Everton told to pay Burnley £35m over PSR breaches

Everton have been told they must pay Burnley £35m over the impact of breaches of the Premier League's financial rules.

The case - heard by a Premier League commission - relates to the 2021-22 season, when Everton were found to have broken profit and sustainability regulations (PSR) over a three-year period.

Burnley argued the breach impacted their chances of staying in the Premier League, and sought compensation for the losses associated with being relegated.

The Clarets have been awarded £26m in damages and a further £9m in interest.

Everton have appealed, with sources saying they will "robustly and thoroughly" contest the ruling.

The club said in a statement they were "clear in the belief the ruling is fundamentally flawed in both law and fact".

"This ruling sets a dangerous and unworkable precedent for English football, given it is constructed on a principle that a club can be in breach of financial rules at any point in a financial year," the statement said.

" Everton believes the panel's ruling misrepresents the clear evidence presented by its legal representatives and that an appeal will be successful."