Home Sports Everton, Nottingham Forest charged for Premier League’s profitability and sustainability rules breach

Everton, Nottingham Forest charged for Premier League’s profitability and sustainability rules breach

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Everton, Nottingham Forest charged for Premier League’s profitability and sustainability rules breach

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Everton and Nottingham Forest were found guilty by the Premier League for breach of the Premier League profitability and sustainability rules (PSR) on Monday, January 15 according to reports in the British media.

Both clubs will reportedly have their cases referred to the chair of the judicial panel, who will appoint seperate, independent commissions to determine the appropriate saction.

The punishment could range from a fine, points deduction or other sporting sanctions. The Premier League has also said that both clubs have confirmed to them that they have breached the PSR for the assessment period ending in the 2022/23 season.

If found guilty, Everton find themselves being hit with a second points deduction during the season. The Toffees were handed a 10-point deduction in November of last year.

Everton and Nottingham Forest release statements

Everton and Nottingham Forest would release statements relating to the matter on Monday. The Toffees in their statement criticised a “clear deficiency” in the Premier League rules.

“The Premier League does not have guidelines which prevent a club being sanctioned for alleged breaches in financial periods which have already been subject to punishment, unlike other governing bodies, including the EFL. As a result- and because of the Premier League’s new commitment to deal with such matters “in-season” – the Club is in a position where it has had no option but to submit a PSR calculation which remains subject to change, pending the outcome of the appeal.”

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,” read the statement.

Forest would release a short statement on their website and stated that they will cooperate with the Premier League on the matter.

“Nottingham Forest acknowledges the statement from the Premier League confirming that the club has today been charged with a breach of the league’s Profitability and Sustainability Rules.”

“The club intends to continue to cooperate fully with the Premier League on this matter and are confident of a speedy and fair resolution,” read the statement.

Published On:

Jan 15, 2024

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