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Premier League clubs will start to lose points as the season progresses. Everton could be the first to suffer

Date: April 15, 2024 Time: 19:35:45

Premier League clubs will start to lose points as the season progresses. Everton could be the first to suffer

Polina Kuimova September 11, 2023, 08:30 Moscow time Audio version: Your browser does not support the audio element.

New financial fair play control regulations have entered into force.

At the end of last season, a fight for survival developed in the Premier League: a month before the end, nine teams had a chance of falling out of the championship. Among them was Everton, for whom documents were collected in March and presented to an independent commission accused of violating financial fair play rules in the 2020/2021 season.

The financial report published by the club for the period indicated a loss of £44.7 million ($55.5 million). The Premier League’s sustainability rules allow for losses of up to £105m over a three-year cycle, but the coronavirus was taking its toll, so the figures for the two seasons (2019/2020 and 2020/2021) were added together and they averaged However, this did not help Everton: between 2018 and 2021, the club recorded losses totaling 370 million pounds.

In May, Leeds, Southampton, Leicester and Nottingham Forest actively lobbied the league to quickly consider Liverpool’s case. This was beneficial for them, because if Everton were found “guilty”, points could be deducted from the club. Or be completely excluded from the Premier League. But the league rejected this request, with the text that disciplinary procedures must follow strict rules. The Everton case has not yet been examined; the trial is not scheduled until October.

everton fans

Photo: Julian Finney/Getty Images

Many clubs did not like this decision, so they turned to the league again, this time with the demand to change the rules. And they have been heard: from this season, any club accused of a standard breach of financial rules must complete the review process within 12 weeks (and this includes an appeal). The tightening of deadlines is intended to ensure that any penalties (including point deductions or complete exclusion from the championship) apply to the season in which the violation was recorded.

However, the new rule will not apply to “the most exceptional cases”, as happened with Manchester City. The Club is also accused of numerous rule violations; The case has long been examined by an independent commission, but the investigation lasted more than four years due to the multitude of documents and the overall complexity. However, it is not indicated how the peculiarity of the case is regulated.

Here about the case of the City. There are many accusations:

Manchester City could be expelled from the Premier League. The club received a list of 100 charges!

Everton, if found guilty, will lose points this season. There are concerns about Chelsea, who spent more than €1 billion on transfers over the past year, but the club was looking for loopholes to avoid breaking the rules; for example, signing contracts for seven or eight years to spread the costs over a long period.

Todd Bowley’s guide to spending a billion and still not making it:

Chelsea spent a billion dollars on transfers in a year and a half. to become weaker

This summer, UEFA decided that something like this would no longer happen and transfer fees can now be amortized over a maximum of five years, regardless of the length of the contract. But Chelsea should be fine even in this case: the club still sold someone, and the transfer costs for the sale of players are immediately recorded in full, simply minus the remaining depreciated value of the player. However, the reports are published almost a year after the conclusion of the relevant transactions. Management also restructured payroll to reduce the burden on the budget.

Time will tell, but with the new rules, the risks of falling into the trap of one’s own strategy have only increased.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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