with more than 100 breaches in February and with the government calling for an independent regulator within football.
Everton are 15th, three points from the foot of the table, but the case against them is unlikely to be heard quickly. A range of sanctions — from fines to a deduction of points — would be available to the commission should they find any wrongdoing.
I assume they need to justify why this is the case?
Also any interest from HMRC on this side of things?
And not the 360m spent on players then?
Presumably massive shortfall on sales of their season reviews on Bluray
That was dropped because there is no evidence
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Actually that was offset as a loss hehehe
That deserves punishment in itself given the lack of on the pitch return it has given them! 
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Sounds like relegation could be particularly ruinous:
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Someone will buy the scraps, and they will rise anew from the swamp.
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It’s got two ways of going, it’s bought by sharks or they find someone like FSG that stadium kind of helps them without that I’d expect the latter.
It could be that they start next season 10pts down.
Wages to turnover, 90%, just wow.
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