Due to a single infraction of the Premier League’s Financial Fair Play regulations, which are oriented around profit and sustainability, Everton was slapped with an unexpected ten-point deduction.
This is the first time that points have been deducted in the Premier League for breaking FFP rules.
Both Chelsea and Manchester City have been the subject of concerns; in the previous season, the Premier League issued 115 FFP infraction accusations against City. They have vigorously maintained their innocence and launched a significant legal defense to contest the Premier League’s decisions.
Conversely, Chelsea is under investigation about payments connected to their previous owner, Roman Abramovich. According to legal expert Stefan Borson, both teams could suffer greatly from a possible relegation from the top flight.
In his tweets, Borson expresses shock at Everton’s severe punishment and muses over what would happen to City and Chelsea if they are found guilty, which could result in relegation. He points out that Chelsea’s approach of viewing fines as an expense of doing business needs to be immediately reevaluated, especially in light of papers that were leaked that appear to show Abramovich may have broken rules.
Manchester City was the subject of a four-year financial inquiry and was accused of cooperating with the probe, including withholding payments to their previous manager, Roberto Mancini, and not disclosing the true source of their earnings.
In Chelsea’s instance, UEFA penalized them for FFP violations that occurred under Abramovich’s leadership, while the Premier League is still looking into possible rule infractions that may have occurred between 2012 and 2019. Document leaks raise the possibility of off-book spending and additional fines.
Chelsea might, however, be subject to fines rather than a deduction of points if found guilty because the payments in question are unrelated to FFP criteria. Chelsea’s excessive spending spree has brought attention to their financial operations. Since the club was acquired last year, they have made almost £1 billion in new moves in three windows.
