Everton told to pay Burnley over £35m due to PSR breaches
· Yahoo Sports
Everton have been ordered to pay Burnley over £35 million in compensation due to the impact of profit and sustainability regulation breaches.
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The Toffees were found to have broken the PSR rules over a three-year period during the 2021/22 season which, Burnley argued, had a knock-on effect that directly impacted their chances of staying in the Premier League.
A Premier League commission heard the Clarets' argument and ordered the Merseyside club to pay £25 million in damages due to their PSR breaches and more in interest that puts the total to just over £35 million.
However, that decision will be appealed with Everton 'surprised and angered' over the ruling.
"The Club does not recognise the findings of the panel in determining Burnley’s relegation from the Premier League in May 2022 was caused by a sporting advantage gained by Everton due to a breach of Profit & Sustainability Rules, for which a substantive sporting sanction has already been received," the club said in a statement.
"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 also underlined that it is 'confident' over its current PSR compliance.