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Premier League hit Everton, Nottingham with FFP charges and points deduction threat

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10 months ago

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Everton and Nottingham Forest have both been charged with breaching Premier League profitability and sustainability regulations and could face a points deduction

Both clubs were told on Monday that they might have broken the Premier League’s profit and sustainability rules over how much money a club is permitted to lose. If a club breaks these Financial Fair Play (FFP) rules, they could have to pay money or even suffer from a points deduction.

The rules say that clubs in the Premier League can only lose up to £105 million over three years. Everton have already been deducted 10 points this season for breaking these rules, and now they’re in trouble again. Nottingham Forest haven’t had this problem before. Right now, Everton are just above the relegation zone despite their points deduction in November.

Everton said in a statement: “Everton Football Club acknowledges the Premier League’s decision to refer a breach of Profit and Sustainability rules (PSR) for the assessment period ending with the 2022/23 season to an independent Premier League commission. “This relates to a period which covers seasons 2019/20, 2020/21, 2021/22 and 2022/23. It therefore includes financial periods (2019/20, 2020/21 and 2021/22) for which the club has already received a 10-point sanction. The club is currently appealing that sanction.

“The Premier League does not have guidelines which prevent a club being sanctioned for alleged breaches in financial periods which have already been subject to punishment, unlike other governing bodies, including the EFL. As a result and because of the Premier League’s new commitment to deal with such matters “in-season” the club is in a position where it has had no option but to submit a PSR calculation which remains subject to change, pending the outcome of the appeal.

“The club must now defend another Premier League complaint which includes the very same financial periods for which it has already been sanctioned, before that appeal has even been heard. The Club takes the view that this results from a clear deficiency in the Premier League’s rules.

“Everton can assure its fans that it will continue to defend its position during the ongoing appeal and, should it be required to do so, at any future commission and that the impact on supporters will be reflected as part of that process.”

Forest have been doing better since Nuno Espirito Santo became their boss last month, winning against big teams like Newcastle and Manchester United. They’re now a bit safer from dropping out of the Premier League, although a points deduction would of course still be unwelcome.

Forest’s owner, Evangelos Marinakis, has spent loads on new players, with Morgan Gibbs-White costing the most in a £35million move from Wolves in 2022. They sold Brennan Johnson to try and fix their money problems, but it that transfer came too late to save them from being charged.

 

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Shehu Dikko Visits Finance Minister, Discusses Building Nigerian Sports Economy

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1 week ago

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October 29, 2024

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By Kola Daniel

The newly appointed chairman of the National Sports Commission (NSC), Shehu Dikko, paid a courtesy visit on Monday to the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

During the meeting, Dikko and Edun discussed a range of initiatives focused on developing a sustainable sports economy in Nigeria, aligning with the strategic reform objectives of the NSC as directed by President Bola Ahmed Tinubu.

Dikko emphasized the importance of sports as a viable economic driver and explored how to better harness Nigeria’s vast potential in the sector.

“We aim to transform Nigerian sports into a sustainable economic force,” he stated, adding that initiatives are in place to bring Nigerian sports up to international standards and attract greater investment.

The discussions are part of Dikko’s ongoing efforts to lay a solid foundation for Nigeria’s sports economy, leveraging partnerships with key government agencies and stakeholders.

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NIS/LSFA TRAINING COURSE: Falcons Captain, Ajibade Sponsors 11 Coaches For 3rd Batch Of Training

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1 week ago

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October 28, 2024

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Super Falcons captain, Rasheedat Ajibade, through her foundation, Rasheedat Ajibade Foundation(RAF), is sponsoring 11 Lagos State Coaches For the 3rd batch of the NIS/LSFA Coaching Certification Course.

While she has paid for the training of the coaches, the Athletico Madrid of Spain star forward also pledged to continue to give back to society.

She enjoined the Lagos FA, to always provide adequate information concerning its future programmes, to enable her foundation to be part of it.

Responding to the philanthropic gesture of Ajibade, the Chairman of the Lagos State Football Association, Hajji Gafar Liameed, expressed his gratitude to the former Robo star, for extending her love and support to the coaches, and allowing the lucky coaches to further improve their knowledge of the game and also get the necessary certification to operate as licensed coaches.

Gafar went ahead to rally well-meaning individuals and corporate organisations to key into the several programmes and activities of the LSFA, as it continues to rejig and develop football in the state.

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DISGRACE! CAF Humiliates Libya With $50,000 Fines, Awards Victory To Nigeria After AFCON Qualifying Disaster 

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2 weeks ago

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October 26, 2024

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Super Eagles

The Disciplinary Committee of the Confederation of African Football has awarded the Super Eagles of Nigeria three points and three goals in their abandoned matchday 4, 2025 Africa Cup of Nations qualifier against Libya, which was scheduled to be held in Benina on 15 October.

In its ruling on Saturday, signed by chairman Ousmane Kane, the Disciplinary Board determined that the Libyan Football Federation was in breach of Article 31 of the Africa Cup of Nations Regulations and Articles 82 and 151 of the CAF Disciplinary Code.

“The Libyan Football Federation is found to have breached Article 31 of the Africa Cup of Nations Regulations, as well as Articles 82 and 151 of the CAF Disciplinary Code.

“The match No. 87, Libya v Nigeria, of the CAF Africa Cup of Nations Qualifiers 2025 (scheduled to be played on 15 October 2024 in Benghazi), is declared lost by forfeit by Libya (with a record of 3-0),” the ruling read in part.

 

The LFF was also ordered to pay a fine of USD 50,000, with payment due within 60 days of notification of the present decision.

The outcome of the Disciplinary Committee means that Nigeria is close to qualifying for the 2025 Africa Cup of Nations, with two matches to spare.

As a result, the Super Eagles are now on 10 points from four matches, four points ahead of second-placed Benin Republic, while Rwanda has five points. Bottom-placed Libya has only one point and is out of the running for qualification.

A win or draw against the Cheetahs of Benin Republic in Abidjan on Thursday, 14 November (a matchday 5 encounter) will secure the Super Eagles a ticket to the finals in Morocco, scheduled for December 2025/January 2026.

The Nigerian team had boycotted the match citing safety concerns, after being left stranded at the remote Al-Abraq airport on the outskirts of Benghazi for over 22 hours.

The LFF, in response, accused the Nigeria Football Federation of not cooperating with it regarding the travel itinerary.

It also alleged that the Libyan national team had suffered the same fate in Nigeria during the reverse fixture a week earlier, claiming the team was left stranded at the Port Harcourt Airport by Nigerian authorities.

 

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