Relegation-threatened Everton are in danger of having points deducted or paying a heft fine after it was revealed that they broke the League's Profitability and Sustainability rules, per The Telegraph.
Everton recorded loses of £371.8m in the last three years which is above the £105 million Premier League clubs are allowed to lose in a three-year period.
The Premier League's statement read: "In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today referred an alleged breach of the League’s Profitability and Sustainability Rules by Everton Football Club to a Commission under Premier League Rule W.3.4. The assessment period for which it is alleged that the Club is in breach is the period ending Season 2021/22.
"Commissions are independent of the Premier League and member clubs. The members of the Commission will be appointed by the independent Chair of the Premier League Judicial Panel, in accordance with Premier League Rules W.19, W.20 and W.26.
"The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private. Under Premier League Rule W.82.2, the Commission’s final award will be published on the Premier League’s website. The League will be making no further comment until that time."
If Everton who are struggling to survive in the Premier League are docked points this season, it would almost certainly mean relegation from the top tier.
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