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Everton deducted 10 points for breach of Premier League financial rules
Everton deducted 10 points for breach of Premier League financial rules
Everton have been deducted 10 points by an independent commission after being found to have breached Premier League financial rules. The league referred Everton to the commission in March for an alleged breach of its profitability and sustainability rules in the period ending in the 2021-22 season. The rules allow clubs to lose a maximum £105million over a three-year period or face sanctions. Everton issued a statement confirming their intention to appeal against the sanction. The Premier League said in a statement published on its official website: “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 £124.5million, as contended by the Premier League, which exceeded the threshold of £105million 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.” Everton said they were “shocked and disappointed” by the sanction imposed by the commission. “The club believes that the Commission has imposed a wholly disproportionate and unjust sporting sanction,” the Toffees statement read. “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.” Read More Exeter captain Poppy Leitch hoping for more progress during inaugural PWR season Street Child Cricket World Cup gives youngsters chance to shine Wales v Armenia: Key talking points as Rob Page’s side face crunch qualifier Athletics’ move from Oakland to Las Vegas approved by MLB owners On This Day in 2013: David Haye has to rethink his plans Cincinnati Bengals lose Joe Burrow as they go down to Baltimore Ravens
2023-11-17 20:46
Brazil's economy enters negative territory in Q3, shows central bank data
Brazil's economy enters negative territory in Q3, shows central bank data
BRASILIA (Reuters) -The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a
2023-11-17 20:45
Kenya plans 40% police pay rise over three years
Kenya plans 40% police pay rise over three years
The salary boost is designed to increase morale as well as tackle corruption and improve security.
2023-11-17 20:29
Latin Grammys 2023: Shakira and Karol G come out on top
Latin Grammys 2023: Shakira and Karol G come out on top
The ceremony which celebrates achievement in the Latin music industry has taken place in Spain.
2023-11-17 20:29
The best Premier League players of all time - ranked: 10-1
The best Premier League players of all time - ranked: 10-1
Thierry Henry, Cristiano Ronaldo and the top ten best players in Premier League history - ranked.
2023-11-17 20:28
Roundup: Shakira At the Latin Grammys; A's Are Moving to Las Vegas; Ronald Acuna, Shohei Ohtani Win MVPs
Roundup: Shakira At the Latin Grammys; A's Are Moving to Las Vegas; Ronald Acuna, Shohei Ohtani Win MVPs
Shakira at the Latin Grammys, the A's are officially moving to Las Vegas, Ronald Acuna and Shohei Ohtani win MVP Awards and more in the Roundup.
2023-11-17 20:26
A Swedish hydrofoil ferry seeks to electrify the waterways
A Swedish hydrofoil ferry seeks to electrify the waterways
Many cities around the world see clean and efficient public transport as a crucial way to lower their carbon emissions
2023-11-17 20:22
China to allow road trials of intelligent connected vehicles
China to allow road trials of intelligent connected vehicles
BEIJING China will allow road trials of some intelligent connected vehicles (ICVs) in designated city areas, the industry
2023-11-17 20:18
Camco Fund to Mobilize $1.6 Billion for Africa Power
Camco Fund to Mobilize $1.6 Billion for Africa Power
A UK-government backed renewable energy fund plans to mobilize $1.6 billion to help provide 16 million people and
2023-11-17 20:15
Sudan civil war: Darfur's Jem rebels join army fight against RSF
Sudan civil war: Darfur's Jem rebels join army fight against RSF
A rebel leader tells the BBC his forces will fight a paramilitary group accused of ethnic cleansing.
2023-11-17 20:15
Russia-Ukraine war – live: Kyiv adds to losses of Putin’s forces in ‘successful’ strikes along Dnipro River
Russia-Ukraine war – live: Kyiv adds to losses of Putin’s forces in ‘successful’ strikes along Dnipro River
Ukrainian troops have conducted a “series of successful operations” against Putin’s troops following a breakthrough on the eastern bank of the River Dnipro. In a statement, the Ukrainian Marines said they had established several bridgeheads across the river in the Russian-occupied part of Kherson region and were continuing to carry out operations. It comes as Russia intensified its strikes on Ukrainian ports overnight, including Odessa. The Ukrainian air force said it downed nine out of 10 Iranian-made Shahed drones over Mykolayiv and Odessa. Meanwhile, Ukraine forced Russia’s naval fleet to pull back in the eastern part of the Black Sea, president Volodymyr Zelensky has claimed. “For the first time in the world, it was in the Black Sea that a fleet of naval drones began to operate – a Ukrainian fleet,” Mr Zelensky wrote on Telegram. “I would also like to note that now – as one of the main results of our actions – Russia is unable to use the Black Sea as a springboard to destabilise other regions of the world.” Read More David Cameron meets Zelensky in Ukraine in first visit as foreign secretary – and praises Boris Johnson In Russia, more Kremlin critics are being imprisoned as intolerance of dissent grows Russian court convicts a woman for protesting the war in Ukraine in latest crackdown on free speech Bombs, betrayal and burying loved ones: Plight of one Ukraine village illustrates toll of Russia’s invasion
2023-11-17 19:58
Vinicius Junior concerned by new injury; Real Madrid confirm Camavinga knee issue
Vinicius Junior concerned by new injury; Real Madrid confirm Camavinga knee issue
Vinicius Junior had a worrying injury update for Real Madrid fans after being forced off for Brazil.
2023-11-17 19:58
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