Summary
- Everton verdict: The Premier League has docked Everton 10 points for breaching its profit and sustainability rules. Everton is the first club to be punished for breaking financial fair play rules.
- City and Chelsea cases: Manchester City and Chelsea are also under investigation by the Premier League for alleged financial wrongdoing. They face more severe charges and potential sanctions, including relegation.
- Premier League’s stance: The Premier League is keen to enforce its rules and regulations and deter clubs from circumventing them. It also wants to retain some of its regulatory powers amid the prospect of an independent regulator.
- Everton’s appeal: Everton has said it will appeal against the verdict and the finding that it failed to act with the utmost good faith. However, experts believe it is unlikely to succeed.
- Other clubs’ claims: Leeds, Leicester, Burnley and Southampton have 28 days to inform the commission if they want compensation from Everton. They are not allowed to take separate legal action through the courts.
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Something tells me Manchester City will not suffer any consequences, they’ve gotten away with so much already
I don’t get how the other clubs can take legal action. Everton certainly didn’t comply how they should have but sumbitted accurate books the year of and have been working in good faith and the PL is deciding now it’s suddenly not up to standard, sounds like the clubs should take action against the PL for their indecision and the precedent that they set.
