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Richard Keys drops Manchester City right in it as Everton ordered to pay £35m

Burnley Football Club News

Richard Keys drops Manchester City right in it as Everton ordered to pay £35m
Everton Football Club

Richard Keys has fumed at the Premier League for allowing Everton to be ordered to pay Burnley around £35million in compensation. Burnley had been seeking damag

Correspondent AUTHORITY Football journalist with experience at Reach PLC and PA Media; University of Central Lancashire graduate. FOCUS Fan-engagement content and match analysis across the Premier League and Championship.

THE INSIGHT Oliver utilises a network of club and industry contacts to deliver verified reporting and fan-first content. He provides the human stories behind the results to ensure fans get the full picture as it happens. Burnley had been seeking damages after they were relegated from the Premier League in the 2021-22 season, when Everton were found guilty of breaching PSR rules.

The Premier League's independent commission reached a verdict on Wednesday that means the Toffees now owe around £26m in initial compensation and another £9.1m in interest. He said:"The Premier League are having a laugh. Everton are to pay £40m to Burnley because of PSR breaches in 21/22? Burnley were relegated because they were , not because of anything Everton did.

How about getting the City case settled before we hear anymore about PSR at other clubs?

" His frustrations have been shared by Everton fans online, as well as the club themselves, who have released an official statement to express their dismay at the ruling. Everton are set to appeal the decision as they look to bring the compensation fee down, but it remains to be seen if they will be successful after such a lengthy investigation.

Burnley sued Everton at the end of the that season after it came to light that the Merseyside outfit had breached the PL's profit and sustainability rules in the four-year period up to June 2022. They were charged and later deducted 10 points in November 2023, but the legal case remained ongoing as the Clarets felt the Toffees had gained an unfair advantage over them during 2021-22.

Burnley argued during the investigation that they would have stayed in the top flight had Everton been handed a points deduction during that campaign, so were seeking around £60m in lost earnings. An independent panel has now ordered Everton to just over half of that figure to the Turf Moor side, but they have hit back with a statement on social media.

The statement read:"This ruling sets a dangerous and unworkable precedent for English football, given it is constructed on a principle that a club can be in breach of financial rules at any point in a financial year.

“Everton believes the panel’s ruling misrepresents the clear evidence presented by its legal representatives and that an appeal will be successful. The club is confident of its ongoing PSR compliance and has also obtained confirmation from the Premier League of its clear position that this ruling should not be the cause of any future PSR sanction.

”Everton fans will likely only care about whether their club can spend money on players this summer as they look to push for Europe next season. Football finance expert, Stefan Borson, has insisted on X that the ruling should not affect their summer spending, with former chief Farhad Moshiri likely to be covering the costs.

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