Friday , March 29 2024

Tag Archives: Financial Fair Play

Everton FC react to independent Premier League Commission reducing point deduction!

Everton FC can confirm an Appeal Board has concluded that the points deduction imposed by an independent Premier League Commission in November be reduced from 10 points to six points, with immediate effect. While the Club is still digesting the Appeal Board’s decision, we are satisfied our appeal has resulted …

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Nottingham Forest react to Premier League decision on PSR violations!

Nottingham Forest acknowledges the statement from the Premier League confirming that the club has today, January 15 been charged with a breach of the league’s Profitability and Sustainability Rules (PSR). The club intends to continue to cooperate fully with the Premier League on this matter and are confident of a …

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Everton FC react to Premier League decision on PSR violations!

Everton Football Club acknowledges the Premier League’s decision to refer a breach of Profit & Sustainability rules (PSR) for the assessment period ending with the 2022/23 season to an independent Premier League commission. This relates to a period which covers seasons 2019/20, 2020/21, 2021/22 and 2022/23. It therefore includes financial …

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Everton FC & Nottingham Forest confirm Premier League PSR breaches!

Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are in breach of the League’s Profitability and Sustainability Rules (PSR). This is as a result of sustaining losses above the permitted thresholds for the assessment period ending Season 2022/23. In accordance with Premier League Rules, both cases have …

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Manchester City reacts to Premier League charge of breaking financial rules!

Current champions Manchester City FC reacted with a statement to the English Premier League charge of breaking financial rules regulations. The Manchester City FC statement reads: Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and vast …

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Premier League charge Manchester City with breaking financial rules!

In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today referred a number of alleged breaches of the Premier League Rules by Manchester City Football Club (Club) to a Commission under Premier League Rule W.3.4. Details of the Premier League Rules that the Club is …

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UEFA’s CFCB First Chamber opens investigation into Juventus FC!

The CFCB First Chamber will cooperate with national authorities and focus on the alleged financial violations that were recently made public. The CFCB First Chamber has on Thursday, December 1 opened a formal investigation into Juventus FC for potential breaches of the Club Licensing and Financial Fair Play regulations. The …

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LaLiga demands immediate sanctions against Juventus FC!

Following the resignation of the Juventus board of directors late on Monday, November 28, LaLiga demands immediate sports sanctions to be applied on the club. LaLiga filed an official complaint against Juventus with UEFA in April 2022 reporting financial fair play breaches being investigated by Italy´s Guardia di Finanza, an …

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CFCB First Chamber fines eight top clubs for failing to comply with financial regulations!

The Club Financial Control Body (CFCB) First Chamber, chaired by Sunil Gulati, announced today a series of decisions involving clubs that participated in the 2021/22 UEFA club competitions. The CFCB First Chamber found that AC Milan (ITA), AS Monaco (FRA), AS Roma (ITA), Beşiktaş JK (TUR), FC Internazionale Milano (ITA), …

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LaLiga condemns PSG & Manchester City for violating financial fair play rules!

This week, LaLiga has filed a complaint with UEFA against PSG, which adds to another against Manchester City in April, on the grounds that these clubs are in continuous breach of the current financial fair play rules. LaLiga considers that these practices alter the ecosystem and sustainability of football, harm …

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