Everton face another points deduction THIS SEASON if club are found guilty of new rule break
EVERTON could potentially be docked MORE points THIS SEASON due to another alleged breach of Premier League’s profit and sustainability rules.
The Toffees are already reeling after they were deducted ten points for breaching profit and sustainability rules.
That penalty saw them drop from being comfortable in mid-table to the relegation drop zone.
And now further punishment could be on the way after it was confirmed that a new breach of the rules should be dealt with by the end of May.
Everton were hit with the ten point penalty by an independent commission after it was ruled that they broke Premier League’s financial rules, which allow for losses of no more than £105 million over three seasons.
The Blues are currently preparing to submit their accounts from the 2022/23 campaign, with clubs now having to do so by December 31 instead of the previous March deadline.
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Now, under the new regulations introduced last summer, straightforward breaches of financial rules must be fast-tracked in order for them to be dealt with before the end of the campaign.
Now The Times claims that there “are fears that if the same calculation system is used, Everton could find themselves sailing close to the wind again”.
The case that led to their original punishment was centred on the interest payable on the loans taken out to build their new Bramley-Moore Dock stadium.
The Goodison Park outfit calculated that they had £18 million headroom but then at a pre-hearing on October 4, after reviewing evidence from the Premier League, they acknowledged that they had overspent by £7.9m after accepting a different interpretation of accounting practices.
Burnham urged the sanction on Everton to be abandoned as there was not an agreed tariff of sanctions in place before the club was charged. He said: “I would say the process should be declared null and void because of the regulatory malpractice of introducing new rules in the middle of a process.”
She also stated that Burnham’s accusation that the Premier League is using the Everton case to prove it can regulate itself prior to the introduction of an independent football regulator was false.
More to follow…
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