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Search resuls for: "Premier League Rules"


8 mentions found


☆ ‘Peasants vs. Marie Antoinette’: What the Premier League does with its billions of dollars is riling 72 other soccer clubs
  + stars: | 2024-04-18 | by ( Ben Morse | ) edition.cnn.com   time to read: +11 min
DisparityThanks to its multi-billion-dollar TV deals, the Premier League is often celebrated as a UK Inc. success story. Andrew Powell/Liverpool FC/Getty ImagesBy targeting talents from lower-league academies, Premier League clubs don’t have to pay inflated transfer fees. The mooted introduction of an independent regulator comes against the backdrop of some Premier League clubs falling foul of the Premier League’s Profitability and Sustainability Rules (PSR). Earlier this month, Everton were handed a further two-point deduction for allegedly breaching Premier League financial rules. Relegated from the Premier League in 2023, Leicester denies any wrongdoing and opened legal proceedings against the Premier League and the EFL, but could face a points deduction if found guilty.
Persons: Abu, –, Kieran Maguire, Marie Antoinette ”, Marie Antoinette, – James McConnell –, Gabriele Biancheri, James McConnell, Bobby Clark, Andrew Powell, Caroline Dinenage, Maguire, Richard Masters, ” Maguire, ”, “, ” Masters, Phil Noble, we’ve, It’s, Mike Egerton, they’ve Organizations: CNN —, Manchester City, League, Reading FC –, Reading, English Football League, CNN, British, Premier League, Inc, Sunderland, Manchester United, Cardiff City, Liverpool, Chelsea, Liverpool FC, Getty, Premier League clubs, Culture , Media, Sport Committee, Premier League clubs “, Premier League’s, ” CNN, The Times, European Super League, National League, Everton, Nottingham Forest, Manchester City –, Reuters, Nottingham, “ Premier League, Leicester City, Leicester Locations: Istanbul, Manchester, Abu Dhabi, France, Europe, England’s, Britain's
☆ Everton has 10-point Premier League deduction reduced following appeal
  + stars: | 2024-02-26 | by ( Sammy Mncwabe | ) edition.cnn.com   time to read: +2 min
CNN —An independent Appeal Board has reduced Everton FC’s sanction for breaching the Premier League’s Profitability and Sustainability Rules (PSRs) from 10 points to six. It comes after the Merseyside club successfully appealed a November decision by an independent commission to deduct points for breaching financial rules. The successful appeal moved Everton, which has failed to register a win in their last five matches, up to 15th in the Premier League table. That was a reference to the Premier League charging Everton with a second PSR breach along with Nottingham Forest in January. In response to the latest charge, the Liverpool-based club criticised “a clear deficiency in the Premier League’s rules.”
Persons: Everton FC’s, ”, ” Everton, “ Organizations: CNN, Everton, Premier League, “ Everton FC, Appeal, Club, Nottingham Forest Locations: Merseyside, “, Liverpool
☆ Manchester City: Under Pep Guardiola, Phil Foden says the world’s best soccer team feels ‘unbeatable’. Here’s why
  + stars: | 2024-01-25 | by ( Callum Sutherland | Amanda Davies | ) edition.cnn.com   time to read: +6 min
CNN —For Manchester City star Phil Foden, two major influences have shaped his soccer career: his late grandfather and current manager Pep Guardiola. In his eight years at Manchester City, Guardiola has created a squad atmosphere that has been at the heart of the club’s success. The 23-year-old Phil Foden (C) has already won 14 trophies with Manchester City. From Stockport in Greater Manchester, Foden is a lifelong City fan and joined the club when he was just four years old. At home, in particular, Manchester City has dominated.
Persons: Phil Foden, Pep Guardiola, “, ”, Foden, Guardiola, Naomi Baker, there’s, they’re, We’ve, he’s, David Ramos, Rico Lewis, Oscar Bobb, Lewis, I’ve, Michael Regan, John Terry, they’ve, …, ” Terry, Pep, Jan Kruger, it’s, we’re Organizations: CNN, Manchester City, City, Premier League, FA, League, Men’s, Newcastle United, Guardiola’s, UEFA Champions League, Guardiola, Champions League, Real Madrid, Etihad, Chelsea, England, Globe, CNN Sport, Manchester, Premier League Rules, Abu Dhabi United Group, Liverpool, Copenhagen, Tottenham Locations: Dubai, ”, Stockport, Greater Manchester, Real, overshadows, Anfield
☆ Everton deducted 10 points for breaching English Premier League rules
  + stars: | 2023-11-17 | by ( Thomas Schlachter | ) edition.cnn.com   time to read: +3 min
CNN —Everton FC has been handed an immediate 10-point deduction by an independent commission for breaching the Premier League’s Profitability and Sustainability Rules (PSRs), the English Premier League announced on Friday. The deduction means that Everton drops to 19th in the league table, level on points with last-placed Burnley. “The Premier League issued a complaint against the Club and referred the case to an independent Commission earlier this year. Everton’s next Premier League match is at home to Manchester United on November 26 following the conclusion of the men’s international break. The Merseyside club narrowly avoided relegation from the Premier League last season after finishing 17th, two points above the relegation zone.
