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I think he might be right regarding those people associated with most clubs in English top two divisions, but only because they fear similar punishment.
Most in football (and beyond) would surely wonder how a club NEVER out of the PL could lose over £1M over 3 years, yet alone the £1.24M Everton have lost.
I keep reading that the overspend is on the new stadium. So what! Tt's still the same business. Ask every other club that has built new stadia in recent years, and then struggled on the pitch for results.
Sadly just reflects how ridiculous finances in football (and this country as a whole) have become.
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