Everton and Nottingham Forest could be handed points deductions this season for breaching Profit and Sustainability rules.
PSR rules state that clubs can only lose a maximum of £105million over a three-year cycle, or £35million-a-season.
The new guidelines have been brought in to ensure that any potential breaches are met with punishments in the same season they have been raised, with a fine or points deduction a possibility.
As a result both will be referred to an independent commission for breaches covering the 2020/21, 2021/22 and 2022/23 seasons, as well as the 2019/20 season in Everton's case.
A Premier League statement read: «Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are in breach of the League’s Profitability and Sustainability Rules (PSR). This is as a result of sustaining losses above the permitted thresholds for the assessment period ending Season 2022/23.
»In accordance with Premier League Rules, both cases have now been referred to the chair of the Judicial Panel, who will appoint separate Commissions to determine the appropriate sanction.
«Commissions are independent of the Premier League and member clubs. The proceedings are heard in private with the Commissions’ final decisions made public on the Premier League’s website. The League will make no further comment until that time.»
In response an Everton statement read: “Everton Football Club acknowledges the Premier League’s decision to refer a breach of Profit & Sustainability rules (PSR) for the assessment period ending with the 2022/23 season to an independent Premier League commission.
“This relates to a period which covers seasons 2019/20, 2020/21, 2021/22 and 2022/23. It therefore includes financial periods
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