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Everton have reacted furiously to being ordered to pay Burnley £40million over PSR breaches.
The Clarets were relegated from the Premier League the season that Everton were punished for breaking rules in the 2021/22 season.
Burnley sued the Toffees, who have been instructed to pay them £40m as a result and reacted to the sanction on Wednesday afternoon.
A club statement read: ‘Everton Football Club is surprised and angered by the decision of a Premier League Independent Disciplinary Commission to order a compensation payment to Burnley Football Club in relation to Everton’s PSR breach in June 2022.
‘Everton has appealed the decision and is clear in its belief the ruling is fundamentally flawed in both law and fact.
‘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.
Everton released a statement after the club were ordered to pay Burnley £40million
‘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 is confident of its ongoing PSR compliance and has also obtained confirmation from the Premier League of its clear position that this ruling should not be the cause of any future PSR sanction. Evertonians can be assured that ownership are focused, with strengthened resolve, on delivering their vision of returning Everton to the top echelon of English football.
‘No further comment will be made on this matter until the appeal process has been successfully concluded.’