Nottingham Forest and Everton have been charged with breaching Premier League Profitability and Sustainability Rules (PSR).
The two teams face potential points deductions for their breach of the regulations. Forest and Everton have 14 days to respond to their charges before facing a hearing from an independent panel that will decide the final punishment.
All 20 teams were required to submit their accounts for the 2022/23 season by December 31 and the outcome of their submitted accounts was confirmed by the Premier League on Monday. Everton's breach is their second failure to comply with the financial rules recently after the Toffees were given a 10-point deduction for a single PSR breach.
AlongsideManchester City's 115 charges for their own Financial Fair Play (FFP) breaches and Chelsea's alleged breaches, many in the football world are trying to get their heads around what exactly the rules are.
The Premier League PSR rules dictate the amount of money clubs are authorised to lose over a specific period. They are put into place to determine how much is permitted to be allowed on transfers.
Clubs are allowed to lose £105million over the course of three reasons, or £35million per season. This amount of money does not include spending on youth development and infrastructure projects.
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Previously, the Premier League made allowances for clubs to write off certain losses suffered as a result of the coronavirus pandemic. But now, go beyond the £105million and you face being charged.
BothArsenal andChelsea are among the clubs that will be continually assessing what PSR sanctions could mean for Manchester City. A date when the
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