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Nottingham Forest, Everton Charged With Breaches Of Premier League Financial Rules
The Premier League explained the charges on Monday in a statement reading, "Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are in breach of the League's Profitability and Sustainability Rules (PSR). This is as a result of sustaining losses above the permitted thresholds for the assessment period ending Season 2022-2023," reported Xinhua.
"In accordance with Premier League Rules, both cases have now been referred to the chair of the Judicial Panel, who will appoint separate Commissions to determine the appropriate sanction," the statement added.
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