A Toffees statement vowed to appeal the record sanction and added: "The Club will also monitor with great interest the decisions made in any other cases concerning the Premier League's Profit and Sustainability Rules."
Everton had gone £19.5million over the three-year limit for losses under the league's finance regulations and many feel the punishment handed down is harsh. Some have stoked fear over the potential penalties City could face if found guilty of the allegations against them.
The Premier League levelled 115 charges of financial wrongdoing at the Blues back in February, claims the club denies in full. "We look forward to this matter being put to rest once and for all," City said in a defiant statement.
The Premier League seems keen to stamp its authority after its integrity was questioned amid the attempted Super League breakaway in 2021, when analysts felt those involved got off lightly.
Denne historien er fra November 19, 2023-utgaven av MEN on Sunday.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 19, 2023-utgaven av MEN on Sunday.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Pep admits: We could not handle Cherries
PEP Guardiola said that City were not 'clean' enough to cope with Bournemouth as they suffered their first Premier League defeat for 11 months.
United chiefs told me it was now or never
New Reds coach says he asked to stay at Sporting Lisbon until the end of the season, but he was given Old Trafford ultimatum
Curzon boss Craig wants more magic moments in cup
EVEN guiding his team to a shock victory over Mansfield would be unlikely to usurp Craig Mahon's favourite FA Cup memory.
Any encounter with wild nature is memorable in some way
COMEDIAN AND FORMER STRICTLY WINNER BILL BAILEY TALKS TO PRUDENCE WADE ABOUT THE ANIMALS THAT HAVE SHAPED HIS LIFE
Drink-drive firefighter 'haunted by tragedies
Single mum who was almost three times limit is handed fine
Doubt over promised cash for North transport plans
TWO major transport projects in the North of England have been thrown into doubt after Rachel Reeves failed to commit to funding pledges made by the previous Conservative government.
Law change could end out-of-area taxis issue
TAXIS licensed by Wolverhampton council could be BANNED from working in Greater Manchester with a proposed law change.
How a quiet night in lab changed science
Miracle material created in city is 200 times stronger than steel
'As long as Barry can see pals at the pub, he'll be OK ra
Dad's devastating MND diagnosis
The chilly reception to exit of Iceland
How the closure of suburb's last cheap shop' symbolises a change that some residents would prefer hadn't happened
