Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Everton, Forest face points deduction after being charged for breaching Premier League spending rules

Nottingham Forest and Everton face a points deduction after the clubs have been charged by the Premier League for a breach of their profitability and sustainability rules (PSR), the league said on Monday.

Everton have already been handed a separate 10-point deduction this year over their finances in the 2020-21 season, which meant they fell into the relegation zone.

Both clubs have now been referred to the chair of the Judicial Panel, the Premier League said, who will appoint an independent commissions to determine the appropriate sanction.

According to the Premier League's Financial Fair Play regulations, clubs are permitted to lose a maximum of 105 million pounds ($133.63 million) over a three-year period.

"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," Everton said.

The Merseyside club have filed an appeal against their initial points deduction, which they labelled "wholly disproportionate and unjust".

Forest, who have not previously run afoul of the regulations, become the third club to have been charged by the Premier League, following Everton and champions Manchester City.

"The club intends to continue to cooperate fully with the Premier League on this matter and are confident of a speedy and fair resolution," Forest said in a statement.

The East Midlands club were in the second-tier Championship until 2022, where clubs are permitted a maximum loss of 39 million pounds across three seasons, or 13 million pounds per season, meaning their permissible losses over the last three campaigns would add up to 61 million pounds.

Upon their

Read more on channelnewsasia.com
DMCA