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Premier League clubs including Liverpool are awaiting outcomes on two huge - and potentially groundbreaking - decisions in relation to the ongoing financial investigations into Everton and Manchester City.
There are two cases of alleged breaches of profit and sustainability rules by Premier League club.
The latest case concerns Everton, who were referred to an independent commission in March for alleged breaches during the 2021/22 season.
The Telegraph claimed on Wednesday that “the Premier League has recommended Everton's punishment to be extremely severe, and up to a maximum of 12 points.
"If found guilty, the club are facing a number of potential other sanctions, including a fine and/or a potential transfer embargo but Everton have stressed they have complied with the rules and insist they will “robustly defend”
Everton reported losses of around £371.8million over the past three years, but the rules say clubs can only lose a maximum of £105million or they face charges.
This could be a big moment in how the league deals with financial conduct. The other case involves Manchester City, which is quite complicated.
City were sent to an independent panel in February for supposedly breaking league rules 115 times between 2009 and 2018. The league's five-year investigation brought up several different claims against the club.
Some of these allegations were about incorrect financial information, while others detailed financial payments to a former manager and other claims of not following the rules
This isn't the first time City have had to deal with similar financial allegations
Many fans are questioning why it's taking so long to make a decision on the current case with City, compared to that of Everton.
The truth is, these cases are very different, with Everton facing one charge over a shorter period, which would be quicker to rule on.
In contrast, City's case involves over 100 separate allegations spanning nine years and a five-year investigation.
This makes the process of reviewing each case, making a ruling, and compiling a final decision a lengthy and careful task. It could be years before the panel reaches a decision.
But should Everton end up facing a points deduction, Liverpool and other Premier League rivals may expect the same to happen should Man City also face punishment.
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