The Premier League has rejected a request from a number of clubs to fast-track the alleged financial breaches of Everton. The Premier League, in response, stated that the disciplinary proceedings must adhere to stringent due process, rejecting those demands. The independent commission that is reviewing the matter will determine the timeline. However, it is almost certain that any punishment (which can include a points deduction) would be meted out after this season, therefore Everton’s fight against relegation won’t be impacted. Everton adamantly maintains that they did nothing illegal. Everton was penalized by the Premier League in March for violating the profit and sustainability regulations for the three-year window ending in 2022, but the league has made no more statements since.
The autonomous nature of the Premier League’s disciplinary procedure, which is unaffected by the actions of individual teams or league officials, is essential. Since there is no precedence for such a probe being finished, it is unknown how long Everton’s case will take. A month before Everton, Manchester City was accused of identical offenses in February for allegedly breaking financial regulations from 2009 to 2018. But once more, there is no scheduled date for that independent hearing. At the time, City claimed they were “surprised” by the accusations and were looking forward to establishing their innocence.
Everton has been assessed for four seasons, from the beginning of 2018–19 to the conclusion of 202–21. Over the previous three years, Everton lost £371.8 million. According to Premier League rules, teams may lose up to £105 million during a three-year period. Clubs who violate the Financial Fair Play regulations of the Premier League risk fines or point deductions.
“The club vigorously refutes the claim of noncompliance and is completely sure, together with its independent team of specialists, that it continues to adhere to all financial laws and regulations,” Everton said in a statement. “Everton is ready to vehemently argue its case before the commission. Over a number of years, the club has given the Premier League information in an honest and open manner, and it has made a conscious decision to always behave in good faith.”
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