Premier League charge Everton and Nottingham Forest for breaking spending rules

A nightmare season for Everton. After they assembled a nice squad and finally got a proper coach who will not flirt with relegation, Sam Dyche’s team is again fighting for survival. But, this time it’s connected with off the field activities and their bad business decisions, for which they were punished with a 10 points deduction earlier in the season. And now, they are hit with another fine, as the Premier League today charged both Toffies and Nottingham Forest with breaking Premier League spending rules.Club Statement. pic.twitter.com/iFgMCpsR5G— Everton (@Everton) January 15, 2024 “Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are in breach of the League’s Profitability and Sustainability Rules (PSR). This is as a result of sustaining losses above the permitted thresholds for the assessment period ending Season 2022/23. In accordance with Premier League Rules, both cases have now been referred to the chair of the Judicial Panel, who will appoint separate Commissions to determine the appropriate sanction. Commissions are independent of the Premier League and member clubs. The proceedings are heard in private with the Commissions’ final decisions made public on the Premier League’s website. The League will make no further comment until that time” the Premier League said in a statement.Disappointment on both sides – the first goalless draw of Emery’s Premier League careerAs stated many times before, all Premier League clubs have to comply with Profit and Sustainability Regulations (PSR) which state they cannot lose more than 105 million pounds in a three-year period. This sum only applies to the Premier League, while for example in the Championship, the figure is only 39 million. And the other club charged with Everton is Nottingham Forest, who were in the second league during the three year period, so a different sum is reserved for them. Their permitted losses were at a lower level of 61 million, and they signed a staggering 43 players since they won the play-off final in May 2022. According to an unofficial report, part of Forest’s defence is now likely to involve the sale of Brennan Johnson to Tottenham for 47.5 million pounds in August.BREAKING: Everton and Nottingham Forest facing points deductions charged by Premier League with breaching profit and sustainability rules. Second charge this season for Everton who were docked 10 points in November.— Martyn Ziegler (@martynziegler) January 15, 2024 Both clubs released statement in which they ‘acknowledged the statement from the Premier League’ but Everton is more furious, since this is their second charge in a matter of months. They will also appeal to the second charges, as they were against the first.“The Club must now defend another Premier League complaint which includes the very same financial periods for which it has already been sanctioned, before that appeal has even been heard. The Club takes the view that this results from a clear deficiency in the Premier League’s rules. Everton can assure its fans that it will continue to defend its position during the ongoing appeal and, should it be required to do so, at any future commission – and that the impact on supporters will be reflected as part of that process” said the Toffies in a statement.##NAJAVA_MECA_7797074##

Powered by Live Score & Live Score App