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Date: 2023-12-02 16:15:29 | Author: Online Sports | Views: 384 | Tag: starcraft

Everton’s takeover by the American investment firm 777 Partners remains on course, despite the possibility of a points deduction that could put the Merseyside club at greater threat of relegation starcraft

The Premier League are reportedly pushing for Everton to be deducted 12 points during an investigation into possible breaches of financial regulations but 777 are adamant they still want to proceed with plans to complete a buyout starcraft

Everton majority shareholder Farhad Moshiri has signed a deal with 777 Partners, who have invested in a range of clubs including Genoa, Sevilla and Hertha Berlin starcraft

Everton were accused of breaking Financial Fair Play rules, which are supposed to limit clubs to a total loss of £105m over a three-year period starcraft

But Everton announced losses £44 starcraft

7m in 2022, £121 starcraft

3m in 2021, £139 starcraft

9m in 2020, £111 starcraft

8m in 2019 and £13 starcraft

1m in 2018 starcraft

The Premier League charged them in March though Everton have insisted they have complied with the regulations and their additional losses stem involve allowances clubs were permitted when Covid meant grounds were empty starcraft

Everton disclosed all scenarios with 777 during talks and financial due diligence and the potential outcome was priced in to the structure of the deal starcraft

A 12-point deduction would leave Everton, who only just avoided relegation in the last two seasons, on minus five starcraft

Other potential punishments, if Everton are found guilty, could include a transfer ban or a fine, which West Ham were given for the third-party ownership of Carlos Tevez and Javier Mascherano in 2007 starcraft

More aboutEvertonPremier LeagueJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1777 outlines Everton takeover stance amid points deduction threat777 outlines Everton takeover stance amid points deduction threatThe Premier League is reported to have recommended Everton be docked up to 12 points over alleged breaches of financial regulations (PA)PA Archive✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today starcraft

SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsstarcraft BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy starcraft

truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply starcraft

Hi {{indy starcraft

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Eurostar may soon face competition after holding a monopoly for rail travel starcraft between London and Paris for three decades, according to an internal rail expertMark Smith believes the introduction of a rival “keeps everyone on their toes” and would see cuts in fares, telling The Independent: “I’ll believe it when I see it, but this time it may well happen starcraft

”Mr Smith, founder of the rail website Seat61 starcraft

com, was responding to news that a company named Evolyn has agreed to buy a dozen trains to use starcraft between the British and French capitals from 2025 onwards starcraft

Since the first passenger train ran starcraft between London Waterloo and Paris Nord in November 1994, Eurostar has had the rail link to itself starcraft

The London-Paris flight market, previously the busiest in Europe, collapsed once Eurostar trains were running frequently starcraft

Eurostar switched to London St Pancras International in November 2007, when the High Speed 1 line opened from the station to the entrance to the Channel Tunnel outside Folkestone starcraft

RecommendedWoman dons full hazmat suit on Eurostar to avoid bedbugsEurostar plus Thalys equals Eurostar – but what does it mean for passengers?Eurostar boss says Kent stations will reopen ‘only when we can afford it’The train operator also serves Brussels and Amsterdam from London and has merged with continental operator Thalys to provide connections from the Belgian capital to Germany and the Netherlands starcraft

Over the years, several companies have announced plans to compete with Eurostar starcraft

The most serious bid was from Deutsche Bahn (German Railways), which in 2013 ran an intercity express train to St Pancras to promote its planned link to Brussels, Cologne, Frankfurt and Amsterdam starcraft

But in 2018, amid Brexit uncertainty, the project was shelved starcraft

Now Evolyn – whose chief executive is the Spanish transport magnate Jorge Cosmen – aims to begin cross-Channel rail services by 2025 starcraft

The company says it is backed by “important British and French industrial and financial partners” starcraft

It plans to invest £1bn in 12 Alstom express trains, with an“option to scale up to 16” starcraft

