Everton and Nottingham Forest are under scrutiny for breaching the Premier League's Profitability and Sustainability Rules (PSR), with Everton facing the possibility of a second points deduction for the same offense within the same accounting period. Their potential new owner 777 Partners is facing a lawsuit with claimed damages of over $30 million. Nottingham Forest, after an ambitious 30 signings, is also at risk of a points deduction. Manchester City faces 115 charges but no resolution timeline, while Chelsea's FFP stance is under examination as they await Premier League punishment. Reading FC is dealing with governance issues, with the EFL giving owner Dai Yongge an ultimatum to 'fund or sell' the club following fan protests and a match abandonment. The Premier League's lengthy charge sheet and the EFL's meeting with Reading fans today highlight the growing calls for transparency and an independent football regulator.
"It's a bit of a tough thing to take" Sean Dyche gives his feelings on the last year as Everton manager as club have been charged with breaching Premier League Profitability and Sustainability Rules https://t.co/uQGpM9NnXd
EFL Chair, Rick Parry is meeting with Reading fans today following the abandonment of their match with Port Vale He was questioned today on the future of Reading by the Culture, Media and Sport Committee https://t.co/kYmXRwgToK
🚨 Nottingham Forest weren't able to sell Brennan Johnson to Brentford in June and avoid breaching the Premier League's Profit and Sustainability rules, Sky Sports News has been told 🚨 Forest later sold Johnson for £47.5m to Tottenham on Deadline Day, September 1st 2023 ⬇️ https://t.co/xdRwK8Puzg
Chief Reporter Kaveh Solhekol believes there is 'some sympathy' for Everton and Nottingham Forest among other Premier League clubs However, there is a general feeling of 'rules are rules' amongst the clubs ⬇️ https://t.co/4sGPY7USw5
Chelsea are being investigated for possible FFP breaches 🤔 #CFC https://t.co/1cGPF4N5lO
Nottingham Forest will prioritise selling players over buying them in this transfer window, as they look to show Premier League officials they are taking their charge for breaching financial rules seriously. Read more ⬇️ https://t.co/lc8n1yxDp2
EXCLUSIVE: Reading chief declares fan protests have 'done nothing good for the club' https://t.co/ofXgiLCaK8
Nottingham Forest can sign players despite their PSR issues, but they will have to sell to balance the books at the same time. The January window will be a cautious one - and one where they will look to break even #NFFC https://t.co/Aj2X1rHPop
#nffc latest: Forest to adopt "cautious" approach to January window after PSR charge. Focus more on players out than in, with a 'net-zero' spend. At this stage, Nuno set to stick with current GKs. Tavares & Origi loans to be reviewed https://t.co/cLwBtIsaqn
Good to meet Rick Parry, Chair EFL, at the @DCMS Select Committee. He agreed that the @EFL should do more to help @ReadingFC. I'll be joining #SellBeforeWeDai and fellow fans online with @EFL_Comms later today. We must get our club back! #readingfc @premierleague @BBCBerkshire https://t.co/F89whVKLth
Good to meet Rick Parry, Chair EFL, at the @DCMS Select Committee. He agreed that the @EFL must do more to help @ReadingFC. I'll be joining #SellBeforeWeDai and fellow fans online with @EFL_Comms later today. We must now get our club back! #readingfc @premierleague @BBCBerkshire https://t.co/FOvkPHbg5N
“If you get to a situation where 1, 2, maybe 3, 4 clubs start getting points deductions in the middle of the season,…the league is pretty meaningless..” @DamianGreen asks PL’s Richard Masters & EFL’s Rick Parry if “hard thinking” is needed over pts deductions ⬇️ https://t.co/A6xaJXRTSd
Chelsea FFP investigation confirmed with new Premier League charges and trial date revealed | @BobbyVincentFL 🚨 #CFC https://t.co/1cGPF4Mxwg
Dai Yongge: Reading owner remains '100% willing' to sell, says CEO Dayong Pang https://t.co/qmmsWis9be
Dai Yongge: Reading owner remains '100% willing' to sell, says CEO Dayong Pang https://t.co/eDcplTM7Pc #bbcsouthnews
“It just looks very fishy” Richard Masters asked by @RupaHuq about what she calls “far from transparent” criteria which saw Everton FC docked 10 points. https://t.co/cTReG50ZTM
“It just looks very fishy” Premier League CEO Richard Masters asked by @RupaHuq about what she calls “far from transparent” criteria which saw Everton FC docked 10 points. Masters says “the rules are clear” & defends sanctions being at discretion of ind commission ⬇️ https://t.co/wz1tHLFkI9
“We want to be transparent and open” Asked by @DamianGreen if he “understands the cynicism” of EFC/Forest fans over way their clubs have been treated, Premier League CEO Richard Masters says “‘most fans want to know the regulatory bodies will enforce v important rules” ⬇️ https://t.co/0Lp0RTWVyI
EXCLUSIVE: Reading chief executive Dayong Pang hits out at fan protest after match was abandoned https://t.co/ofXgiLBCUA
"My job is clear, to prepare the team." Nuno Espirito Santo has spoken on Nottingham Forest's charges. #BBCFootball https://t.co/bCervPj3lw
Some actual NEWS! Richard Masters says the PL is still "weeks" away from making a decision on 777's proposed takeover of Everton. This is contrary to recent briefings from the club. Not on same page again.
