Several Premier League clubs are now reportedly “scared” after what has happened to Everton this season.
Once again, it’s been a rollercoaster campaign for the Toffees and not exactly for the right reasons. Sean Dyche’s side are without a win in 2024, and off-the-field issues have once again come to the fore.
Everton have already been deducted ten points – four given back on appeal – and are set to learn their fate next week [April 8] regarding their second Premier League charge.
Profit and Sustainability Rules (PSR) has become a buzzword during the 2023/24 season. Premier League clubs are desperately attempting to confine to financial regulations before the authorities step in.
Now, The Athletic has taken a deeper dive into what top-flight clubs think of financial regulation.
What are Premier League clubs scared about?
The Premier League has always led the way when it comes to transfer fees. The Athletic report states that English clubs have spent £2.5bn on transfers this season, more than anyone else.
However, the report also highlights what has happened to Everton as a cause for concern.
“Premier League clubs spent £2.5bn ($3.1bn) on transfers this season — more than anyone else — and will probably be at the top of the tree again,” they wrote.
On Everton and Nottingham Forest’s point deductions, the report added: “But points deductions for Everton and Nottingham Forest for breaching profit and sustainability rules (PSR) mean they are also being cautious. As one sporting director put it: “Everyone is scared of PSR.”
What’s the latest on Everton’s second Premier League charge?
Everton’s second charge was heard from Monday, March 25, to Wednesday, March 27. The Toffees and Nottingham Forest have been charged in relation to last year’s assessment period.
It’s believed the deadline for the verdict is April 8, which means the punishment will be handed out in just a matter of days.
Everton are understood to have a stronger case compared to their first time under the spotlight. Mitigating factors – Russia’s invasion of Ukraine – impacted sponsorship ties, evidence not considered in the first hearing.
The Goodison Park faithful will be desperate for this to be the last time the club comes under the Premier League spotlight after what has been unprecedented circumstances this season.