The hearing for Everton’s alleged breaches of the Premier League’s profit and sustainability regulations will take place in October, it has been claimed.
Back in March the Toffees were hit with a charge by the Premier League for breaching P&S regulations for the three-year period ending 2022, a charge that Everton have denied and that they remain confident that they will beat.
Following an audit of all member club finances by the Premier League for the 2021/22 financial year, Everton were referred to an independent commission for the alleged breach. Now, according to both the Guardian and the Times, the hearing is set to begin on October 25, although the timeframes for its completion are something of an unknown given that no precedent has previously been set in the Premier League. Manchester City were hit with 115 charges relating to profit and sustainability breaches earlier this year and will face an independent commission, with that process likely to drag on into years rather than months.
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At the time of the charges being levelled at Everton, a Premier League statement read: “In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today referred an alleged breach of the League’s Profitability and Sustainability Rules by Everton Football Club to a Commission under Premier League Rule W.3.4,” it said. “The assessment period for which it is alleged that the Club is in breach is the period ending Season 2021/22.
“The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private. Under Premier League Rule W.82.2, the Commission’s final award will be published on the Premier League’s website. The League will be making no further comment until that time.”
At the time of the charge, which the Times reports relates to a tax issue surrounding loans for the new stadium build at Bramley-Moore Dock, Everton said that they were ‘prepared to robustly defend’ themselves against the allegations.
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