Ah, TODAY's select committee hearing has started. Good stuff Everton/Forest, Man City & 777. Star of the show so far is Julie Clark of @EFC_FanAdvisory, sitting behind PL CEO Richard Masters in an Everton shirt. She just giggled when RM said "we want to be open & transparent".
EFL chair Rick Parry: - Wanted Premier League to drop to 18 teams "that didn't seem to go down very well" - Prepared to reduce FA Cup replays & no EFL Cup semis 2nd leg but "we would like some money" Did this on new global fixture congestion last month https://t.co/PviQbptEQr https://t.co/Ys82FpfV9J
BREAKING: The EFL chairman Rick Parry has confirmed to the DCMS select committee that the EFL will meet Reading fans today 🤝 https://t.co/KFN1FcdjYb
The CMS select committee hearing on football governance has moved into the off piste/grandstanding phase. But Damian Green, a Reading fan, has just asked some good/timely questions about his club. He points out that "the only hooligan at Reading is (owner) Dai Yongge".
Rick Parry says the “system is broken.” This is a great section on Reading. The owner branded a “hooligan” in cross examination. “What is the EFL doing to stop this happening?” Parry: “Reading came clean, they were chasing the Holy Grail which is what always happens. We want a…
I share the widespread concerns regarding Everton’s treatment by the FA. This isn’t about any one club: it’s about ensuring fair treatment across the game. This latest debacle shows why the government needs to deliver on its promise of an independent football regulator. https://t.co/x34QZMreqj
Delighted to have been appointed and hitting the ground running questioning Rick Parry of @EFL and Richard Masters of @premierleague on football governance and finance. So much to scrutinise on this committee from sport to creative industries to tourism to heritage to gambling https://t.co/rWcTWgoaav
"We are all concerned at the club, i'll be telling the players to forget about this and focus on our job" 💬 Nuno Espírito Santo on Nottingham Forest being charged for breaching Premier League Profitability and Sustainability Rules 👇 https://t.co/sbQySgBHzQ
“This latest charge covers the majority of the same accounting period as the initial charge and appears to be seeking to penalise the Club, its staff, supporters and the community twice for the same offence – & before the outcome of the Club’s existing appeal is known.” #EFC FAB https://t.co/LnpWt6Xpei
The next step for Nottingham Forest will be to submit their mitigation... then they will decide whether to launch an appeal. How things stand with #NFFC and PSR regulations. https://t.co/yd3EJF3WMm
Seen some wild takes on FFP/PSR lately. If you're spending far beyond your means, in a competition that no longer allows that, you should expect punishment. What has cost Everton and Nottingham Forest isn't "ambition". It's chaotic management #EFC #NFFC https://t.co/o5rcmJfZKl
Everton and Nottingham Forest deserve punishment but would Manchester City be treated this toughly? As the wait goes on over their alleged 115 breaches, the answer is clearly no. ✍️ @henrywinter on the Premier League’s tone-deaf posturing. Read below 🔽 https://t.co/sjwgH4aT3B
Reading FC owner given ultimatum by EFL to 'fund' or 'sell' the club https://t.co/pk2TeYcCrv
Steve is spot on. I tabled EDM 79 in Parliament last Nov to call for transparency & an independent process so that all clubs & fans are treated fairly. Without this, today’s announcement will raise more Qs re the process & @premierleague https://t.co/0iinqZI1MI
Reading crisis gets worse as club ‘agree to sell fan-favourite without knowledge of manager and director of football’ https://t.co/fiVjeu5RTr https://t.co/fiVjeu5RTr
Chelsea's FFP situation explained 🔵 #CFC https://t.co/HSMFYWsXDR
Nicholas Randall, then #NFFC chairman, promised fans the club would keep to FFP rules. It wasn't true. Nottingham Forest could be docked points - and that leaves a lot of legitimate Qs for the relevant people. Long-read for @TheAthleticFC: https://t.co/CFlAvATULO
EFL deliver an ultimatum to Reading owner after hitting Dai Yongge with new punishment https://t.co/IikEynFWki
The Premier League has become totally absurd: Everton face a second points docking for the same offence of building a great stadium (while Man City get given a stadium and still face more than 100 over-spending offences but nothing gets done to them) https://t.co/eNfhG0KcLM
Premier League face nightmare situation as Chelsea await points deduction outcome #CFC https://t.co/nvxgkLHplU https://t.co/nvxgkLHplU
Chelsea's FFP stance explained as Everton and Nottingham Forest await Premier League punishment | @BobbyVincentFL 🔵 #CFC https://t.co/HSMFYWsXDR
A scattergun transfer policy, expensive flops and a failure to move unwanted players on: Nottingham Forest's breaching of profit and sustainability rules is indicative of careless recruitment ✍️@CharDuncker https://t.co/YTntq6JQP7
More on the latest statement from the EFL about what's going on at Reading FC. Read all the details here 👇
I share your concerns @MetroMayorSteve, about this process that could see @Everton penalised twice for the same issue. I continue to give my full backing to the club and am waiting for a promised meeting with @premierleague to raise these issues and more. https://t.co/FU2Ruy5A70
Everton left feeling bewildered at the prospect of a second points deduction in the same season ✍️ @_ChrisBascombe #TelegraphFootball | #EFC
Tone-deaf statement by @premierleague sums up the organisation under Richard Masters. Even if you agree with the importance of PSR, you have to show some understanding of what potential charges mean on a human level, to supporters and staff of the two clubs.
