Everton Respond To Premier League’s Allegation Of Breaching FFP Rules
The English Premier League side, Everton, have responded to an allegation from the league body accusing the club of breaching Financial Fair Play (FFP) rules.
In a statement issued on Friday evening, Everton who are currently occupying the 15th place on the league table, two points away from relegation, stressed that the club didn’t breach the FFP rules.
The statement is coming less than an hour after the Premier League issued a statement announcing that the Merseyside-based side has been referred to an independent commission over breach of the said rules.
In the statement, the Premier League said the club committed the breach during the 2021-2022 season but didn’t give further details about how they breached the rules.
In a swift response, Everton who have consistently announced financial losses in recent seasons stressed that they didn’t commit any crime and are ready to defend themselves.
Everton’s statement read: “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.
“The club has, over several years, provided information to the Premier League openly and transparently and has consciously chosen to act with the utmost good faith at all times.”
Note that the Financial Fair Play (FFP) rules are a set of regulations established to prevent professional football clubs spending more than they earn in the pursuit of success, and in doing so not getting into financial problems which might threaten their long-term survival.