EPL is rolling up its sleeves to clean up its finances

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Chelsea could be next.

The English Premier League (EPL) is rolling up its sleeves in an effort to clean up its finances. Everton is the first casualty. “We have decided to impose an immediate two-point deduction on Everton for breaching the ‘Profitability and Sustainability Regulations’ (PSR) for the 2022-2023 season,” the EPL’s secretariat announced on its website on Monday (KST). “We heard Everton’s position over a three-day hearing last month and concluded that a two-point deduction was most appropriate.” Under the PSR rules, a club can lose up to £150 million over a three-year period, but Everton breached the threshold by £16.6 million in the 2022-2023 season, according to the EPL office.

After being docked 10 points for the 2021-2022 season for a PSR violation in November of last year, and then having the penalty reduced to six points on appeal in February, Everton were hit with a further point deduction for the 2022-2023 season when they were found to be in breach of the PSR.

Nottingham Forest were not the only club to be docked four points for PSR violations.

“Nottingham were referred to the Independence Committee on January 15 after admitting to breaching the £61 million profitability and sustainability cap by £34.5 million,” the EPL secretariat said in March, “and were sanctioned in accordance with new Premier League regulations and following a two-day hearing. “The club had the opportunity to plead a number of mitigating factors and we found that they had demonstrated excellent cooperation in their Premier League transfer dealings.

Nottingham received bids of £30 million from Brentford and €50 million from Atletico Madrid for Johnson early last summer, 안전놀이터 추천 but felt that waiting until later in the transfer window would increase the price tag, and on September 1, they completed a £47.5 million move from Tottenham, but the transfer missed the June 30 deadline for the Premier League’s profitability and sustainability rules. Nottingham claimed the delay was a “close call,” but the Tribunal ruled that “more could have been done to complete the transfer of Brennan Johnson by June 30, with multiple teams interested, and missing the deadline by more than two months cannot be classified as a mistake.

Now it’s Chelsea’s turn. On the 14th, Germany’s Sky Sports reported that ‘Chelsea are currently in ninth place and struggling to qualify for European club competitions. If they don’t make money from player sales, they could be docked points for breaching the PSR. In reality, Chelsea has spent an astronomical amount of money on players over the past two years, but has failed to monetize them. Things have been going from bad to worse for Chelsea.

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