pwshub.com

Everton 'under investigation over alleged £6.5m PSR breach'

Everton are reportedly at risk of beginning the Premier League season with yet another points deduction.

The Toffees were hit with a staggering 10-point deduction for breaching the Premier League's profit and sustainability rules (PSR) last November for an infraction in the 2021-22 season.

The deduction was slashed to six points after an appeal, only for Everton to be docked two further points in April for overspending in the 2022-23 campaign.

All up, Everton were deducted eight points over the course of the season but managed to avoid relegation thanks to a 15th-place finish.

However, Everton may have fallen foul of PSR once more.

Everton could face a third points deduction to start the 2024-25 Premier League season

According to The Sun, the Premier League believes Everton went out of the PSR parameters by another £6.5million in the 2022-23 season.

The club had already overspent by £16m that season due to interest payments on their new stadium.

But the report claims the Premier League allegedly believes Everton spent more than the £16m figure due to those interest payments on the Bramley-Moore Dock site not being included in the expenditure.

An independent commission has already thrown out the Premier League's claim Everton's £17m in interest payments should be included in their PSR losses.

However, the commission - who also handed down Everton's second points deduction last season - will take a second glance at the alleged £6.5m payments as it could be evidence of yet another PSR breach.

Although Everton and the Premier League are pushing for a resolution as soon as possible, the commission has not provided any answers on when or what the verdict may be.

The Premier League believe the £6.5m in question should be factored into the club's expenditure given it was spent on everyday costs of keeping the club going.

But Everton will refute those claims, insisting costs associated with a stadium do not factor into PSR estimations.

The Toffees were deducted a total of eight points over the course of the 23-24 season

Sean Dyche's side managed to stave off relegation and managed to finish in 15th place

Commencing the new Premier League campaign with a two-point deduction will not be what Everton boss Sean Dyche had in mind.

The club has had a mixed bag of results in pre-season, with just one win and two draws from five games.

Dyche must also cope with the departure of imposing midfielder Amadou Onana who moved to Aston Villa for £50m in July.

Everton have made four signings so far, including Senegalese attacking midfielder Iliman Ndiaye's arrival from Marseille while Irish centre-back Jake O'Brien joined from Lyon.

Source: dailymail.co.uk

Related stories
5 days ago - In an anonymous conference room at an undisclosed location, the most significant legal case football has ever known is about to get under way, with Manchester City's credibility at stake.
1 month ago - Manchester City are set to learn the outcome of their separate legal case against the Premier League's associated party transaction rules in the next two weeks, according to reports.
3 days ago - Manchester City will fight to avoid potential expulsion from the Premier League for financial breaches as sport's "trial of the century" begins on Monday.
1 month ago - JAMES SHARPE: As ever a raft of new and exciting players will showcase their skills on the world's biggest stage, with some promising talents, including the likes of Joshua Zirkzee.
1 month ago - Last season, Everton were sanctioned twice by the Premier League for falling foul of their financial restrictions, with the Toffees being deducted a total of eight points for two separate charges.
Other stories
1 hour ago - After a dull first period, Arteta 's side faced an early second-half concession when the referee awarded the home side a penalty following a challenge from Thomas Partey on Ederson .
1 hour ago - ISAAN KHAN IN BERGAMO: Mikel Arteta hailed David Raya's miraculous double save as 'one of the best I've seen in my career' with Arsenal rescuing an unlikely point against Atalanta.
1 hour ago - With an exquisite piece of footwork in the build-up to the second goal in a 4-0 win at Feyenoord, the Nigeria striker earned the praise of his teammates - and plenty of fans on social media.
1 hour ago - Matches across Europe were criticised for lacking jeopardy with teams knowing they still have another seven games to play, with only 12 of the 36 clubs eliminated at the league phase.
1 hour ago - Emmanuel-Thomas, a 33-year-old striker, had been playing for Scottish Championship side Greenock Morton, but the club had confirmed his contract has now been terminated.