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Independent panel handed Everton The club was penalized by two points on Monday after it violated the Premier League’s Profit and Sustainability (PSR), the second point deduction the club had suffered this season.
Premier League regulations stipulate that a club can lose no more than £105 million ($132.54m) over a three-year period.
“Over a three-day hearing last month, the independent Commission heard evidence and arguments from the club in respect of a range of potential mitigating factors for its admitted breach of £16.6million, including the impact of its two successive PSR charges,” the Premier League made a public statement.
After analyzing the situation, the Commission decided that a 2-point deduct would be the most appropriate sanction. This deduction will take place immediately.
Everton has dropped two places in the Premier League standings, to the 16th position.
Everton has announced their announcement in a press release The club has already begun preparing to appeal and is concerned about the inconsistent application of point deductions by different commissions.
Everton already had a point deducted from their score this year for an earlier PSR infraction. The club was initially Reduction of 10 points The penalty was imposed in November, by an independent panel. Reduction to six points Appeal.
Merseyside Club was Charged for a Second Violation In January, the relegation fight continues with other relegation fighters Nottingham ForestAs punishment, in March he was docked four points.
According to the report of an independent commission, Forest was charged with a crime that warranted six points but this penalty was lowered to only four after mitigation. This included a timely plea as well as meaningful cooperation in the investigation.
Forest, following their promotion to the Premier League at the end 2021-22 of the season, broke the record in summer transfers for a Premier League team. They completed 21 different deals.
Manchester City Since the City Football Group in Abu Dhabi acquired the club, more than 100 allegations of financial violations were referred to a commission.
Richard Masters, the Premier League’s chief executive officer, confirmed that a date had been fixed for an hearing in City’s matter but refused to disclose it.
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