Summary
- Everton verdict: The Premier League has docked Everton 10 points for breaching its profit and sustainability rules. Everton is the first club to be punished for breaking financial fair play rules.
- City and Chelsea cases: Manchester City and Chelsea are also under investigation by the Premier League for alleged financial wrongdoing. They face more severe charges and potential sanctions, including relegation.
- Premier League’s stance: The Premier League is keen to enforce its rules and regulations and deter clubs from circumventing them. It also wants to retain some of its regulatory powers amid the prospect of an independent regulator.
- Everton’s appeal: Everton has said it will appeal against the verdict and the finding that it failed to act with the utmost good faith. However, experts believe it is unlikely to succeed.
- Other clubs’ claims: Leeds, Leicester, Burnley and Southampton have 28 days to inform the commission if they want compensation from Everton. They are not allowed to take separate legal action through the courts.
Do you expect the Guardian to say “City and Chelsea definitely won’t face consequences, because that’s the received wisdom of the internet”?
What they are reporting is accurate - Everton have been punished, and others might be.