Nottingham Forest and profit and sustainability regulations: the situation explained in a (slightly complicated) nutshell #NFFC This could drag on for a while. https://t.co/yd3EJF3WMm
I have grave concerns about today's @premierleague announcement and the transparency of the entire process. This is not about one club. This is about ensuring our game is open and fair. https://t.co/7bsB6m5CNC
■ Why are #MCFC being made to wait so long? ■ What about #CFC's uncertain situation? It is 49 weeks and counting since Manchester City were charged with 115 breaches of the Premier League's financial rules. @PJBuckingham looks at a charge sheet without precedent ⬇️
Football Daily | Why what’s currently going on at Reading FC should be agitating all of us https://t.co/wULUAVOH52
Nottingham Forest sailed too close to the wind with 30 signings and while you can never question their ambition, this charge could have been avoided. PSR rules are uneven and need change, but this feels like a self-inflicted wound. Analysis⬇️ #nffc https://t.co/OZubZxFWGx
Nottingham Forest were sailing too close to the wind – after 30 signings this charge is self-inflicted ✍️ @JPercyTelegraph #TelegraphFootball | #NFFC
Another reason why I watch the @Bundesliga_EN over the PL. This is getting ridiculous to go after other clubs who aren’t in the Big 6. City & Chelsea do worse of what Everton & Forest are getting slapped for. 🫶🏼 you @fckoeln_en 🐐 https://t.co/hBC7Se6y8e
🗣 Nottingham Forest sailed too close to wind – after 30 signings this charge is self-inflicted https://t.co/zvk5nPgIhR
Everton facing a possible second points deduction. Manchester City charged 115 times but no timeline on any resolution, as the team is heading to a fifth league title in six years. This is not a sustainable situation.
So mad at City’s 115 violations that they’re gonna slam Forest and Everton (again). https://t.co/dMtaodphlv
Nottingham Forest Football Club release the following statement. More on @ITVCentral tonight at 6pm https://t.co/Pwh2GaX4jv
Everton’s potential new owner 777 Partners is facing another lawsuit after an investor started legal proceedings against the Miami-based firm, citing damages of more than $30million (£23.6m). #EFC More from @mjshrimper ⬇️ https://t.co/3cqfIynQjH
“A precedent has been set. Clubs have to make sure they are on the right side of the line.” How the Premier League’s profitability and sustainability regulations (PSR) will impact the activity clubs can do in this January transfer window. ⬇️ @TBurrows16
Analysis: Reading owner Dai Yongge needs scrutiny, not protesting supporters https://t.co/cLFsR0wFAd
Clubs are expected to find out whether they have been charged under the Premier League's profitability and sustainability regulations 🗞️ Kaveh Solhekol explains what may be announced later today ⬇️ https://t.co/vShTpiORu9
Everton’s fight for safety continues on/off the pitch 🔵3 key figures say they lack confidence in pts deduction process 🔵Nervous wait to see if 22-23 breach 🔵Wasteful finishing another key theme this season 🔵DCL 4.6 down on xG (most in PL) https://t.co/cASefwlbaN
“It was the right thing to do!” 👏🔵 “The EFL have to take a look… How was this guy allowed to take over in the first place?!” Jeff Stelling backs the #ReadingFC protest on the pitch, amidst worrying ownership issues. https://t.co/6wQLGSd2qt
There is something unsustainable for the credibility of the Premier League about cases like these coming around and being resolved far quicker than those impacting Man City. Process must supersede optics but it’s a damaging look https://t.co/erOOVgkzMp
Feel tonight for the many good/talented people at #NFFC reading @David_Ornstein story and wondering where it leads. Do I like FFP? Nope. Is there mitigation? Yes, to a point. But every PL club a) knew the limits and b) that going over them carried risks/dangers (cont’d) ⬇️
Everton face nervous wait over new Premier League charge for breaking spending rules Full story from @joe_thomas18 👇 https://t.co/ABfMIag9IT