Persons: ”, ” Everton, “, Everton’s, Caroline Dinenage Organizations: CNN — Everton FC, English Premier League, Everton, Burnley, Premier League, Club, Commission, “ Everton, Manchester United Locations: Merseyside, England
☆ Everton acquired by U.S. private equity firm 777 Partners
  + stars: | 2023-09-15 | by ( ) www.reuters.com   time to read: +3 min
The firm 777 Partners has a number of clubs in its portfolio, including Italian side Genoa and Belgian team Standard Liege, while they also have stakes in LaLiga club Sevilla and Australian A-League side Melbourne Victory. By January 2022, he had increased his stake to 94.1% with a 100 million pounds capital injection. Everton's most recent figures showed a fifth straight year of losses -- 44.7 million pounds for the 2021-22 season -- with their total loss over that period amounting to over 430 million pounds . Under Premier League rules, teams can make a maximum loss of 105 million pounds over three years, although special allowances were made for the COVID-19 pandemic. Everton's statement said the investment from 777 Partners would strengthen the club's balance sheet and guarantee "full funding" of the stadium.
Persons: Jason Cairnduff, Farhad Moshiri, Moshiri, Josh Wander, Bill Kenwright, Rohith Nair, Hritika Sharma, Toby Chopra, Christian Organizations: Soccer Football, Premier League, Everton, Brighton & Hove Albion, Goodison, Partners, U.S, Genoa, Belgian, Standard Liege, Sevilla, League, Melbourne, Arsenal, Thomson Locations: Liverpool, Britain, Miami, British, Italian, Australian, Merseyside, Moore, Liverpool's Vauxhall, Bramley, Bengaluru, Hyderabad
☆ Manchester City: Pep Guardiola's side lays claim to being Premier League's greatest ever team
  + stars: | 2023-05-21 | by ( Matias Grez | ) edition.cnn.com   time to read: +8 min
CNN —When all is said and done, it is looking increasingly likely that this iteration of Manchester City will go down as the greatest team in Premier League history. A 'Premier League Champions' banner is revealed outside Manchester City's stadium on Saturday. Catherine Ivill/Getty Images Europe/Getty ImagesIndeed, defender Rúben Dias recently called Guardiola the “main piece” of this City team. Back in February, the Premier League accused Manchester City of more than 100 breaches of the league’s finance rules and referred the club to an independent commission. The Premier League told CNN it had no comment to make on the issue, while Rosen said he wasn’t taking press inquiries.
☆ Champions League Live Updates: Manchester City vs. Real Madrid
  + stars: | 2023-05-17 | by ( Tariq Panja | Andrew Das | ) www.nytimes.com   time to read: +2 min
Cup and the Champions League. If it is found to have violated those rules, City could be stripped of a string of Premier League triumphs. But that inquiry — ongoing, and cloaked in the strictest secrecy — is specifically related to Premier League rules. That means there appears to be little risk that City would lose the Champions League title if it manages to finally win it. UEFA’s greater enmity these days is actually toward City’s opponent on Wednesday, Real Madrid, which remains a proponent of creating a Super League that would rival the Champions League.
☆ Soccer’s Premier League accuses Manchester City of breaching financial rules
  + stars: | 2023-02-06 | by ( Jenni Reid | ) www.cnbc.com   time to read: +2 min
A general view of Etihad Stadium, home of Manchester City, on September 14, 2022 in Manchester, United Kingdom. The Premier League has referred the club to an enquiry over an alleged breach of financial rules. LONDON — The English Premier League on Monday announced it has referred soccer club Manchester City to an independent commission over alleged breaches of its financial rules. A commission will be held in private, with members appointed by the chair of the Premier League Judicial Panel. A spokesperson for Manchester City was not immediately available for comment when contacted by CNBC.
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