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Everton told to pay Burnley £35m over PSR breaches

Everton told to pay Burnley £35m over PSR breaches

From BBC News · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Under investigation
  • Everton must pay Burnley £35 million for Premier League financial rule breaches impacting the 2021-22 season.
  • Burnley sought compensation for relegation losses, receiving £26 million in damages plus £9 million in interest.
  • Everton is appealing the ruling, calling it

Everton must pay Burnley £35 million after a Premier League commission found the club breached financial rules during the 2021-22 season. Burnley argued the breaches affected their chances of remaining in the Premier League and sought compensation for relegation losses.

robustly and thoroughly

— sourcessources saying Everton will contest the ruling

The commission awarded Burnley £26 million in damages and an additional £9 million in interest. However, Everton has launched an appeal, with sources indicating they will "robustly and thoroughly" contest the decision.

clear in the belief the ruling is fundamentally flawed in both law and fact

— Everton statementEverton's official statement on the ruling

In a statement, Everton expressed strong disagreement with the ruling, calling it "fundamentally flawed in both law and fact." The club argued that the decision sets a "dangerous and unworkable precedent" by penalizing a club for breaches within a financial year. Everton believes the panel misrepresented the evidence presented by its legal team and is confident the appeal will succeed.

This ruling sets a dangerous and unworkable precedent for English football, given it is constructed on a principle that a club can be in breach of financial rules at any point in a financial year

— Everton statementEverton's statement on the precedent set by the ruling

Any compensation paid will not affect Everton's financial fair play calculations for the current period. The case highlights the ongoing scrutiny and financial regulations within English football, with clubs facing significant penalties for rule violations.

Everton believes the panel's ruling misrepresents the clear evidence presented by its legal representatives and that an appeal will be successful

— Everton statementEverton's belief in the success of their appeal
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Originally published by BBC News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.