Premier League accuses Everton of ‘financial fair play rules breach’

English side Everton have been referred to an independent commission by the Premier League over an alleged breach of financial fair play rules, BBC reports.

The league did not reveal the specifics of the club’s alleged breach, other than saying it occurred in the period ending with the 2021-22 season.

The Toffees denied wrongdoing and said they were “prepared to robustly defend” their position.

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Everton have been charged with an alleged breach of the Premier League’s FFP rules in relation to their spending last season pic.twitter.com/cunFz1dxYo

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In their statement they also added that “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 in an open and transparent manner and has consciously chosen to act with the utmost good faith at all times.”

In March 2022, Everton announced losses of £120.9m for the 2020-21 season.