Latest Leicester City news from LeicestershireLive as Everton could face points deduction after an alleged FFP breach.
Leicester City’s relegation rivals Everton have been accused of breaching Profitability & Sustainability rules during the 2021/22 season by the Premier League.
Although Everton could face a points deduction as a form of punishment, it is unlikely that will take place this season. City who currently sit 17th place, are only a point from the Toffees in 15th and one point adrift from the relegation zone following a difficult season.
“In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today referred an alleged breach of the League’s Profitability and Sustainability Rules by Everton Football Club to a Commission under Premier League Rule W.3.4,” reads an official statement released by the Premier League. The assessment period for which the Club is alleged to be in breach ends with Season 2021/22.
“Commissions are independent of the Premier League and member clubs. The members of the Commission will be appointed by the independent Chair of the Premier League Judicial Panel, in accordance with Premier League Rules W.19, W.20 and W.26. The 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 Commission’s final award will be published on the Premier League’s website. The League will be making no further comment until that time.”
In response, an Everton statement said: “Everton Football Club is disappointed to hear of the Premier League’s decision to refer an allegation of a breach of Profit & Sustainability regulations to an independent commission for review.
“The Club strongly contests the allegation of non-compliance and together with its independent team of experts is entirely confident that it remains compliant with all financial rules and regulations.
“Everton is prepared to robustly defend its position to the commission. The Club has, over several years, provided information to the Premier League in an open and transparent manner and has consciously chosen to act with the utmost good faith at all times.
“The Club will not be making any further comment at this time.”
