|Everton Football club has suffered a ten-point deduction following allegations of financial misappropriation but the club insists on appealing the sanction. (Photo credit: EFC)|
Everton was docked ten points in the course of the week for what the FA described as a breach of “financial process”, leaving them rock bottom on the Premier League log.
In fact, Everton is only above Burnley on goal difference after the deduction of the ten points, and you wonder where they go from here. The rule is the rule, and if they’re indeed guilty, they must face the music, but what about the likes of Manchester City and Chelsea?
Unpacking Everton’s offense, the FA released a statement to address the public: "During the proceedings, the club admitted it was in breach of the PSRs for the period ending season 2021–22, but the extent of the breach remained in dispute."
"The Commission determined that Everton FC's PSR calculation for the relevant period resulted in a loss of £124.5 million ($154.7 million), as contended by the Premier League, which exceeded the threshold of £105 million permitted under the PSRs."
While Everton is cock sure they haven’t done anything wrong and they will appeal the decision, most people are eyeing a potential disciplinary action against the duo of Chelsea and Manchester City, who are also under the microscope.
"Everton maintains that it has been open and transparent in the information it has provided to the Premier League and that it has always respected the integrity of the process," a club statement reads.
"The club does not recognize the finding that it failed to act with the utmost good faith, and it does not understand this to have been an allegation made by the Premier League during the course of proceedings.
"Both the harshness and severity of the sanction imposed by the Commission are neither a fair nor a reasonable reflection of the evidence submitted." The statement continues by labeling the sanction “wholly disproportionate and unjust.”
Chelsea was banned from all transfer dealings three years ago, and no verdict has been reached yet on the case of the Premier League champions. However, Everton has said the club will monitor with keen interest to see how similar cases are being treated in the future.