How the Premier League Sanctions Affect Chelsea
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The Premier League has announced that two clubs, Everton and Nottingham Forest, have been charged for violating the Profitability and Sustainability Rules (PSR) for the accounting period ending on June 30th 2023. The PSR are designed to ensure that clubs do not spend more than they earn and maintain a healthy financial balance.
According to a Premier League statement, both cases will be referred to independent Commissions, who will decide the appropriate sanctions for the clubs. The Commissions’ final decisions will be made public on the Premier League’s website, but no further comment will be made until then.
This news comes as Chelsea, one of the most successful clubs in England, is still under investigation by the Premier League for issues related to their previous ownership. Chelsea’s new owners, who took over the club in 2022, revealed some information to the FA, UEFA and the Premier League about the past dealings of the club.
However, the Premier League CEO Richard Masters said that the investigation is still ongoing and the outcome will not be announced until it is completed. He made this statement while speaking to the Culture, Media & Sport committee in parliament about various topics.
The Premier League sanctions could have a significant impact on the clubs involved, as they could face fines, points deductions, transfer bans or even relegation. Chelsea fans will be hoping that their club can avoid any serious penalties and continue to compete at the highest level.
“I don’t think it’s messy”
— Dan Roan (@danroan) January 16, 2024
Premier League CEO Richard Masters defends charging Everton again over financial rules.
Tells @CommonsCMS a date now set for a hearing on Man City case, and it concerns “v different charges” to EFC/Forest cases
“Still investigating” Chelsea case
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