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Everton rocked by points deduction as Premier League takes stand over financial fair play
Everton rocked by points deduction as Premier League takes stand over financial fair play
Everton have been given a 10-point deduction after an independent commission found them guilty of breaching the Premier League’s financial fair play (FFP) rules. The club plan to appeal against what they regard as a disproportionate and “unjust” punishment and said they were “shocked and disappointed” by the decision and the sanction. But as it stands, Sean Dyche’s men will drop from 14th to 19th place in the Premier League table and be plunged into greater danger of relegation as they only stay above bottom side Burnley on goal difference. The Toffees become the first English top-flight club to receive such a punishment for falling foul of FFP guidelines. They are just the third club in the Premier League era to be deducted points for any reason: Portsmouth saw nine points taken away for entering administration in 2010 and Middlesbrough were slapped with a three-point deduction for illegally postponing a game in 1997 – both teams subsequently suffering relegation at the end of the season. A statement from the Premier League read: “An independent commission has imposed an immediate deduction of 10 points on Everton FC for a breach of the Premier League’s Profitability and Sustainability Rules (PSRs). “The Premier League issued a complaint against the club and referred the case to an independent commission earlier this year. During the proceedings, the club admitted it was in breach of the PSRs for the period ending season 2021-22 but the extent of the breach remained in dispute. “Following a five-day hearing last month, the commission determined that Everton FC’s PSR calculation for the relevant period resulted in a loss of £124.5m, as contended by the Premier League, which exceeded the threshold of £105m permitted under the PSRs. The commission concluded that a sporting sanction in the form of a 10-point deduction should be imposed. That sanction has immediate effect.” Last month, the Premier League had recommended a deduction of up to 12 points for the Toffees, as they urged the independent commission to impose a severe sanction. Everton responded in a club statement that said: “Everton Football Club is both shocked and disappointed by the ruling of the Premier League’s commission. “The club believes that the commission has imposed a wholly disproportionate and unjust sporting sanction. The club has already communicated its intention to appeal the decision to the Premier League. The appeal process will now commence and the club’s case will be heard by an appeal board appointed pursuant to the Premier League’s rules in due course. “Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process. “The club does not recognise the finding that it failed to act with the utmost good faith and it does not understand this to have been an allegation made by the Premier League during the course of proceedings. Both the harshness and severity of the sanction imposed by the commission are neither a fair nor a reasonable reflection of the evidence submitted. “The club will also monitor with great interest the decisions made in any other cases concerning the Premier League’s Profit and Sustainability rules.” Manchester City face 115 charges for allegedly breaching FFP rules in a case that has not yet been heard while Chelsea could also face charges relating to former owner Roman Abramovich’s reign. Everton had announced a total loss of over £300m for the three-year period from 2019 to 2022, far above the £105m permitted. However, clubs were also permitted additional losses related to the Covid-19 pandemic and infrastructure costs are exempt, meaning there is a grey area in terms of interest payments on the costs of building Everton’s new stadium. Everton contend that that is where the discrepancy lies and that it is a matter of the interpretation of accounting. In addition, Everton had a £200m pre-agreement for a naming rights deal for their new Bramley-Moore Dock stadium with USM, Alisher Usmanov’s company, which they had to abandon after Russia’s illegal invasion of Ukraine in February 2022. Everton have willingly operated under a de facto salary cap since then. The Premier League provided the club with financial guidelines and Everton have a net profit of £28m from the last four transfer windows – the third largest, after Leicester and Brighton, in that time. The Independent has previously reported that an extra layer of political pressure was exerted by the anticipated introduction of an independent football regulator – as laid out by prime minister Rishi Sunak in the King’s Speech earlier this month – with other figures in the sport believing the Premier League is attempting to show the government it can regulate itself. Eyes will now turn to Burnley, Leeds United and Leicester City, who had threatened to sue the Merseyside club for financial losses should they be found guilty of an FFP breach. Read More Watch: Everton CEO responds to Premier League after point deduction Everton vow to fight to ‘unjust’ Premier League points deduction Victor Lindelof: Scoring more goals is next step for Manchester United Sean Dyche: Everton are starting to show belief on the road after latest win Everton edge Crystal Palace in five-goal thriller On this day in 2014: David Moyes appointed Real Sociedad head coach
2023-11-17 22:27
Illinois appeals court to hear arguments on Jussie Smollett request to toss convictions
Illinois appeals court to hear arguments on Jussie Smollett request to toss convictions
An Illinois appeals court will hear oral arguments Tuesday that the panel should toss Jussie Smollett's convictions for staging a racist, homophobic attack against himself and then lying about it to Chicago police
2023-09-12 12:28
Baseball writers association defends journalist who reported Orlando Arcia's gloating
Baseball writers association defends journalist who reported Orlando Arcia's gloating
The BBWAA has chosen to support writer Jake Mintz, who faced criticism for reporting comments made by Orlando Arcia in the clubhouse. Mintz is now receiving the defense he deserves.
2023-10-14 00:16
South Africa survive Argentina onslaught in Rugby Championship win
South Africa survive Argentina onslaught in Rugby Championship win
South Africa survived a second-half Argentina onslaught to win 22-21 in Johannesburg on Saturday and finish Rugby Championship...
2023-07-30 02:19
Tupperware shares are up 140% this week as meme stock mania takes hold
Tupperware shares are up 140% this week as meme stock mania takes hold
The meme traders are back. Shares of Tupperware have exploded by about 140% this week and nearly 300% over the last month for no discernible reason.
