The Premier has accused Everton of breaching Financial Fair Play

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The Premier League referred Everton to an independent commission for alleged breaches of Financial Fair Play regulations last season. The body that governs the league championship in England did not offer further details.

For their part, Everton expressed their disappointment at the decision through a statement. “The club strongly denies the allegation of non-compliance and, together with its independent team of experts, is fully convinced that it continues to comply with all financial rules and regulations,” the note read.

“Everton is prepared to vigorously defend its position before the commission,” the statement continued. “The club has, for a number of years, provided information to the Premier League in an open and transparent manner and has consciously chosen to act in the utmost good faith at all times.”

courting with inferiority

Everton were saved from relegation last season and finished in 16th place, while this year he is again immersed in the fight for permanence and currently in 15th placer of the Premier, but only two points behind West Ham, third from last,

Under Premier League rules, clubs can register a maximum loss of 105 million pounds (119 million euros) over three years, although due to the Covid-19 pandemic this regulation has been relaxed.

Everton have posted total losses of almost £372m over the past three seasons. But the Liverpool club, owned by a British-Iranian tycoon Farhad Moshiriattributes at least £170m to the impact of the pandemic.

Source: La Verdad

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