Everton is on the verge of cutting points again, Manager Max Roe |
Posted: January 18, 2024 |
British media 'BBC' reported on the 17th, "Everton coach Sean Dyche said it was "difficult to accept" after the club was indicted again for violating the Premier League's FFP rules." The Premier League officially confirmed on its official website on the 16th that "the two clubs, Everton and Nottingham Forest, respectively, are violating the Premier League's profitability and sustainability regulations." Everton were handed 10 points off on Nov. 17 for violating the Premier League's profitability and sustainability rules this season. Everton were referred to an independent committee in March on charges of violations related to the 2021/22 season, and a hearing was held last October. Everton could have been fined or banned from transferring, but Everton quickly fell to 19th place as the Premier League confirmed the penalty of deducting points. The Premier League stated, "An independent committee imposed 10 immediate deductions on Everton FC for violating the Premier League's rules on profitability and sustainability PSR. The Premier League filed a complaint against the club and referred the case to an independent committee earlier this year. While the process was underway, the club admitted that it had violated the PSR during the end of the 2021/22 season, but the scope of the breach remained open to debate." They went on to say, "After five days of hearing last month, the committee determined that Everton FC's PSR calculation for the period resulted in a loss of 124.5 million pounds about W2011.11 billion, which exceeded the standard allowed under the PSR. The committee concluded that sports sanctions in the form of 10-point deductions should be imposed. These sanctions will take effect immediately," in a statement. All Premier League clubs are assessed annually for compliance with the competition's profitability and sustainability regulations. Compliance is assessed by referring to the club's PSR calculation, which is the sum of the pre-tax adjusted income during the assessment period. According to regulations, clubs allow losses of up to £105 million over three years, but Everton recorded losses of £370 million W597.8 billion between 2018 and 2021. Everton said in a statement in March that they are "fully confident" of complying with all financial rules and regulations. Everton have since appealed the decision, with the result expected in 2024. However, Everton are now facing the possibility of further point cuts. Since confirming his return to the top division in May 2022, Nottingham has spent around 250 million pounds about 421.2 billion won on recruiting new players, putting him at risk of financial violations. Meanwhile, Everton are facing financial problems under owner Fahad Mosiri, and their new 760 million-pound stadium is also vulnerable. Now, the Premier League website has released a new statement. They stated, "Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are violating the Premier League's rules on profitability and sustainability PSR. This is the result of continuing losses exceeding the allowed threshold during the evaluation period at the end of the 2022/23 season." They continued, "Under Premier League rules, both cases have now been referred to the chair of the judicial panel, which will appoint a separate committee to determine appropriate sanctions. The committee is independent from the Premier League and its member clubs. The process will be private, and its final decision will be made public on the Premier League website. The league will have no further comment until then." After the Premier League's statement, Everton also released a statement immediately. "Everton Football Club recognizes the Premier League's decision to refer violations of the Premier League's revenue and sustainability rules for the evaluation period ending in the 2022/23 season to the Premier League Commission," Everton said. They continued, "This is related to the period that includes the 2019/20, 2020/21, 2021/22, and 2022/23 seasons. Therefore, it includes the accounting period 2019/20, 2020/21, 2021/22 during which the club has already been sanctioned with 10 points. The club is currently appealing against the sanction," he added. They finally announced, "The club must defend against other Premier League complaints, including the same financial period that has already been punished, even before an appeal comes in. The club considers this an obvious flaw in Premier League rules. Everton can promise fans that during the ongoing appeal, and if necessary, any future committees will plead the club's position, and that its impact on supporters will also be reflected in the process." On the latest allegations, a hearing must be completed within 12 weeks, an appeal must be held before May 24, 2024, and the complaint must be settled before June 1. Sean Dyche was interviewed about the matter before the FA Cup third-round rematch against Crystal Palace. Sean Dyche said, "Over the past three or four seasons, Everton's net spending has been among the bottom clubs in the Premier League, and since I came here we have let the players move. We wanted to leave some players behind, but we couldn't. We have sold three young players in periods to keep the FFP rules in place. If we didn't have to follow the rules, we wouldn't have sold those young players." He continued, "I'm sure mistakes have been made over the past few years, but it's a natural part of football and player transfer. We've abandoned the idea of using capital and tried to do the right thing. It's hard to accept being at Everton for a year. It's a strange situation to be disciplined with 10 points, and we're still waiting for an appeal."
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