Premier League clubs including Liverpool are awaiting outcomes on two huge - and potentially groundbreaking - decisions in relation to the ongoing financial investigations into Everton and Manchester City.
There are two cases of alleged breaches of profit and sustainability rules by Premier League club. The latest case concerns Everton, who were referred to an independent commission in March for alleged breaches during the 2021/22 season.
The Telegraph claimed on Wednesday that “the Premier League has recommended Everton's punishment to be extremely severe, and up to a maximum of 12 points.” If found guilty, the club are facing a number of potential other sanctions, including a fine and/or a potential transfer embargo but Everton have stressed they have complied with the rules and insist they will “robustly defend” their position
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The case is currently being heard by an independent commission and the ECHO understands that the independent commission – not the Premier League – holds full sway when it comes to the final decision-making process. Everton reported losses of around £371.8million over the past three years, but the rules say clubs can only lose a maximum of £105million or they face charges.
This could be a big moment in how the league deals with financial conduct. The other case involves Manchester City, which is quite complicated.
The Premier League champions were sent to an independent panel in February for supposedly breaking league rules 115 times between 2009 and 2018. The league's five-year investigation brought up several different claims
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