The Financial Fair Play and the Premier League’s new Profit and Sustainability regulations have been a topic of discussion over the last few days following Everton’s point deduction, with Manchester City also being spoken about
With the international break ongoing, there is one story on everybody’s lips. Everton have been punished breaching Financial Fair Play rules and the impact on this season’s title race could be huge!
The Toffees became the first side to be found to be in breach of the new Profit and Sustainability rules following a review by an independent commission, and have been deducted 10 points immediately. This has seen them drop into the Premier League’s relegation zone, with only Burnley currently beneath them in the table.
Everton intend to appeal, but if they’re not vindicated then this ground-breaking punishment could well be the yardstick to measure the penalties for any teams that fall foul of the rules in years to come.
Unsurprisingly that has seen Everton turn their eyes towards Manchester City. “The club will also monitor with great interest the decisions made in any other cases concerning the Premier League’s Profit and Sustainability Rules,” Sean Dyche’s side said in a statement.
They are certainly not the only ones. City were hit with 115 charges in February of this year following on from an investigation of their finances.
They have reiterated that they welcome a review, but if the reigning Premier League champions are to be found guilty of the alleged breaches then a points deduction, and even relegation, could befall them.
“There are too many things that ‘might’ happen if City are convicted,” football finance expert Stefan Borson said.
“It will be very serious — all hell will break loose,” he said. “It will turn into an enormous story — not just in respect of football but much wider than that. So many parties will be implicated. It will be an incredibly explosive situation.