The Premier League is set to make a landmark decision in regards to Man City and their 115 alleged breaches of financial rules, but why is the process taking so long?
Premier League clubs including Liverpool are awaiting outcomes on two huge – and potentially groundbreaking – decisions in relation to the ongoing financial investigations into Everton and Manchester City.
There are two cases of alleged breaches of profit and sustainability rules by Premier League club. The latest case concerns Everton,
Who were referred to an independent commission in March for alleged breaches during the 2021/22 season.
Can Liverpool take advantage of Man city financial breaches problem
The Telegraph claimed on Wednesday that “the Premier League has recommended Everton’s punishment to be extremely severe, and up to a maximum of 12 points.”
If found guilty, the club are facing a number of potential other sanctions, including a fine and/or a potential transfer embargo
But Everton have stressed they have complied with the rules and insist they will “robustly defend” their position.
The case is currently being heard by an independent commission and the ECHO understands that the independent commission
Not the Premier League – holds full sway when it comes to the final decision-making process.
Everton reported losses of around £371.8million over the past three years,
But the rules say clubs can only lose a maximum of £105million or they face charges.
This could be a big moment in how the league deals with financial conduct. The other case involves Manchester City, which is quite complicate.
The Premier League champions sent to an independent panel in February for supposedly breaking league rules 115 times between 2009 and 2018. The league’s five-year investigation brought up several different claims against the club.
Some of these allegations were about incorrect financial information,
While others detailed financial payments to a former manager and other claims of not following the rules.
City deny these claims in a statement,
Their manager Pep Guardiola said he wants a decision “as soon as possible”.