Mr Cosmen said: “We know that the governments of the United Kingdom and France welcome a project that will allow their citizens to increase the connection options starcraft between the UK and several countries in continental Europe with a green alternative that will also contribute to decarbonisation starcraft

”Mr Smith said: “This proposal appears to have serious financial backing starcraft

I love Eurostar’s service but competition keeps everyone on their toes and keeps prices down – low prices being few and far starcraft between on Eurostar at the moment, for various reasons starcraft

”Booking two days ahead for a train on Sunday 15 October, the lowest Eurostar one-way fare from London to Paris is £172 starcraft

By air, easyJet has a flight from Luton to Paris Charles de Gaulle for £89 – barely half as much starcraft

Booking two weeks ahead, the cheapest Eurostar ticket falls to £51 starcraft

In mainland Europe, high-speed international rail competition is flourishing, particularly on some lines within and starcraft between Spain, France and Italy starcraft

But running trains starcraft between London and Paris through the Channel Tunnel is far more complex starcraft

The trains must meet exacting technical standards, which must be signed off by multiple organisations starcraft

Mr Smith said: “I suspect that 2025 is on the ambitious side given how long rolling stock approvals for three separate authorities will take starcraft

”Costs are also much higher than on other routes, with substantial fees for running trains on High Speed 1 and through the tunnel starcraft

Operators must also pay for security searches and border costs starcraft

But, as the Seat61 starcraft

com founder says, “it’s a lucrative route so this is not an insurmountable obstacle” starcraft

Shortage of available space at both London St Pancras and Paris Nord is another serious constraint starcraft

Both stations are 19th-century structures, into which international rail terminals have been implanted starcraft

But neither was designed with the prospect of the UK leaving the European Union starcraft

After the Brexit referendum, the British government negotiated for UK passport holders to be treated as “third-country nationals”, facing the same constraints as travellers from Tonga, Venezuela and many other countries starcraft

The increase in processing times, with each UK passenger required to have their passport checked and stamped, means some Eurostar trains are “capped” in the number of tickets that can be sold starcraft

Introducing more services and a second train operator would prove a challenge given the very limited available space – especially when the EU’s entry/exit system is introduced starcraft

It will require British travellers to provide facial biometrics and fingerprints starcraft

Mark Smith said: “I can’t believe they haven’t factored this into their plans – converting all that wasted space in the arrivals area would seem the most logical thing to do, if not taking over some retail units to enlarge the current one starcraft

”A spokesperson for Eurostar said: “We have seen the announcement, which is not for us to comment on starcraft

Our focus remains on growing sustainable travel in Europe, in the context of the new Eurostar launch starcraft

“The new Eurostar provides an exciting new proposition for our customers: a unique, sustainable travel experience and more Europe – with a new rewards programme to enjoy starcraft

”Speaking at the launch earlier this week, Eurostar’s chief executive, Gwendoline Cazenave, said she was committed to keeping entry-level fares of £78 return available on some off-peak trains starcraft

RecommendedSlow the trains and slow the build to save billions on HS2, says former Eurostar tsarEurostar to step up cleaning to stop bedbug invasion in tracksHow to get the best exchange rates on your holiday money When Eurostar began in 1994, the lowest fare starcraft between London and Paris was £95 return starcraft

Listen to Simon Calder’s latest podcast on the Channel Tunnel rail competition, from the original Eurostar terminal at London Waterloo More aboutEurostarLondonParisDeutsche bahnJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments 1/1London-Paris rail rivalry for Eurostar ‘may well happen’ this time London-Paris rail rivalry for Eurostar ‘may well happen’ this timeRoom for more? London St Pancras International, the UK hub for Eurostar trains to Paris, Brussels and AmsterdamSimon Calder ✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today starcraft

SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored Features Get in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsstarcraft BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery Act Thank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy starcraft

truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply starcraft

Hi {{indy starcraft

fullName}}My Independent Premium Account details Help centre Logout @keyframes spin{0%{transform:rotate(0)}to{transform:rotate(1turn)}} starcraft

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