2023-07-29 02:24
Ben Affleck and Jennifer Lopez buy $60M luxury mansion in Beverly Hills after 2 years of house hunting
Ben Affleck and Jennifer Lopez buy $60M luxury mansion in Beverly Hills after 2 years of house hunting
The property was first put up for sale in 2018 for $135M and was relisted this year for $75 million
2023-06-01 17:28
No. 4 Michigan State beats Southern Indiana 74-51, bounces back from losing opener to James Madison
No. 4 Michigan State beats Southern Indiana 74-51, bounces back from losing opener to James Madison
Tyson Walker scored 14 points and No. 4 Michigan State bounced back from a surprising loss in its season opener to beat Southern Indiana 74-51
2023-11-10 10:47
Manchester United enter another moral maze as Antony return poses questions
Manchester United enter another moral maze as Antony return poses questions
A winger is returning to training with Manchester United. He will be available for selection: not against Crystal Palace on Saturday but soon. It is not Jadon Sancho but Antony, who has been on a leave of absence after three women accused him of assault. If Erik ten Hag was confronted with the question of whether he is guilty of double standards, in bringing back his own biggest buy but not a player who criticised him on social media, he emphasised the differences in his answer. “Those issues are nothing to do with each other,” he said. “One is internal, the other one is external.” Which is correct up until a point. There could also seem a simpler solution to the internal affair: should Sancho apologise to Ten Hag, perhaps he would be welcomed back into the fold. Instead, his exile seems indefinite. Meanwhile, Antony has sat out four games, will miss a fifth but could be back in contention soon afterwards, opening up the possibility of a return against either Galatasaray on Tuesday or Brentford next weekend. Ten Hag expects the Brazilian to be physically fit. The issue instead is if he is mentally ready to play. “I can’t tell at the moment; first he has to be back,” the Dutchman said. “I have spoken to him but that doesn’t give the impression how he is; how his mental status is.” Others may argue that such concerns should also be expressed for Gabriella Cavallin, his former girlfriend, and Rayssa de Freitas and Ingrid Lana, who also made serious accusations against him. In each of their club statements, United have stressed that they condemn abuse of and violence towards women. Meanwhile, Antony has repeatedly insisted he is innocent. He returned to the UK from his native Sao Paulo this week and was voluntarily interviewed by Greater Manchester Police on Thursday, just as he had spoken to their Brazilian counterparts in June. So far, he has not been arrested, bailed or charged. United have said they will review developments, meaning his situation could change. Brazil opted to withdraw Antony from their squad earlier this month in light of an interview Cavallin gave; later that week, United, who had initially merely “acknowledged” the accusations then put him on a leave of absence a few days afterwards. Now their decision would seem to be that, without him being charged and barring new revelations, their timescale will not be determined by two police forces. Neither has yet officially said that they will not bring charges; if there is the prospect that no such announcement might come from Brazil for months or years, Antony might have lingered in limbo and United been deprived of an £86m signing. There is the principle of innocent until proven guilty. It matters and would render Antony available to do many another job. But there is also the reality that playing for United is not just another job, the context of Mason Greenwood’s situation and the fact that the club explored the possibility of bringing back another forward who was not convicted of a crime but whose behaviour many felt was unpleasant in the extreme. Antony, meanwhile, was accused of trying to throw a pregnant Cavallin out of a car, of punching and headbutting her. Earlier this month, the Female Fans Against Greenwood’s Return group described the allegations against Antony as “horrific” while the television presenter and United supporter Rachel Riley criticised the club for a lack of due diligence in signing the winger after a report had been lodged with police about him. It remains to be seen what kind of reception Antony receives when he takes the field: within Old Trafford and from the wider United fanbase, inside and outside grounds. Picking him again could be a divisive move. Ten Hag has not entered the moral argument but from a footballing perspective, he seems to want to call upon Antony. Rewind a couple of months and it may have seemed that United’s three best options on the right wing would be Antony, Greenwood and Sancho. In the last four games, with none available for reasons unrelated to injury or illness, United first played without a right winger – when their lack of width was exploited by Brighton, whose left-back Tariq Lamptey got two assists – and have used the rookie Facundo Pellestri there twice, including away at Bayern Munich, and the captain Bruno Fernandes there at Burnley, where he got the winner. The assumption now must be that Antony will soon reclaim his position. Not for the first time at Old Trafford of late, United are trying to navigate their way through a moral maze. It is far from certain they have taken the right turn. Read More Man United allow Antony to resume training despite assault investigations Jadon Sancho ‘not important’ and ‘cannot contribute’ for Manchester United says manager Erik ten Hag Man Utd star Antony arrives back in UK to ‘face police over abuse allegations’
2023-09-30 15:57
MLS: What You Need To Know For The Fourth of July Weekend
MLS: What You Need To Know For The Fourth of July Weekend
It’s America's favorite time of year (besides Christmas maybe) and MLS has put together a red-hot slate for us to enjoy on Saturday and Sunday. Some of the nation’s best players are facing off in matches that could be future conference championship matchups. The first and second-pla...
2023-07-01 22:24
Paul Finebaum has massive warning for USC's remaining season
Paul Finebaum has massive warning for USC's remaining season
USC barely survived against Arizona in triple overtime, prompting Paul Finebaum to make a declaration about their hopes of competing for a national title.
2023-10-09 08:51
US Army, Marine heads approved amid abortion standoff
US Army, Marine heads approved amid abortion standoff
The US Senate confirmed two generals as the new heads of the Army and Marine Corps on Thursday, filling senior military posts left open due to a lawmaker's...
2023-09-22 03:29
Pakistan arrests 129 Muslims after mob attacks churches and homes of minority Christians
Pakistan arrests 129 Muslims after mob attacks churches and homes of minority Christians
Police say they have arrested more than 100 Muslim rioters from an area in eastern Pakistan where a Muslim mob angered over the alleged desecration of the Quran by a Christian man had attacked churches and homes of minority Christians
2023-08-17 14:54