In a new tirade, the owner attacks the Premier League as “fraudulent” in light of Everton’s situation.
Following the accusations made against Everton and Nottingham Forest, John Textor, a part-owner of Crystal Palace, launched a fresh tirade against the Premier League and its profit and sustainability policies.
The American owner insisted that the owners should have the freedom to do as they like and questioned how the Premier League could deduct points for owners’ expenses when it is their money.
He continued by insisting that the regulations prioritize maintaining the size of the larger clubs relative to their smaller counterparts, with an emphasis on income ratio as opposed to profit and loss, rather than sustainability.
Textor blasted, as reported by The Times on February 29: “It’s obvious that they’re designed to ensure that clubs that don’t generate a lot of income can never catch up.
“You’re not allowed to spend money, even if you have a billion dollars in cash in a wheelbarrow. Does that even make sense?
“Marinakis [the owner of Forest] has more than enough money to support his team, yet he cannot. Someone comes along and docks him points if he spends too much and gives in to what the supporters want? That is incorrect.
“To say that financial fair play is about sustainability is a fraud of a term.” The problem of sustainability is a hoax. The quality of your balance sheet, not ratios compared to your profit and loss, should be the focus of sustainability. In reality, nobody finds that to be logical.
Everton may ignite anger directed towards the Premier League.
There seems to be a shift occurring among the English football premier league clubs. Plenty of outrage is starting to stir, given the ramifications of the Everton points deduction and the accompanying appeals process.
Sam Allardyce and Jeff Stelling, two former managers and analysts, have recently voiced their disapproval of the Premier League and the manner in which they have conducted themselves thus far this season.
Although generally amiable at meetings between the clubs, Textor is not the first club executive to take aim at the Premier League; one club official earlier criticized CEO Richard Masters for his poor leadership and lack of vision.
A corner flag for Everton at Goodison Park
This season, Goodison Park has seen a great deal of controversy.
It wouldn’t be shocking to hear more in the near future given the growing tensions between clubs and the league and the ongoing reports of additional worries raised during the PSR case decision-making process following the Everton ruling.
A significant new 777 Partners issue has surfaced in other Everton news.
