Sports

Everton Face 12-Point Penalty For Financial Breaches

Published

2 years ago

October 25, 2023

Everton face a 12-point deduction after an investigation into alleged breaches of financial rules by the Premier League club, according to a report on Wednesday.

The Daily Telegraph said Premier League chiefs have asked an independent commission to impose the severe sanction, which would be the largest points penalty in the history of the competition.

Losing 12 points would leave Everton on minus-five points at the bottom of this season’s table.

Sean Dyche’s side are currently in 16th place with seven points after losing six of their first nine games.

The Premier League referred Everton to the commission in March over an alleged breach of its profitability and sustainability rules over a period ending with the 2021-22 season.

Top-flight clubs are permitted to lose a maximum of £105 million ($127 million) over a three-year period or face sanctions.

Everton said in a statement issued on the day that news of the referral was confirmed: “The club strongly contests the allegation of non-compliance and together with its independent team of experts is entirely confident that it remains compliant with all financial rules and regulations.

“Everton is prepared to robustly defend its position to the commission. The club has, over several years, provided information to the Premier League in an open and transparent manner and has consciously chosen to act with the utmost good faith at all times.”

Everton have recorded annual losses for five consecutive years, more than £430 million in total over the period.

The club are the subject of a takeover bid by American private investment firm 777 Partners, which last week denied a New York Times report that its bid had stalled because of a failure to supply information to the Financial Conduct Authority.

AFP

Sports

AFCON 2025: Four Teams Qualify For Round Of 16

Published

1 hour ago

December 29, 2025

Editor

South Africa became the fourth team to confirm their place in the last 16 of the 2025 Africa Cup of Nations.

Bafana Bafana edged a five-goal thriller against rivals Zimbabwe, winning 3-2 on Monday evening.

Tshepang Moremi opened the scoring for Hugo Broos’ side, before Tawanda
Maswanhise equalised in the 19th minute.

Lyle Foster restored South Africa’s lead five minutes after the break, but Aubrey Modiba drew the match level in the 73rd minute.

The winning goal came with eight minutes remaining, as Oswin Appollis converted from the penalty spot.

The result took South Africa to six points, one behind group winners Egypt. Both sides have qualified for the next round, alongside Nigeria and Algeria.

Sports

AFCON: Uganda Coach Lists Three Things His Team Must Do Against Nigeria

Published

1 hour ago

December 29, 2025

Editor

Uganda head coach Paul Put has outlined three key areas his side must focus on to secure victory against Nigeria when both teams clash in Tuesday’s Africa Cup of Nations tie.

Put’s side must claim all three points against the Super Eagles or risk an early exit from the competition. The Cranes have just one point in Group C after their opening two matches.
A win against Nigeria could see Uganda qualify as one of the best third-placed teams.

However, speaking at his pre-match press conference on Monday, Put said that for Uganda to overcome Eric Chelle’s side, they must “concentrate be very prepared and win their duels” against Nigeria.

“We have to go for it [win against Nigeria] and we will do it,” Put said.

“Nigerians play at a high level in Europe, so we have to be very concentrated, very prepared and win our duels, which is one of the strong points of Nigeria.”