story going round of 12 pt deduction by PL

Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.

I suppose the 2 big questions are -

Will a 12 point deduction leave them in such a mess that relegation becomes unavoidable -

Will any deduction (12 points or otherwise) be enough to satisfy the 3 clubs that are suing Everton for FFP irregularity & the money that it cost them because they were relegated instead of Everton

& will any deduction (12 points or otherwise) lead to the breakdown of the new ownership deal (777 Or whoever it is)

I'll believe when I see it. Didn't see any twelve point deduction for any of the other teams that were in flagrant breach. All Everton need are Man City's Lawyers - if they can afford them. How many charges? Oh yes.

Red and Blue Army!

Much as I would like to see Everton relegated, I think FFP is wrecking the integrity of our professional leagues.
Either we have a system of independently-owned clubs, or we go for a US/Aus style franchise system. If the former, then if a club wants to risk bankruptcy by spending more than it can generate in income, let them go ahead. It might pay-off or they might go bust. Either way, it's no business of anyone else than the club itself.
Docking points because accountants don't like what you've done has nothing to do with football.

I think Steve Parish is suggesting a simplified change with a ceiling cap. I'm not sure how it exactly works but my suggestion is that clubs are only allowed to spend X each season on transfers and wages regardless of their turnover.

Palace would probably come nowhere near the limit whilst the top 6 would grumble because they are bumping up against it.

One more point