LONDON (Reuters) - The Premier League has referred Everton to an independent commission for an alleged breach of financial fair play rules last season, it said on Friday without giving details.
"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," it said."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.
Everton narrowly avoided relegation from the 20-team league last season, finishing 16th. They are again fighting to stay up this season and are currently 15th, just three points clear of bottom side Southampton. Under Premier League rules, teams can make a maximum loss of 105 million pounds over three years, although special allowances were made for the COVID-19 pandemic.The club, majority owned by Farhad Moshiri, has attributed at least 170 million pounds of that to the impact of the pandemic.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Soccer-Germany integrating newcomers, ready to show different face-FuellkrugBERLIN (Reuters) - Germany have been working towards integrating newcomers to the national team in the past days as they look for a fresh start ahead of the Euro 2024 on home soil, striker Niclas Fuellkrug said on Wednesday.
Read more »
Soccer-Belgium's players keen to prove themselves under Tedesco - Trossard(Reuters) - Belgium's players are eager to prove themselves to new coach Domenico Tedesco, who replaced Roberto Martinez after their group-stage exit at the World Cup in Qatar last year, winger Leandro Trossard said.
Read more »
Soccer-Southgate wants England to create another piece of history in NaplesNAPLES (Reuters) - Gareth Southgate has challenged his England players to shake off the disappointment of losing in the World Cup quarter-finals by claiming a rare victory away to Italy on Thursday.
Read more »
Soccer-Messi eyes goal milestone in first Argentina game since World Cup triumph(Reuters) - Having fulfilled a lifetime dream, Lionel Messi will get to celebrate with Argentina's fans on Thursday as they play their first match after winning the World Cup in Qatar last year.
Read more »
Soccer-Matildas boosted by Carpenter return for April friendlies(Reuters) - Ellie Carpenter is set for her first Matildas appearance in a year after the defender was recalled to the squad for next month's friendlies against Scotland and England, 10 months after she sustained an anterior cruciate ligament (ACL) injury.
Read more »