Everton referred to independent commission over alleged breach of Premier League financial rules
Verton has been referred by the Premier League to an independent commission for an alleged breach of top-flight profitability and sustainability rules.
In a statement released on Friday afternoon, the League confirmed that the alleged breach relates to the period ending with the 2021/22 season.
They added that the proceedings of the independent commission will be conducted privately following the appointment of its members led by the independent chairman of the Premier League Judicial Panel, with Everton facing possible sanctions if the alleged breach is proven.
The Premier League said: “In accordance with Premier League rule W.82.1, the Premier League confirms that it has today referred an alleged breach of League profitability and sustainability rules by Everton Football Club to a commission under Premier League rule W.3.4 The assessment period for which the Club is alleged to be in breach is the period ending the 2021/22 season.
“The committees are independent of the Premier League and member clubs. The members of the Commission will be appointed by the Independent Chairman of the Premier League Judicial Panel in accordance with Premier League Rules W.19, W.20 and W.26.
Everton have been referred to an independent commission over an alleged breach of Premier League financial rules
/ Getty Images“Proceedings before the Commission will, in accordance with Premier League rule W.82, be confidential and heard in private. Under Premier League rule W.82.2, the Committee’s final decision will be published on the Premier League’s website. The League will not comment further until then.
Everton have battled relegation again this season amid fan anger directed at the board and currently sit 15th in the table and just two points above the drop zone with 10 more games to go. play after a 2-2 draw at Chelsea last time out, after appointing former Burnley boss Sean Dyche to replace the sacked Frank Lampard in January.
They return to action after the international break, looking to continue a three-game unbeaten streak with a Monday night game against Tottenham at Goodison Park on April 3.
In a statement responding to the Premier League’s announcement, Everton said they were “disappointed” with the decision and “strongly dispute the allegation of non-compliance”.
“Everton Football Club are disappointed to learn of the Premier League’s decision to refer an alleged breach of profit and sustainability regulations to an independent commission for review,” the Toffees said.
“The Club strongly disputes the allegation of non-compliance and, together with its team of independent experts, is fully confident that it remains compliant with all financial rules and regulations.
“Everton are prepared to vigorously defend their position with the committee. The Club has for several years provided information to the Premier League in an open and transparent manner and has consciously chosen to act in the utmost good faith at all times. .
“The Club will make no further comment at this time.”
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