Chelsea and Aston Villa have been fined by Uefa for breaching the European governing body’s financial rules. competitions for the forthcoming season unless they have a positive transfer balance by the end of the summer transfer window. Chelsea have been fined 31m euros (£26.7m) and could be fined a further 60m euros (£51.2m) if they do not comply with the rules in the next four years.
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A decision on whether Crystal Palace can compete in next season’s Europa League has been delayed by Uefa. The Eagles’ place, earned by winning the FA Cup last season, has been under threat because of Uefa’s multi-club ownership rules, which prevents teams under the same ownership from competing in the same European competition. Co-owner John Textor, who also co-owns French club Lyon, has agreed to sell his 44% stake in Palace in a bid to help their case.
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Seven-time French champions Lyon, owned by American businessman John Textor, have been relegated to the second tier of French football due to the club’s financial problems, the French Professional League announced on Tuesday evening. Lyon, who finished sixth in Ligue 1 and reached the quarterfinals of the Europa League last season, plan to appeal the decision in the hopes of retaining their top flight status.
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Everton have been deducted two points for a second breach of Premier League financial rules. Profit and sustainability rules (PSR) permit clubs to lose £105m over three years and an independent commission found Everton breached that by £16.6m for the three-year period to 2022-23. They drop one place to 16th and are now two points above the relegation zone.
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Everton’s penalty for breaching Premier League financial rules has been reduced from 10 points to six after an appeal. The club were immediately docked 10 points in November for breaking profit and sustainability rules (PSR) in the three-year period to 2021-22. The reduction lifts them from 17th to 15th, although the club is facing another possible points deduction.
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