LIVERPOOL, England (AP) 鈥� Everton has been ordered to pay Burnley more than 35 million pounds ($47 million) in compensation after being sued over Premier League financial breaches from the 2021-22 season.
In 2023, Everton was 鈥� 鈥� for financial mismanagement under the previous regime of Farhad Moshiri.
Everton finished four points above 18th-place Burnley, which was relegated, in that 2021-22 campaign.
Burnley successfully argued to a Premier League disciplinary commission that had the six-point penalty for the breaches been applied that season, it would have survived at Everton’s expense.
Everton said Wednesday the club is 鈥渟urprised and angered鈥� at the ruling and has lodged an immediate appeal at what it views as a 鈥渇undamentally flawed鈥� judgement.
鈥淭he club does not recognize the findings of the panel in determining Burnley鈥檚 relegation from the Premier League in May 2022 was caused by a sporting advantage gained by Everton due to a breach of Profit & Sustainability Rules, for which a substantive sporting sanction has already been received,鈥� Everton said.
鈥淭his 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 believes the panel鈥檚 ruling misrepresents the clear evidence presented by its legal representatives and that an appeal will be successful.鈥�
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